Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    8519 1St Ave North Bergen, NJ 07047

    Sponsored
    For Sale
    $1,200,000

    Multi-level, 2 Family - North Bergen, NJ

    Days on Market:
    44
    Last Refresh:
    Feb 26 at 2:06 pm

    Property Features for 8519 1St Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    6
    Bathrooms
    3
    Parking
    3
    Parking features
    Garage
    Basement Y/N
    1

    Utilities

    Heating system
    Baseboard, Other (Heating)

    Building Details

    Building materials
    Brick
    Architectural style
    Other

    We can help!

    Listing Contact
    YANN ROUSSEAU

    eXp Realty, LLC (866) 201-6210

    Listing agent YANN ROUSSEAU (866) 201-6210 License #2299702

    Listing date Jan 14, 2026

    MLS# 250025125 Listing URL

    Copyright © 2026 Realty MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    North Bergen Two-Family Brick Home

    This is a legal brick two-family home located in North Bergen. The first two floors are spacious and versatile, offering flexible living or rental configurations. The property features a finished attic with skylights, refinished wood floors and doors, and a block and bluestone foundation. Upgrades include a 12-year-old roof with 30 years remaining on the transferable warranty, a new brick chimney with a bluestone cap, separated heat, water, and 200 amp electric service with new panels and permit signoffs, new water and gas lines with new meters, two gas boilers, and two 40-gallon hot water heaters. The utilities are fully separated, including two washers and two dryers. The exterior features a brick two-car garage and a long driveway that can accommodate up to four cars. The property is in overall condition.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    North Bergen
    County
    Hudson
    State
    New Jersey
    Longitude
    -74.004677
    Latitude
    40.8061967

    Nearby Similar for Sale

    • $81,000
      1,200 SF

      Equipped Deli & Grocery Store

      Operating deli and grocery store with fixtures and inventory included.
      7300 Broadway, North Bergen, NJ 07047
      View Details
    • $250,000
      1,200 SF

      Established Nail Salon in North Bergen

      Turnkey nail and spa salon with transferable lease in North Bergen.
      7502 Broadway, North Bergen, NJ 07047
      View Details
    • New
      $975,000

      Mixed-Use Property, North Bergen

      Mixed-use property with expansion opportunity in North Bergen.
      9028 Palisade Plz, North Bergen, NJ 07047
      View Details
    • $1,049,000

      North Bergen Retail Investment Opportunity

      Retail property on a busy avenue, ideal for investors.
      7017-7019 Bergenline Ave, North Bergen, NJ 07047
      View Details
    • $235,000

      North Bergen Convenience Store Opportunity

      Fully running convenience store with lottery machine in North Bergen.
      9101 John F. Kennedy Blvd, North Bergen, NJ 07047
      View Details
    • $999,000

      Mixed-Use Investment Opportunity on Broadway

      Mixed-use property with retail and residential units in prime location.
      7409 Broadway, North Bergen, NJ 07047
      View Details
    • $699,000
      1,500 SF

      North Bergen Garage For Sale

      Garage for sale in North Bergen with high traffic location.
      6341 Kennedy Blvd, North Bergen, NJ 07047
      View Details
    • $1,400,000
      2,975 SF

      Lounge Business Opportunity in North Bergen

      Lounge business with liquor license, building, and rental unit.
      6743 Kennedy Blvd, North Bergen, NJ 07047
      View Details
    • $80,000

      North Bergen Minimarket Deli

      Income-producing minimarket deli in a thriving North Bergen neighborhood.
      1464 64Th St, North Bergen, NJ 07047
      View Details
    • $699,000
      1,500 SF

      North Bergen Garage For Sale

      1500 sqft garage with parking in high-traffic North Bergen.
      6341 Kennedy Blvd, North Bergen, NJ 07047
      View Details
    • $225,000

      North Bergen Retail Opportunity

      Retail property for sale in North Bergen, New Jersey.
      4322 Grand Ave, North Bergen, NJ 07047
      View Details
    • $1,375,000
      2,200 SF

      North Bergen Multifamily Investment Opportunity

      Multifamily in North Bergen with 8 bedrooms and 4 baths.
      1414 67Th St, North Bergen, NJ 07047
      View Details

    FAQs

    What type of property is this?
    Duplex - Impeccably maintained two-family home with upgrades in North Bergen.
    Where is this duplex located?
    The property is located at 8519 1St Ave North Bergen, NJ.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: - Fully separated utilities (heat, water, electric, washers/dryers) for each unit.; - Major upgrades including a relatively new roof (12 years old with transferable warranty), new brick chimney, new water and gas lines, and new electric panels.; - Two-car brick garage and long driveway with parking for up to four cars.
    (866) 201-6210
    Request Owner's contact information
    8519 1St Ave North Bergen, NJ 07047
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    8519 1St Ave
    North Bergen, NJ 07047
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    8519 1St Ave North Bergen, NJ 07047
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    YANN ROUSSEAU
    Real Estate License ID: 2299702
    (866) 201-6210
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!