Residential Income Property with
10 Marshall St # 1, Caldwell, NJ 07006
For Sale
New
Contact for pricing
The residence includes in-unit laundry, a dishwasher, and a fenced outdoor area.
Property Size1,850 SF
Price / SF$1.95
Days on Market2
Property Features for 10 Marshall St # 1
General Information
Standard status
Size
Property subtype
Additional Details
Public Transit
Amenities
Unfinished
1 Bedroom,2 Bedrooms,3 Bedrooms,Bath Main
4 Or More Bedrooms,Bath(s) Other
4
In Unit
Breakfast Room,Dining Room,Kitchen,Living Room,Sunroom
Public Water
50X150
0.17
Patio
Building Details
Year Built
Listing Agency:
THE AGENCY ONE ROCK
(551) 239-8040
Listed By:
Justin Robinson
Source:
Skyrealtyintl
Added: Nov 8
Last Checked: Nov 8 at 3:21PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of THE AGENCY ONE ROCK
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Investment Insights
Based on property information with market context.
This 1,850-square-foot residential income property dates to 1923 and has a side-by-side duplex layout across three stories. Interior features include wood flooring, a kitchen, dining and living rooms, a breakfast room, and a sunroom. The unit has a full-size washer and dryer, dishwasher, and closet and storage space. A patio and fenced yard provide outdoor space, while the private driveway accommodates two vehicles.
The property is at 10 Marshall St in West Caldwell Township, near public transit, grocery stores, restaurants, salons, and shopping. Public water serves the property.
The property is at 10 Marshall St in West Caldwell Township, near public transit, grocery stores, restaurants, salons, and shopping. Public water serves the property.
Key Highlights
- Three‑story, side‑by‑side duplex layout
- 1,850 square feet; built in 1923
- Private driveway parking for 2 vehicles
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,449
Suggested Prices Based on Cap Rates
Cap Rate 5%
$568,980
$569.0K
Cap Rate 7%
$406,414
$406.4K
Cap Rate 9%
$316,100
$316.1K
Market Conditions
NOI Build-Up for 1,850 SF
Gross rent
$55.5K $30.00/SF
− Vacancy
−$3.8K −$2.04/SF
EGI
$51.7K $27.96/SF
− OpEx
−$23.3K −$12.58/SF
NOI
$28.4K $15.38/SF
Area
Essex County, NJ
Vacancy
6.80%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$568,980
Cap Rate 7%
$406,414
Cap Rate 9%
$316,100
Alternative Uses
Best Use
Apartment 5plus
$406.4K
$355.6K – $474.2K
NOI $28,449 @ 7.0% cap · market cap 790.25%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$483.1K
$422.7K – $563.6K
NOI $33,815 @ 7.0% cap · market cap 939.31%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Location Intelligence
Trade Area within ½ mile
552
Businesses Nearby
Explore this area
Business Placement
Demographics for 07006, NJ
26,733
Population
10,183
Households
2.6
Avg Household Size
42
Median Age
65%
College-Educated
96%
High-School Grad
9.3 sq mi
ZIP Area
2,875
Density / Sq Mi
$148,645
Median Household Income
$74,342
Median Earnings
$1,973
Median Rent
$667,300
Median Home Value
Market
Average Price Trend$/SF for Residential income properties in Essex County, NJ
Properties on Market for Residential income properties in Essex County
Frequently Asked Questions
What type of property is this?
Residential income property - The residence includes in-unit laundry, a dishwasher, and a fenced outdoor area.
Where is this residential income property located?
The property is located at 10 Marshall St # 1 Caldwell, NJ.
What are key features of this property?
This property features: Three‑story, side‑by‑side duplex layout; 1,850 square feet; built in 1923; Private driveway parking for 2 vehicles
