2-Unit Duplex with
New
For Sale
$825,000
10 Peterson Rd, Totowa Boro, NJ 07512
Multi-Family, 2-Two Story, Under/Over, Totowa Boro, NJ
Property Size2,521 SF
Lot Size0.40 Acres
Price / SF$327.25
Days on Market3
Property Features for 10 Peterson Rd
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
5
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 5, Bathroom 4, Bedroom 1, Bathroom 1, Bathroom 3, Bedroom 2, Basement, Bathroom 2, Bedroom 4, Bedroom 3
Parking
6
Patio and Porch features
Patio
Interior features
Carbon Monoxide Detector, Smoke Detector
Exterior features
Curbs, Patio, Storage Shed
Lot features
Level Lot
Directions
Totowa Rd to Peterson Rd
Standard status
Active
Size
2,521 SF
Lot size
0.40 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
14124
Utilities
Sewer type
Public Sewer
Heating system
Baseboard, Electric (Heating)
Cooling system
Central Air, Ductless
Water source
Public
Building Details
Year built
1960
Floors in Building
2
Number of units
2
Roof type
Shingle
Architectural style
Other
Additional Structures
Storage
Listing Agency:
REALTY EXECUTIVES PLATINUM · Realty Executives International
(973) 887-0095
Listed By:
ANDREA MARTONE
(973) 214-3316
Added: Oct 30
Changed: Nov 1
Last Checked: Nov 1 at 8:06PM
MLS# 4062144
Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 2,521-square-foot duplex contains two residences on a 0.4-acre lot. The first residence has three bedrooms, two full baths, living and dining rooms, a family room, sunroom, and an eat-in kitchen. Its finished walkout basement includes a second kitchen and a third full bath. The second residence offers two bedrooms, a full bath, an eat-in kitchen, living room, laundry room, and storage closets.
The property also includes a 2-car garage, patio, flat yard, and storage shed. Built in 1960, the building has a new shingle roof. Heating is baseboard and electric, with central air and ductless cooling listed among the property features.
The property also includes a 2-car garage, patio, flat yard, and storage shed. Built in 1960, the building has a new shingle roof. Heating is baseboard and electric, with central air and ductless cooling listed among the property features.
Key Highlights
- Two residences with a combined 2,521 square feet of living area
- 0.4‑acre lot with a flat yard and patio
- First residence has 3 bedrooms and 3 full baths, including a finished walkout basement with a second kitchen
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,192
Cap Rate
5.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$843,840
$843.8K
Cap Rate 7%
$602,743
$602.7K
Cap Rate 9%
$468,800
$468.8K
Market Conditions
NOI Build-Up for 2,521 SF
Gross rent
$64.4K $25.56/SF
− Vacancy
−$4.2K −$1.65/SF
EGI
$60.3K $23.91/SF
− OpEx
−$18.1K −$7.17/SF
NOI
$42.2K $16.74/SF
Area
Paterson, NJ
Vacancy
6.46%
Lease Rate
$25.56 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$843,840
Cap Rate 7%
$602,743
Cap Rate 9%
$468,800
Alternative Uses
Best Use
Multifamily LT 5
$602.7K
$527.4K – $703.2K
NOI $42,192 @ 7.0% cap · market cap 5.11%
Second Best
Apartment 5plus
$553.8K
$484.6K – $646.1K
NOI $38,768 @ 7.0% cap · market cap 4.70%
Theoretical Best
Office A
$658.3K
$576.0K – $768.0K
NOI $46,080 @ 7.0% cap · market cap 5.59%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
660
Businesses Nearby
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Business Placement
Demographics for 07512, NJ
11,042
Population
4,002
Households
2.8
Avg Household Size
44
Median Age
38%
College-Educated
93%
High-School Grad
4.0 sq mi
ZIP Area
2,761
Density / Sq Mi
$114,177
Median Household Income
$56,348
Median Earnings
$1,703
Median Rent
$507,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - A finished walkout basement adds living space and a second kitchen to one of the two residences.
Where is this duplex located?
The property is located at 10 Peterson Rd Totowa Boro, NJ.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: Two residences with a combined 2,521 square feet of living area; 0.4‑acre lot with a flat yard and patio; First residence has 3 bedrooms and 3 full baths, including a finished walkout basement with a second kitchen
