Two-Unit Duplex with
New
For Sale
$825,000
10 Peterson Rd, Totowa Boro, NJ 07512
Residential, Cape Cod, Duplex, Totowa Boro, NJ
Property Size2,521 SF
Lot Size0.40 Acres
Price / SF$327.25
Days on Market1
Property Features for 10 Peterson Rd
General Information
Property type
Residential
Property subtype
Duplex
Bedrooms
5
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 5, Utility Room, Bathroom 4, Kitchen, Bedroom 1, Bathroom 1, Bathroom 3, Bedroom 2, Game Room, Bathroom 2, Bedroom 4, Bedroom 3, Basement
Parking
6
Patio and Porch features
Patio
Exterior features
Patio
Appliances
Carbon Monoxide Detector, Microwave Oven, Range/Oven-Electric
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
Flooring type
Wood, Tile
Roof type
Shingle
Architectural style
Cape Cod, Other
Buildings
1
Listing Agency:
REALTY EXECUTIVES PLATINUM · Realty Executives International
(973) 887-0095
Listed By:
ANDREA MARTONE
(973) 214-3316
Added: Nov 1
Last Checked: Nov 1 at 8:06PM
MLS# 4062300
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 apartments on a 0.40-acre lot. One unit has three bedrooms and two full bathrooms, along with living, dining, and family rooms, a sunroom, and an eat-in kitchen. Its finished walk-out basement includes a second kitchen, a third full bathroom, and access to the garage. The other apartment offers two bedrooms, a full bathroom, a living room, an eat-in kitchen, laundry, and storage. The property was built in 1960 and has a shingle roof, patio, and two-car garage; the roof is new. Public water and sewer serve the property.
Key Highlights
- Two apartments in a 2,521‑square‑foot duplex
- 0.40‑acre lot with a patio
- One apartment has 3 bedrooms, 2 full bathrooms, and three levels of living space
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 - Two distinct apartments provide a range of room configurations, with outdoor space and a two-car garage.
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 apartments in a 2,521‑square‑foot duplex; 0.40‑acre lot with a patio; One apartment has 3 bedrooms, 2 full bathrooms, and three levels of living space
