Building Details

Buildings 1

Stories 2

Construction cement block

Listed By: Patti Gurney · License #1757287 Show Phone

Source: Kw

Added: Jul 6, 2025 Changed: Oct 19 Last Checked: Oct 19 at 6:06AM

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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 Patti Gurney

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Investment Insights

Based on property information with market context.

This 1904 sq ft duplex is a cement-block American Four Square home constructed in 1904. The first- and second-floor residences each contain 2 bedrooms, 1 full bath, and an eat-in kitchen. The upper unit adds walk-up attic access, while shared laundry is located in the unfinished basement. Separate heat is provided, with natural gas and electric service connected.

Exterior features include a large, level backyard and a detached two-car garage. The property is steps from the train station and near downtown shops, restaurants, cafes, parks, schools, and shopping. Direct transportation to NYC is also noted, placing the home within a walkable Waldwick setting with established residential and community amenities.

Key Highlights

• Two‑family layout with 2 bedrooms and 1 full bath in each unit
• 1904 sq ft cement‑block American Four Square home
• Second‑floor unit includes walk‑up attic access

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$31,866

Cap Rate

4.77%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$637,320 $637.3K

Cap Rate 7%

$455,229 $455.2K

Cap Rate 9%

$354,067 $354.1K

Is this asking price fair?

Market Conditions

NOI Build-Up for 1,904 SF

Gross rent

$48.7K $25.56/SF

− Vacancy

−$3.1K −$1.65/SF

EGI

$45.5K $23.91/SF

− OpEx

−$13.7K −$7.17/SF

NOI

$31.9K $16.74/SF

Area

Bergen County, 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%

$637,320

Cap Rate 7%

$455,229

Cap Rate 9%

$354,067

Alternative Uses

Best Use

Multifamily LT 5

$455.2K

$398.3K – $531.1K (±1% cap)

NOI $31,866 @ 7.0% cap · market cap 4.77%

Second Best

Apartment 5plus

$418.3K

$366.0K – $488.0K (±1% cap)

NOI $29,280 @ 7.0% cap · market cap 4.38%

Theoretical Best

Office A

$497.2K

$435.0K – $580.0K (±1% cap)

NOI $34,802 @ 7.0% cap · market cap 5.21%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

2

Residential units

Location Intelligence

Trade Area within ½ mile

908

Businesses Nearby

Explore this area Business Placement

Demographics for 07463, NJ

10,058

Population

3,486

Households

2.9

Avg Household Size

41

Median Age

57%

College-Educated

96%

High-School Grad

2.0 sq mi

ZIP Area

5,029

Density / Sq Mi

$155,526

Median Household Income

$74,468

Median Earnings

$3,189

Median Rent

$576,200

Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

Frequently Asked Questions

What type of property is this?

Duplex - Each residence offers two bedrooms, a full bath, and an eat-in kitchen with shared laundry facilities.

Where is this duplex located?

The property is located at 10 Zazzetti Street Waldwick, NJ.

What is the asking price?

The asking price for this property is $668,500.

What are key features of this property?

This property features: Two‑family layout with 2 bedrooms and 1 full bath in each unit; 1904 sq ft cement‑block American Four Square home; Second‑floor unit includes walk‑up attic access