Duplex Incomplete
104 Union Avenue Stratford, NJ 08084
104 Union Avenue, Stratford, NJ, 08084
$370,000
For Sale
$370,000
MULTI_FAMILY - Stratford, NJ
Property Size1,734 SF
Lot Size0.17 Acres
Price / SF$213.38
Days on Market72
Property Features for 104 Union Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 6
- Bathrooms
- 2
- Rooms
- Bedroom 4, Bedroom 5, Bathroom 1, Bedroom 6, Bathroom 2, Bedroom 3, Basement, Bedroom 1, Bedroom 2
- Parking features
- On Street
- Standard status
- Active
- APN
- 32-00039-0000-00011
- Size
- 1,734 SF
- Lot size
- 0.17 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 7727
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 1930
- Floors in Building
- 2
- Number of units
- 2
- Building materials
- Stucco
- Roof type
- Shingle
Listing Agency
C21/ Mack Morris Iris Lurie
(732) 536-2228
47 Route 9 S, Morganville, NJ
Listed by
Constance Richmond
(732) 536-2228
Added: May 8 Checked: Jul 18 at 12:06 pm
MLS# 22613466
Listing URL
Copyright © 2026 More MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This duplex is offered for sale as an investor special and is currently not habitable. The property is mid-renovation, with some flooring completed and kitchens and baths in progress. Renovation work also includes the addition of duct work for central air, some new windows and drywall, and a new electrical line installed for the second-floor unit.
The building configuration provides a 4-bed unit on the first floor and a 2-bed unit on the second floor, supporting two separate living spaces within the duplex. Located at 104 Union Avenue in Stratford, NJ, the property sits on a tree-lined street.
The sale is strictly as-is, with the renovation started but not yet finished, creating an opportunity for the next owner to complete the project using the work already completed.
The building configuration provides a 4-bed unit on the first floor and a 2-bed unit on the second floor, supporting two separate living spaces within the duplex. Located at 104 Union Avenue in Stratford, NJ, the property sits on a tree-lined street.
The sale is strictly as-is, with the renovation started but not yet finished, creating an opportunity for the next owner to complete the project using the work already completed.
Key Highlights
- Duplex built in 1930 with stucco exterior and shingle roof
- 4‑bedroom unit on the 1st floor and 2‑bedroom unit on the 2nd floor
- Some renovations completed: flooring finished in places, kitchens and baths in progress
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $29.8k | $17.16 |
| − Vacancy | −$1.6k | −$0.91 |
| EGI | $28.2k | $16.25 |
| − OpEx | −$8.5k | −$4.87 |
| NOI | $19.7k | $11.37 |
1,734 SF · lease $17.16/SF/yr · vacancy 5.32% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$281.7K
$246.5K – $328.7K
NOI $19,721 @ 7.0% cap · market cap 5.33%
Second Best
Apartment 5plus
$251.6K
$220.1K – $293.5K
NOI $17,610 @ 7.0% cap · market cap 4.76%
Theoretical Best
Office A
$439.7K
$384.7K – $513.0K
NOI $30,777 @ 7.0% cap · market cap 8.32%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Duplex for sale with a 4-bed first-floor unit and a 2-bed second-floor unit, sold as-is mid-renovation.
Where is this duplex located?
The property is located at 104 Union Avenue Stratford, NJ.
What is the asking price?
The asking price for this property is $370,000.
What are key features of this property?
This property features: Duplex built in 1930 with stucco exterior and shingle roof; 4‑bedroom unit on the 1st floor and 2‑bedroom unit on the 2nd floor; Some renovations completed: flooring finished in places, kitchens and baths in progress
