Two-Family Brick
For Sale
$1,149,000
108 HIGHPOINT AVE, Weehawken, NJ 07086
2 Family, Colonial, Row House, Weehawken, NJ
Property Size2,600 SF
Price / SF$441.92
Days on Market90
Property Features for 108 HIGHPOINT AVE
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 1, Bedroom 2, Basement, Bathroom 1, Bedroom 4, Bathroom 2, Bedroom 3
Directions
Gregory & Hudson
Subdivision
Weehawken
Standard status
Active
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
15237
Building Details
Architectural style
Other, Colonial
Listing Agency:
REAL
Listed By:
ANDREA PALUMBO · License #1647610
(855) 450-0442
Added: Jun 22
Changed: Sep 15
Last Checked: Sep 19 at 7:06PM
MLS# 260012146
Copyright © 2026 Realty MLS, Inc. 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 approximately 2,600-square-foot Colonial row house contains two residential units within a brick structure. The property includes spacious floor plans, preserved architectural details, renovated bathrooms, updated countertops, a newer roof, and a newer boiler. A partially finished basement adds storage and usable interior area, while the backyard includes a recently installed deck.
Two dedicated off-street parking spaces accompany the residence. The property is in Weehawken, with access to public transportation, major roadways, local shops, restaurants, and parks. Manhattan is minutes away, and the nearby Weehawken Reservoir provides an additional recreational setting.
Two dedicated off-street parking spaces accompany the residence. The property is in Weehawken, with access to public transportation, major roadways, local shops, restaurants, and parks. Manhattan is minutes away, and the nearby Weehawken Reservoir provides an additional recreational setting.
Key Highlights
- Two‑family brick residence with approximately 2,600 square feet
- Newer roof and newer boiler
- Renovated bathrooms and updated countertops
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$43,514
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.79%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$870,280
$870.3K
Cap Rate 7%
$621,629
$621.6K
Cap Rate 9%
$483,489
$483.5K
Market Conditions
NOI Build-Up for 2,600 SF
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.
Gross rent
$66.5K $25.56/SF
− Vacancy
−$4.3K −$1.65/SF
EGI
$62.2K $23.91/SF
− OpEx
−$18.6K −$7.17/SF
NOI
$43.5K $16.74/SF
Area
Hudson 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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$870,280
Cap Rate 7%
$621,629
Cap Rate 9%
$483,489
Alternative Uses
Best Use
Multifamily LT 5
$621.6K
$543.9K – $725.2K
NOI $43,514 @ 7.0% cap · market cap 3.79%
Second Best
Apartment 5plus
$571.2K
$499.8K – $666.4K
NOI $39,983 @ 7.0% cap · market cap 3.48%
Theoretical Best
Warehouse
$941.5K
$823.8K – $1.10M
NOI $65,904 @ 7.0% cap · market cap 5.74%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,847
Businesses Nearby
Explore this area
Business Placement
Demographics for 07086, NJ
17,197
Population
9,399
Households
1.8
Avg Household Size
37
Median Age
66%
College-Educated
92%
High-School Grad
0.8 sq mi
ZIP Area
21,496
Density / Sq Mi
$122,653
Median Household Income
$82,932
Median Earnings
$2,422
Median Rent
$875,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Colonial row house with updated interiors, basement space, backyard deck, and off-street parking.
Where is this duplex located?
The property is located at 108 HIGHPOINT AVE Weehawken, NJ.
What is the asking price?
The asking price for this property is $1,149,000.
What are key features of this property?
This property features: Two‑family brick residence with approximately 2,600 square feet; Newer roof and newer boiler; Renovated bathrooms and updated countertops
