Four-Unit Quadplex with
109 E Munsell Ave, Linden, NJ 07036
For Sale
$1,095,000
Pending
Multi-Family, 2-Two Story, Fourplex, Linden City, NJ
Property Size3,600 SF
Lot Size0.20 Acres
Days on Market95
Property Features for 109 E Munsell Ave
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking
Patio and Porch features
Interior features
Exterior features
Lot features
Elementary school
Middle school
High school
Directions
Standard status
Size
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Utilities
Sewer type
Heating system
Water source
Building Details
Year built
Floors in Building
Number of units
Roof type
Architectural style
Listing Agency:
KELLER WILLIAMS REALTY
Listed By:
THOMAS S. GASSLER
(908) 233-8502
Added: Aug 11
Changed: Nov 6
Last Checked: Nov 13 at 11:06PM
MLS# 4046249
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 3,600-square-foot quadplex contains four units within a two-story multifamily configuration. The property includes 8 bedrooms, 4 bathrooms, a basement, and an open porch. Interior finishes include wood, tile, vinyl-linoleum, and carpeted flooring, while steam heating and a flat rubber roof serve the building. Built in 1900, the property also features storm windows and thermal windows or doors.
The 0.20-acre parcel is located at 109 E Munsell Ave in Linden City, Union County, New Jersey. Curbs and a sidewalk border the property, with public water and public sewer available. Three of the four units are leased, and the property is zoned R-2B.
The 0.20-acre parcel is located at 109 E Munsell Ave in Linden City, Union County, New Jersey. Curbs and a sidewalk border the property, with public water and public sewer available. Three of the four units are leased, and the property is zoned R-2B.
Key Highlights
- Four‑unit quadplex on a 0.20‑acre parcel
- 3,600 square feet with 8 bedrooms and 4 bathrooms
- Three of four units are leased
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$60,250
Cap Rate
5.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,205,000
$1.2M
Cap Rate 7%
$860,714
$860.7K
Cap Rate 9%
$669,444
$669.4K
Market Conditions
NOI Build-Up for 3,600 SF
Gross rent
$92.0K $25.56/SF
− Vacancy
−$5.9K −$1.65/SF
EGI
$86.1K $23.91/SF
− OpEx
−$25.8K −$7.17/SF
NOI
$60.3K $16.74/SF
Area
Union 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%
$1,205,000
Cap Rate 7%
$860,714
Cap Rate 9%
$669,444
Alternative Uses
Best Use
Multifamily LT 5
$860.7K
$753.1K – $1.00M
NOI $60,250 @ 7.0% cap · market cap 5.50%
Second Best
Apartment 5plus
$790.9K
$692.0K – $922.7K
NOI $55,361 @ 7.0% cap · market cap 5.06%
Theoretical Best
Office A
$940.0K
$822.5K – $1.10M
NOI $65,802 @ 7.0% cap · market cap 6.01%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
4
Residential units
75%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,287
Businesses Nearby
Explore this area
Business Placement
Demographics for 07036, NJ
45,161
Population
16,911
Households
2.7
Avg Household Size
40
Median Age
23%
College-Educated
85%
High-School Grad
10.9 sq mi
ZIP Area
4,143
Density / Sq Mi
$89,942
Median Household Income
$46,736
Median Earnings
$1,622
Median Rent
$385,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Properties on Market for Quadplexes in Union County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Quadplex - Two-story multifamily property with R-2B zoning, public utilities, and three leased units.
Where is this quadplex located?
The property is located at 109 E Munsell Ave Linden, NJ.
What is the asking price?
The asking price for this property is $1,095,000.
What are key features of this property?
This property features: Four‑unit quadplex on a 0.20‑acre parcel; 3,600 square feet with 8 bedrooms and 4 bathrooms; Three of four units are leased
