Residential Income Property with Rooftop
New
For Sale
$2,150,000
10B Hooks Lane, Edgewater, NJ 07020
A private elevator connects four levels of townhouse space, including a recreation room and home office.
Property Size4,200 SF
Price / SF$511.90
Days on Market6
Property Features for 10B Hooks Lane
General Information
Standard status
Active
Size
4,200 SF
Total Parking Spaces
2
Elevators
Yes
Property subtype
Duplex
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$30,348
Amenities
Trex deck
glass-enclosed rooftop deck
wet bar
recreation room
home office
Building Details
Buildings
1
Stories
4
Construction
contemporary
Listing Agency:
The Agency One Rock-Fort Lee
Listed By:
Sara Shin
(201) 446-7705
Source:
Serhant
Added: Oct 15
Changed: Oct 19
Last Checked: Oct 19 at 2:08PM
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 The Agency One Rock-Fort Lee
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Investment Insights
Based on property information with market context.
This four-level townhouse offers approximately 4,200 sq ft of living space, with a private elevator serving the floors. The main level combines a living room with a linear gas fireplace, dining area, home office, and European-inspired kitchen with an oversized island. White oak floors and 10-ft ceilings complement the interior. A primary suite, two additional bedrooms, and a loft with wet bar add flexible spaces, while the ground level includes a recreation room and an additional bedroom or office. A two-car garage is also included.
Outdoor areas include a private Trex deck and a glass-enclosed rooftop deck with views of the NYC skyline and Hudson River.
Outdoor areas include a private Trex deck and a glass-enclosed rooftop deck with views of the NYC skyline and Hudson River.
Key Highlights
- Approximately 4,200 sq ft across four levels
- Private elevator
- Main level features 10‑ft ceilings and white oak floors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$64,588
Cap Rate
3.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,291,760
$1.3M
Cap Rate 7%
$922,686
$922.7K
Cap Rate 9%
$717,644
$717.6K
Market Conditions
NOI Build-Up for 4,200 SF
Gross rent
$126.0K $30.00/SF
− Vacancy
−$8.6K −$2.04/SF
EGI
$117.4K $27.96/SF
− OpEx
−$52.8K −$12.58/SF
NOI
$64.6K $15.38/SF
Area
Bergen County, NJ
Vacancy
6.80%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,291,760
Cap Rate 7%
$922,686
Cap Rate 9%
$717,644
Alternative Uses
Best Use
Apartment 5plus
$922.7K
$807.4K – $1.08M
NOI $64,588 @ 7.0% cap · market cap 3.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.10M
$959.6K – $1.28M
NOI $76,769 @ 7.0% cap · market cap 3.57%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,813
Businesses Nearby
Explore this area
Business Placement
Demographics for 07020, NJ
14,336
Population
7,601
Households
1.9
Avg Household Size
40
Median Age
74%
College-Educated
97%
High-School Grad
1.0 sq mi
ZIP Area
14,336
Density / Sq Mi
$137,847
Median Household Income
$102,682
Median Earnings
$2,645
Median Rent
$723,400
Median Home Value
Frequently Asked Questions
What type of property is this?
Residential income property - A private elevator connects four levels of townhouse space, including a recreation room and home office.
Where is this residential income property located?
The property is located at 10B Hooks Lane Edgewater, NJ.
What is the asking price?
The asking price for this property is $2,150,000.
What are key features of this property?
This property features: Approximately 4,200 sq ft across four levels; Private elevator; Main level features 10‑ft ceilings and white oak floors
