Two-Unit Residential Income
11 Hull Avenue Freehold, NJ 07728
For Sale
$535,000
Two-family residential income property in Freehold offered for sale.
Property Size1,625 SF
Price / SF$329.23
Days on Market146
Property Features for 11 Hull Avenue
General Information
- Standard status
- Active
- Size
- 1,625 SF
- Property subtype
- Multi-Family / Duplex
Building Details
- Year Built
- 1930
Listing Agency:
PG Realty Group
(908) 223-5306
Listed By:
Rut Olivera · License #2186195
(908) 223-5306
Source:
Compass
Added: Feb 28
Changed: Jul 23
Last Checked: Jul 23 at 9:38AM
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 PG Realty Group
Investment Insights
Based on property information with market context.
This two-family (duplex) residential income property is being offered for sale in Freehold, NJ. It presents a straightforward two-unit setup suitable for both investor ownership and owner-occupant scenarios.
The property is described as being just minutes from downtown Freehold, with nearby access to local shops, restaurants, parks, and major transportation routes.
More photos are expected to be added soon.
The property is described as being just minutes from downtown Freehold, with nearby access to local shops, restaurants, parks, and major transportation routes.
More photos are expected to be added soon.
Key Highlights
- Two‑family residential income property in Freehold
- 4 bedrooms and 2 full baths across 2 levels
- Basement with tenant storage
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 | $41.5k | $25.56 |
| − Vacancy | −$2.7k | −$1.65 |
| EGI | $38.9k | $23.91 |
| − OpEx | −$11.7k | −$7.17 |
| NOI | $27.2k | $16.74 |
1,625 SF · lease $25.56/SF/yr · vacancy 6.46% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$388.5K
$340.0K – $453.3K
NOI $27,196 @ 7.0% cap · market cap 5.08%
Second Best
Apartment 5plus
$357.0K
$312.4K – $416.5K
NOI $24,989 @ 7.0% cap · market cap 4.67%
Theoretical Best
Office A
$424.3K
$371.3K – $495.0K
NOI $29,702 @ 7.0% cap · market cap 5.55%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Two-family residential income property in Freehold offered for sale.
Where is this duplex located?
The property is located at 11 Hull Avenue Freehold, NJ.
What is the asking price?
The asking price for this property is $535,000.
What are key features of this property?
This property features: Two‑family residential income property in Freehold; 4 bedrooms and 2 full baths across 2 levels; Basement with tenant storage
