Two-Family Residential Income
11 Hull Avenue Freehold, NJ 07728
11 Hull Avenue, Freehold, NJ, 07728
$535,000
For Sale
$535,000
MULTI_FAMILY - Freehold, NJ
Property Size1,625 SF
Lot Size0.09 Acres
Price / SF$329.23
Days on Market48
Property Features for 11 Hull Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 3, Basement, Bedroom 1, Bedroom 4, Bathroom 2, Bathroom 1, Bedroom 2
- Parking
- 2
- Parking features
- Assigned
- Standard status
- Active
- APN
- 16-00090-01-00034
- Size
- 1,625 SF
- Lot size
- 0.09 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 7222
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 1930
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Vinyl
- Roof type
- Shingle
Listing Agency
RE/MAX Central
(732) 972-1000
520 HWY 9 N, Manalapan, NJ
Listed by
Rut Olivera · License #395083
(732) 972-1000
Added: Jun 4 Updated: Jul 17 at 10:22 am Checked: Jul 21 at 1:06 am
MLS# 22616744
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 two-family residential property in Freehold, NJ offers a duplex-style setup designed to support both investment use and owner-occupancy. The offering is presented as a freehold property, providing a straightforward ownership structure for buyers considering rental income or a live-in arrangement alongside a second unit.
Situated at 11 Hull Avenue in Freehold, the home is described as being just minutes from downtown Freehold. Residents would have convenient access to local shops, restaurants, parks, and major transportation routes per the remarks.
For practical tenant and buyer fit, the property’s two-unit configuration can work well for operators seeking rental flexibility, or for an owner-occupant who wants to offset housing costs with a separate unit. The compact, income-oriented duplex layout supports a range of residential income strategies while keeping ownership tied to a specific, fully controllable asset on its freehold basis.
Situated at 11 Hull Avenue in Freehold, the home is described as being just minutes from downtown Freehold. Residents would have convenient access to local shops, restaurants, parks, and major transportation routes per the remarks.
For practical tenant and buyer fit, the property’s two-unit configuration can work well for operators seeking rental flexibility, or for an owner-occupant who wants to offset housing costs with a separate unit. The compact, income-oriented duplex layout supports a range of residential income strategies while keeping ownership tied to a specific, fully controllable asset on its freehold basis.
Key Highlights
- Two‑family property with 4 bedrooms and 2 bathrooms
- Year built 1930
- Public water and public sewer
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 | $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
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two-family Freehold property suited for investors or owner-occupants with nearby access to downtown amenities.
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 property with 4 bedrooms and 2 bathrooms; Year built 1930; Public water and public sewer
