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Two-Unit Duplex with Finished Basement
For Sale
$999,000

11 Scudder St, Garfield, NJ 07026

Multi-Family, 2-Two Story, Under/Over, Garfield City, NJ

Property Size4,150 SF
Lot Size0.11 Acres
Price / SF$240.72
Days on Market55

Property Features for 11 Scudder St

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 6
Bathrooms 5
Full bathrooms 5
Rooms Basement, Bedroom 1, Bedroom 5, Bedroom 4, Bedroom 6, Bathroom 2, Bathroom 3, Bedroom 3, Bathroom 1, Bathroom 4, Bedroom 2
Parking 2
Security features Security System
Patio and Porch features Deck
Interior features Carbon Monoxide Detector, Fire Extinguisher, Security System, Smoke Detector
Exterior features Deck, Storage Shed, Underground Lawn Sprinkler
Directions River Dr. to lanza, Banta, or Semel to ScudderFollow GPS
Standard status Active
Size 4,150 SF
Lot size 0.11 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 17404

Utilities

Sewer type Public Sewer
Heating system Baseboard, Hot Water(Heating)
Cooling system Central Air
Water source Public

Amenities

central air
laundry room
deck
storage shed

Building Details

Year built 1986
Floors in Building 2
Number of units 2
Roof type Shingle
Architectural style Other
Additional Structures Storage
Buildings 1
Listing Agency: RE/MAX HOUSE VALUES · RE/MAX International
Listed By: LAURA ELNASSER
Added: Sep 11 Changed: Nov 1 Last Checked: Nov 4 at 11:06AM
MLS# 4052242

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.

Rey
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Investment Insights

Based on property information with market context.

This 4,150-square-foot duplex, built in 1986, contains two residences arranged in an over-under configuration. Each unit has three bedrooms, two bathrooms, a living room, dining area, and eat-in kitchen. Hardwood floors and central air are present in both homes, with utilities metered separately. The first-floor residence also opens to a deck.

The finished walkout basement adds a summer kitchen, full bathroom, combined living and dining area, two additional rooms, and a laundry room with separate hookups. Outside, the property includes a backyard deck and storage shed. An attached one-car garage and driveway parking for two cars provide on-site vehicle space.

Public water and sewer serve the property. The parcel measures 0.11 acres and is located in Garfield, New Jersey, near shopping, schools, public transportation, and major roadways.

Key Highlights

  • Two residences, each with 3 bedrooms and 2 bathrooms
  • 4,150 square feet; built in 1986
  • Finished walkout basement with summer kitchen, full bath, two rooms, and laundry hookups

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$69,455
Cap Rate
6.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,389,100 $1.4M
Cap Rate 7%
$992,214 $992.2K
Cap Rate 9%
$771,722 $771.7K
Market Conditions
NOI Build-Up for 4,150 SF
Gross rent
$106.1K $25.56/SF
− Vacancy
−$6.9K −$1.65/SF
EGI
$99.2K $23.91/SF
− OpEx
−$29.8K −$7.17/SF
NOI
$69.5K $16.74/SF
Area
Bergen 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%
$1,389,100
Cap Rate 7%
$992,214
Cap Rate 9%
$771,722

Alternative Uses

Best Use
Multifamily LT 5
$992.2K
$868.2K – $1.16M (±1% cap)
NOI $69,455 @ 7.0% cap · market cap 6.95%
Second Best
Apartment 5plus
$911.7K
$797.7K – $1.06M (±1% cap)
NOI $63,819 @ 7.0% cap · market cap 6.39%
Theoretical Best
Office A
$1.08M
$948.2K – $1.26M (±1% cap)
NOI $75,855 @ 7.0% cap · market cap 7.59%
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
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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,338
Businesses Nearby

Demographics for 07026, NJ

32,655
Population
12,234
Households
2.7
Avg Household Size
37
Median Age
24%
College-Educated
84%
High-School Grad
2.1 sq mi
ZIP Area
15,550
Density / Sq Mi
$75,701
Median Household Income
$44,462
Median Earnings
$1,612
Median Rent
$454,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two separate residences include central air, individual utilities, and access to shared basement amenities.
Where is this duplex located?
The property is located at 11 Scudder St Garfield, NJ.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: Two residences, each with 3 bedrooms and 2 bathrooms; 4,150 square feet; built in 1986; Finished walkout basement with summer kitchen, full bath, two rooms, and laundry hookups
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