Fords Multifamily Property For
12 Liberty Street, Fords, NJ 08863
- Added:
- Feb 7, 2022
- Days on Market:
- 1558
- Last Refresh:
- May 15 at 8:06 pm
Property Features for 12 Liberty Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R-10
- Rooms
- Basement
- Window features
- Screens
- Patio and Porch features
- Deck, Porch
- Interior features
- Unit 1(3 Bedrooms, Kitchen, Laundry Hookup, Living Room, 2+ Baths), Unit 2(2 Bedrooms, Kitchen, Living Room)
- Exterior features
- Curbs, Deck, Storage Shed, Yard, Porch, Screens/Storms
- Appliances
- Water Heater(Gas), Water Heater, Unit 1(Range/Oven, Refrigerator, Washer)
- Standard status
- Active Under Contract
- APN
- 2500013020002001
- Size
- 1,684 SF
- Lot size
- 0.16 Acres
Taxes and HOA fees
- Tax Year
- 2021
- Tax Annual Amount
- 11405
Utilities
- Sewer type
- Public Sewer
- Heating system
- Hot Water(Heating), Baseboard
- Water source
- Public
Building Details
- Year built
- 1949
- Floors in Building
- 2
- Building materials
- Brick, Vinyl Siding
- Roof type
- Slate
- Additional Structures
- Storage
Listing agent Joseph Cimilluca (732) 527-7201
Listing office CENTURY 21 MAIN STREET REALTY 239 MAIN STREET, Woodbridge, NJ (732) 750-4663
Listing date Feb 7, 2022
MLS# 2209391R
Listing URL
Copyright © 2026 All Jersey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Large 2‑family home ideal for owner‑occupancy or investment.
- Finished full basement provides additional living space.
- Convenient location near shopping and mass transit.
- Spacious yard and corner lot offer outdoor enjoyment.
- Well‑maintained brick and vinyl exterior.
- Unit 1 features 3 bedrooms and 2+ baths.
Overview
This multifamily property, located in Fords, New Jersey, features two units. The first floor unit includes three bedrooms, while the second floor unit offers two bedrooms. A finished full basement provides a common area for residents. The property is situated on a corner lot of 0.1556 acres and includes a large yard. Constructed with brick and vinyl, the building is well-maintained. The property is conveniently located near shopping and mass transit. The total building size is 1684 square feet. The zoning is R-10.
Financial Insights
Value Estimation Calculated for Multifamily LT 5
Conservative
$313.2K
NOI $28,184 @ 9.00% cap · cautious / downside scenario
Moderate
$402.6K
NOI $28,184 @ 7.00% cap · market / base-case scenario
Aggressive
$563.7K
NOI $28,184 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Multifamily LT 5
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $43.0k | $25.56 |
| − Vacancy | −$2.8k | −$1.65 |
| EGI | $40.3k | $23.91 |
| − OpEx | −$12.1k | −$7.17 |
| NOI | $28.2k | $16.74 |
1,684 SF · lease $25.56/SF/yr · vacancy 6.46% · expense 30.00%
Alternative Use Scenarios
Best Use
Multifamily LT 5
$402.6K
$352.3K – $469.7K
NOI $28,184 @ 7.0% cap · market cap 5.93%
Second Best
Apartment 5plus
$370.0K
$323.7K – $431.6K
NOI $25,897 @ 7.0% cap · market cap 5.45%
Theoretical Best
Office A
$439.7K
$384.8K – $513.0K
NOI $30,781 @ 7.0% cap · market cap 6.48%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Fords
- County
- Middlesex
- State
- New Jersey
- Longitude
- -74.3039608
- Latitude
- 40.5264109
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Two-family property with finished basement, large yard, and convenient location.
Where is this duplex located?
The property is located at 12 Liberty Street Fords, NJ.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Large 2‑family home ideal for owner‑occupancy or investment.; Finished full basement provides additional living space.; Convenient location near shopping and mass transit.
