Two-Unit Duplex with Finished
For Sale
Under Contract
$475,000
12 Liberty Street, Fords, NJ 08863
Residential Income, Fords, NJ
Property Size1,684 SF
Lot Size0.16 Acres
Price / SF$282.07
Days on Market1702
Property Features for 12 Liberty Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R-10
Zoning description
Buyer Should Verify
Rooms
Basement
Window features
Screens
Patio and Porch features
Porch, Deck
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)
Subdivision
Liberty Estates
Lot features
Near Shopping, Corner Lot, Near Public Transit
Elementary school district
Woodbridge Township Sd
Middle school district
Woodbridge Township Sd
High school district
Woodbridge Township Sd
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
Amenities
finished basement
yard
Building Details
Year built
1949
Floors in Building
2
Building materials
Brick, Vinyl Siding
Roof type
Slate
Additional Structures
Storage
Listing Agency:
CENTURY 21 MAIN STREET REALTY
(732) 750-4663
Listed By:
Joseph Cimilluca
(908) 930-5555
Added: Feb 7, 2022
Changed: Sep 17
Last Checked: Oct 6 at 8:06PM
MLS# 2209391R
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.
Investment Insights
Based on property information with market context.
This two-unit duplex contains 1,684 square feet and was built in 1949. The first-floor residence offers three bedrooms, a kitchen, living room, laundry hookup, and 2+ baths; the second-floor residence includes two bedrooms, a kitchen, and living room. A finished full basement serves as common area space. Brick and vinyl siding, slate roofing, baseboard and hot-water heating, and public water and sewer complete the property.\n\nThe 0.1556-acre parcel occupies a corner lot at 12 Liberty Street in Fords, New Jersey. Exterior features include a porch, deck, screened and storm components, storage shed, curbs, and a yard. The property is zoned R-10 and is located near shopping and mass transit.
Key Highlights
- Two‑unit duplex with a 3‑bedroom first‑floor residence and 2‑bedroom second‑floor residence
- 1,684 square feet on a 0.1556‑acre corner lot
- Finished full basement configured as common area space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,184
Cap Rate
5.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$563,680
$563.7K
Cap Rate 7%
$402,629
$402.6K
Cap Rate 9%
$313,156
$313.2K
Market Conditions
NOI Build-Up for 1,684 SF
Gross rent
$43.0K $25.56/SF
− Vacancy
−$2.8K −$1.65/SF
EGI
$40.3K $23.91/SF
− OpEx
−$12.1K −$7.17/SF
NOI
$28.2K $16.74/SF
Area
Middlesex 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%
$563,680
Cap Rate 7%
$402,629
Cap Rate 9%
$313,156
Alternative Uses
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 authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
685
Businesses Nearby
Explore this area
Business Placement
Demographics for 08863, NJ
12,939
Population
4,770
Households
2.7
Avg Household Size
40
Median Age
39%
College-Educated
91%
High-School Grad
1.7 sq mi
ZIP Area
7,611
Density / Sq Mi
$116,250
Median Household Income
$61,018
Median Earnings
$1,976
Median Rent
$414,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Brick-and-vinyl duplex with separate kitchens, outdoor space, and access to shopping and mass transit.
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: Two‑unit duplex with a 3‑bedroom first‑floor residence and 2‑bedroom second‑floor residence; 1,684 square feet on a 0.1556‑acre corner lot; Finished full basement configured as common area space
