Duplex with Off-Street
For Sale
$950,000
126 ARLINGTON AVE JC, Jersey City, NJ 07305
Two residential units offer updated kitchens, private outdoor areas, central A/C, and flexible owner-occupant or rental use.
Property Size4,200 SF
Price / SF$226.19
Days on Market245
Property Features for 126 ARLINGTON AVE JC
General Information
Standard status
Active
Size
4,200 SF
Total Parking Spaces
2
Property subtype
Multi-Family
Units
Unit Mix
1 x 3BR/1BA, 1 x 4BR/2BA
Multifamily Units
2
Additional Details
Public Transit
Yes
Amenities
hardwood floors
contemporary lighting
central A/C
in-unit washer/dryers
abundant closet space
A/C Central
Gas
Building Details
Buildings
1
Listing Agency:
Keller Williams City Life Realty
Listed By:
Frank Darden Moorefield · License #1324878
(201) 680-0559
Source:
Kw
Added: Mar 7
Changed: Nov 5
Last Checked: Nov 4 at 3:58PM
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 Keller Williams City Life Realty
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Investment Insights
Based on property information with market context.
This two-family property contains approximately 4,200 square feet across two residences. The first unit provides three bedrooms, one bathroom, a kitchen with updated cabinetry and stainless steel appliances, generous living and dining areas, storage, a deck, and a private backyard. The second residence occupies the upper two floors with four bedrooms and two bathrooms, including an updated kitchen, open common areas, a private terrace, and a primary suite with an en suite bathroom and walk-in closet. The upper level also has a lockout configuration that supports short-term rental use.
Hardwood flooring, contemporary lighting, central A/C, in-unit washer/dryers, and abundant closet space are found throughout the building. Two off-street parking spots are included. The property is near the Garfield Ave. and MLK Dr. Light Rail stations, with Jackson Square, the City Hall Annex, Extra Supermarket, and Berry Lane Park within a short walk.
Hardwood flooring, contemporary lighting, central A/C, in-unit washer/dryers, and abundant closet space are found throughout the building. Two off-street parking spots are included. The property is near the Garfield Ave. and MLK Dr. Light Rail stations, with Jackson Square, the City Hall Annex, Extra Supermarket, and Berry Lane Park within a short walk.
Key Highlights
- Approximately 4,200 sq. ft. across two residential units
- Unit 1 includes 3 bedrooms, 1 bathroom, a deck, and private backyard
- Unit 2 offers 4 bedrooms and 2 bathrooms across the top two floors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$85,502
Cap Rate
9.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,710,040
$1.7M
Cap Rate 7%
$1,221,457
$1.2M
Cap Rate 9%
$950,022
$950.0K
Market Conditions
NOI Build-Up for 4,200 SF
Gross rent
$163.3K $38.88/SF
− Vacancy
−$7.8K −$1.87/SF
EGI
$155.5K $37.01/SF
− OpEx
−$70.0K −$16.66/SF
NOI
$85.5K $20.36/SF
Area
Jersey City, NJ
Vacancy
4.80%
Lease Rate
$38.88 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,710,040
Cap Rate 7%
$1,221,457
Cap Rate 9%
$950,022
Alternative Uses
Best Use
Multifamily LT 5
$1.36M
$1.19M – $1.59M
NOI $95,320 @ 7.0% cap · market cap 10.03%
Second Best
Apartment 5plus
$1.22M
$1.07M – $1.43M
NOI $85,502 @ 7.0% cap · market cap 9.00%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,515
Businesses Nearby
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Business Placement
Demographics for 07305, NJ
67,947
Population
28,297
Households
2.4
Avg Household Size
36
Median Age
35%
College-Educated
88%
High-School Grad
5.7 sq mi
ZIP Area
11,921
Density / Sq Mi
$77,126
Median Household Income
$47,822
Median Earnings
$1,610
Median Rent
$418,200
Median Home Value
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Market
Properties on Market for Duplexes in Jersey City
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units offer updated kitchens, private outdoor areas, central A/C, and flexible owner-occupant or rental use.
Where is this duplex located?
The property is located at 126 ARLINGTON AVE JC Jersey City, NJ.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Approximately 4,200 sq. ft. across two residential units; Unit 1 includes 3 bedrooms, 1 bathroom, a deck, and private backyard; Unit 2 offers 4 bedrooms and 2 bathrooms across the top two floors
