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 Market192
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: Sep 14
Last Checked: Sep 14 at 12:54PM
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
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 = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$85,502
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
9.00%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
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.
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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,515
Businesses Nearby
Explore this area
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
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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
