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Two-Family Residential Income Property
For Sale
$595,000
Pending

425 New Market Rd 2, Piscataway, NJ 08854

Two large, multi-bedroom units in a duplex offer rental flexibility, though the property requires renovation.

Property SizeContact for details
Days on Market48

Property Features for 425 New Market Rd 2

General Information

Standard status Pending
Property subtype Multi Family

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $8,891

Building Details

Year Built 9999
Units 2
Listing Agency: Coldwell Banker Residential Brokerage
Listed By: ERIN BEN-HAYON · License #1751418
Source: Elliman
Added: Jun 25 Changed: Aug 8 Last Checked: Aug 10 at 4:19AM

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 Coldwell Banker Residential Brokerage

Investment Insights

Based on property information with market context.

This spacious two-family home includes two large units, each with three bedrooms and one full bath. The first-floor layout offers a living room and a formal dining room with flexible space throughout. The second-floor unit features hardwood floors in the bedrooms. The property also includes an expansive backyard suitable for outdoor use and potential future improvements.

The home is located at 425 New Market Rd 2 in Piscataway Township, New Jersey. Walkability and bikeability are moderate while transit scores are also modest, indicating a car-dependent day-to-day experience.

The property is being sold strictly “as is,” with the buyer responsible for obtaining the certificate of occupancy. Sale is subject to court approval. With a clear need for renovation and updating, this duplex may fit buyers looking for a restoration and customization project, or investors seeking to reposition a two-unit income property based on their own scope of work.

Key Highlights

  • Duplex with two large units, each offering 3 bedrooms and 1 full bath
  • First‑floor unit includes living room and formal dining room with a flexible layout
  • Second‑floor unit has hardwood floors throughout the bedrooms

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Auto Parts Store Electrical Service (Bike/Boat/Book/etc) Store Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

360
Businesses Nearby

Demographics for 08854, NJ

60,545
Population
18,069
Households
3.4
Avg Household Size
34
Median Age
50%
College-Educated
92%
High-School Grad
18.9 sq mi
ZIP Area
3,203
Density / Sq Mi
$126,331
Median Household Income
$42,397
Median Earnings
$1,929
Median Rent
$423,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two large, multi-bedroom units in a duplex offer rental flexibility, though the property requires renovation.
Where is this duplex located?
The property is located at 425 New Market Rd 2 Piscataway, NJ.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: Duplex with two large units, each offering 3 bedrooms and 1 full bath; First‑floor unit includes living room and formal dining room with a flexible layout; Second‑floor unit has hardwood floors throughout the bedrooms
More about this property
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