Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Two-Family Home in Commuter-Friendly Bogota Title is generated by Realmo AI

    129 South Street, Bogota, NJ 07603

    View on Map
    Claim this Listing
    New
    For Sale
    $629,000

    2 Family - Bogota, NJ

    Added:
    May 11, 2026
    Days on Market:
    2
    Last Refresh:
    May 12 at 10:06 pm

    Property Features for 129 South Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    4
    Bathrooms
    2
    Rooms
    Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
    Standard status
    Active

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Mary Beth Lane Nappi

    Listing agent Mary Beth Lane Nappi

    Listing office Terrie O'Connor Realtors-Wyckoff 300 G Lake Street, Ramsey, NJ

    Listing date May 11, 2026

    MLS# 26011090 Listing URL

    Copyright © 2026 New Jersey MLS Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Two‑family home offering flexibility for investors, owner‑occupants, or multi‑generational living.
    • Prime location with convenient access to NYC transportation.
    • Separate gas and electric utilities for each unit.
    • New furnace (Feb 2023) with a new oil tank.
    • Vacant first‑floor unit and second‑floor unit becoming vacant June 1, providing immediate flexibility.
    • Long driveway.

    Overview

    This two-family home in Bogota, New Jersey, presents a rare opportunity for investors, owner-occupants, or those seeking a multi-generational living setup. The property features two units, each containing 2 bedrooms and 1 full bath, with separate entrances and a functional layout suitable for various living arrangements. While some updates could further enhance the property, it offers a solid foundation. Additional features include a long driveway, an unfinished basement, and separate gas and electric utilities. A new furnace was installed in February 2023, along with a new oil tank located in the basement. The property is being sold AS IS, offering an opportunity to add value over time in a prime location with convenient access to New York City transportation. The first-floor unit is currently vacant, and the second-floor unit will be vacant starting June 1, providing added flexibility for owner-occupants, investors, or buyers looking to renovate and reposition the property.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Law Firm Dental Office Hair Salon Nail Salon Building Supply Daycare Center Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bogota
    County
    Bergen
    State
    New Jersey
    Longitude
    -74.0313639
    Latitude
    40.8804052

    Nearby Similar for Sale

    • $1,500,000
      1 SF

      Updated Commercial Building on Corner

      Updated commercial building with spray booth on corner lot.
      20 E Fort Lee Rd, Bogota Boro, NJ 07603-1329
      View Details
    • $1,250,000

      Mixed-Use Property in Bergen County

      Mixed-use property with commercial storefront and three residential units.
      265 Queen Anne Rd, Bogota Boro, NJ 07603-1400
      View Details
    • $1,250,000
      5,000 SF

      Mixed-Use Property in Bergen County

      Mixed-use property with commercial storefront and three residential units.
      265 Queen Anne Rd, Bogota Boro, NJ 07603
      View Details
    • $1,180,000

      Prime Warehouse Space in Bogota

      Warehouse on 4,770 sq ft lot with parking.
      229 Shore, Bogota, NJ 07603
      View Details
    • $99,000

      Established Restaurant with Outdoor Dining

      Turnkey Mexican restaurant with indoor/outdoor dining and parking.
      252 Fort Lee, Bogota, NJ 07603
      View Details
    • $759,000

      Mixed-Use Property Near Overpeck Park

      Renovated mixed-use property with retail space, garage, and apartment.
      316 Palisade, Bogota, NJ 07603
      View Details
    • $40,000

      Established Fitness/Yoga Studio for Sale

      Well-established pole dancing, exercise, and yoga studio with two spaces.
      255 Queen Anne, Bogota, NJ 07603
      View Details

    FAQs

    What type of property is this?
    Duplex - Two-family home with strong potential in a prime location.
    Where is this duplex located?
    The property is located at 129 South Street Bogota, NJ.
    What is the asking price?
    The asking price for this property is $629,000.
    What are key features of this property?
    This property features: Two‑family home offering flexibility for investors, owner‑occupants, or multi‑generational living.; Prime location with convenient access to NYC transportation.; Separate gas and electric utilities for each unit.
    (201) 693-7841
    We can help!
    Listing Contact
    Mary Beth Lane Nappi
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    129 South Street, Bogota, NJ 07603
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!