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Occupied Side-by-Side Duplex
New
For Sale
$749,900

13-15 Haag St, Sayreville, NJ 08872

Each residence has two bedrooms, one-and-a-half baths, central air, and forced-hot-air heating.

Property Size2,304 SF
Price / SF$325.48
Days on Market5

Property Features for 13-15 Haag St

General Information

Standard status Active
Size 2,304 SF
Total Parking Spaces 6
Property subtype Multi-Family

Additional Details

Multifamily Units 2

Building Details

Year Built 1980
Listing Agency: RE/MAX Revolution
Listed By: Curran Group
Source: Currangrp
Added: Oct 2 Changed: Oct 4 Last Checked: Oct 5 at 7:03PM

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 RE/MAX Revolution

Investment Insights

Based on property information with market context.

This 1980 duplex contains two side-by-side residences, both occupied. Each unit has two bedrooms and one-and-a-half bathrooms, along with updated kitchens and flooring. Central air and forced-hot-air heating serve each side, and the HVAC system has a warranty in place.

Rear parking accommodates up to six vehicles. The property is on a residential street in Sayreville, Middlesex County, New Jersey.

Key Highlights

  • Two occupied units in a side‑by‑side duplex
  • Each residence includes 2 bedrooms and 1.5 bathrooms
  • Updated kitchens and flooring in both units

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$38,560
Cap Rate
5.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$771,200 $771.2K
Cap Rate 7%
$550,857 $550.9K
Cap Rate 9%
$428,444 $428.4K
Market Conditions
NOI Build-Up for 2,304 SF
Gross rent
$58.9K $25.56/SF
− Vacancy
−$3.8K −$1.65/SF
EGI
$55.1K $23.91/SF
− OpEx
−$16.5K −$7.17/SF
NOI
$38.6K $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%
$771,200
Cap Rate 7%
$550,857
Cap Rate 9%
$428,444

Alternative Uses

Best Use
Multifamily LT 5
$550.9K
$482.0K – $642.7K (±1% cap)
NOI $38,560 @ 7.0% cap · market cap 5.14%
Second Best
Apartment 5plus
$506.2K
$442.9K – $590.5K (±1% cap)
NOI $35,431 @ 7.0% cap · market cap 4.72%
Theoretical Best
Office A
$601.6K
$526.4K – $701.9K (±1% cap)
NOI $42,113 @ 7.0% cap · market cap 5.62%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Pharmacy Parking Lot & Garage Law Firm Hair Salon Bakery

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

392
Businesses Nearby

Demographics for 08872, NJ

20,351
Population
7,837
Households
2.6
Avg Household Size
39
Median Age
36%
College-Educated
90%
High-School Grad
9.5 sq mi
ZIP Area
2,142
Density / Sq Mi
$97,204
Median Household Income
$50,654
Median Earnings
$1,594
Median Rent
$404,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Duplex - Each residence has two bedrooms, one-and-a-half baths, central air, and forced-hot-air heating.
Where is this duplex located?
The property is located at 13-15 Haag St Sayreville, NJ.
What is the asking price?
The asking price for this property is $749,900.
What are key features of this property?
This property features: Two occupied units in a side‑by‑side duplex; Each residence includes 2 bedrooms and 1.5 bathrooms; Updated kitchens and flooring in both units
More about this property
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