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Multifamily Property with Garage
For Sale
$569,000

1310 E Henry St, Linden, NJ 07036

Private outdoor space, a long driveway, and a rear garage complement this residential income property.

Property Size1,231 SF
Price / SF$462.23
Days on Market24

Property Features for 1310 E Henry St

General Information

Standard status Active
Size 1,231 SF
Total Parking Spaces 3
Property subtype Multi Family Home

Site & Location

Highway Access Yes
Road Access Yes
Public Transit Yes

Amenities

Deck

Building Details

Building Size 1,231 SF
Year Built 1928
Units 2
Listing Agency: Vylla Home
Listed By: Jorge Avila · License #399532
Source: Culturaunitedrealty
Added: Oct 2 Changed: Oct 24 Last Checked: Oct 23 at 3:45PM

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 Vylla Home

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Investment Insights

Based on property information with market context.

This residential income property in Linden offers 1,231 square feet of living area, a functional interior layout, and natural light. A long driveway leads to a large garage at the rear, and the property includes private outdoor space. Built in 1928, it is being sold strictly as-is.

The home is on a residential street with access to major highways and public transportation. Shopping, schools, and parks are nearby, and the location provides access to New York City and surrounding areas.

Key Highlights

  • 1,231 square feet of living area
  • Built in 1928
  • Long driveway leading to a large rear garage

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$18,930
Cap Rate
3.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$378,600 $378.6K
Cap Rate 7%
$270,429 $270.4K
Cap Rate 9%
$210,333 $210.3K
Market Conditions
NOI Build-Up for 1,231 SF
Gross rent
$36.9K $30.00/SF
− Vacancy
−$2.5K −$2.04/SF
EGI
$34.4K $27.96/SF
− OpEx
−$15.5K −$12.58/SF
NOI
$18.9K $15.38/SF
Area
Union County, NJ
Vacancy
6.80%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$378,600
Cap Rate 7%
$270,429
Cap Rate 9%
$210,333

Alternative Uses

Best Use
Apartment 5plus
$270.4K
$236.6K – $315.5K (±1% cap)
NOI $18,930 @ 7.0% cap · market cap 3.33%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$321.4K
$281.3K – $375.0K (±1% cap)
NOI $22,501 @ 7.0% cap · market cap 3.95%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

831
Businesses Nearby

Demographics for 07036, NJ

45,161
Population
16,911
Households
2.7
Avg Household Size
40
Median Age
23%
College-Educated
85%
High-School Grad
10.9 sq mi
ZIP Area
4,143
Density / Sq Mi
$89,942
Median Household Income
$46,736
Median Earnings
$1,622
Median Rent
$385,100
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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - Private outdoor space, a long driveway, and a rear garage complement this residential income property.
Where is this multifamily property located?
The property is located at 1310 E Henry St Linden, NJ.
What is the asking price?
The asking price for this property is $569,000.
What are key features of this property?
This property features: 1,231 square feet of living area; Built in 1928; Long driveway leading to a large rear garage
More about this property
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