Two-Unit Duplex
14 Story Street New Egypt, NJ 08533
14 Story Street, New Egypt, NJ, 08533
$375,000
Pending
For Sale
$375,000
Pending
Duplex with two 2-bedroom, 1-bath apartments and spacious floor plans in New Egypt, NJ.
Property Size1,300 SF
Days on Market28
Property Features for 14 Story Street
General Information
- Standard status
- Pending
- Size
- 1,300 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1960
Listing agency
Smires & Associates
(609) 865-1801
Listed by
James Traynham · License #1327427
(609) 865-1801
Source
Compass
Added: Jun 25 Updated: Jul 21 at 9:37AM Checked: Jul 21 at 9:37AM
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 Smires & Associates
Investment Insights
Based on property information with market context.
This duplex features two separate residential units, each offering 2 bedrooms and 1 bathroom. The property includes spacious floor plans designed for comfortable living, with bright interior spaces and bedrooms sized for everyday use.
Located in New Egypt, NJ, the home is described as being conveniently close to local amenities, parks, schools, and commuter routes, supporting practical day-to-day access.
As a residential income property, it presents an opportunity for buyers seeking either an investor-oriented setup or an owner-occupant arrangement with additional rental income. A private tour can help confirm layout details and unit finishes in person.
Located in New Egypt, NJ, the home is described as being conveniently close to local amenities, parks, schools, and commuter routes, supporting practical day-to-day access.
As a residential income property, it presents an opportunity for buyers seeking either an investor-oriented setup or an owner-occupant arrangement with additional rental income. A private tour can help confirm layout details and unit finishes in person.
Key Highlights
- Duplex in New Egypt, NJ with two 2‑bedroom, 1‑bath apartments
- 2‑bedroom units with spacious floor plans
- Year built: 1960
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $33.2k | $25.56 |
| − Vacancy | −$2.1k | −$1.65 |
| EGI | $31.1k | $23.91 |
| − OpEx | −$9.3k | −$7.17 |
| NOI | $21.8k | $16.74 |
1,300 SF · lease $25.56/SF/yr · vacancy 6.46% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$310.8K
$272.0K – $362.6K
NOI $21,757 @ 7.0% cap · market cap 5.80%
Second Best
Apartment 5plus
$285.6K
$249.9K – $333.2K
NOI $19,991 @ 7.0% cap · market cap 5.33%
Theoretical Best
Office A
$339.5K
$297.0K – $396.0K
NOI $23,762 @ 7.0% cap · market cap 6.34%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Duplex with two 2-bedroom, 1-bath apartments and spacious floor plans in New Egypt, NJ.
Where is this duplex located?
The property is located at 14 Story Street New Egypt, NJ.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Duplex in New Egypt, NJ with two 2‑bedroom, 1‑bath apartments; 2‑bedroom units with spacious floor plans; Year built: 1960
