Three-Unit Property with Solar
For Sale
$1,169,000
141 Humboldt St, East Rutherford, NJ 07073
Tenant-occupied three-unit property with central air, laundry hookups, private parking, and a finished basement.
Property Size4,464 SF
Price / SF$261.87
Days on Market50
Property Features for 141 Humboldt St
General Information
Standard status
Active
Size
4,464 SF
Total Parking Spaces
7
Property subtype
Residential Income
Additional Details
Public Transit
Yes
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$13,191
Amenities
central air
washer/dryer hookups
solar panels
large backyard
Listing Agency:
Lifestyle International Realty
(201) 559-5770
Listed By:
Yanela Tejada Rodriguez
(973) 356-2963
Source:
Exprealty
Added: Sep 16
Changed: Oct 26
Last Checked: Nov 3 at 10:46AM
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 Lifestyle International Realty
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Investment Insights
Based on property information with market context.
This three-unit residential income property contains approximately 4,464 square feet, with eight bedrooms and three-and-a-half bathrooms. The primary residence includes four bedrooms and a finished basement, while the upper units each offer two bedrooms and open-concept living areas. Central air serves every unit, and dedicated washer and dryer hookups are provided. Solar panels, a private driveway, and a large backyard add to the property’s physical improvements.
The property is located near the Rutherford NJ Transit station, with access to New York City connections. Major highways, shopping, dining, American Dream, and MetLife Stadium are also identified in the surrounding area. The property is tenant occupied and offered strictly AS IS, with parking for approximately six to seven vehicles.
The property is located near the Rutherford NJ Transit station, with access to New York City connections. Major highways, shopping, dining, American Dream, and MetLife Stadium are also identified in the surrounding area. The property is tenant occupied and offered strictly AS IS, with parking for approximately six to seven vehicles.
Key Highlights
- Three‑unit property with approximately 4,464 square feet
- Eight bedrooms and three‑and‑a‑half bathrooms
- Four‑bedroom main unit with fully finished basement
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$74,710
Cap Rate
6.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,494,200
$1.5M
Cap Rate 7%
$1,067,286
$1.1M
Cap Rate 9%
$830,111
$830.1K
Market Conditions
NOI Build-Up for 4,464 SF
Gross rent
$114.1K $25.56/SF
− Vacancy
−$7.4K −$1.65/SF
EGI
$106.7K $23.91/SF
− OpEx
−$32.0K −$7.17/SF
NOI
$74.7K $16.74/SF
Area
Bergen 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%
$1,494,200
Cap Rate 7%
$1,067,286
Cap Rate 9%
$830,111
Alternative Uses
Best Use
Multifamily LT 5
$1.07M
$933.9K – $1.25M
NOI $74,710 @ 7.0% cap · market cap 6.39%
Second Best
Apartment 5plus
$980.7K
$858.1K – $1.14M
NOI $68,647 @ 7.0% cap · market cap 5.87%
Theoretical Best
Office A
$1.17M
$1.02M – $1.36M
NOI $81,595 @ 7.0% cap · market cap 6.98%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,913
Businesses Nearby
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Business Placement
Demographics for 07073, NJ
10,022
Population
4,325
Households
2.3
Avg Household Size
38
Median Age
45%
College-Educated
88%
High-School Grad
3.7 sq mi
ZIP Area
2,709
Density / Sq Mi
$91,789
Median Household Income
$59,221
Median Earnings
$1,867
Median Rent
$453,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Tenant-occupied three-unit property with central air, laundry hookups, private parking, and a finished basement.
Where is this triplex located?
The property is located at 141 Humboldt St East Rutherford, NJ.
What is the asking price?
The asking price for this property is $1,169,000.
What are key features of this property?
This property features: Three‑unit property with approximately 4,464 square feet; Eight bedrooms and three‑and‑a‑half bathrooms; Four‑bedroom main unit with fully finished basement
