Two-Family Residential Income
146 East 10th Avenue Unit 2 Roselle, NJ 07203
146 East 10th Avenue Unit 2, Roselle, NJ, 07203
$685,000
For Sale
$685,000
Well-maintained two-unit home with driveway parking, a partially finished basement, and outdoor amenities including an above-ground pool and deck.
Property Size1,190 SF
Price / SF$575.63
Days on Market203
Property Features for 146 East 10th Avenue Unit 2
General Information
- Standard status
- Active
- Size
- 1,190 SF
- Property subtype
- Multi Family / 2-Two Story
Building Details
- Year Built
- 1930
Listing agency
COLDWELL BANKER REALTY
(973) 378-8300
Listed by
IONA CLINTON · License #300332
(973) 378-8300
Source
Compass
Added: Dec 31, 2025 Updated: Jul 20 at 6:03PM Checked: Jul 21 at 8:10AM
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 COLDWELL BANKER REALTY
Investment Insights
Based on property information with market context.
This well-maintained two-family home offers two matching units with flexible living and income use. Unit 1 includes two bedrooms, a bright living room, an eat-in kitchen, and a formal dining room. Unit 2 mirrors the first unit’s layout and features a sun porch, plus access to a large third-floor area suited for storage or additional recreational use. The property also includes a spacious, partially finished basement with laundry facilities and a convenient half bath.
The home provides driveway parking and outdoor space designed for year-round enjoyment. Features include a large backyard with an above-ground pool and deck, along with a separate backyard cottage.
The property is being sold as-is, with the seller making no repairs.
The home provides driveway parking and outdoor space designed for year-round enjoyment. Features include a large backyard with an above-ground pool and deck, along with a separate backyard cottage.
The property is being sold as-is, with the seller making no repairs.
Key Highlights
- Two‑family home built in 1930 with vinyl siding and asphalt shingle roof
- Unit 1 has 2 bedrooms, bright living room, eat‑in kitchen, and formal dining room
- Unit 2 mirrors the layout and includes a sun porch plus access to a large 3rd‑floor area for storage or flexible space
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 | $30.4k | $25.56 |
| − Vacancy | −$2.0k | −$1.65 |
| EGI | $28.5k | $23.91 |
| − OpEx | −$8.5k | −$7.17 |
| NOI | $19.9k | $16.74 |
1,190 SF · lease $25.56/SF/yr · vacancy 6.46% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$284.5K
$249.0K – $331.9K
NOI $19,916 @ 7.0% cap · market cap 2.91%
Second Best
Apartment 5plus
$261.4K
$228.8K – $305.0K
NOI $18,300 @ 7.0% cap · market cap 2.67%
Theoretical Best
Office A
$310.7K
$271.9K – $362.5K
NOI $21,751 @ 7.0% cap · market cap 3.18%
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 - Well-maintained two-unit home with driveway parking, a partially finished basement, and outdoor amenities including an above-ground pool and deck.
Where is this duplex located?
The property is located at 146 East 10th Avenue Unit 2 Roselle, NJ.
What is the asking price?
The asking price for this property is $685,000.
What are key features of this property?
This property features: Two‑family home built in 1930 with vinyl siding and asphalt shingle roof; Unit 1 has 2 bedrooms, bright living room, eat‑in kitchen, and formal dining room; Unit 2 mirrors the layout and includes a sun porch plus access to a large 3rd‑floor area for storage or flexible space
