Duplex with Two-Car
For Sale
$800,000
154 Ames Street, Hackensack, NJ 07601
2-4 Family, Hackensack, NJ
Property Size3,496 SF
Price / SF$228.83
Days on Market9
Property Features for 154 Ames Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 1, Bedroom 4, Bedroom 6, Bathroom 2, Basement, Bathroom 3, Bathroom 1, Bathroom 4, Bedroom 2, Bedroom 3, Bedroom 5
Subdivision
Hackensack
Standard status
Active
Utilities
Cooling system
Ductless, Central Air
Amenities
fireplace
four-season room
paver patio
Listing Agency:
RE/MAX SELECT - Oakland · RE/MAX International
(201) 337-5555
Listed By:
Robert Lyszczarz
(908) 233-9292
Added: Sep 17
Changed: Sep 24
Last Checked: Sep 25 at 1:06AM
MLS# 26035462
Copyright © 2026 New Jersey MLS Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 3,496-square-foot duplex includes two distinct residential units, a two-car garage, and parking for four additional vehicles. Unit A is owner occupied and features four bedrooms, three full bathrooms, a living room with fireplace, a four-season room, dining space, and an eat-in kitchen. Its ground level adds a second kitchen, living and dining areas, and bonus rooms. Unit B is vacant and contains two bedrooms, one full bathroom, and a kitchen.
Outdoor features include a paver patio at the front of the property. The residence is located in Hackensack near highways and transportation, providing access to regional travel connections. The two-unit layout combines an occupied primary residence with a separate vacant unit.
Outdoor features include a paver patio at the front of the property. The residence is located in Hackensack near highways and transportation, providing access to regional travel connections. The two-unit layout combines an occupied primary residence with a separate vacant unit.
Key Highlights
- 3,496‑square‑foot duplex with two residential units
- Unit A includes 4 bedrooms and 3 full bathrooms
- Vacant Unit B has 2 bedrooms, a kitchen, and 1 full bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$58,510
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.31%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,170,200
$1.2M
Cap Rate 7%
$835,857
$835.9K
Cap Rate 9%
$650,111
$650.1K
Market Conditions
NOI Build-Up for 3,496 SF
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.
Gross rent
$89.4K $25.56/SF
− Vacancy
−$5.8K −$1.65/SF
EGI
$83.6K $23.91/SF
− OpEx
−$25.1K −$7.17/SF
NOI
$58.5K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,170,200
Cap Rate 7%
$835,857
Cap Rate 9%
$650,111
Alternative Uses
Best Use
Multifamily LT 5
$835.9K
$731.4K – $975.2K
NOI $58,510 @ 7.0% cap · market cap 7.31%
Second Best
Apartment 5plus
$768.0K
$672.0K – $896.0K
NOI $53,761 @ 7.0% cap · market cap 6.72%
Theoretical Best
Office A
$912.9K
$798.8K – $1.07M
NOI $63,901 @ 7.0% cap · market cap 7.99%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
3,267
Businesses Nearby
Explore this area
Business Placement
Demographics for 07601, NJ
46,030
Population
21,405
Households
2.2
Avg Household Size
40
Median Age
42%
College-Educated
87%
High-School Grad
4.2 sq mi
ZIP Area
10,960
Density / Sq Mi
$82,212
Median Household Income
$50,265
Median Earnings
$1,794
Median Rent
$370,300
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - The vacant second unit has two bedrooms, a kitchen, and a full bath.
Where is this duplex located?
The property is located at 154 Ames Street Hackensack, NJ.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: 3,496‑square‑foot duplex with two residential units; Unit A includes 4 bedrooms and 3 full bathrooms; Vacant Unit B has 2 bedrooms, a kitchen, and 1 full bathroom
