Two-Family Residential Income
164 Page St Elmwood Park, NJ 07407
For Sale
$950,000
Pending
MULTI_FAMILY - Elmwood Park Boro, NJ
Property Size3,451 SF
Lot Size0.09 Acres
Days on Market47
Property Features for 164 Page St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 3
- Rooms
- Bedroom 4, Bedroom 6, Bedroom 1, Bedroom 5, Bedroom 2, Bathroom 1, Bathroom 3, Bathroom 2, Bedroom 3
- Parking
- 2
- Security features
- Security System
- Patio and Porch features
- Patio
- Interior features
- Blinds, Carpeting, Intercom, Security System, Skylight, Window Treatments, Wood Floors
- Exterior features
- Barbeque, Curbs, Gazebo, MetalFnc, Patio, PoolAbov, Sidewalk, Storage
- Standard status
- Pending
- Lot size
- 0.09 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 14793
Utilities
- Heating system
- Hot Water(Heating), Baseboard
- Cooling system
- Ceiling Fan(s), Central Air, Ductless
- Water source
- Public
Building Details
- Year built
- 1970
- Floors in Building
- 2
- Number of units
- 2
- Roof type
- Composition
- Architectural style
- Other
- Additional Structures
- Gazebo, Storage
Listing Agency:
REAL
(855) 450-0442
Listed By:
STACIA BRUNDA
Added: Jun 10
Changed: Jul 23
Last Checked: Jul 26 at 10:06AM
MLS# 4033743
Copyright © 2026 Garden State MLS, LLC. 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 two-family residential income property offers a duplicate layout in each unit, with entry access from its own hallway into a living room and kitchen. Each unit includes a large living room, dining room, modern eat-in kitchen, three bedrooms, and a full bath. The second unit has a skylight in the bathroom and attic access. The ground level provides additional living space with a large recreation/family room, sliders to the backyard, and a powder room, kitchenette, laundry room with a washer/dryer for each unit, utility room, and access into the two-car garage.
Additional features include baseboard gas heating in each unit and separate utilities. Unit 1 has wall A/C units, while Unit 2 has both central A/C and wall A/C units, plus a ground-level mini A/C split system. The fenced property includes a two-car garage, a driveway for two vehicles, and a backyard with a patio and gazebo, as well as an above-ground saltwater pool.
Additional features include baseboard gas heating in each unit and separate utilities. Unit 1 has wall A/C units, while Unit 2 has both central A/C and wall A/C units, plus a ground-level mini A/C split system. The fenced property includes a two-car garage, a driveway for two vehicles, and a backyard with a patio and gazebo, as well as an above-ground saltwater pool.
Key Highlights
- Two‑family home built in 1970 with 3 bedrooms in each unit and a duplicate layout
- Total area 3,451 sq ft (per tax records); each unit has entry to its own living room and kitchen from a private hallway
- Ground floor adds a recreation/family room with sliders to the backyard, plus a powder room, kitchenette, laundry area, utility room, and access to the 2‑car garage
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 | $88.2k | $25.56 |
| − Vacancy | −$5.7k | −$1.65 |
| EGI | $82.5k | $23.91 |
| − OpEx | −$24.8k | −$7.17 |
| NOI | $57.8k | $16.74 |
3,451 SF · lease $25.56/SF/yr · vacancy 6.46% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$825.1K
$722.0K – $962.6K
NOI $57,757 @ 7.0% cap · market cap 6.08%
Second Best
Apartment 5plus
$758.1K
$663.4K – $884.5K
NOI $53,069 @ 7.0% cap · market cap 5.59%
Theoretical Best
Office A
$901.1K
$788.5K – $1.05M
NOI $63,079 @ 7.0% cap · market cap 6.64%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Two-unit home features duplicate layouts, separate utilities, and a ground-level recreation/family room with access to the backyard.
Where is this duplex located?
The property is located at 164 Page St Elmwood Park, NJ.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Two‑family home built in 1970 with 3 bedrooms in each unit and a duplicate layout; Total area 3,451 sq ft (per tax records); each unit has entry to its own living room and kitchen from a private hallway; Ground floor adds a recreation/family room with sliders to the backyard, plus a powder room, kitchenette, laundry area, utility room, and access to the 2‑car garage
