Mother-Daughter Duplex
191 East James Place Iselin, NJ 08830
191 East James Place, Iselin, NJ, 08830
$750,000
For Sale
$750,000
Duplex-style income property featuring a mother-daughter setup near major highways and a nearby train station.
Property Size2,715 SF
Price / SF$276.24
Days on Market94
Property Features for 191 East James Place
General Information
- Standard status
- Active
- Size
- 2,715 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1973
Listing agency
For sale by owner, please contact
Listed by
Fizber
Source
Compass
Added: Apr 20 Updated: Jul 21 at 8:55AM Checked: Jul 21 at 8:55AM
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 For sale by owner, please contact
Investment Insights
Based on property information with market context.
This duplex-style income property is arranged as a mother-daughter home. The offering is listed for sale at 191 East James Place in Iselin, New Jersey.
Public remarks note convenient access to a nearby train station and major highways including GSP, along with nearby market options. The configuration supports use as a residential income property within the duplex framework.
For prospective tenants, buyers, or brokers evaluating layout and live-in/income options, the key attribute called out in the remarks is the mother-daughter setup within the duplex format, alongside the transportation and highway connectivity described for the area.
Public remarks note convenient access to a nearby train station and major highways including GSP, along with nearby market options. The configuration supports use as a residential income property within the duplex framework.
For prospective tenants, buyers, or brokers evaluating layout and live-in/income options, the key attribute called out in the remarks is the mother-daughter setup within the duplex format, alongside the transportation and highway connectivity described for the area.
Key Highlights
- Duplex‑style income property with a mother‑daughter setup
- 4 bedrooms and 2 full bathrooms plus 1 half bathroom
- Built in 1973
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 | $69.4k | $25.56 |
| − Vacancy | −$4.5k | −$1.65 |
| EGI | $64.9k | $23.91 |
| − OpEx | −$19.5k | −$7.17 |
| NOI | $45.4k | $16.74 |
2,715 SF · lease $25.56/SF/yr · vacancy 6.46% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$649.1K
$568.0K – $757.3K
NOI $45,439 @ 7.0% cap · market cap 6.06%
Second Best
Apartment 5plus
$596.4K
$521.9K – $695.9K
NOI $41,751 @ 7.0% cap · market cap 5.57%
Theoretical Best
Office A
$708.9K
$620.3K – $827.1K
NOI $49,626 @ 7.0% cap · market cap 6.62%
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-style income property featuring a mother-daughter setup near major highways and a nearby train station.
Where is this duplex located?
The property is located at 191 East James Place Iselin, NJ.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Duplex‑style income property with a mother‑daughter setup; 4 bedrooms and 2 full bathrooms plus 1 half bathroom; Built in 1973
