Duplex with
2 Darrow Street, South River, NJ 08882
For Sale
$429,000
Under Contract
Residential Income, South River, NJ
Property Size2,195 SF
Lot Size0.19 Acres
Price / SF$195.44
Days on Market214
Property Features for 2 Darrow Street
General Information
Property type
Property subtype
Bathrooms
Full bathrooms
Rooms
Parking features
Patio and Porch features
Interior features
Exterior features
Appliances
Lot features
Elementary school district
Middle school district
High school district
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Sewer type
Heating system
Cooling system
Water source
Building Details
Year built
Floors in Building
Building materials
Roof type
Listing Agency:
BORAIE REALTY, LLC
(732) 846-3700
Listed By:
Ivan Gutierrez
(732) 841-4496
Added: Apr 10
Changed: Nov 4
Last Checked: Nov 9 at 5:06AM
MLS# 2613744R
Copyright © 2026 All Jersey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This two-unit residential property contains 2,195 square feet in a building constructed in 1950. Exterior features include vinyl siding, an enclosed porch, a deck, and a patio. A garage provides on-site parking, and the property is served by public water and public sewer.
The parcel measures 0.1928 acres. Both units have a kitchen, living room, and bathroom; one includes a dining room, while the other has a bedroom. The property also has radiant and space-heater systems, along with window and wall unit cooling.
The parcel measures 0.1928 acres. Both units have a kitchen, living room, and bathroom; one includes a dining room, while the other has a bedroom. The property also has radiant and space-heater systems, along with window and wall unit cooling.
Key Highlights
- Two‑unit property with 2,195 square feet
- 0.1928‑acre parcel
- Built in 1950
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,736
Cap Rate
8.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$734,720
$734.7K
Cap Rate 7%
$524,800
$524.8K
Cap Rate 9%
$408,178
$408.2K
Market Conditions
NOI Build-Up for 2,195 SF
Gross rent
$56.1K $25.56/SF
− Vacancy
−$3.6K −$1.65/SF
EGI
$52.5K $23.91/SF
− OpEx
−$15.7K −$7.17/SF
NOI
$36.7K $16.74/SF
Area
Middlesex 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%
$734,720
Cap Rate 7%
$524,800
Cap Rate 9%
$408,178
Alternative Uses
Best Use
Multifamily LT 5
$524.8K
$459.2K – $612.3K
NOI $36,736 @ 7.0% cap · market cap 8.56%
Second Best
Apartment 5plus
$482.2K
$421.9K – $562.6K
NOI $33,755 @ 7.0% cap · market cap 7.87%
Theoretical Best
Office A
$573.2K
$501.5K – $668.7K
NOI $40,121 @ 7.0% cap · market cap 9.35%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
965
Businesses Nearby
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Business Placement
Demographics for 08882, NJ
16,118
Population
5,789
Households
2.8
Avg Household Size
39
Median Age
31%
College-Educated
86%
High-School Grad
2.8 sq mi
ZIP Area
5,756
Density / Sq Mi
$101,853
Median Household Income
$51,323
Median Earnings
$1,599
Median Rent
$382,500
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Middlesex County, NJ
Properties on Market for Duplexes in Middlesex County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units share a 2,195-square-foot building with outdoor living areas and public water and sewer service.
Where is this duplex located?
The property is located at 2 Darrow Street South River, NJ.
What is the asking price?
The asking price for this property is $429,000.
What are key features of this property?
This property features: Two‑unit property with 2,195 square feet; 0.1928‑acre parcel; Built in 1950
