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    South River Two-Family Property Title is generated by Realmo AI

    2 Darrow Street, South River, NJ 08882

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    Claim this Listing
    For Sale
    Under Contract
    $429,000

    MULTI_FAMILY - South River, NJ

    Property size:
    2,195 SF
    Lot size:
    0.19 Acres
    Price / SF:
    $195/SF
    Added:
    Apr 10, 2026
    Days on Market:
    64
    Last Refresh:
    Jun 12 at 6:06 am

    Property Features for 2 Darrow Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bathrooms
    2
    Rooms
    Bathroom 1, Bathroom 2, Basement, Dining Room
    Parking features
    Garage, On Street
    Patio and Porch features
    Patio, Porch, Deck
    Interior features
    Unit 1(1 Bedroom, Kitchen, 1 Bath, Living Room), Unit 2(Dining Room, 2 Bedrooms, Kitchen, 1 Bath, Living Room)
    Exterior features
    Patio, Porch(es) - Enclosed, Deck
    Appliances
    Water Heater(Oil, See Remarks), Water Heater, Unit 1(Dryer, Refrigerator, Washer)
    Standard status
    Active Under Contract
    APN
    23001250100048
    Size
    2,195 SF
    Lot size
    0.19 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    6800

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Radiant, Space Heater, Central
    Cooling system
    Wall Unit(s), Window Unit(s)
    Water source
    Public

    Building Details

    Year built
    1950
    Floors in Building
    2
    Building materials
    Vinyl Siding
    Roof type
    Asphalt

    We can help!

    Listing Contact
    Ivan Gutierrez

    Listing agent Ivan Gutierrez

    Listing office BORAIE REALTY, LLC 257 LIVINGSTON AVENUE, New Brunswick, NJ

    Listing date Apr 10, 2026

    MLS# 2613744R Listing URL

    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.

    HighLights

    • Unique 2‑family home with 4+ bedrooms and 2 baths, plus a garage
    • Unit 1 features 1 bedroom, kitchen, 1 bath, and a living room
    • Unit 2 features 2 bedrooms, kitchen, 1 bath, a dining room, and a large living room
    • Basement includes a kitchen, bedroom, bath, and laundry room
    • Outdoor features include a deck, patio, and enclosed porch
    • Utilities include public water and public sewer; roof is asphalt and exterior is vinyl siding

    Overview

    This two-family property in South River, NJ, offers a unique investment opportunity. The first floor features a living room, dining room, eat-in kitchen, and a Florida room that could serve as a master bedroom with a sitting room. The basement includes a kitchen, bedroom, bathroom, and laundry room. The second floor contains an eat-in kitchen, two bedrooms, a large living room, a deck, and a patio. The property, situated on a 0.1928-acre lot, has a total area of 2195 square feet. Hardwood flooring is present under the carpets. The home requires some TLC, presenting a great opportunity for renovation or customization.

    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 $56.1k $25.56
    − Vacancy −$3.6k −$1.65
    EGI $52.5k $23.91
    − OpEx −$15.7k −$7.17
    NOI $36.7k $16.74
    2,195 SF · lease $25.56/SF/yr · vacancy 6.46% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $524.8K
    $459.2K – $612.3K (±1% cap)
    NOI $36,736 @ 7.0% cap · market cap 8.56%
    Second Best
    Apartment 5plus
    $482.2K
    $421.9K – $562.6K (±1% cap)
    NOI $33,755 @ 7.0% cap · market cap 7.87%
    Theoretical Best
    Office A
    $573.2K
    $501.5K – $668.7K (±1% cap)
    NOI $40,121 @ 7.0% cap · market cap 9.35%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Building Supply Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    South River
    County
    Middlesex
    State
    New Jersey
    Longitude
    -74.3899941
    Latitude
    40.4433015

    FAQs

    What type of property is this?
    Duplex - Two-family property in South River with potential.
    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: Unique 2‑family home with 4+ bedrooms and 2 baths, plus a garage; Unit 1 features 1 bedroom, kitchen, 1 bath, and a living room; Unit 2 features 2 bedrooms, kitchen, 1 bath, a dining room, and a large living room
    More about this property
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