2 Darrow Street, South River, NJ 08882
MULTI_FAMILY - South River, NJ
- Added:
- Apr 10, 2026
- Days on Market:
- 64
- Last Refresh:
- Jun 12 at 5:06 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
Listing agent Ivan Gutierrez (732) 846-3700
Listing office BORAIE REALTY, LLC 257 LIVINGSTON AVENUE, New Brunswick, NJ (732) 846-3700
Listing date Apr 10, 2026
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
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 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- South River
- County
- Middlesex
- State
- New Jersey
- Longitude
- -74.3899941
- Latitude
- 40.4433015
