Two-Unit Duplex with
For Sale
$699,000
209 W Chrystal St Ab, Dover, NJ 07801
Each residence has separate gas, electric, water, and sewer service.
Property Size1,650 SF
Price / SF$423.64
Days on Market112
Property Features for 209 W Chrystal St Ab
General Information
Standard status
Active
Size
1,650 SF
Property subtype
Multi Family
Units
Multifamily Units
2
Individually Metered Utilities
gas, electric, water, sewer
Additional Details
Utilities to Site
Yes
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$9,489
Amenities
3 porches
full basement
backyard
patio
Building Details
Building Size
1,650 SF
Year Built
2026
Buildings
1
Listing Agency:
ELITE REALTORS OF NEW JERSEY
Listed By:
XIANGHUI LOTUS ZHANG
(973) 994-9009
Source:
Thedoughertygrouprealestate
Added: Jul 13
Changed: Nov 1
Last Checked: Nov 1 at 1:48AM
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 ELITE REALTORS OF NEW JERSEY
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This two-family duplex contains 1,650 square feet across two residences. One unit has been renovated, while the other is occupied by a long-term tenant. Each residence has separate gas, electric, water, and sewer service. The property also includes three porches, a two-car garage, driveway parking, and a full basement with storage and potential for laundry. A backyard and patio provide additional outdoor space.
Located at 209 W Chrystal St in Dover Town, New Jersey, the property was built in 2026.
Located at 209 W Chrystal St in Dover Town, New Jersey, the property was built in 2026.
Key Highlights
- Two‑family duplex with 1,650 square feet
- One unit renovated; the other has a long‑term tenant
- Separate gas, electric, water, and sewer service for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,615
Cap Rate
3.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$552,300
$552.3K
Cap Rate 7%
$394,500
$394.5K
Cap Rate 9%
$306,833
$306.8K
Market Conditions
NOI Build-Up for 1,650 SF
Gross rent
$42.2K $25.56/SF
− Vacancy
−$2.7K −$1.65/SF
EGI
$39.4K $23.91/SF
− OpEx
−$11.8K −$7.17/SF
NOI
$27.6K $16.74/SF
Area
Morris 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%
$552,300
Cap Rate 7%
$394,500
Cap Rate 9%
$306,833
Alternative Uses
Best Use
Multifamily LT 5
$394.5K
$345.2K – $460.3K
NOI $27,615 @ 7.0% cap · market cap 3.95%
Second Best
Apartment 5plus
$362.5K
$317.2K – $422.9K
NOI $25,374 @ 7.0% cap · market cap 3.63%
Theoretical Best
Office A
$430.8K
$377.0K – $502.7K
NOI $30,159 @ 7.0% cap · market cap 4.31%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
265
Businesses Nearby
Explore this area
Business Placement
Demographics for 07801, NJ
25,935
Population
9,442
Households
2.7
Avg Household Size
38
Median Age
22%
College-Educated
81%
High-School Grad
13.0 sq mi
ZIP Area
1,995
Density / Sq Mi
$78,053
Median Household Income
$37,316
Median Earnings
$1,747
Median Rent
$369,400
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence has separate gas, electric, water, and sewer service.
Where is this duplex located?
The property is located at 209 W Chrystal St Ab Dover, NJ.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Two‑family duplex with 1,650 square feet; One unit renovated; the other has a long‑term tenant; Separate gas, electric, water, and sewer service for each unit
