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Two-Family Home with Fenced Yard

214 4th Street, Hazlet, NJ 07730

For Sale
$575,000

Multi-Family, Hazlet, NJ

Property Size1,927 SF
Lot Size0.11 Acres
Price / SF$298.39
Days on Market49

Property Features for 214 4th Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning description Multi-Family
Bedrooms 4
Bathrooms 2
Full bathrooms 4
Rooms Bedroom 4, Bedroom 2, Bedroom 1, Bathroom 1, Bathroom 3, Bedroom 3, Bathroom 2, Bathroom 4
Parking 3
Parking features On Street, Off Street, Paved or Surfaced
Patio and Porch features Patio
Interior features Attic
Fencing Fenced
Fireplace 1
Basement Crawl Space
Elementary school Cove Road
Middle school Hazlet Middle
High school Raritan
Directions Route 36 to Laurel Ave to fourth St.
Standard status Active
APN 18-00011-0000-00006
Size 1,927 SF
Lot size 0.11 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 7912

Utilities

Sewer type Public Sewer
Heating system Forced Air
Cooling system Multi Units
Water source Public

Amenities

fenced yard

Building Details

Year built 1933
Floors in Building 2
Number of units 2
Flooring type Laminate
Building materials Cedar Shake, Brick
Roof type Shingle
Listing Agency: RE/MAX First Class
Listed By: Susan Farrant · License NJ #0017745
Added: Sep 25 Changed: Nov 8 Last Checked: Nov 12 at 9:06AM
MLS# 22630485

Copyright © 2026 More MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This two-family property contains 1,927 square feet, with a three-bedroom residence on the lower level and a two-bedroom residence above. Both units have been remodeled, and the home includes an attic, patio, and fenced yard. The 0.11-acre lot also accommodates off-street and on-street parking.

A bus stop serving New York City is at the corner, and the beach is a short distance away. The property is also near the Henry Hudson Trail and shopping. Built in 1933, it has cedar shake and brick exterior materials, forced-air heat, and public water and sewer.

Key Highlights

  • Two‑family property with 1,927 square feet
  • Lower residence has 3 bedrooms; upper residence has 2
  • Both units have been remodeled

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$32,251
Cap Rate
5.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$645,020 $645.0K
Cap Rate 7%
$460,729 $460.7K
Cap Rate 9%
$358,344 $358.3K
Market Conditions
NOI Build-Up for 1,927 SF
Gross rent
$49.3K $25.56/SF
− Vacancy
−$3.2K −$1.65/SF
EGI
$46.1K $23.91/SF
− OpEx
−$13.8K −$7.17/SF
NOI
$32.3K $16.74/SF
Area
Monmouth 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%
$645,020
Cap Rate 7%
$460,729
Cap Rate 9%
$358,344

Alternative Uses

Best Use
Multifamily LT 5
$460.7K
$403.1K – $537.5K (±1% cap)
NOI $32,251 @ 7.0% cap · market cap 5.61%
Second Best
Apartment 5plus
$423.3K
$370.4K – $493.9K (±1% cap)
NOI $29,633 @ 7.0% cap · market cap 5.15%
Theoretical Best
Office A
$503.2K
$440.3K – $587.0K (±1% cap)
NOI $35,222 @ 7.0% cap · market cap 6.13%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

314
Businesses Nearby

Demographics for 07730, NJ

17,263
Population
6,713
Households
2.6
Avg Household Size
44
Median Age
32%
College-Educated
94%
High-School Grad
5.2 sq mi
ZIP Area
3,320
Density / Sq Mi
$122,276
Median Household Income
$62,017
Median Earnings
$1,149
Median Rent
$452,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Duplexes in Monmouth County, NJ

$366 Jul
$406 Aug
$434 Sep
$443 Oct

Properties on Market for Duplexes in Monmouth County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - The two residences offer three bedrooms downstairs and two bedrooms upstairs.
Where is this duplex located?
The property is located at 214 4th Street Hazlet, NJ.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Two‑family property with 1,927 square feet; Lower residence has 3 bedrooms; upper residence has 2; Both units have been remodeled
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