Updated Contemporary
For Sale
$1,550,000
303 76TH ST, North Bergen, NJ 07047
2 Family, Contemporary, North Bergen, NJ
Property Size2,875 SF
Price / SF$539.13
Days on Market67
Property Features for 303 76TH ST
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
8
Bathrooms
5
Full bathrooms
5
Rooms
Bedroom 7, Bathroom 3, Bedroom 4, Bedroom 8, Bathroom 4, Bathroom 5, Bedroom 6, Bedroom 1, Bathroom 2, Bedroom 5, Bedroom 3, Bathroom 1, Basement, Bedroom 2
Directions
Hudson and Palisade
Subdivision
North Bergen
Standard status
Active
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
14879
Amenities
laundry rm
terrace
backyard
summer kitchen
security camera
security alarm
Building Details
Architectural style
Contemporary
Listing Agency:
PARKVIEW REAL ESTATE
Listed By:
THALIA FONTAINA
(201) 766-8700
Added: Jul 15
Changed: Sep 13
Last Checked: Sep 19 at 5:06PM
MLS# 260013845
Copyright © 2026 Realty MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This contemporary three-story duplex contains 2,875 square feet and offers two residential units with distinct layouts. The first-floor residence includes spacious living and dining areas, an updated kitchen, three bedrooms, an en-suite primary bath, and access to a terrace and backyard. A connected lower level adds a family room, summer kitchen, full bath, two additional bedrooms, laundry, and a separate street entrance. The second-floor unit provides an open living and dining arrangement, updated kitchen, three bedrooms, two bathrooms, laundry, and a partial NYC view.
Property improvements include all-new windows, a 4-year-old roof, newer water heaters, and a new HVAC system. Each unit has separate heat, gas, water, and electric service. Additional features include a one-car attached garage, paver driveway, security cameras, and a security alarm. The property is within walking distance of a NYC bus stop and James J. Braddock Park.
Property improvements include all-new windows, a 4-year-old roof, newer water heaters, and a new HVAC system. Each unit has separate heat, gas, water, and electric service. Additional features include a one-car attached garage, paver driveway, security cameras, and a security alarm. The property is within walking distance of a NYC bus stop and James J. Braddock Park.
Key Highlights
- 2,875‑square‑foot contemporary duplex with two residential units
- First‑floor unit includes a terrace, backyard, attached garage access, and finished lower level
- Finished lower level has a family room, summer kitchen, full bath, 2 additional bedrooms, and separate street entrance
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$48,117
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.10%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$962,340
$962.3K
Cap Rate 7%
$687,386
$687.4K
Cap Rate 9%
$534,633
$534.6K
Market Conditions
NOI Build-Up for 2,875 SF
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.
Gross rent
$73.5K $25.56/SF
− Vacancy
−$4.7K −$1.65/SF
EGI
$68.7K $23.91/SF
− OpEx
−$20.6K −$7.17/SF
NOI
$48.1K $16.74/SF
Area
Hudson 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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$962,340
Cap Rate 7%
$687,386
Cap Rate 9%
$534,633
Alternative Uses
Best Use
Multifamily LT 5
$687.4K
$601.5K – $802.0K
NOI $48,117 @ 7.0% cap · market cap 3.10%
Second Best
Apartment 5plus
$631.6K
$552.7K – $736.9K
NOI $44,212 @ 7.0% cap · market cap 2.85%
Theoretical Best
Warehouse
$1.04M
$910.9K – $1.21M
NOI $72,875 @ 7.0% cap · market cap 4.70%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
3,112
Businesses Nearby
Explore this area
Business Placement
Demographics for 07047, NJ
63,361
Population
25,024
Households
2.5
Avg Household Size
39
Median Age
32%
College-Educated
83%
High-School Grad
5.1 sq mi
ZIP Area
12,424
Density / Sq Mi
$75,505
Median Household Income
$43,150
Median Earnings
$1,702
Median Rent
$466,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Three-story duplex with two units, a finished lower level, attached garage, and separate utilities.
Where is this duplex located?
The property is located at 303 76TH ST North Bergen, NJ.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: 2,875‑square‑foot contemporary duplex with two residential units; First‑floor unit includes a terrace, backyard, attached garage access, and finished lower level; Finished lower level has a family room, summer kitchen, full bath, 2 additional bedrooms, and separate street entrance
