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2-Unit Duplex with Basement
New
For Sale
$549,000

311 WARREN ST, Harrison, NJ 07029

2 Family, Multi-Level, Harrison, NJ

Property Size1,499 SF
Price / SF$366.24
Days on Market4

Property Features for 311 WARREN ST

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 3, Bedroom 4, Bedroom 2, Bathroom 2, Bedroom 1, Basement, Bathroom 1
Directions Warren Street and Sussex Street
Subdivision Harrison
Standard status Active

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 9302

Amenities

window A/C units
baseboard heating
off-street parking
partially finished basement

Building Details

Architectural style Other
Listing Agency: EXP REALTY LLC
Listed By: ABANOUB HABIB
Added: Oct 16 Last Checked: Oct 18 at 11:06PM
MLS# 260020957

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.

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Investment Insights

Based on property information with market context.

At 311 Warren St in Harrison, New Jersey, this two-unit duplex provides approximately 1,499 square feet of living space. Each unit has two bedrooms and one full bathroom, for a combined total of four bedrooms and two bathrooms. Window air-conditioning units and baseboard heating serve the residences.

A partially finished basement adds interior space, and off-street parking is available. The property is classified as a duplex.

Key Highlights

  • Two‑unit duplex with approximately 1,499 square feet of living space
  • Both units have 2 bedrooms and 1 full bathroom
  • Window A/C units and baseboard heating in both units

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$25,088
Cap Rate
4.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$501,760 $501.8K
Cap Rate 7%
$358,400 $358.4K
Cap Rate 9%
$278,756 $278.8K
Market Conditions
NOI Build-Up for 1,499 SF
Gross rent
$38.3K $25.56/SF
− Vacancy
−$2.5K −$1.65/SF
EGI
$35.8K $23.91/SF
− OpEx
−$10.8K −$7.17/SF
NOI
$25.1K $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 Rate 5%
$501,760
Cap Rate 7%
$358,400
Cap Rate 9%
$278,756

Alternative Uses

Best Use
Multifamily LT 5
$358.4K
$313.6K – $418.1K (±1% cap)
NOI $25,088 @ 7.0% cap · market cap 4.57%
Second Best
Apartment 5plus
$329.3K
$288.2K – $384.2K (±1% cap)
NOI $23,052 @ 7.0% cap · market cap 4.20%
Theoretical Best
Warehouse
$542.8K
$475.0K – $633.3K (±1% cap)
NOI $37,996 @ 7.0% cap · market cap 6.92%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Veterinary Clinic Nursing Home (Bike/Boat/Book/etc) Store Carpet & Flooring Store Buffet Adult Day Care

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

2,493
Businesses Nearby

Demographics for 07029, NJ

22,044
Population
10,485
Households
2.1
Avg Household Size
33
Median Age
47%
College-Educated
87%
High-School Grad
1.3 sq mi
ZIP Area
16,957
Density / Sq Mi
$80,495
Median Household Income
$52,097
Median Earnings
$2,036
Median Rent
$433,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

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 - Each residence has two bedrooms, one full bathroom, window air conditioning, and baseboard heat.
Where is this duplex located?
The property is located at 311 WARREN ST Harrison, NJ.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: Two‑unit duplex with approximately 1,499 square feet of living space; Both units have 2 bedrooms and 1 full bathroom; Window A/C units and baseboard heating in both units
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