Three-Story Duplex with Walkout
For Sale
$795,000
Pending
33 Livingston Ave, Lyndhurst, NJ 07071
Multi-Family, 3-Three Story, Lyndhurst Twp., NJ
Property Size2,189 SF
Lot Size0.17 Acres
Days on Market58
Property Features for 33 Livingston Ave
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
residential
Bedrooms
5
Bathrooms
3
Full bathrooms
2
Half bathrooms
1
Rooms
Basement, Bedroom 2, Bathroom 1, Bedroom 4, Bathroom 2, Bedroom 1, Bedroom 3, Bedroom 5
Parking
1
Interior features
Carbon Monoxide Detector, Smoke Detector, Vinyl-Linoleum Floors, Wood Floors
Exterior features
Metal Fence, Sidewalk
Fencing
Fenced
Subdivision
excellent
Lot features
Level Lot
Elementary school
JEFFERSON
Middle school
LYNDHURST
High school
LYNDHURST
Directions
Route 3. Rutherford Ave, to Stuyvesant, to Lake ave, to Livingston Ave (One Way street)
Standard status
Pending
Size
2,189 SF
Lot size
0.17 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
10960
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Hot Water(Heating), Other (Heating)
Water source
Public
Amenities
patio
walkout basement
Building Details
Floors in Building
3
Number of units
2
Roof type
Composition
Architectural style
Other
Listing Agency:
C-21 GEMINI, LLC. · Century 21 Real Estate
(973) 696-1111
Listed By:
EMILIO BALDINO
(973) 890-0500
Added: Jul 27
Changed: Sep 12
Last Checked: Sep 22 at 10:06PM
MLS# 4043151
Copyright © 2026 Garden State MLS, LLC. 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 three-story duplex contains two residential units within 2,189 square feet. The first-floor residence includes a living room, formal dining room, eat-in kitchen, three bedrooms, and a full bath. The second residence spans the upper floors and offers five rooms, two to three bedrooms, and a full bath. Original chestnut trim, wood floors, a large walkout basement, and a newer roof add notable physical features. Public water and sewer serve the property, with cable available.
The home occupies a 0.17-acre lot measuring 186 feet in length and includes a fenced exterior, patio, metal fencing, and sidewalk access. The property is located in Lyndhurst Twp., Bergen County, near shopping, cafes, restaurants, NJ Transit rail service, and bus routes. Residential zoning supports the existing housing configuration.
The home occupies a 0.17-acre lot measuring 186 feet in length and includes a fenced exterior, patio, metal fencing, and sidewalk access. The property is located in Lyndhurst Twp., Bergen County, near shopping, cafes, restaurants, NJ Transit rail service, and bus routes. Residential zoning supports the existing housing configuration.
Key Highlights
- Two‑unit, three‑story residential property with 2,189 square feet
- First‑floor unit includes 3 bedrooms, formal dining room, and eat‑in kitchen
- Upper unit spans the second and third floors with 5 rooms and 2‑3 bedrooms
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
$36,635
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
4.61%
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%
$732,700
$732.7K
Cap Rate 7%
$523,357
$523.4K
Cap Rate 9%
$407,056
$407.1K
Market Conditions
NOI Build-Up for 2,189 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
$56.0K $25.56/SF
− Vacancy
−$3.6K −$1.65/SF
EGI
$52.3K $23.91/SF
− OpEx
−$15.7K −$7.17/SF
NOI
$36.6K $16.74/SF
Area
Bergen 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%
$732,700
Cap Rate 7%
$523,357
Cap Rate 9%
$407,056
Alternative Uses
Best Use
Multifamily LT 5
$523.4K
$457.9K – $610.6K
NOI $36,635 @ 7.0% cap · market cap 4.61%
Second Best
Apartment 5plus
$480.9K
$420.8K – $561.0K
NOI $33,662 @ 7.0% cap · market cap 4.23%
Theoretical Best
Office A
$571.6K
$500.1K – $666.9K
NOI $40,011 @ 7.0% cap · market cap 5.03%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
2
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,326
Businesses Nearby
Explore this area
Business Placement
Demographics for 07071, NJ
22,519
Population
9,839
Households
2.3
Avg Household Size
40
Median Age
40%
College-Educated
90%
High-School Grad
4.6 sq mi
ZIP Area
4,895
Density / Sq Mi
$109,021
Median Household Income
$65,401
Median Earnings
$1,719
Median Rent
$496,000
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
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Frequently Asked Questions
What type of property is this?
Duplex - Two residential units provide flexible layouts, including a three-bedroom first-floor residence and an upper-level multi-room unit.
Where is this duplex located?
The property is located at 33 Livingston Ave Lyndhurst, NJ.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: Two‑unit, three‑story residential property with 2,189 square feet; First‑floor unit includes 3 bedrooms, formal dining room, and eat‑in kitchen; Upper unit spans the second and third floors with 5 rooms and 2‑3 bedrooms
