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Duplex with Finished Basement
For Sale
$675,000

35 Lavern Street, Sayreville, NJ 08872

Residential Income, Sayreville, NJ

Property Size1,440 SF
Lot Size0.15 Acres
Price / SF$468.75
Days on Market51

Property Features for 35 Lavern Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R-7
Zoning description Buyer Should Verify
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 1, Bedroom 2, Bathroom 2, Basement, Bathroom 1, Bedroom 3, Bedroom 4
Interior features Unit 1(1 Bath, 2 Bedrooms), Unit 2(1 Bath, 2 Bedrooms)
Appliances Water Heater(Gas), Water Heater, Unit 1(Range/Oven, Refrigerator), Unit 2(Range/Oven, Refrigerator)
Elementary school district Sayreville Ps
Middle school district Sayreville Ps
High school district Sayreville Ps
Standard status Active
APN 190011400000002402
Size 1,440 SF
Lot size 0.15 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 8725

Utilities

Sewer type Public Sewer
Heating system Other (Heating), Hot Water(Heating)
Cooling system Wall Unit(s)
Water source Public

Building Details

Year built 1954
Floors in Building 2
Building materials Brick, Vinyl Siding
Listing Agency: EXP REALTY, LLC
Listed By: Jason Eckert
Added: Sep 2 Changed: Oct 19 Last Checked: Oct 22 at 12:06AM
MLS# 2770444M

Copyright © 2026 All Jersey MLS. 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.

Built in 1954, this 1,440-square-foot duplex contains two units, each with two bedrooms and one full bathroom. A finished basement includes an additional full bathroom. The exterior combines brick and vinyl siding, and wall-unit cooling is installed. The property is offered in as-is condition.

The 0.1463-acre site is zoned R-7 and served by public water and public sewer. Heating includes hot water.

Key Highlights

  • Two‑unit duplex; each unit has 2 bedrooms and 1 full bathroom
  • Finished basement with a full bathroom
  • 1,440 square feet on a 0.1463‑acre lot

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$24,100
Cap Rate
3.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$482,000 $482.0K
Cap Rate 7%
$344,286 $344.3K
Cap Rate 9%
$267,778 $267.8K
Market Conditions
NOI Build-Up for 1,440 SF
Gross rent
$36.8K $25.56/SF
− Vacancy
−$2.4K −$1.65/SF
EGI
$34.4K $23.91/SF
− OpEx
−$10.3K −$7.17/SF
NOI
$24.1K $16.74/SF
Area
Middlesex 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%
$482,000
Cap Rate 7%
$344,286
Cap Rate 9%
$267,778

Alternative Uses

Best Use
Multifamily LT 5
$344.3K
$301.3K – $401.7K (±1% cap)
NOI $24,100 @ 7.0% cap · market cap 3.57%
Second Best
Apartment 5plus
$316.3K
$276.8K – $369.1K (±1% cap)
NOI $22,144 @ 7.0% cap · market cap 3.28%
Theoretical Best
Office A
$376.0K
$329.0K – $438.7K (±1% cap)
NOI $26,321 @ 7.0% cap · market cap 3.90%
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
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Location Intelligence

Trade Area within ½ mile

288
Businesses Nearby

Demographics for 08872, NJ

20,351
Population
7,837
Households
2.6
Avg Household Size
39
Median Age
36%
College-Educated
90%
High-School Grad
9.5 sq mi
ZIP Area
2,142
Density / Sq Mi
$97,204
Median Household Income
$50,654
Median Earnings
$1,594
Median Rent
$404,300
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 - Both residences offer two bedrooms and one full bathroom, with a finished basement adding a separate full bathroom.
Where is this duplex located?
The property is located at 35 Lavern Street Sayreville, NJ.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Two‑unit duplex; each unit has 2 bedrooms and 1 full bathroom; Finished basement with a full bathroom; 1,440 square feet on a 0.1463‑acre lot
More about this property
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