425 N New Market Road, Piscataway, NJ 08854
MULTI_FAMILY - Piscataway, NJ
- Added:
- Jun 22, 2026
- Days on Market:
- 6
- Last Refresh:
- Jun 27 at 4:06 am
Property Features for 425 N New Market Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R75
- Bathrooms
- 2
- Rooms
- Dining Room, Basement, Bathroom 2, Bathroom 1, Den
- Parking features
- Garage
- Interior features
- Unit 1(Dining Room, 3 Bedrooms, Kitchen, 1 Bath, Den/Family Room), Unit 2(3 Bedrooms, Kitchen, 1 Bath)
- Appliances
- Water Heater(See Remarks), Water Heater
- Standard status
- Active
- APN
- 170091000000000801
- Size
- 2,208 SF
- Lot size
- 0.30 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 8183
Utilities
- Sewer type
- Public Sewer
- Heating system
- Baseboard, Forced Air, Electric (Heating)
- Water source
- Public
Building Details
- Year built
- 1914
- Floors in Building
- 2
Listing agent Erin Ben-Hayon (908) 233-5555
Listing office COLDWELL BANKER REALTY 209 CENTRAL AVENUE, Westfield, NJ (908) 233-5555
Listing date Jun 22, 2026
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.
HighLights
- Two‑family home built in 1914 with two units, each offering 3 bedrooms and 1 full bath
- Unit 1 includes a living room, formal dining room, kitchen, den/family room, and basement access
- Unit 2 features hardwood floors throughout the bedrooms, plus kitchen and 1 full bath
- Heating includes baseboard and forced air, with electric (heating)
- Public water and public sewer available; property includes garage parking
- Sold strictly as‑is; sale is subject to court approval, and buyer is responsible for obtaining the CO
Overview
The property sits on approximately 0.303 acres in Piscataway, NJ, within zoning designated R75. The home is being sold strictly as-is.
The configuration can suit buyers looking for a renovation-focused two-family investment or an owner-occupant arrangement where one unit can be lived in while the other can be renovated or rented. Because the property is in need of renovation and updating and is offered as-is, prospective buyers should plan for the work necessary to restore and customize the interiors. Sale is subject to court approval, and the buyer will be responsible for obtaining the certificate of occupancy (CO).
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $56.4k | $25.56 |
| − Vacancy | −$3.6k | −$1.65 |
| EGI | $52.8k | $23.91 |
| − OpEx | −$15.8k | −$7.17 |
| NOI | $37.0k | $16.74 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Piscataway
- County
- Middlesex
- State
- New Jersey
- Longitude
- -74.4592918
- Latitude
- 40.5804803
