3-Unit Multifamily Property with
For Sale
$899,999
4311 NEWKIRK AVE, North Bergen, NJ 07047
2 Family, Row House, Multi-Level, North Bergen, NJ
Property Size3,137 SF
Lot Size0.11 Acres
Price / SF$286.90
Days on Market11
Property Features for 4311 NEWKIRK AVE
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bedroom 3, Bedroom 4, Bedroom 1, Bathroom 2, Basement, Bedroom 2
Directions
43rd street and 44th street
Subdivision
North Bergen
Standard status
Active
Lot size
0.11 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
11300
Building Details
Architectural style
Other
Listing Agency:
REMAX FIRST REALTY · RE/MAX International
Listed By:
THOMAS O'KEEFFE
(732) 257-3500
Added: Oct 7
Changed: Oct 17
Last Checked: Oct 17 at 5:06PM
MLS# 260020326
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.
The property comprises a legal two-family front building with two two-bedroom apartments, each with a living room and full bath. A separate rear structure contains a one-bedroom apartment with a kitchen, full bath, and combined living and dining area above a two-car garage. Total living space is approximately 3,137 SF, with two units currently vacant.
The buildings sit on a 50' x 100' double-width lot with off-street parking. The property is near transportation, shopping, dining, and major commuter routes.
The buildings sit on a 50' x 100' double-width lot with off-street parking. The property is near transportation, shopping, dining, and major commuter routes.
Key Highlights
- Three residential units across a front building and separate rear structure
- Approximately 3,137 SF of living space
- 50' x 100' double‑width lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$48,241
Cap Rate
5.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$964,820
$964.8K
Cap Rate 7%
$689,157
$689.2K
Cap Rate 9%
$536,011
$536.0K
Market Conditions
NOI Build-Up for 3,137 SF
Gross rent
$94.1K $30.00/SF
− Vacancy
−$6.4K −$2.04/SF
EGI
$87.7K $27.96/SF
− OpEx
−$39.5K −$12.58/SF
NOI
$48.2K $15.38/SF
Area
Hudson County, NJ
Vacancy
6.80%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$964,820
Cap Rate 7%
$689,157
Cap Rate 9%
$536,011
Alternative Uses
Best Use
Apartment 5plus
$689.2K
$603.0K – $804.0K
NOI $48,241 @ 7.0% cap · market cap 5.36%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$1.14M
$994.0K – $1.33M
NOI $79,516 @ 7.0% cap · market cap 8.84%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
4,106
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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Multifamily property - A separate rear building adds a one-bedroom apartment above a two-car garage.
Where is this multifamily property located?
The property is located at 4311 NEWKIRK AVE North Bergen, NJ.
What is the asking price?
The asking price for this property is $899,999.
What are key features of this property?
This property features: Three residential units across a front building and separate rear structure; Approximately 3,137 SF of living space; 50' x 100' double‑width lot
