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Income Duplex with Private Decks

47-49 N Indian Valley Court Little Egg Harbor, NJ 08087

47-49 N Indian Valley Court, Little Egg Harbor, NJ, 08087
$375,000
Pending
For Sale
$375,000
Pending

SINGLE_FAMILY - Other - Little Egg Harbor, NJ

Property Size2,083 SF
Lot Size0.23 Acres
Days on Market34

Property Features for 47-49 N Indian Valley Court

General Information

Property type
Residential
Property subtype
Duplex
Bedrooms
4
Bathrooms
4
Rooms
Bathroom 3, Bathroom 2, Dining Room, Bedroom 3, Bedroom 2, Bathroom 4, Bedroom 1, Bedroom 4, Bathroom 1
Parking features
Driveway
Patio and Porch features
Deck
Standard status
Pending
APN
17-00285-0000-00047
Size
2,083 SF
Lot size
0.23 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
6106

Utilities

Sewer type
Public Sewer
Heating system
Zoned, Natural Gas
Cooling system
Zoned
Water source
Public

Building Details

Year built
1987
Floors in Building
2
Flooring type
Vinyl, Tile - Ceramic
Roof type
Shingle
Architectural style
Other
Listing Agency Coldwell Banker Realty
1122 Third Ave., Spring Lake, NJ
Listed by Grace Talarico · License #1006717
Added: Jun 17 Updated: Jul 10 at 10:34 pm Checked: Jul 20 at 4:06 pm
MLS# 22618269 Listing URL

Copyright © 2026 More MLS. 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 well-maintained duplex features two distinct units with separate utilities, water, and sewer for each. The right-side unit includes two primary suites, each with a private full bath, an updated kitchen, an open-concept living and dining area, and a first-floor half bath, with sliding doors to a large private deck. The left-side unit offers two bedrooms, one full bath, an updated kitchen, an open-concept living and dining area, and sliding doors to its own private deck.

Additional improvements include a roof approximately 5 years old, along with replacement of two furnaces and one air conditioning unit approximately 2 years ago. The property is offered for sale in Little Egg Harbor, New Jersey.

Key Highlights

  • Well‑maintained duplex in Little Egg Harbor with separate utilities, plus public water and public sewer for each unit
  • Right‑side unit features 2 primary suites, each with a private full bath, updated kitchen, open‑concept living/dining, and sliding doors to a large private deck
  • Left‑side unit offers 2 bedrooms, 1 full bath, updated kitchen, open‑concept living/dining, and sliders to its own private deck

Local Financial Insights For Apartment 5plus

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 $62.5k $30.00
− Vacancy −$4.2k −$2.04
EGI $58.2k $27.96
− OpEx −$26.2k −$12.58
NOI $32.0k $15.38
2,083 SF · lease $30.00/SF/yr · vacancy 6.80% · expense 45.00%

Alternative Uses

Best Use
Multifamily LT 5
$498.0K
$435.8K – $581.0K (±1% cap)
NOI $34,861 @ 7.0% cap · market cap 9.30%
Second Best
Apartment 5plus
$457.6K
$400.4K – $533.9K (±1% cap)
NOI $32,032 @ 7.0% cap · market cap 8.54%
Theoretical Best
Office A
$543.9K
$475.9K – $634.6K (±1% cap)
NOI $38,074 @ 7.0% cap · market cap 10.15%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Real Estate Agency Dental Office Spa & Massage Center Hair Salon Restaurant Auto Repair Shop Building Supply Nail Salon HVAC Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - A well-maintained duplex offering two separate units with private decks and separate utilities, water, and sewer.
Where is this duplex located?
The property is located at 47-49 N Indian Valley Court Little Egg Harbor, NJ.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Well‑maintained duplex in Little Egg Harbor with separate utilities, plus public water and public sewer for each unit; Right‑side unit features 2 primary suites, each with a private full bath, updated kitchen, open‑concept living/dining, and sliding doors to a large private deck; Left‑side unit offers 2 bedrooms, 1 full bath, updated kitchen, open‑concept living/dining, and sliders to its own private deck
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