Two-Unit
New
For Sale
Under Contract
$425,000
49 Augusta Street, South River, NJ 08882
Residential Income, South River, NJ
Property Size898 SF
Lot Size0.07 Acres
Price / SF$473.27
Days on Market4
Property Features for 49 Augusta Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R-75
Bedrooms
3
Bathrooms
1
Full bathrooms
1
Rooms
Bedroom 3, Bathroom 1, Basement, Bedroom 1, Bedroom 2
Interior features
Unit 1(1 Bath, 3 Bedrooms), Unit 2(1 Bath, 3 Bedrooms)
Appliances
Water Heater(Gas), Water Heater
Lot features
Cul-De-Sac
Elementary school district
South River Ps
Middle school district
South River Ps
High school district
South River Ps
Directions
Take Whitehead To Augusta
Standard status
Active Under Contract
APN
2300299000000001
Size
898 SF
Lot size
0.07 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
5912
Utilities
Sewer type
Public Sewer
Heating system
Hot Water(Heating), Baseboard
Water source
Public
Building Details
Year built
1920
Floors in Building
2
Listing Agency:
RE/MAX FIRST REALTY, INC. · RE/MAX International
(732) 257-3500
Listed By:
Rocco Sgro · License #1434781
(732) 593-9636
Added: Oct 13
Changed: Oct 16
Last Checked: Oct 16 at 5:06PM
MLS# 2770687M
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.
This duplex contains two residences, each arranged with three bedrooms and one full bathroom. The property measures 898 square feet and occupies a 0.0689-acre lot. Built in 1920, it has a basement, hot-water baseboard heating, and gas and standard water heaters. Public water and public sewer serve the property.
The building is zoned R-75 and is located at 49 Augusta Street in South River, New Jersey.
The building is zoned R-75 and is located at 49 Augusta Street in South River, New Jersey.
Key Highlights
- Two residences, each with 3 bedrooms and 1 full bathroom
- 898‑square‑foot property on a 0.0689‑acre lot
- Built in 1920; includes a basement
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,029
Cap Rate
3.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$300,580
$300.6K
Cap Rate 7%
$214,700
$214.7K
Cap Rate 9%
$166,989
$167.0K
Market Conditions
NOI Build-Up for 898 SF
Gross rent
$23.0K $25.56/SF
− Vacancy
−$1.5K −$1.65/SF
EGI
$21.5K $23.91/SF
− OpEx
−$6.4K −$7.17/SF
NOI
$15.0K $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%
$300,580
Cap Rate 7%
$214,700
Cap Rate 9%
$166,989
Alternative Uses
Best Use
Multifamily LT 5
$214.7K
$187.9K – $250.5K
NOI $15,029 @ 7.0% cap · market cap 3.54%
Second Best
Apartment 5plus
$197.3K
$172.6K – $230.2K
NOI $13,809 @ 7.0% cap · market cap 3.25%
Theoretical Best
Office A
$234.5K
$205.2K – $273.6K
NOI $16,414 @ 7.0% cap · market cap 3.86%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
249
Businesses Nearby
Explore this area
Business Placement
Demographics for 08882, NJ
16,118
Population
5,789
Households
2.8
Avg Household Size
39
Median Age
31%
College-Educated
86%
High-School Grad
2.8 sq mi
ZIP Area
5,756
Density / Sq Mi
$101,853
Median Household Income
$51,323
Median Earnings
$1,599
Median Rent
$382,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences provide three bedrooms and one full bathroom, with public water and sewer service.
Where is this duplex located?
The property is located at 49 Augusta Street South River, NJ.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Two residences, each with 3 bedrooms and 1 full bathroom; 898‑square‑foot property on a 0.0689‑acre lot; Built in 1920; includes a basement
