Duplex with Finished Ground
For Sale
$949,999
5214 Liberty Ave, North Bergen, NJ 07047
Two-family property with updated interiors, a finished lower level, and convenient access to rail and bus transportation.
Property Size2,500 SF
Price / SF$379
Days on Market35
Property Features for 5214 Liberty Ave
General Information
Standard status
Active
Size
2,500 SF
Property subtype
Multi-Family
Building Details
Year Built
1966
Listing Agency:
VYLLA HOME
(201) 736-9180
Listed By:
JOHNNY INIGUEZ · License #395590
Source:
Luminancerealty
Added: Jul 28
Changed: Aug 30
Last Checked: Aug 30 at 9:24PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of VYLLA HOME
Investment Insights
Based on property information with market context.
This 2,500-square-foot duplex, built in 1966, includes two primary residential levels plus a finished ground floor configured with a full bathroom. The first- and second-floor units are occupied, and the interiors feature stainless steel appliances and quartz countertops. The finished lower level adds usable space and includes a mother-and-daughter layout.
Transportation access includes a nearby train station and the 127 NJ Transit bus line, with reported travel to New York City in 15 minutes. The property is also near shops, parks, and major routes including 1&9, as well as Newark Airport, MetLife Stadium, and American Dream Mall.
Transportation access includes a nearby train station and the 127 NJ Transit bus line, with reported travel to New York City in 15 minutes. The property is also near shops, parks, and major routes including 1&9, as well as Newark Airport, MetLife Stadium, and American Dream Mall.
Key Highlights
- 2,500 SF duplex with two primary residential floors and a finished ground floor
- Finished ground floor includes a mother‑and‑daughter layout and full bathroom
- Stainless steel appliances and quartz countertops throughout the units
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$41,840
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.40%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$836,800
$836.8K
Cap Rate 7%
$597,714
$597.7K
Cap Rate 9%
$464,889
$464.9K
Market Conditions
NOI Build-Up for 2,500 SF
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.
Gross rent
$63.9K $25.56/SF
− Vacancy
−$4.1K −$1.65/SF
EGI
$59.8K $23.91/SF
− OpEx
−$17.9K −$7.17/SF
NOI
$41.8K $16.74/SF
Area
Hudson 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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$836,800
Cap Rate 7%
$597,714
Cap Rate 9%
$464,889
Alternative Uses
Best Use
Multifamily LT 5
$597.7K
$523.0K – $697.3K
NOI $41,840 @ 7.0% cap · market cap 4.40%
Second Best
Apartment 5plus
$549.2K
$480.6K – $640.8K
NOI $38,445 @ 7.0% cap · market cap 4.05%
Theoretical Best
Warehouse
$905.3K
$792.1K – $1.06M
NOI $63,369 @ 7.0% cap · market cap 6.67%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,132
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-family property with updated interiors, a finished lower level, and convenient access to rail and bus transportation.
Where is this duplex located?
The property is located at 5214 Liberty Ave North Bergen, NJ.
What is the asking price?
The asking price for this property is $949,999.
What are key features of this property?
This property features: 2,500 SF duplex with two primary residential floors and a finished ground floor; Finished ground floor includes a mother‑and‑daughter layout and full bathroom; Stainless steel appliances and quartz countertops throughout the units
