Duplex Row
New
For Sale
$599,999
522 26th Street, Union City, NJ 07087
2-4 Family, Union City, NJ
Property Size1,696 SF
Price / SF$353.77
Days on Market4
Property Features for 522 26th Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 4, Bedroom 2, Bathroom 1, Basement, Bathroom 4, Bedroom 3
Subdivision
Union City
Standard status
Active
Listing Agency:
Keller Williams City Views Realty · Keller Williams Realty
(201) 592-8900
Listed By:
Farhan Yousufi · License #281797
(201) 592-8900
Added: Aug 29
Changed: Aug 30
Last Checked: Sep 1 at 3:06AM
MLS# 26032715
Copyright © 2026 New Jersey 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.
Investment Insights
Based on property information with market context.
This circa-1923 Union City row house contains 1,696 square feet of living space arranged as two distinct floor-level residential areas. Each floor includes a kitchen, full bathroom, two bedrooms, and a living area, with hardwood flooring and large windows throughout. Gas and electric utilities are separately metered, and the property has not previously been rented.
The home is located on 26th Street near Bergenline Avenue’s shops and restaurants. NJ Transit service provides access toward Midtown Manhattan, while the Lincoln Tunnel is approximately 10 minutes away. The property’s zoning was converted from two-family to residential under the current ownership, and the existing interior configuration remains organized around two separate living spaces.
The home is located on 26th Street near Bergenline Avenue’s shops and restaurants. NJ Transit service provides access toward Midtown Manhattan, while the Lincoln Tunnel is approximately 10 minutes away. The property’s zoning was converted from two-family to residential under the current ownership, and the existing interior configuration remains organized around two separate living spaces.
Key Highlights
- 1,696 sq ft row house built circa‑1923
- Two separate living areas, each with a kitchen, full bath, 2 bedrooms, and living area
- Hardwood floors and large windows throughout
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
$28,385
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
4.73%
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%
$567,700
$567.7K
Cap Rate 7%
$405,500
$405.5K
Cap Rate 9%
$315,389
$315.4K
Market Conditions
NOI Build-Up for 1,696 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
$43.3K $25.56/SF
− Vacancy
−$2.8K −$1.65/SF
EGI
$40.5K $23.91/SF
− OpEx
−$12.2K −$7.17/SF
NOI
$28.4K $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%
$567,700
Cap Rate 7%
$405,500
Cap Rate 9%
$315,389
Alternative Uses
Best Use
Multifamily LT 5
$405.5K
$354.8K – $473.1K
NOI $28,385 @ 7.0% cap · market cap 4.73%
Second Best
Apartment 5plus
$372.6K
$326.0K – $434.7K
NOI $26,081 @ 7.0% cap · market cap 4.35%
Theoretical Best
Warehouse
$614.1K
$537.4K – $716.5K
NOI $42,990 @ 7.0% cap · market cap 7.17%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
4,168
Businesses Nearby
Explore this area
Business Placement
Demographics for 07087, NJ
68,611
Population
27,442
Households
2.5
Avg Household Size
36
Median Age
28%
College-Educated
77%
High-School Grad
1.3 sq mi
ZIP Area
52,778
Density / Sq Mi
$65,369
Median Household Income
$35,041
Median Earnings
$1,489
Median Rent
$446,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Two separate floor-level living areas feature kitchens, full baths, bedrooms, and living rooms.
Where is this duplex located?
The property is located at 522 26th Street Union City, NJ.
What is the asking price?
The asking price for this property is $599,999.
What are key features of this property?
This property features: 1,696 sq ft row house built circa‑1923; Two separate living areas, each with a kitchen, full bath, 2 bedrooms, and living area; Hardwood floors and large windows throughout
