Duplex with Heated Three-Car
541 Page Ave, Lyndhurst, NJ 07071
For Sale
$860,000
One residence is renovated, while the second offers a four-level interior with major systems installed and completion remaining.
Property Size5,000 SF
Lot Size0.24 Acres
Price / SF$172
Days on Market151
Property Features for 541 Page Ave
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Property Condition
Severity
Evidence
Additional Details
Multifamily Units
Building Details
Year Built
Buildings
Units
Listing Agency:
Coccia Realty Bhgre
(201) 939-8900
Listed By:
Kathleen Savino
(201) 438-3120
Source:
Culturaunitedrealty
Added: Jun 12
Changed: Nov 7
Last Checked: Nov 8 at 2:14PM
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 Coccia Realty Bhgre
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This duplex contains approximately 5,000 square feet across two residences on a 71-by-150-foot property. The first unit has three bedrooms and 1.5 baths; it was renovated in 2005, with a custom kitchen updated in 2013. The second residence spans four levels and more than 3,300 square feet. Framing, electrical, plumbing, windows, heating, and air conditioning are in place, and approved plans are included; interior completion remains. The proposed layout includes living and dining areas, a kitchen and great room, bedrooms, baths, laundry, and a sitting room or office.
Each residence has a separate basement. A long driveway leads to a heated three-car garage with two finished rooms on its upper level. The property is offered as is, and the buyer is responsible for obtaining a certificate of occupancy. Cash buyers only.
Each residence has a separate basement. A long driveway leads to a heated three-car garage with two finished rooms on its upper level. The property is offered as is, and the buyer is responsible for obtaining a certificate of occupancy. Cash buyers only.
Key Highlights
- Two‑family duplex with approximately 5,000 square feet on a 71‑by‑150‑foot property
- Renovated three‑bedroom, 1.5‑bath unit; kitchen updated in 2013
- Second residence spans four levels and more than 3,300 square feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$76,890
Cap Rate
8.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,537,800
$1.5M
Cap Rate 7%
$1,098,429
$1.1M
Cap Rate 9%
$854,333
$854.3K
Market Conditions
NOI Build-Up for 5,000 SF
Gross rent
$150.0K $30.00/SF
− Vacancy
−$10.2K −$2.04/SF
EGI
$139.8K $27.96/SF
− OpEx
−$62.9K −$12.58/SF
NOI
$76.9K $15.38/SF
Area
Bergen 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%
$1,537,800
Cap Rate 7%
$1,098,429
Cap Rate 9%
$854,333
Alternative Uses
Best Use
Multifamily LT 5
$1.20M
$1.05M – $1.39M
NOI $83,681 @ 7.0% cap · market cap 9.73%
Second Best
Apartment 5plus
$1.10M
$961.1K – $1.28M
NOI $76,890 @ 7.0% cap · market cap 8.94%
Theoretical Best
Office A
$1.31M
$1.14M – $1.52M
NOI $91,392 @ 7.0% cap · market cap 10.63%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,276
Businesses Nearby
Explore this area
Business Placement
Demographics for 07071, NJ
22,519
Population
9,839
Households
2.3
Avg Household Size
40
Median Age
40%
College-Educated
90%
High-School Grad
4.6 sq mi
ZIP Area
4,895
Density / Sq Mi
$109,021
Median Household Income
$65,401
Median Earnings
$1,719
Median Rent
$496,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Properties on Market for Duplexes in Bergen County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - One residence is renovated, while the second offers a four-level interior with major systems installed and completion remaining.
Where is this duplex located?
The property is located at 541 Page Ave Lyndhurst, NJ.
What is the asking price?
The asking price for this property is $860,000.
What are key features of this property?
This property features: Two‑family duplex with approximately 5,000 square feet on a 71‑by‑150‑foot property; Renovated three‑bedroom, 1.5‑bath unit; kitchen updated in 2013; Second residence spans four levels and more than 3,300 square feet
