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Turnkey Two-Family Residential
For Sale
$999,000

551 Schuyler Ave 2, North Arlington, NJ 07031

Fully renovated two-family home offers two units with 3 bedrooms each, plus a finished basement and private fenced yard.

Property SizeContact for details
Days on Market54

Property Features for 551 Schuyler Ave 2

General Information

Standard status Active
Total Parking Spaces 1
Property subtype Multi Family

Additional Details

Fenced Yard Yes
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $13,000

Building Details

Year Built 1960
Units 2
Tenancy Multi
Listing Agency: RE/MAX SELECT
Listed By: JULIANA GIBBS
Source: Elliman
Added: Jul 9 Changed: Aug 8 Last Checked: Aug 30 at 5:43PM

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 RE/MAX SELECT

Investment Insights

Based on property information with market context.

This fully renovated, move-in ready two-family residence offers a flexible layout with two spacious units, each featuring 3 bedrooms and 1 full bathroom with updated finishes. The property also includes a fully finished basement with a large recreation room and an additional full bathroom, creating extra space that can serve a variety of needs.

Outside, enjoy a private fenced backyard and an attached one-car garage. Bike score is listed as 40 (somewhat bikeable) and walk score as 75 (very walkable). The property is described as being conveniently located just minutes from NYC transportation, along with access to schools, parks, restaurants, and shopping.

Overall, the home presents a turnkey configuration with two complete living units, expanded lower-level space, and outdoor amenities suitable for owner-occupants or investors looking for an updated multifamily asset.

Key Highlights

  • Fully renovated two‑family home with 2 units, each offering 3 bedrooms and 1 full bath
  • Finished basement includes a large recreation room and an additional full bathroom
  • Private fenced backyard for outdoor use

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Building Supply Restaurant Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Multi-tenant
Tenancy
Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

297
Businesses Nearby

Demographics for 07031, NJ

16,457
Population
6,986
Households
2.4
Avg Household Size
42
Median Age
39%
College-Educated
91%
High-School Grad
2.5 sq mi
ZIP Area
6,583
Density / Sq Mi
$101,493
Median Household Income
$64,840
Median Earnings
$1,706
Median Rent
$464,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Fully renovated two-family home offers two units with 3 bedrooms each, plus a finished basement and private fenced yard.
Where is this duplex located?
The property is located at 551 Schuyler Ave 2 North Arlington, NJ.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: Fully renovated two‑family home with 2 units, each offering 3 bedrooms and 1 full bath; Finished basement includes a large recreation room and an additional full bathroom; Private fenced backyard for outdoor use
More about this property
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