Two-Family Duplex with Separate
For Sale
$789,000
733 Schuyler Ave, Lyndhurst, NJ 07071
Two residential units offer private access, individual heating, dedicated laundry hookups, and off-street parking.
Property Size2,525 SF
Price / SF$312.48
Days on Market49
Property Features for 733 Schuyler Ave
General Information
Standard status
Active
Size
2,525 SF
Property subtype
Multi-Family
Building Details
Year Built
1925
Listing Agency:
Keller Williams City Life
Listed By:
William Hagan Group
(732) 847-2901
Source:
Williamhagangroup
Added: Sep 11
Changed: Oct 27
Last Checked: Oct 28 at 8:35AM
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 Keller Williams City Life
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Investment Insights
Based on property information with market context.
This 2,525-square-foot duplex, built in 1925, contains two separate residential units with three entrances. The first-floor apartment includes two bedrooms, a living room, updated kitchen, dining room, full bathroom, and access to the basement and backyard. The second-floor unit provides three bedrooms, a living area, eat-in kitchen, and full bathroom. A full-height walk-in attic adds substantial storage, while the partially finished basement includes additional living space, storage, and laundry hookups for both units.
Separate utility meters and three furnaces provide independent building systems. The first-floor furnace is 1 year old, and the second-floor furnace is 6 years old. Exterior features include two private driveways, a fully fenced backyard, deck, enclosed porch, and multiple sheds. The property is near Lyndhurst Train Station, bus stops, Ridge Road businesses, Riverside County Park, Route 3, Route 17, and the New Jersey Turnpike.
Separate utility meters and three furnaces provide independent building systems. The first-floor furnace is 1 year old, and the second-floor furnace is 6 years old. Exterior features include two private driveways, a fully fenced backyard, deck, enclosed porch, and multiple sheds. The property is near Lyndhurst Train Station, bus stops, Ridge Road businesses, Riverside County Park, Route 3, Route 17, and the New Jersey Turnpike.
Key Highlights
- 2,525 SF two‑family property built in 1925
- First‑floor unit has 2 bedrooms; second‑floor unit has 3 bedrooms
- Separate utility meters, 3 furnaces, and independent heating systems
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,259
Cap Rate
5.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$845,180
$845.2K
Cap Rate 7%
$603,700
$603.7K
Cap Rate 9%
$469,544
$469.5K
Market Conditions
NOI Build-Up for 2,525 SF
Gross rent
$64.5K $25.56/SF
− Vacancy
−$4.2K −$1.65/SF
EGI
$60.4K $23.91/SF
− OpEx
−$18.1K −$7.17/SF
NOI
$42.3K $16.74/SF
Area
Bergen 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%
$845,180
Cap Rate 7%
$603,700
Cap Rate 9%
$469,544
Alternative Uses
Best Use
Multifamily LT 5
$603.7K
$528.2K – $704.3K
NOI $42,259 @ 7.0% cap · market cap 5.36%
Second Best
Apartment 5plus
$554.7K
$485.4K – $647.2K
NOI $38,829 @ 7.0% cap · market cap 4.92%
Theoretical Best
Office A
$659.3K
$576.9K – $769.2K
NOI $46,153 @ 7.0% cap · market cap 5.85%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
507
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units offer private access, individual heating, dedicated laundry hookups, and off-street parking.
Where is this duplex located?
The property is located at 733 Schuyler Ave Lyndhurst, NJ.
What is the asking price?
The asking price for this property is $789,000.
What are key features of this property?
This property features: 2,525 SF two‑family property built in 1925; First‑floor unit has 2 bedrooms; second‑floor unit has 3 bedrooms; Separate utility meters, 3 furnaces, and independent heating systems
