Two-Family Duplex with Separate
New
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 Market3
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:
RE/MAX Central
Listed By:
William Hagan Group
(732) 847-2901
Source:
Williamhagangroup
Added: Sep 11
Changed: Sep 12
Last Checked: Sep 12 at 8:32AM
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 Central
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 = 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
$42,259
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
5.36%
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%
$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
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
$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 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%
$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.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
507
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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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
