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Two-Family Residence With Walk-Out Basement
For Sale
$700,000
Pending

740 2Nd Ave, Lyndhurst, NJ 07071

Two-family home offering four bedrooms, three baths, and a full finished walk-out basement.

Property SizeContact for details
Days on Market50

Property Features for 740 2Nd Ave

General Information

Standard status Pending
Property subtype Multi Family

Additional Details

Highway Access Yes
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $15,490

Building Details

Year Built 1920
Units 2
Tenancy Multi
Listing Agency: Realty Executives Exceptional Realtors
Listed By: DAVID THOENIG
Source: Elliman
Added: Jul 20 Changed: Sep 3 Last Checked: Sep 7 at 6:26AM

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 Realty Executives Exceptional Realtors

Investment Insights

Based on property information with market context.

This two-family residence totals four bedrooms and three bathrooms, with a large living area designed for everyday use and entertaining. The property includes a full finished walk-out basement, adding flexible interior space.

The home is located near schools, transportation, restaurants, shopping, and major highways, with a Walk Score of 75 and a Bike Score of 40.

The property is being sold as-is, with any required system repairs to be addressed at the buyer’s expense. It is noted as eligible for FHA 203K financing, and available for owner occupants, nonprofits, and government agencies only for the stated date window beginning 07/16/2026 through 7/29/2026 at 11:59PM Central Time, then daily until sold.

Key Highlights

  • Two‑family home built in 1920 with 4 bedrooms and 3 total baths
  • Huge living room designed for entertaining
  • Full finished walk‑out basement

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage Home Appliance Store (Bike/Boat/Book/etc) Store Tech Support Center Electrical Service Discount Store

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
Highway access

Location Intelligence

Trade Area within ½ mile

1,319
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Duplex - Two-family home offering four bedrooms, three baths, and a full finished walk-out basement.
Where is this duplex located?
The property is located at 740 2Nd Ave Lyndhurst, NJ.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Two‑family home built in 1920 with 4 bedrooms and 3 total baths; Huge living room designed for entertaining; Full finished walk‑out basement
More about this property
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