Two-Family Residential Income
740 2Nd Ave Lyndhurst, NJ 07071
New
740 2Nd Ave, Lyndhurst, NJ, 07071
$840,000
For Sale
$840,000
MULTI_FAMILY - Lyndhurst Twp., NJ
Property Size3,168 SF
Lot Size0.09 Acres
Price / SF$265.15
Days on Market2
Property Features for 740 2Nd Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 3
- Rooms
- Bathroom 3, Bedroom 4, Basement, Bedroom 1, Bathroom 2, Bedroom 2, Bathroom 1, Bedroom 3
- Parking
- 2
- Patio and Porch features
- Deck
- Exterior features
- Deck, Storage Shed
- Standard status
- Active
- Size
- 3,168 SF
- Lot size
- 0.09 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 15490
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 1920
- Floors in Building
- 2
- Number of units
- 2
- Roof type
- Shingle
- Architectural style
- Other
- Additional Structures
- Storage
Listing Agency
REALTY EXECUTIVES EXCEPTIONAL
(973) 729-7141
54 WOODPORT ROAD -, Fairfield, NJ
Listed by
DAVID THOENIG
Added: Jul 16 Checked: Jul 17 at 6:06 pm
MLS# 4041119
Listing URL
Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This two-family duplex includes a total of four bedrooms and three bathrooms, with a huge living room described as designed for entertaining. The property also features a full finished walk-out basement.
Located in Lyndhurst Township, Bergen County, the listing notes proximity to schools, transportation, restaurants, shopping, and major highways.
The property is offered for sale and is sold as-is, with any required system repairs to be paid by the buyer. Financing terms listed include cash and conventional. The property is noted as eligible for FHA 203K, and the listing indicates owner-occupants, nonprofits, and government agencies only are available during the specified period from 07/16/2026 through 7/29/2026 at 11:59PM Central Time, then daily until sold.
Located in Lyndhurst Township, Bergen County, the listing notes proximity to schools, transportation, restaurants, shopping, and major highways.
The property is offered for sale and is sold as-is, with any required system repairs to be paid by the buyer. Financing terms listed include cash and conventional. The property is noted as eligible for FHA 203K, and the listing indicates owner-occupants, nonprofits, and government agencies only are available during the specified period from 07/16/2026 through 7/29/2026 at 11:59PM Central Time, then daily until sold.
Key Highlights
- 2‑family home with 4 bedrooms and 3 baths total
- Full finished walk‑out basement
- Year built 1920
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $81.0k | $25.56 |
| − Vacancy | −$5.2k | −$1.65 |
| EGI | $75.7k | $23.91 |
| − OpEx | −$22.7k | −$7.17 |
| NOI | $53.0k | $16.74 |
3,168 SF · lease $25.56/SF/yr · vacancy 6.46% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$757.4K
$662.8K – $883.7K
NOI $53,020 @ 7.0% cap · market cap 6.31%
Second Best
Apartment 5plus
$696.0K
$609.0K – $812.0K
NOI $48,718 @ 7.0% cap · market cap 5.80%
Theoretical Best
Office A
$827.2K
$723.8K – $965.1K
NOI $57,906 @ 7.0% cap · market cap 6.89%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two-unit duplex with 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 $840,000.
What are key features of this property?
This property features: 2‑family home with 4 bedrooms and 3 baths total; Full finished walk‑out basement; Year built 1920
