Duplex with Finished
For Sale
$559,900
79 Delmar Pl, Irvington, NJ 07111
Two separate living units are complemented by a private driveway, garage, and backyard.
Property Size1,504 SF
Price / SF$372.27
Days on Market15
Property Features for 79 Delmar Pl
General Information
Standard status
Active
Size
1,504 SF
Property subtype
Multi-Family
Site & Location
Highway Access
Yes
Road Access
Yes
Public Transit
Yes
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$9,507
Amenities
private driveway
garage
backyard
Finished,Full
Gas-Natural
4
5
1
2
Carbon Monoxide Detector,Microwave Oven,Range/Oven - Gas,Refrigerator
3
Carbon Monoxide Detector
1.0
Bedrooms,Eat-In Kitchen,Living/Dining Room
Attic,Bedrooms,Eat-In Kitchen,Living/Dining Room
No
Level Lot
Public Water
31 X 100
0.07
1504
Vinyl Siding
Building Details
Building Size
1,504 SF
Year Built
1953
Listing Agency:
REALTY ONE GROUP LEGEND
(908) 224-5438
Listed By:
Shannon Sklodowksy
Source:
Haven
Added: Oct 21
Changed: Nov 3
Last Checked: Nov 4 at 7:38AM
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 ONE GROUP LEGEND
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Investment Insights
Based on property information with market context.
This 1,504-square-foot duplex in Irvington contains two residential units with a combined five bedrooms and three full bathrooms. The first-floor unit has a living room and eat-in kitchen; the second unit occupies multiple levels. A finished basement adds space and includes the third full bathroom. The property also has a private driveway, garage, and backyard.
Built in 1953, the home sits on a 0.07-acre lot measuring 31 X 100. Major highways, public transportation, schools, parks, and shopping are nearby.
Built in 1953, the home sits on a 0.07-acre lot measuring 31 X 100. Major highways, public transportation, schools, parks, and shopping are nearby.
Key Highlights
- Two‑unit property with 5 bedrooms and 3 full bathrooms
- 1,504 square feet of building area
- Finished basement with a full bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,171
Cap Rate
4.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$503,420
$503.4K
Cap Rate 7%
$359,586
$359.6K
Cap Rate 9%
$279,678
$279.7K
Market Conditions
NOI Build-Up for 1,504 SF
Gross rent
$38.4K $25.56/SF
− Vacancy
−$2.5K −$1.65/SF
EGI
$36.0K $23.91/SF
− OpEx
−$10.8K −$7.17/SF
NOI
$25.2K $16.74/SF
Area
Essex 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%
$503,420
Cap Rate 7%
$359,586
Cap Rate 9%
$279,678
Alternative Uses
Best Use
Multifamily LT 5
$359.6K
$314.6K – $419.5K
NOI $25,171 @ 7.0% cap · market cap 4.50%
Second Best
Apartment 5plus
$330.4K
$289.1K – $385.5K
NOI $23,129 @ 7.0% cap · market cap 4.13%
Theoretical Best
Office A
$392.7K
$343.6K – $458.2K
NOI $27,491 @ 7.0% cap · market cap 4.91%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,746
Businesses Nearby
Explore this area
Business Placement
Demographics for 07111, NJ
61,176
Population
24,176
Households
2.5
Avg Household Size
36
Median Age
22%
College-Educated
86%
High-School Grad
2.9 sq mi
ZIP Area
21,095
Density / Sq Mi
$59,232
Median Household Income
$37,640
Median Earnings
$1,324
Median Rent
$291,500
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 separate living units are complemented by a private driveway, garage, and backyard.
Where is this duplex located?
The property is located at 79 Delmar Pl Irvington, NJ.
What is the asking price?
The asking price for this property is $559,900.
What are key features of this property?
This property features: Two‑unit property with 5 bedrooms and 3 full bathrooms; 1,504 square feet of building area; Finished basement with a full bathroom
