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Duplex with Finished Basement
For Sale
$559,900
Pending

79 Delmar Pl, Irvington, NJ 07111

MULTI_FAMILY - Irvington Twp., NJ

Property Size1,504 SF
Lot Size0.07 Acres
Days on Market64

Property Features for 79 Delmar Pl

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 5
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 2, Basement, Bedroom 3, Bedroom 4, Bathroom 2, Bedroom 1, Bedroom 5, Bathroom 1
Parking 4
Interior features Carbon Monoxide Detector
Lot features Level Lot
Directions Western Parkway to Delmar Place
Standard status Pending
Size 1,504 SF
Lot size 0.07 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 9507

Utilities

Sewer type Public Sewer
Heating system Hot Water(Heating), Baseboard
Water source Public

Building Details

Year built 1953
Floors in Building 2
Number of units 2
Roof type Shingle
Architectural style Other
Listing Agency: REALTY ONE GROUP LEGEND
Listed By: LUIS CRUZ · License #394135
Added: Jun 3 Changed: Aug 2 Last Checked: Aug 5 at 7:06PM
MLS# 4031899

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.

79 Delmar Pl is a well-maintained two-family duplex on a quiet residential street in Irvington Twp. The home offers a total of five bedrooms and three full bathrooms. The first-floor unit includes a living room, eat-in kitchen, and bedroom layout. The second unit spans multiple levels for added flexibility. A finished basement adds bonus space, including the home’s third full bathroom.

The property includes a private driveway, garage, and backyard. Utilities include public water and public sewer, with hot water heating and baseboard systems. The home has a shingle roof and an interior carbon monoxide detector.

Built in 1953 on a 0.07-acre lot, this duplex is positioned near major highways, public transportation, schools, parks, and shopping, supporting both owner-occupant and rental use.

Key Highlights

  • Two‑family duplex with five bedrooms and three full bathrooms
  • Finished basement includes the third full bathroom
  • Private driveway, garage, and backyard

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 $38.4k $25.56
− Vacancy −$2.5k −$1.65
EGI $36.0k $23.91
− OpEx −$10.8k −$7.17
NOI $25.2k $16.74
1,504 SF · lease $25.56/SF/yr · vacancy 6.46% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$359.6K
$314.6K – $419.5K (±1% cap)
NOI $25,171 @ 7.0% cap · market cap 4.50%
Second Best
Apartment 5plus
$330.4K
$289.1K – $385.5K (±1% cap)
NOI $23,129 @ 7.0% cap · market cap 4.13%
Theoretical Best
Office A
$392.7K
$343.6K – $458.2K (±1% cap)
NOI $27,491 @ 7.0% cap · market cap 4.91%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Parking Lot & Garage Acupuncture Cafe & Coffee Shop

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

Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,217
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Duplex - Well-maintained two-family duplex with five bedrooms, three full bathrooms, and a finished basement with added bathroom.
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‑family duplex with five bedrooms and three full bathrooms; Finished basement includes the third full bathroom; Private driveway, garage, and backyard
More about this property
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