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Duplex with Detached Garage
For Sale
$795,000

81 Union Street, East Rutherford, NJ 07073

2-4 Family, East Rutherford, NJ

Property Size2,156 SF
Price / SF$368.74
Days on Market51

Property Features for 81 Union Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Bathrooms 3
Full bathrooms 2
Half bathrooms 1
Rooms Bedroom 1, Bedroom 2, Bedroom 3, Basement, Bathroom 1, Bathroom 2, Bedroom 4, Bathroom 3
Basement Full
Subdivision East Rutherford
Standard status Active

Additional Details

Individually Metered Utilities unspecified utilities

Amenities

fenced backyard

Building Details

Buildings 1
Listing Agency: Keller Williams City Views Realty · Keller Williams Realty
Listed By: Farhan Yousufi · License #281797
Added: Sep 15 Changed: Nov 3 Last Checked: Nov 4 at 10:06AM
MLS# 26034714

Copyright © 2026 New Jersey MLS Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This two-family property contains 2,156 square feet, with two bedrooms, a living room, dining room, and bathroom in each residence. The finished basement has a legal half bath. A long driveway and detached two-car garage provide additional on-site parking, and the fenced backyard adds private outdoor space. The second-floor kitchen has been renovated, and the roof is four years old. Plumbing, electrical panels and wiring, and two boilers were updated two years ago.

Utilities are separate, although the property has one shared water meter. NJ Transit, Route 3, MetLife Stadium, and American Dream are nearby.

Key Highlights

  • Two residences, each with two bedrooms, a living room, dining room, and bathroom
  • 2,156 sq. ft. of building area
  • Finished basement with a legal half bath

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$36,083
Cap Rate
4.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$721,660 $721.7K
Cap Rate 7%
$515,471 $515.5K
Cap Rate 9%
$400,922 $400.9K
Market Conditions
NOI Build-Up for 2,156 SF
Gross rent
$55.1K $25.56/SF
− Vacancy
−$3.6K −$1.65/SF
EGI
$51.5K $23.91/SF
− OpEx
−$15.5K −$7.17/SF
NOI
$36.1K $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 Rate 5%
$721,660
Cap Rate 7%
$515,471
Cap Rate 9%
$400,922

Alternative Uses

Best Use
Multifamily LT 5
$515.5K
$451.0K – $601.4K (±1% cap)
NOI $36,083 @ 7.0% cap · market cap 4.54%
Second Best
Apartment 5plus
$473.6K
$414.4K – $552.6K (±1% cap)
NOI $33,155 @ 7.0% cap · market cap 4.17%
Theoretical Best
Office A
$563.0K
$492.6K – $656.8K (±1% cap)
NOI $39,408 @ 7.0% cap · market cap 4.96%
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
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Lease Details

2
Residential units
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,239
Businesses Nearby

Demographics for 07073, NJ

10,022
Population
4,325
Households
2.3
Avg Household Size
38
Median Age
45%
College-Educated
88%
High-School Grad
3.7 sq mi
ZIP Area
2,709
Density / Sq Mi
$91,789
Median Household Income
$59,221
Median Earnings
$1,867
Median Rent
$453,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Both residences have two bedrooms, while the property also includes a finished basement and separate utilities.
Where is this duplex located?
The property is located at 81 Union Street East Rutherford, NJ.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: Two residences, each with two bedrooms, a living room, dining room, and bathroom; 2,156 sq. ft. of building area; Finished basement with a legal half bath
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