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Two-Unit Duplex with Detached Garage
For Sale
$795,000

81 Union St, East Rutherford, NJ 07073

Residential Income, East Rutherford, NJ

Property Size2,156 SF
Lot Size0.09 Acres
Price / SF$368.74
Days on Market54

Property Features for 81 Union St

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description Multi-Family
Bedrooms 4
Bathrooms 3
Full bathrooms 2
Half bathrooms 1
Rooms Bathroom 1, Bathroom 3, Bedroom 3, Bedroom 1, Bathroom 2, Bedroom 2, Bedroom 4
Parking features Driveway
Standard status Active
Size 2,156 SF
Lot size 0.09 Acres

Taxes and HOA fees

Tax Annual Amount 9348

Utilities

Heating system Natural Gas

Amenities

fenced backyard

Building Details

Year built 1930
Floors in Building 2
Flooring type Hardwood, Marble
Listing Agency: KELLER WILLIAMS CITY VIEWS REALTY · Keller Williams Realty
Listed By: Rosa Daza
Added: Sep 12 Changed: Nov 1 Last Checked: Nov 4 at 7:06AM
MLS# 12008989

Copyright © 2026 My State MLS. 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 2,156-square-foot duplex, built in 1930, contains two residences, each with two bedrooms, a living room, a dining room, and an updated bathroom. A finished basement includes a legal half bath. The property also has a long driveway, a detached two-car garage, and a fenced backyard on a 0.0925-acre lot.

Plumbing, electrical panels and wiring, and two boilers were replaced two years ago. The second-floor kitchen was renovated, and the roof is four years old. The residences have separate utilities, with one shared water meter.

The property is near NJ Transit, Route 3, MetLife Stadium, and American Dream.

Key Highlights

  • Two residences, each with two bedrooms, a living room, a dining room, and an updated bathroom
  • 2,156 sq. ft. duplex on a 0.0925‑acre lot
  • Detached two‑car garage and long driveway

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
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, and the property has separate utilities with a shared water meter.
Where is this duplex located?
The property is located at 81 Union St 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, a dining room, and an updated bathroom; 2,156 sq. ft. duplex on a 0.0925‑acre lot; Detached two‑car garage and long driveway
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