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Duplex with Separate Studio
For Sale
$729,000

96 Compton Street, Belford, NJ 07718

Multi-Family, Belford, NJ

Property Size2,360 SF
Lot Size0.31 Acres
Price / SF$308.90
Days on Market8

Property Features for 96 Compton Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning description Residential, Multi-Family
Bedrooms 3
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 2, Bedroom 1, Bathroom 1, Bathroom 3, Basement, Bedroom 3, Bedroom 2
Parking 8
Parking features Oversize
Patio and Porch features Patio
Interior features Attic, Attic - Pull Down Strs
Exterior features Locked Storage, Lighting
Fencing Fenced
Basement Partially Finished
Subdivision Compton Park
Lot features Fenced Area, Level, Pond on Lot
Directions Main Street to Compton St
Standard status Active
APN 32-00287-0000-00016-01
Size 2,360 SF
Lot size 0.31 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 12002

Utilities

Sewer type Public Sewer
Heating system Forced Air
Cooling system Multi Units, Central Air
Water source Public

Amenities

Koi Pond
Screened Hot Tub Hut
Shed
Paved Patio
Central A/C
Forced Hot Air Heat
Laundry Room
Partially Finished Basement
Professionally Landscaped Grounds

Building Details

Year built 1918
Floors in Building 2
Number of units 2
Flooring type Wood, Laminate, Tile - Ceramic
Roof type Shingle
Additional Structures Storage
Listing Agency: Coldwell Banker Realty-Elevate
Listed By: Simon Resende Vassalo
Added: Oct 13 Changed: Oct 20 Last Checked: Oct 20 at 10:06AM
MLS# 22632359

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

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Investment Insights

Based on property information with market context.

This 2,360-square-foot, two-family property includes a renovated two-bedroom, one-bath first-floor apartment and a renovated one-bedroom, one-bath second-floor apartment. A separate studio has a full bath, kitchen, living and dining area, and sleeping alcove. The first-floor layout also includes a kitchen with breakfast area, formal dining room, living room, laundry room, and a partially finished basement with storage. Built in 1918, the property has forced-air heat, two central air-conditioning units, and a paved patio.

The 0.31-acre grounds include a stocked koi pond, a screened structure plumbed for a hot tub, and a storage shed. A ferry connection to Manhattan is described as 20 minutes away.

Key Highlights

  • Two‑family property with a separate studio, each with a full bathroom
  • Renovated first‑floor apartment has 2 bedrooms; second‑floor apartment has 1 bedroom
  • 2,360 square feet on a 0.31‑acre lot

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$39,497
Cap Rate
5.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$789,940 $789.9K
Cap Rate 7%
$564,243 $564.2K
Cap Rate 9%
$438,856 $438.9K
Market Conditions
NOI Build-Up for 2,360 SF
Gross rent
$60.3K $25.56/SF
− Vacancy
−$3.9K −$1.65/SF
EGI
$56.4K $23.91/SF
− OpEx
−$16.9K −$7.17/SF
NOI
$39.5K $16.74/SF
Area
Monmouth 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%
$789,940
Cap Rate 7%
$564,243
Cap Rate 9%
$438,856

Alternative Uses

Best Use
Multifamily LT 5
$564.2K
$493.7K – $658.3K (±1% cap)
NOI $39,497 @ 7.0% cap · market cap 5.42%
Second Best
Apartment 5plus
$518.5K
$453.7K – $604.9K (±1% cap)
NOI $36,292 @ 7.0% cap · market cap 4.98%
Theoretical Best
Office A
$616.2K
$539.2K – $719.0K (±1% cap)
NOI $43,137 @ 7.0% cap · market cap 5.92%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

244
Businesses Nearby

Demographics for 07718, NJ

6,210
Population
2,603
Households
2.4
Avg Household Size
41
Median Age
41%
College-Educated
95%
High-School Grad
2.1 sq mi
ZIP Area
2,957
Density / Sq Mi
$139,313
Median Household Income
$72,969
Median Earnings
$1,847
Median Rent
$490,100
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 - Renovated apartments include a two-bedroom residence and a one-bedroom unit, with a separate studio featuring a kitchen and full bath.
Where is this duplex located?
The property is located at 96 Compton Street Belford, NJ.
What is the asking price?
The asking price for this property is $729,000.
What are key features of this property?
This property features: Two‑family property with a separate studio, each with a full bathroom; Renovated first‑floor apartment has 2 bedrooms; second‑floor apartment has 1 bedroom; 2,360 square feet on a 0.31‑acre lot
More about this property
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