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    Landisville Duplex Investment Opportunity Title is generated by Realmo AI

    104 N Franklin Street, Landisville, NJ 08326

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    Claim this Listing
    For Sale
    $375,000

    MULTI_FAMILY - Landisville, NJ

    Property size:
    2,048 SF
    Lot size:
    0.34 Acres
    Price / SF:
    $183/SF
    Added:
    Apr 29, 2026
    Days on Market:
    54
    Last Refresh:
    Jun 21 at 12:06 am

    Property Features for 104 N Franklin Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Rooms
    Basement
    Basement
    Full
    Standard status
    Active
    APN
    04-00135-0000-00007
    Size
    2,048 SF
    Lot size
    0.34 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    5037

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Building Details

    Year built
    1920
    Floors in Building
    2
    Number of units
    2

    We can help!

    Listing Contact
    David Kandel

    Listing agent David Kandel License #1969173

    Listing office HomeSmart First Advantage 4338 Route 9 S, Cherry Hill, NJ

    Listing date Apr 29, 2026

    MLS# 22612125 Listing URL

    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.

    HighLights

    • Duplex: Income‑producing investment opportunity.
    • Turn‑key 2BR, 1BA unit (104A) with potential rental income (previously $1775/month).
    • Second unit (104B) is a 3BR, 1BA, currently rented at $1375/month until 5/31/2026.
    • Separate utilities for each unit (except water/sewer).
    • Huge backyard.
    • Basement with outside access.

    Overview

    This duplex in Landisville, NJ, presents an investment opportunity. Unit 104A, located on the first floor, is a 2-bedroom, 1-bathroom unit that is currently vacant; the prior rent was $1775 per month, with the tenant responsible for utilities. Unit 104B, situated on the second floor, features 3 bedrooms and 1 bathroom and is currently rented for $1375 per month, with the tenant vacating on 5/31/2026. The property includes a basement with outside access only. All utilities are separate, except for water and sewer. A gas service connection is available in the street. The lot size is 0.34 acres. The backyard is large. The property is being sold in As-Is condition, with the buyer responsible for all certifications, inspections, and repairs. The property size is 2048 square feet.

    Local 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 $35.6k $17.40
    − Vacancy −$2.3k −$1.13
    EGI $33.3k $16.27
    − OpEx −$10.0k −$4.88
    NOI $23.3k $11.39
    2,048 SF · lease $17.40/SF/yr · vacancy 6.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $333.2K
    $291.5K – $388.7K (±1% cap)
    NOI $23,323 @ 7.0% cap · market cap 6.22%
    Second Best
    Apartment 5plus
    $292.9K
    $256.3K – $341.7K (±1% cap)
    NOI $20,500 @ 7.0% cap · market cap 5.47%
    Theoretical Best
    Warehouse
    $762.7K
    $667.3K – $889.8K (±1% cap)
    NOI $53,386 @ 7.0% cap · market cap 14.24%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Landisville
    County
    Atlantic
    State
    New Jersey
    Longitude
    -74.941754
    Latitude
    39.524799

    FAQs

    What type of property is this?
    Duplex - Income-producing duplex with tenant in place and development potential.
    Where is this duplex located?
    The property is located at 104 N Franklin Street Landisville, NJ.
    What is the asking price?
    The asking price for this property is $375,000.
    What are key features of this property?
    This property features: Duplex: Income‑producing investment opportunity.; Turn‑key 2BR, 1BA unit (104A) with potential rental income (previously $1775/month).; Second unit (104B) is a 3BR, 1BA, currently rented at $1375/month until 5/31/2026.
    (732) 352-1000
    We can help!
    Listing Contact
    David Kandel
    Real Estate License ID: 1969173
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