Two-Unit Duplex
104 NEW JERSEY Avenue NW Glen Burnie, MD 21061
For Sale
$415,000
MULTI_FAMILY - Cape Cod - GLEN BURNIE, MD
Property Size1,088 SF
Lot Size0.17 Acres
Price / SF$381.43
Days on Market92
Property Features for 104 NEW JERSEY Avenue NW
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking features
On Street
Standard status
Active
Size
1,088 SF
Lot size
0.17 Acres
Taxes and HOA fees
Tax Annual Amount
3184
Utilities
Heating system
Baseboard, Electric (Heating), Forced Air
Cooling system
Multi Units
Building Details
Year built
1953
Number of units
1
Building materials
Cement Siding
Architectural style
Cape Cod
Listing Agency:
Douglas Realty LLC
(410) 255-3690
Listed By:
Jeffrey D Adlington · License #521623
(410) 491-5222
Added: Apr 30
Changed: Jul 13
Last Checked: Jul 30 at 12:06AM
MLS# MDAA2136430
Copyright © 2026 Bright MLS. 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.
This Cape Cod-style duplex is a licensed two-unit property with each unit configured as two bedrooms and one bathroom. The lower unit includes a living room, dining room, and kitchen, while the upper unit includes a living room and kitchen. Both units were rehabbed within the past two years, and the listing states all permits and licenses are up to date. Current tenancy is split, with one lease described as month-to-month and the other running for a term that ends 9/26.
The property is located at 104 NEW JERSEY Avenue NW in Glen Burnie, Maryland. The remarks note it is close to light rail and offers easy access to BWI, which may be useful for tenant commuting and day-to-day convenience.
With two separate rental units under current occupancy, the duplex can suit buyers looking for a residential income setup with existing apartment layouts and recent rehabilitation. The listing also indicates the sale is part of a 1031 exchange, with the exchange property already designated. The reported combined monthly income is $3,150, based on the current lease status described in the remarks.
The property is located at 104 NEW JERSEY Avenue NW in Glen Burnie, Maryland. The remarks note it is close to light rail and offers easy access to BWI, which may be useful for tenant commuting and day-to-day convenience.
With two separate rental units under current occupancy, the duplex can suit buyers looking for a residential income setup with existing apartment layouts and recent rehabilitation. The listing also indicates the sale is part of a 1031 exchange, with the exchange property already designated. The reported combined monthly income is $3,150, based on the current lease status described in the remarks.
Key Highlights
- Licensed 2‑unit multi‑family property in Cape Cod style built in 1953
- Both units were rehabbed within the past 2 years
- Lower unit: 2 bed/1 bath with living room, dining room, and kitchen
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 | $24.2k | $22.20 |
| − Vacancy | −$1.6k | −$1.44 |
| EGI | $22.6k | $20.76 |
| − OpEx | −$6.8k | −$6.23 |
| NOI | $15.8k | $14.53 |
1,088 SF · lease $22.20/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$225.8K
$197.6K – $263.5K
NOI $15,809 @ 7.0% cap · market cap 3.81%
Second Best
Apartment 5plus
$209.8K
$183.6K – $244.7K
NOI $14,684 @ 7.0% cap · market cap 3.54%
Theoretical Best
Office A
$318.3K
$278.5K – $371.3K
NOI $22,279 @ 7.0% cap · market cap 5.37%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Rehabbed two-unit duplex with two 2BR/1BA apartments and updated permits, near light rail and with easy BWI access.
Where is this duplex located?
The property is located at 104 NEW JERSEY Avenue NW Glen Burnie, MD.
What is the asking price?
The asking price for this property is $415,000.
What are key features of this property?
This property features: Licensed 2‑unit multi‑family property in Cape Cod style built in 1953; Both units were rehabbed within the past 2 years; Lower unit: 2 bed/1 bath with living room, dining room, and kitchen
