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    11 W Cedar Ave Oaklyn, NJ 08107

    View on Map
    Sponsored
    For Sale
    Under Contract
    $348,000

    MULTI_FAMILY - Bungalow - OAKLYN, NJ

    Property size:
    1,352 SF
    Lot size:
    0.11 Acres
    Days on Market:
    9
    Last Refresh:
    Mar 10 at 2:06 am

    Property Features for 11 W Cedar Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active Under Contract
    Rooms
    Basement, Dining Room
    Parking
    5
    Parking features
    Off Street, Driveway
    Interior features
    Ceiling Fan(s), Kitchen - Eat-In, Bathroom - Tub Shower, Bathroom - Stall Shower, Breakfast Area, Carpet, Combination Dining/Living, Combination Kitchen/Dining, Dining Area, Entry Level Bedroom, Kitchen - Table Space
    Appliances
    Dryer, Oven/Range - Gas, Refrigerator, Washer, WaterHeater
    Size
    1,352 SF
    Lot size
    0.11 Acres

    Utilities

    Heating system
    Central, Forced Air
    Cooling system
    Wall Unit(s), Central Air

    Building Details

    Year built
    1920
    Number of units
    2
    Building materials
    Frame, Vinyl Siding
    Architectural style
    Bungalow

    We can help!

    Listing Contact
    Ines De La Cruz

    eXp Realty, LLC (866) 201-6210

    Listing agent Ines De La Cruz (856) 396-6529 License #9909296

    Listing date Mar 1, 2026

    MLS# NJCD2109302 Listing URL

    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.

    Learn more

    Property Insight Report

    Overview

    Oaklyn Duplex: Investment or Owner-Occupancy

    This multi-family property in Oaklyn, NJ, presents an opportunity for investors or owner-occupants. The property features two units with separate utilities. The first-floor unit, recently vacated and previously rented for $2,000, includes central air, a living room, a dining room, laminate flooring in the main living areas and primary bedroom, an eat-in kitchen with wood cabinets, a gas stove, backsplash, and access to a side deck. The second bedroom has wall-to-wall carpet. The updated bathroom features tile accents, new fixtures, and hardware. A washer and dryer are included for the first-floor unit's use, along with access to a large backyard. The second-floor unit, currently rented for $1,190, contains two bedrooms, a kitchen, and a bathroom with tile finishes. The tenant would like to stay. The property includes a driveway with parking for multiple cars and is located within walking distance of White Horse Pike (Route 30), offering access to shopping, dining, parks, schools, and public transportation. It is also a short drive to the SpeedLine train to Philadelphia. Located on a one-way street, the property sits on a 0.11-acre lot. The property size is 1352 square feet.
    Property Profile Insight Report 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 Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Oaklyn
    County
    Camden
    State
    New Jersey
    Longitude
    -75.07504272
    Latitude
    39.89850235

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    FAQs

    What type of property is this?
    Duplex - Desirable Oaklyn duplex with rental income potential.
    Where is this duplex located?
    The property is located at 11 W Cedar Ave Oaklyn, NJ.
    What is the asking price?
    The asking price for this property is $348,000.
    What are key features of this property?
    This property features: - Duplex with potential for immediate rental income: Downstairs unit previously rented for $2,000/month; upstairs currently rented for $1,190/month.; - Desirable Oaklyn, NJ location: Walking distance to White Horse Pike (Route 30) with shopping, dining, parks, schools, and public transportation; short drive to SpeedLine train to Philadelphia.; - Separate utilities for each unit: Enhances investment appeal and simplifies management.
    (609) 313-8518
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    11 W Cedar Ave Oaklyn, NJ 08107
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    Oaklyn, NJ 08107
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    11 W Cedar Ave Oaklyn, NJ 08107
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    We can help!
    Listing Contact
    Ines De La Cruz
    Real Estate License ID: 9909296
    (609) 313-8518 (856) 396-6529
    Learn more
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