Rehabilitated Duplex with
For Sale
$349,911
1317 S 10TH Street, Camden, NJ 08104
Multi-Family, CAMDEN, NJ
Property Size1,760 SF
Lot Size0.04 Acres
Price / SF$198.81
Days on Market93
Property Features for 1317 S 10TH Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking features
On Street
Appliances
Oven/Range - Gas, Refrigerator
Elementary school district
CAMDEN CITY SCHOOLS
Middle school district
CAMDEN CITY SCHOOLS
High school district
CAMDEN CITY SCHOOLS
Standard status
Active
Size
1,760 SF
Lot size
0.04 Acres
Taxes and HOA fees
Tax Annual Amount
2064
Utilities
Heating system
Forced Air
Building Details
Year built
1910
Number of units
2
Building materials
Brick
Architectural style
Other
Listing Agency:
Garden State Properties Group - Merchantville
(856) 665-1234
Listed By:
Tito B Santiago III · License #9032851
(215) 280-6538
Added: Jun 12
Changed: Sep 2
Last Checked: Sep 12 at 3:06PM
MLS# NJCD2120062
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 brick duplex at 1317 S 10TH Street provides 1,760 square feet on a 0.0436-acre lot. The first floor contains three bedrooms, while the second floor has two bedrooms. A full, dry basement with high ceilings offers additional finish potential. Recent improvements include rehabilitation completed 2 years ago, vinyl siding installed 2 years ago, insulated vinyl double-hung windows, and a new sewer pipe installed 2 years ago.
The property is tenant occupied and includes a gas forced-air heating system, a gas water heater, an oven/range, and a refrigerator. Parking is available on the street, with a good-sized backyard behind the building. The sale is offered as-is, and the buyer is responsible for obtaining the certificate of occupancy.
The property is tenant occupied and includes a gas forced-air heating system, a gas water heater, an oven/range, and a refrigerator. Parking is available on the street, with a good-sized backyard behind the building. The sale is offered as-is, and the buyer is responsible for obtaining the certificate of occupancy.
Key Highlights
- Duplex with 3 bedrooms on the first floor and 2 bedrooms on the second floor
- 1,760 square feet on a 0.0436‑acre lot
- Full, dry, high‑ceiling basement with finish potential
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$20,016
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.72%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$400,320
$400.3K
Cap Rate 7%
$285,943
$285.9K
Cap Rate 9%
$222,400
$222.4K
Market Conditions
NOI Build-Up for 1,760 SF
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.
Gross rent
$30.2K $17.16/SF
− Vacancy
−$1.6K −$0.91/SF
EGI
$28.6K $16.25/SF
− OpEx
−$8.6K −$4.87/SF
NOI
$20.0K $11.37/SF
Area
Camden County, NJ
Vacancy
5.32%
Lease Rate
$17.16 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$400,320
Cap Rate 7%
$285,943
Cap Rate 9%
$222,400
Alternative Uses
Best Use
Multifamily LT 5
$285.9K
$250.2K – $333.6K
NOI $20,016 @ 7.0% cap · market cap 5.72%
Second Best
Apartment 5plus
$255.3K
$223.4K – $297.9K
NOI $17,874 @ 7.0% cap · market cap 5.11%
Theoretical Best
Office A
$446.3K
$390.5K – $520.6K
NOI $31,238 @ 7.0% cap · market cap 8.93%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,166
Businesses Nearby
Explore this area
Business Placement
Demographics for 08104, NJ
21,951
Population
9,821
Households
2.2
Avg Household Size
32
Median Age
9%
College-Educated
79%
High-School Grad
3.0 sq mi
ZIP Area
7,317
Density / Sq Mi
$36,566
Median Household Income
$28,330
Median Earnings
$1,105
Median Rent
$87,600
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
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Frequently Asked Questions
What type of property is this?
Duplex - Tenant-occupied duplex with three-bedroom and two-bedroom floor layouts in Camden, New Jersey.
Where is this duplex located?
The property is located at 1317 S 10TH Street Camden, NJ.
What is the asking price?
The asking price for this property is $349,911.
What are key features of this property?
This property features: Duplex with 3 bedrooms on the first floor and 2 bedrooms on the second floor; 1,760 square feet on a 0.0436‑acre lot; Full, dry, high‑ceiling basement with finish potential
