134 W SOMERDALE Road, Somerdale, NJ 08083
MULTI_FAMILY - SOMERDALE, NJ
- Added:
- Jun 30, 2026
- Days on Market:
- 3
- Last Refresh:
- Jul 2 at 9:06 am
Property Features for 134 W SOMERDALE Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking
- 2
- Parking features
- Driveway, Garage - Attached
- Standard status
- Active
- Size
- 2,831 SF
- Lot size
- 0.81 Acres
Taxes and HOA fees
- Tax Annual Amount
- 8833
Utilities
- Heating system
- Hot Water(Heating), Baseboard
- Cooling system
- Window Unit(s)
Building Details
- Year built
- 1926
- Number of units
- 1
- Building materials
- Frame
Listing agent Cabrina M Johnson License #1538851 (856) 827-1675
Listing office Keller Williams - Main Street 983 Haddon Avenue, Collingswood or Haddon Heights, NJ (856) 858-2200
Listing date Jun 30, 2026
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.
HighLights
- Legal triplex built in 1926 with 3 units total
- Each unit has 2 bedrooms and 1 full bath
- In‑unit washer and dryer in each unit
- Annual gross rental income of $66,000
- 0.81‑acre lot with attached two‑car garage and driveway parking
- Windows AC units; hot water heating and baseboard heat
Overview
The triplex is situated on an oversized 0.81-acre lot and is positioned near major highways and local conveniences. The surrounding area includes shopping and dining options, and the PATCO Speedline is noted as nearby, supporting everyday accessibility.
This is a turnkey, fully occupied multifamily property designed for buyers seeking immediate rental operations. With three separate residential units already in place, it offers an income-producing setup with an annual gross rental income of $66,000 as provided in the remarks. For tenants, the in-unit laundry and recently updated interiors are practical day-to-day benefits. For investors, the current occupancy and stated limited near-term capital needs make the asset straightforward to evaluate and operate within a residential income strategy.
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 | $48.6k | $17.16 |
| − Vacancy | −$2.6k | −$0.91 |
| EGI | $46.0k | $16.25 |
| − OpEx | −$13.8k | −$4.87 |
| NOI | $32.2k | $11.37 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Somerdale
- County
- Camden
- State
- New Jersey
- Longitude
- -75.0213013
- Latitude
- 39.8432694
