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    Two-Unit Duplex on Corner Lot Title is generated by Realmo AI

    1677 TINSMAN Avenue, Pennsauken, NJ 08110

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    Claim this Listing
    New
    For Sale
    $389,900

    MULTI_FAMILY - Colonial - PENNSAUKEN, NJ

    Property size:
    2,310 SF
    Lot size:
    0.22 Acres
    Price / SF:
    $168/SF
    Added:
    Jun 27, 2026
    Days on Market:
    1
    Last Refresh:
    Jun 27 at 2:06 pm

    Property Features for 1677 TINSMAN Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Rooms
    Basement
    Parking
    4
    Parking features
    Garage - Detached, Driveway
    Interior features
    Ceiling Fan(s)
    Fireplace
    1
    Appliances
    Built-In Microwave, Built-In Range, Washer/Dryer Stacked, Water Heater - Tankless
    Standard status
    Active
    Size
    2,310 SF
    Lot size
    0.22 Acres

    Taxes and HOA fees

    Tax Annual Amount
    7969

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1926
    Number of units
    2
    Building materials
    Block, Frame, Rough-In Plumbing, Vinyl Siding
    Architectural style
    Colonial

    We can help!

    Contact an agent
    Gary Peze

    Listing agent Gary Peze License #7861779

    Listing office Peze & Associates 2905 Haddonfield Road, Pennsauken, NJ

    Listing date Jun 27, 2026

    MLS# NJCD2120554 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.

    HighLights

    • Income‑producing duplex on a 100' x 100' corner lot in Pennsauken with two separately metered units
    • Tenants pay their own gas, electric, and heating expenses; current gross income is $33,600 annually
    • 1st‑floor unit: 3 bedrooms, 2 full baths, gas heat, central air, washer/dryer, microwave, refrigerator; current rent $1,400/mo plus utilities
    • 2nd‑floor unit: 3 bedrooms, 1 full bath, gas heat, central air, private side entrance, access to patio balcony; rent $1,200/mo through Oct 31 plus $200/mo for garage
    • Detached garage and side yard concrete driveway for parking 2 vehicles
    • Built in 1926 (Colonial) with forced‑air heating, central air, tankless water heater, and ceiling fans

    Overview

    This income-producing duplex is situated on a spacious corner lot and provides two separately metered units. The first-floor unit includes 3 bedrooms and 2 full baths, with some hardwood flooring, gas heat, central air, and in-unit conveniences including a washer and dryer, microwave, and refrigerator. The unit also features an open front porch and basement access.

    The second-floor unit offers 3 bedrooms and 1 full bath, gas heat, and central air, along with a private side entrance. It also includes access to a patio balcony. Both units are positioned for practical day-to-day living, and tenants are responsible for their own gas, electric, and heating expenses.

    Parking and exterior access are supported by a side yard concrete driveway designed to accommodate two vehicles, along with a garage that is noted as part of the second-floor unit arrangement. The property is currently occupied under existing leases, and recorded rents are provided with utility responsibility as described in the remarks. This duplex configuration may appeal to investors or owner-occupants looking for straightforward two-unit separation with tenant-paid utilities and established unit layouts.

    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 $39.6k $17.16
    − Vacancy −$2.1k −$0.91
    EGI $37.5k $16.25
    − OpEx −$11.3k −$4.87
    NOI $26.3k $11.37
    2,310 SF · lease $17.16/SF/yr · vacancy 5.32% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $375.3K
    $328.4K – $437.9K (±1% cap)
    NOI $26,272 @ 7.0% cap · market cap 6.74%
    Second Best
    Apartment 5plus
    $335.1K
    $293.2K – $391.0K (±1% cap)
    NOI $23,459 @ 7.0% cap · market cap 6.02%
    Theoretical Best
    Office A
    $585.7K
    $512.5K – $683.3K (±1% cap)
    NOI $41,000 @ 7.0% cap · market cap 10.52%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Pennsauken
    County
    Camden
    State
    New Jersey
    Longitude
    -75.0666122
    Latitude
    39.9622459

    FAQs

    What type of property is this?
    Duplex - Well-maintained duplex offers two separately metered units on a corner lot with dedicated parking access.
    Where is this duplex located?
    The property is located at 1677 TINSMAN Avenue Pennsauken, NJ.
    What is the asking price?
    The asking price for this property is $389,900.
    What are key features of this property?
    This property features: Income‑producing duplex on a 100' x 100' corner lot in Pennsauken with two separately metered units; Tenants pay their own gas, electric, and heating expenses; current gross income is $33,600 annually; 1st‑floor unit: 3 bedrooms, 2 full baths, gas heat, central air, washer/dryer, microwave, refrigerator; current rent $1,400/mo plus utilities
    More about this property
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