Renovated Three-Bedroom Twin
For Sale
$269,900
Pending
229 BROAD STREET, Swedesboro, NJ 08085
SINGLE_FAMILY - SWEDESBORO, NJ
Property Size1,244 SF
Days on Market34
Property Features for 229 BROAD STREET
General Information
Property type
Residential
Property subtype
Duplex
Bedrooms
3
Bathrooms
1
Full bathrooms
1
Rooms
Bedroom 2, Bedroom 1, Bedroom 3
Subdivision
NONE AVAILABLE
High school
KINGSWAY REGIONAL
Standard status
Pending
Size
1,244 SF
Building Details
Year built
1940
Listing Agency:
BHHS Fox & Roach Mullica Hill · Berkshire Hathaway HomeServices
(856) 343-6000
Listed By:
Patricia Settar · License #9588448
(856) 297-5790
Added: Jun 28
Changed: Jul 28
Last Checked: Jul 31 at 9:06PM
MLS# NJGL2075208
Copyright © 2026 Berkshire Hathaway HomeServices Fox & Roach, Realtors. 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 completely renovated three-bedroom, one-bath twin home offers approximately 1,244 square feet of move-in ready living space. The property features a finished enclosed front porch, bright living and dining areas, and an updated kitchen with stainless steel appliances and refreshed cabinetry. Upstairs, there are three generously sized bedrooms and a beautifully updated full bath, along with a custom staircase railing. The third floor includes a flexible bonus room suitable for additional living or workspace uses.
Significant improvements include a full renovation completed in 2018 with a new HVAC system and ductwork, along with additional updates completed in 2026. The roof is two years old. An unfinished basement provides storage, and a side driveway offers off-street parking for two vehicles. Outside, there is an easy-to-maintain yard with fencing for separation from the neighboring property.
Located in Swedesboro, the home is described as being within walking distance of historic downtown, including local dining and shopping options and Swedesboro Lake Park.
Significant improvements include a full renovation completed in 2018 with a new HVAC system and ductwork, along with additional updates completed in 2026. The roof is two years old. An unfinished basement provides storage, and a side driveway offers off-street parking for two vehicles. Outside, there is an easy-to-maintain yard with fencing for separation from the neighboring property.
Located in Swedesboro, the home is described as being within walking distance of historic downtown, including local dining and shopping options and Swedesboro Lake Park.
Key Highlights
- 3‑bedroom, 1‑bath twin with 1,244 SF of move‑in ready living, built in 1940
- Renovated in 2018 with new HVAC system and ductwork; additional updates completed in 2026
- Roof is about 2 years old; refreshed interior includes neutral paint and luxury vinyl plank flooring plus new carpeting
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 | $24.6k | $19.80 |
| − Vacancy | −$1.3k | −$1.03 |
| EGI | $23.4k | $18.77 |
| − OpEx | −$7.0k | −$5.63 |
| NOI | $16.3k | $13.14 |
1,244 SF · lease $19.80/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$233.5K
$204.3K – $272.4K
NOI $16,345 @ 7.0% cap · market cap 6.06%
Second Best
Apartment 5plus
$207.7K
$181.8K – $242.3K
NOI $14,540 @ 7.0% cap · market cap 5.39%
Theoretical Best
Office A
$418.2K
$365.9K – $487.9K
NOI $29,271 @ 7.0% cap · market cap 10.85%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
358
Businesses Nearby
Explore this area
Business Placement
Demographics for 08085, NJ
21,274
Population
7,424
Households
2.9
Avg Household Size
38
Median Age
46%
College-Educated
93%
High-School Grad
44.5 sq mi
ZIP Area
478
Density / Sq Mi
$137,028
Median Household Income
$62,121
Median Earnings
$1,856
Median Rent
$351,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Completely renovated three-bedroom, one-bath twin with an enclosed front porch, updated kitchen, and off-street parking.
Where is this duplex located?
The property is located at 229 BROAD STREET Swedesboro, NJ.
What is the asking price?
The asking price for this property is $269,900.
What are key features of this property?
This property features: 3‑bedroom, 1‑bath twin with 1,244 SF of move‑in ready living, built in 1940; Renovated in 2018 with new HVAC system and ductwork; additional updates completed in 2026; Roof is about 2 years old; refreshed interior includes neutral paint and luxury vinyl plank flooring plus new carpeting
