2707 WESTFIELD Avenue, Camden, NJ 08105
MULTI_FAMILY - Other - CAMDEN, NJ
- Added:
- Mar 31, 2025
- Days on Market:
- 454
- Last Refresh:
- Jun 27 at 3:06 pm
Property Features for 2707 WESTFIELD Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- On Street
- Standard status
- Active
- Size
- 2,000 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Annual Amount
- 6577
Utilities
- Heating system
- Baseboard, Electric (Heating)
- Cooling system
- Window Unit(s)
Building Details
- Year built
- 1900
- Number of units
- 4
- Building materials
- Brick
- Architectural style
- Other
Listing agent Patrick M Gorman License #340986 (856) 200-8320
Listing office Keller Williams - Main Street 983 Haddon Avenue, Collingswood or Haddon Heights, NJ (856) 858-2200
Listing date Mar 31, 2025
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
- Mixed‑use property with commercial space currently occupied by a vape shop plus multiple 1BD/1BTH apartments
- 2707 Westfield includes three 1BD/1BTH apartments, all currently rented
- 2709 Westfield offers four 1BD/1BTH apartments (three currently occupied), with Unit D providing basement access
- Brick construction with baseboard and electric heating, plus window unit cooling
- On‑street parking and a small fenced backyard
- Year built: 1900
Overview
The building is positioned in the Westfield Business District in the Cramer Hill section of Camden. The remarks note that one of the referenced units provides basement access. The seller indicates the property can be purchased separately or as a package, and a next proposed group showing is listed as TBD (not an open house).
For a buyer seeking income-producing space with both retail and residential components, the current configuration provides on-site diversification between an operating commercial tenant and multiple apartments. The apartment mix is consistent, with all units identified as 1BD/1BTH. If you are considering an owner-occupant setup, the presence of an active retail storefront alongside the rented units may support flexibility while keeping day-to-day occupancy in place. The offering also references an adjacent property at 2709 Westfield with four 1BD/1BTH apartments, with unit details described in the remarks.
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 | $34.3k | $17.16 |
| − Vacancy | −$1.8k | −$0.91 |
| EGI | $32.5k | $16.25 |
| − OpEx | −$9.7k | −$4.87 |
| NOI | $22.7k | $11.37 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Camden
- County
- Camden
- State
- New Jersey
- Longitude
- -75.0869064
- Latitude
- 39.9471855
