Versatile Duplex in Bordentown,
360 FARNSWORTH Avenue, Bordentown, NJ 08505
MULTI_FAMILY - BORDENTOWN, NJ
Property size:
2,688 SFLot size:
0.03 AcresPrice / SF:
$196/SF- Added:
- May 15, 2026
- Days on Market:
- 19
- Last Refresh:
- Jun 2 at 10:06 am
Property Features for 360 FARNSWORTH Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking features
- On Street
- Interior features
- Crown Moldings, Ceiling Fan(s), Bathroom - Tub Shower
- Appliances
- Built-In Microwave, Dishwasher, Oven/Range - Gas, Refrigerator, WaterHeater
- Standard status
- Active
- Size
- 2,688 SF
- Lot size
- 0.03 Acres
Taxes and HOA fees
- Tax Annual Amount
- 8137
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1860
- Number of units
- 2
- Building materials
- Brick
Listing agent Kimberly Rock License #0999803 (215) 650-7007
Listing office Keller Williams Real Estate-Langhorne 584 Middletown Boulevard unit: A50, Langhorne, NJ (215) 757-6100
Listing date May 15, 2026
MLS# NJBL2111932
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
- Versatile duplex in a prime location on Bordentown's Restaurant Row.
- Strong income potential for investors or owner‑occupants.
- Two spacious units, each with 2 bedrooms and 1 full bath.
- Renovated first‑floor unit featuring an eat‑in kitchen and private patio.
- Convenient access to Route 130, I‑295, and the NJ Turnpike.
- New water heater.
Overview
This versatile duplex, situated in the heart of Bordentown's Restaurant Row, presents an excellent opportunity for investors and owner-occupant 'house hackers'. The property features two spacious units, each offering 2 bedrooms and 1 full bath with unique multi-level layouts that provide added space, privacy, and functionality. The renovated first-floor unit spans two levels and features an eat-in kitchen, a spacious living room, and a dining room on the main level. Upstairs, the bedrooms and full bathroom create a comfortable and private living space. This unit also includes a spacious patio and access to the basement for extra storage. The second unit also offers a two-level layout. The first level includes a bedroom currently being used for storage, while the upper level features the second bedroom, a spacious kitchen, and a comfortable living room area. Recent upgrades include a new water heater. Ideally located in the heart of Bordentown, the property offers an abundance of restaurants and shopping and is close to Route 130, I 295, and the NJ Turnpike for easy commuting. The property, with a lot size of 0.034 acres and a property size of 2688 square feet, offers flexibility and strong income potential with one of the best locations in all of Bordentown. It is located in BURLINGTON County, New Jersey.
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 | $58.1k | $21.60 |
| − Vacancy | −$3.0k | −$1.13 |
| EGI | $55.0k | $20.47 |
| − OpEx | −$16.5k | −$6.14 |
| NOI | $38.5k | $14.33 |
2,688 SF · lease $21.60/SF/yr · vacancy 5.22% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$550.3K
$481.5K – $642.0K
NOI $38,521 @ 7.0% cap · market cap 7.28%
Second Best
Apartment 5plus
$503.0K
$440.1K – $586.8K
NOI $35,207 @ 7.0% cap · market cap 6.66%
Theoretical Best
Warehouse
$5.62M
$4.92M – $6.56M
NOI $393,533 @ 7.0% cap · market cap 74.39%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Bordentown
- County
- Burlington
- State
- New Jersey
- Longitude
- -74.71079254
- Latitude
- 40.14456177
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Spacious duplex with two units, ideal for investors.
Where is this duplex located?
The property is located at 360 FARNSWORTH Avenue Bordentown, NJ.
What is the asking price?
The asking price for this property is $529,000.
What are key features of this property?
This property features: Versatile duplex in a prime location on Bordentown's Restaurant Row.; Strong income potential for investors or owner‑occupants.; Two spacious units, each with 2 bedrooms and 1 full bath.
