Renovated Duplex With Two
For Sale
Under Contract
$289,999
437 W BROAD Street, Paulsboro, NJ 08066
MULTI_FAMILY - Other - PAULSBORO, NJ
Property Size1,891 SF
Lot Size0.21 Acres
Price / SF$153.36
Days on Market27
Property Features for 437 W BROAD Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Parking features
Driveway
Elementary school district
PAULSBORO PUBLIC SCHOOLS
Middle school district
PAULSBORO PUBLIC SCHOOLS
High school district
PAULSBORO PUBLIC SCHOOLS
Standard status
Active Under Contract
Size
1,891 SF
Lot size
0.21 Acres
Taxes and HOA fees
Tax Annual Amount
5713
Utilities
Heating system
Baseboard, Electric (Heating)
Building Details
Year built
1960
Number of units
2
Building materials
Frame
Architectural style
Other
Listing Agency:
Prime Realty Partners
(856) 210-3000
Listed By:
John Rinick · License #1865546
(267) 205-1824
Added: Jul 6
Changed: Jul 28
Last Checked: Aug 1 at 8:06AM
MLS# NJGL2075430
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.
Investment Insights
Based on property information with market context.
This property is a fully renovated duplex at 437 W Broad Street, offered completely vacant for its next owner. The renovation work brought both units down to the studs and included new kitchens, updated bathrooms, new flooring, new appliances, and new doors and trim throughout, creating a move-in-ready setup. The layout provides one 2-bedroom, 1-bath unit and one 1-bedroom, 1-bath unit, giving flexibility for either rental use or owner-occupancy.
The duplex sits on a 0.2146-acre lot in Paulsboro, New Jersey, in Gloucester County. The property size is listed as 1,891 square feet, with the full address provided for private tours.
As an income-producing asset, the unit mix supports two distinct household sizes, which can be beneficial for matching tenant needs. For owner-occupants, the separate 1-bedroom and 2-bedroom configurations may allow for convenient living while generating rental income from the second unit. With the property reported as fully renovated and vacant, it may reduce near-term work associated with bringing it to market.
The duplex sits on a 0.2146-acre lot in Paulsboro, New Jersey, in Gloucester County. The property size is listed as 1,891 square feet, with the full address provided for private tours.
As an income-producing asset, the unit mix supports two distinct household sizes, which can be beneficial for matching tenant needs. For owner-occupants, the separate 1-bedroom and 2-bedroom configurations may allow for convenient living while generating rental income from the second unit. With the property reported as fully renovated and vacant, it may reduce near-term work associated with bringing it to market.
Key Highlights
- Fully renovated duplex with both units completely vacant and ready for a new owner
- Updates include brand‑new kitchens, updated bathrooms, new flooring, new appliances, and new doors/trim
- Unit mix: one 2‑bedroom, 1‑bath unit plus one 1‑bedroom, 1‑bath unit
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 | $37.4k | $19.80 |
| − Vacancy | −$1.9k | −$1.03 |
| EGI | $35.5k | $18.77 |
| − OpEx | −$10.6k | −$5.63 |
| NOI | $24.8k | $13.14 |
1,891 SF · lease $19.80/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$354.9K
$310.6K – $414.1K
NOI $24,846 @ 7.0% cap · market cap 8.57%
Second Best
Apartment 5plus
$315.8K
$276.3K – $368.4K
NOI $22,103 @ 7.0% cap · market cap 7.62%
Theoretical Best
Office A
$635.6K
$556.2K – $741.6K
NOI $44,495 @ 7.0% cap · market cap 15.34%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
157
Businesses Nearby
Explore this area
Business Placement
Demographics for 08066, NJ
8,414
Population
3,605
Households
2.3
Avg Household Size
37
Median Age
21%
College-Educated
90%
High-School Grad
6.8 sq mi
ZIP Area
1,237
Density / Sq Mi
$62,412
Median Household Income
$35,684
Median Earnings
$1,092
Median Rent
$166,600
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 - Turnkey renovated duplex with one two-bedroom and one one-bedroom unit, fully vacant and ready for occupancy.
Where is this duplex located?
The property is located at 437 W BROAD Street Paulsboro, NJ.
What is the asking price?
The asking price for this property is $289,999.
What are key features of this property?
This property features: Fully renovated duplex with both units completely vacant and ready for a new owner; Updates include brand‑new kitchens, updated bathrooms, new flooring, new appliances, and new doors/trim; Unit mix: one 2‑bedroom, 1‑bath unit plus one 1‑bedroom, 1‑bath unit
