4647 ROOSEVELT Avenue, Pennsauken, NJ 08109
MULTI_FAMILY - Colonial - PENNSAUKEN, NJ
- Added:
- Jul 6, 2026
- Days on Market:
- 2
- Last Refresh:
- Jul 7 at 4:06 pm
Property Features for 4647 ROOSEVELT Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking
- 2
- Parking features
- On Street, Garage - Detached
- Standard status
- Active
- Size
- 1,875 SF
- Lot size
- 0.09 Acres
Taxes and HOA fees
- Tax Annual Amount
- 6136
Utilities
- Heating system
- Other (Heating)
- Cooling system
- Window Unit(s), Ceiling Fan(s)
Building Details
- Year built
- 1915
- Number of units
- 1
- Building materials
- Brick, Block, Frame
- Architectural style
- Colonial
Listing agent Gregory S Hale License #8435262 (856) 866-2525
Listing office RE/MAX ONE Realty-Moorestown 2 E Main Street, Moorestown, NJ (856) 866-2525
Listing date Jul 6, 2026
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
- Duplex built in 1915 with colonial architectural style and brick, block, and frame construction
- 1st‑floor unit: 1 bedroom with month‑to‑month tenant paying $1,050; tenant pays own utilities
- 2nd‑floor unit: 2 bedrooms, beautifully remodeled and vacant for immediate occupancy
- Full basement with separate laundry facilities for both units and basement access for storage
- Detached 2‑car garage plus on‑street parking; listed as providing extra income
- Owner pays water/sewer and CCMUA; cooling includes window unit(s) and ceiling fans (2nd unit A/C not included)
Overview
The home is located at 4647 Roosevelt Avenue in Pennsauken, New Jersey (08109). The listing notes that the first-floor tenant pays utilities directly, while the owner covers water/sewer and CCMUA.
For owner-occupants, investors, or buyers seeking a straightforward two-unit setup, the combination of separate unit layouts, in-home basement storage, and individual laundry facilities can support day-to-day functionality. Current occupancy on the first floor and a move-in ready second-floor unit may appeal to buyers looking for manageable turnover while maintaining an income-producing structure. The property is being sold strictly as-is, with the listing specifically noting that the A/C units in the second unit are not included.
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 | $32.2k | $17.16 |
| − Vacancy | −$1.7k | −$0.91 |
| EGI | $30.5k | $16.25 |
| − OpEx | −$9.1k | −$4.87 |
| NOI | $21.3k | $11.37 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Pennsauken
- County
- Camden
- State
- New Jersey
- Longitude
- -75.0676422
- Latitude
- 39.9459801
