New
For Sale
$318,200
501 S BROADWAY TURNPIKE, Gloucester City, NJ 08030
MULTI_FAMILY - GLOUCESTER CITY, NJ
Property Size1,200 SF
Price / SF$265.17
Days on Market4
Property Features for 501 S BROADWAY TURNPIKE
General Information
Property type
Residential Multi Family
Property subtype
Townhouse
Subdivision
PINE GROVE
Standard status
Active
Size
1,200 SF
Building Details
Year built
1922
Listing Agency:
BHHS Fox & Roach Mt. Laurel Home Marketing Center · Berkshire Hathaway HomeServices
(856) 222-0077
Listed By:
Maria Jobes-Hogan · License #1435864
(609) 923-7930
Added: Aug 2
Last Checked: Aug 5 at 7:06PM
MLS# NJCD2123718
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.
Financial Insights For Apartment 5plus
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 | $23.5k | $19.56 |
| − Vacancy | −$1.3k | −$1.10 |
| EGI | $22.2k | $18.46 |
| − OpEx | −$10.0k | −$8.31 |
| NOI | $12.2k | $10.16 |
1,200 SF · lease $19.56/SF/yr · vacancy 5.60% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$174.1K
$152.3K – $203.1K
NOI $12,187 @ 7.0% cap · market cap 3.83%
Second Best
Retail
$165.1K
$144.4K – $192.6K
NOI $11,554 @ 7.0% cap · market cap 3.63%
Theoretical Best
Office A
$304.3K
$266.2K – $355.0K
NOI $21,299 @ 7.0% cap · market cap 6.69%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
156
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 08030, NJ
13,261
Population
5,470
Households
2.4
Avg Household Size
37
Median Age
20%
College-Educated
87%
High-School Grad
2.8 sq mi
ZIP Area
4,736
Density / Sq Mi
$66,190
Median Household Income
$38,853
Median Earnings
$1,498
Median Rent
$169,700
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Sunshine Flowers & Gifts — 2 N Broadway, Gloucester City, NJ 08030
Frequently Asked Questions
Where is this storefront property located?
The property is located at 501 S BROADWAY TURNPIKE Gloucester City, NJ.
What is the asking price?
The asking price for this property is $318,200.
