518-522 REPAUNO Avenue, Gibbstown, NJ 08027
MULTI_FAMILY - GIBBSTOWN, NJ
- Added:
- Jun 27, 2026
- Days on Market:
- 1
- Last Refresh:
- Jun 27 at 11:06 am
Property Features for 518-522 REPAUNO Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Dining Room
- Parking features
- On Street, Off Street
- Interior features
- Carpet, Ceiling Fan(s), Dining Area, Bathroom - Tub Shower
- Standard status
- Active
- Size
- 2,250 SF
- Lot size
- 0.23 Acres
Taxes and HOA fees
- Tax Annual Amount
- 7149
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1995
- Number of units
- 1
- Building materials
- Vinyl Siding
Listing agent Daniel Torres License #1539492 (609) 381-3618
Listing office Keller Williams Realty - Atlantic Shore 802 Tilton Road, Northfield, NJ (609) 484-9890
Listing date Jun 27, 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 1995 with 3 bedrooms and 1.5 bathrooms on each side
- One side is rented month‑to‑month for $2,000 per month with a tenant on‑site for 3+ years
- Separate gas and electric utilities for each unit
- Central air and forced‑air heating
- Vinyl siding exterior with a spacious corner lot and large backyard
- Parking includes on‑street and off‑street spaces; interior features include carpet and ceiling fans
Overview
The rented unit has a tenant who has been in place for 3+ years and has never missed a payment, according to the seller’s remarks. The duplex is situated on a spacious corner lot and includes a large backyard and plenty of parking for residents and guests.
For buyers and investors, this layout supports a variety of approaches, including living in one side while using the other unit as rental income. With independent utilities and a duplex configuration that already mirrors common tenant household needs, the property may be a practical fit for an owner-occupant seeking flexibility or a buyer looking for a ready-to-operate two-unit asset.
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 | $44.6k | $19.80 |
| − Vacancy | −$2.7k | −$1.22 |
| EGI | $41.8k | $18.58 |
| − OpEx | −$12.5k | −$5.57 |
| NOI | $29.3k | $13.00 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Gibbstown
- County
- Cumberland
- State
- New Jersey
- Longitude
- -75.29903
- Latitude
- 39.84123
