525 E PARK Avenue Vineland, NJ 08360
MULTI_FAMILY - Colonial - VINELAND, NJ
- Added:
- May 28, 2026
- Days on Market:
- 45
- Last Refresh:
- Jul 11 at 12:06 am
Property Features for 525 E PARK Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking
- 4
- Parking features
- Driveway
- Appliances
- Oven - Single, Refrigerator
- Standard status
- Active
- Size
- 1,264 SF
- Lot size
- 0.20 Acres
Taxes and HOA fees
- Tax Annual Amount
- 2925
Utilities
- Heating system
- Forced Air
- Cooling system
- Ceiling Fan(s)
Building Details
- Year built
- 1900
- Number of units
- 2
- Building materials
- Aluminum Siding
- Architectural style
- Colonial
Listing agent Tracy Gallo License #1863996 (609) 217-1880
Listing office Fathom Realty NJ, LLC 365 Harding Highway, Pittsgrove, NJ (856) 344-4663
Listing date May 28, 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.
Investment Insights
Based on property information with market context.
Recent exterior and major system improvements include a new boiler, new water heater, new siding, and a new flat roof. The property also has a newly updated porch, completing the high-cost projects for the next owner. The result is a duplex positioned for reduced near-term maintenance while keeping the two-unit configuration intact.
For buyers seeking a residential income property, the asset’s clear split between a renovated 2-bedroom unit and a separately metered, long-term-rented studio can appeal to operators who prefer simplified utility management. The combination of completed capital updates and the unit-level improvements already made on the lower floor may help limit immediate work after purchase. Schedule a showing to review the layout and finishes in person.
Key Highlights
- Impeccably maintained duplex with two separate units: a 2‑bedroom lower level and a 1‑bedroom studio on the upper level
- Separate utilities for each unit
- New boiler, new water heater, new siding, and new flat roof
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 | $25.0k | $19.80 |
| − Vacancy | −$1.5k | −$1.22 |
| EGI | $23.5k | $18.58 |
| − OpEx | −$7.0k | −$5.57 |
| NOI | $16.4k | $13.00 |
