735 S STATE Street, Vineland, NJ 08360
MULTI_FAMILY - Colonial - VINELAND, NJ
- Added:
- May 15, 2026
- Days on Market:
- 26
- Last Refresh:
- Jun 9 at 8:06 am
Property Features for 735 S STATE Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Off Street, Driveway, On Street
- Standard status
- Active
- Size
- 1,920 SF
- Lot size
- 0.29 Acres
Taxes and HOA fees
- Tax Annual Amount
- 4036
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1973
- Number of units
- 1
- Building materials
- Vinyl Siding
- Architectural style
- Colonial
Listing agent Melanie Rios License #1755568 (856) 405-7710
Listing office OMNI Real Estate Professionals 140 Bridgeton Pike, Turnersville, NJ (856) 681-4015
Listing date May 15, 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
- Income‑producing duplex, ideal for investors or owner‑occupants.
- Two identical units, each with 2 bedrooms, ample closet space, and oversized living rooms.
- Each unit includes laundry/utility rooms for added convenience.
- First‑floor unit features fresh paint and brand‑new vinyl plank flooring.
- Central air conditioning and forced air gas heat.
- Eligible for Vineland HOAP program, offering up to $5,000 towards down payment and closing costs.
Overview
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 | $38.0k | $19.80 |
| − Vacancy | −$2.3k | −$1.22 |
| EGI | $35.7k | $18.58 |
| − OpEx | −$10.7k | −$5.57 |
| NOI | $25.0k | $13.00 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Vineland
- County
- Cumberland
- State
- New Jersey
- Longitude
- -75.01324
- Latitude
- 39.47457
