7425 RIVER Road, Pennsauken, NJ 08110
MULTI_FAMILY - Colonial - PENNSAUKEN, NJ
- Added:
- Jun 24, 2026
- Days on Market:
- 4
- Last Refresh:
- Jun 27 at 2:06 pm
Property Features for 7425 RIVER Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Driveway
- Standard status
- Active
- Size
- 2,723 SF
- Lot size
- 0.29 Acres
Taxes and HOA fees
- Tax Annual Amount
- 7487
Utilities
- Heating system
- Other (Heating)
Building Details
- Year built
- 1900
- Number of units
- 1
- Building materials
- Frame
- Architectural style
- Colonial
Listing agent Alan Browne License #8643142 (856) 424-4040
Listing office RE/MAX Of Cherry Hill 1736 Marlton Pike, Cherry Hill, NJ (856) 424-4040
Listing date Jun 24, 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 tri‑plex with 2 units (2BR) renting for $1,300 and $1,500 per month, plus 1 vacant 3BR unit
- Spacious home with 2,723 sq ft of living space
- 100x125 lot size with an extra large driveway for multiple cars
- Utilities: tenants pay for heat, hot water, and electric; seller pays for water and sewer
- Vinyl exterior, with new exterior steps to the 2nd floor and a recently passed annual Twp inspection
- Colonial‑style frame construction with driveway parking
Overview
Located in the Delair section of Pennsauken, the property sits on an extra-large 100-by-125 lot with an extra-large driveway capable of holding multiple cars. The listing notes proximity to shopping and restaurants, as well as access to major roads. Utilities are divided so tenants pay for their own heat, hot water, and electric, while the seller pays for water and sewer.
For buyers seeking a residential income property, this triplex structure provides a mix of occupied units and a vacant 3-bedroom option. The 2-bedroom apartments can support ongoing rental income, while the available third unit gives flexibility for an owner occupant to move in and use the homebuyer program described in the remarks. Please review the allowable showing times noted in the agent remarks before scheduling a tour.
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 | $46.7k | $17.16 |
| − Vacancy | −$2.5k | −$0.91 |
| EGI | $44.2k | $16.25 |
| − OpEx | −$13.3k | −$4.87 |
| NOI | $31.0k | $11.37 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Pennsauken
- County
- Camden
- State
- New Jersey
- Longitude
- -75.05688
- Latitude
- 39.97787
