Tenant-Occupied Triplex

BARRINGTON, NJ 08007 Barrington, NJ 08007

Claim this Listing
Pending
$550,000

MULTI_FAMILY - BARRINGTON, NJ

Property size:
2,699 SF
Added:
Jun 11, 2026
Days on Market:
30
Last Refresh:
Jul 10 at 9:06 pm

Property Features

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
5
Rooms
Bedroom 3, Bedroom 2, Bedroom 4, Bedroom 5, Bedroom 1
Standard status
Pending
Size
2,699 SF

Building Details

Year built
1925

Listing agent Kathy McDonald

Listing office BHHS Fox & Roach Haddonfield NJ

Listing date Jun 11, 2026

MLS# NJCD2119920

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.


Investment Insights

Based on property information with market context.

This tenant-occupied triplex offers three separate rental units, with one main house plus two additional apartments located in a detached building at the rear of the property. Unit A includes a bright enclosed front porch, spacious living and dining rooms, an eat-in kitchen, and a full bathroom on the main level. Upstairs, Unit A provides three bedrooms and a second full bathroom. Unit A also features a full basement with a laundry area and storage. Off the kitchen, a small deck leads to a private backyard with a detached oversized 1-car garage, a covered patio area, and additional outdoor space.

Units B and C are in the separate rear building. Unit B is on the second floor and offers a living room, eat-in kitchen, one bedroom, and a full bathroom. Unit C is on the first floor with an updated eat-in kitchen, living room, one bedroom, and a full bathroom.

Located in Barrington, New Jersey, the property is described as convenient to local shopping, dining, schools, parks, and major roadways.

Key Highlights

  • Fully rented triplex with three separate tenant‑occupied units on one property
  • Main house (Unit A) includes bright enclosed front porch, living room, formal dining room, eat‑in kitchen, and full bath on main level
  • Unit A offers 3 bedrooms and a second full bathroom plus full basement with laundry area and ample storage

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 $46.3k $17.16
− Vacancy −$2.5k −$0.91
EGI $43.9k $16.25
− OpEx −$13.2k −$4.87
NOI $30.7k $11.37
2,699 SF · lease $17.16/SF/yr · vacancy 5.32% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$438.5K
$383.7K – $511.6K (±1% cap)
NOI $30,696 @ 7.0% cap · market cap 5.58%
Second Best
Apartment 5plus
$391.6K
$342.6K – $456.8K (±1% cap)
NOI $27,410 @ 7.0% cap · market cap 4.98%
Theoretical Best
Office A
$684.3K
$598.8K – $798.4K (±1% cap)
NOI $47,904 @ 7.0% cap · market cap 8.71%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

FAQs

What type of property is this?
Triplex - Fully rented triplex with three units across a main house and a detached rear building.
Where is this triplex located?
The property is located at Barrington, NJ.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Fully rented triplex with three separate tenant‑occupied units on one property; Main house (Unit A) includes bright enclosed front porch, living room, formal dining room, eat‑in kitchen, and full bath on main level; Unit A offers 3 bedrooms and a second full bathroom plus full basement with laundry area and ample storage
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