Two-Unit Duplex with Separate
For Sale
Under Contract
$589,900
1000 BELMONT Avenue, Haddon Township, NJ 08108
Multi-Family, HADDON TOWNSHIP, NJ
Property Size2,054 SF
Lot Size0.16 Acres
Price / SF$287.20
Days on Market20
Property Features for 1000 BELMONT Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Parking
6
Parking features
Carport, Driveway, Off Street
Fireplace
1
Elementary school district
HADDON TOWNSHIP PUBLIC SCHOOLS
Middle school district
HADDON TOWNSHIP PUBLIC SCHOOLS
High school district
HADDON TOWNSHIP PUBLIC SCHOOLS
Standard status
Active Under Contract
Size
2,054 SF
Lot size
0.16 Acres
Taxes and HOA fees
Tax Annual Amount
11075
Utilities
Heating system
Hot Water(Heating), Other (Heating), Baseboard
Cooling system
Ductless, Window Unit(s)
Amenities
enclosed front porch
enclosed back porch
large basement
carport
stackable washer and dryer
ductless mini splits
separate electric and gas meters
Building Details
Year built
1933
Number of units
1
Building materials
Frame
Architectural style
Bungalow
Listing Agency:
Daniel R. White Realtor, LLC
(856) 547-0700
Listed By:
Joseph Bozza · License #9588119
(609) 314-1500
Added: Oct 1
Changed: Oct 16
Last Checked: Oct 20 at 1:06AM
MLS# NJCD2127964
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.
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Investment Insights
Based on property information with market context.
This 2,054-square-foot duplex on a 0.1578-acre corner lot contains two two-bedroom units. The lower residence includes a living room, formal dining room, updated kitchen, full bath, enclosed front and rear porches, and a basement extending beneath the house. Hot water radiator heat serves this unit. The upper residence was remodeled in 2020 and has a living room, eat-in kitchen, full bath, and its own stackable washer and dryer; ductless mini-splits provide heating and air conditioning.
The property has separate gas and electric meters, a carport, driveway, and off-street parking. The roof is approximately 3 years old; the furnace and water heater are 9 years old. Built in 1933, the frame bungalow also has a fireplace.
The property has separate gas and electric meters, a carport, driveway, and off-street parking. The roof is approximately 3 years old; the furnace and water heater are 9 years old. Built in 1933, the frame bungalow also has a fireplace.
Key Highlights
- Two units, each with two bedrooms
- 2,054 square feet on a 0.1578‑acre corner lot
- Upper unit remodeled in 2020; includes a stackable washer and dryer
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,360
Cap Rate
3.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$467,200
$467.2K
Cap Rate 7%
$333,714
$333.7K
Cap Rate 9%
$259,556
$259.6K
Market Conditions
NOI Build-Up for 2,054 SF
Gross rent
$35.2K $17.16/SF
− Vacancy
−$1.9K −$0.91/SF
EGI
$33.4K $16.25/SF
− OpEx
−$10.0K −$4.87/SF
NOI
$23.4K $11.37/SF
Area
Camden County, NJ
Vacancy
5.32%
Lease Rate
$17.16 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$467,200
Cap Rate 7%
$333,714
Cap Rate 9%
$259,556
Alternative Uses
Best Use
Multifamily LT 5
$333.7K
$292.0K – $389.3K
NOI $23,360 @ 7.0% cap · market cap 3.96%
Second Best
Apartment 5plus
$298.0K
$260.8K – $347.7K
NOI $20,860 @ 7.0% cap · market cap 3.54%
Theoretical Best
Office A
$520.8K
$455.7K – $607.6K
NOI $36,456 @ 7.0% cap · market cap 6.18%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
850
Businesses Nearby
Explore this area
Business Placement
Demographics for 08108, NJ
18,618
Population
9,173
Households
2
Avg Household Size
40
Median Age
58%
College-Educated
97%
High-School Grad
2.7 sq mi
ZIP Area
6,896
Density / Sq Mi
$107,764
Median Household Income
$70,887
Median Earnings
$1,680
Median Rent
$358,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two two-bedroom residences offer distinct layouts, with a remodeled upper unit and enclosed porches on the lower level.
Where is this duplex located?
The property is located at 1000 BELMONT Avenue Haddon Township, NJ.
What is the asking price?
The asking price for this property is $589,900.
What are key features of this property?
This property features: Two units, each with two bedrooms; 2,054 square feet on a 0.1578‑acre corner lot; Upper unit remodeled in 2020; includes a stackable washer and dryer
