Building Details

Year built 1933

Number of units 1

Building materials Frame

Architectural style Bungalow

Listing Agency: Daniel R. White Realtor, LLC d***@aol.com Show Phone

Listed By: Joseph Bozza · License #9588119 Show Phone

Added: Oct 1 Changed: Oct 21 Last Checked: Oct 21 at 11:06PM

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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 contains two two-bedroom units on a 0.1578-acre corner lot. The first-floor residence has an enclosed front porch, living and dining rooms, an updated kitchen, a full bath, and a full-house basement. Its appliances are 3 years old, and heating is provided by hot water radiators. An enclosed rear porch adds another covered area. The upper unit was remodeled in 2020 and includes a living room, eat-in kitchen, full bath, and stackable washer and dryer. Ductless mini-splits provide heating and air conditioning upstairs.

The property has separate gas and electric meters, a large carport, off-street parking, and a driveway. The roof is approximately 3 years old; the furnace and hot water heater are 9 years old. Built in 1933, the frame bungalow is located in Haddon Township, New Jersey.

Key Highlights

• Two two‑bedroom units in a 2,054‑square‑foot duplex
• 0.1578‑acre corner lot with a large carport, off‑street parking, and driveway
• Separate gas and electric meters

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

Is this asking price fair?

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 (±1% cap)

NOI $23,360 @ 7.0% cap · market cap 3.96%

Second Best

Apartment 5plus

$298.0K

$260.8K – $347.7K (±1% cap)

NOI $20,860 @ 7.0% cap · market cap 3.54%

Theoretical Best

Office A

$520.8K

$455.7K – $607.6K (±1% cap)

NOI $36,456 @ 7.0% cap · market cap 6.18%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

2

Residential units

Yes

Utilities to site

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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

Frequently Asked Questions

What type of property is this?

Duplex - Separate gas and electric meters serve two two-bedroom residences with distinct layouts and heating systems.

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 two‑bedroom units in a 2,054‑square‑foot duplex; 0.1578‑acre corner lot with a large carport, off‑street parking, and driveway; Separate gas and electric meters