Duplex With Separate
1009 HESSIAN, West Deptford, NJ 08093
For Sale
$399,999
Multi-Family, WEST DEPTFORD, NJ
Property Size1,568 SF
Lot Size0.28 Acres
Price / SF$255.10
Days on Market47
Property Features for 1009 HESSIAN
General Information
Property type
Property subtype
Parking features
Elementary school
Middle school
High school
Elementary school district
Middle school district
High school district
Standard status
Size
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Annual Amount
Utilities
Heating system
Building Details
Year built
Number of units
Building materials
Architectural style
Listing Agency:
Keller Williams Realty
(856) 321-1212
Listed By:
Anthony P calabrese Jr. · License #2299149
(609) 501-9289
Added: Sep 22
Changed: Oct 26
Last Checked: Nov 7 at 9:06AM
MLS# NJGL2078758
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,568-square-foot duplex offers two residential units within a frame-built property constructed in 1940. The first-floor residence includes 3 bedrooms and 1 bath, while the second-floor residence provides 2 bedrooms and 1 bath. A separate garage adds another usable component to the property, and the site includes driveway parking. Forced-air heating serves the building.
Set on 0.28 acres in West Deptford, New Jersey, the property is located just off I-295, with access to major roads, shopping, dining, and surrounding areas. The configuration combines two apartments with a separately rented garage in a compact multifamily asset.
Set on 0.28 acres in West Deptford, New Jersey, the property is located just off I-295, with access to major roads, shopping, dining, and surrounding areas. The configuration combines two apartments with a separately rented garage in a compact multifamily asset.
Key Highlights
- Two‑unit duplex with 1,568 square feet of building area
- 3‑bedroom, 1‑bath first‑floor unit
- 2‑bedroom, 1‑bath second‑floor unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,602
Cap Rate
5.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$412,040
$412.0K
Cap Rate 7%
$294,314
$294.3K
Cap Rate 9%
$228,911
$228.9K
Market Conditions
NOI Build-Up for 1,568 SF
Gross rent
$31.0K $19.80/SF
− Vacancy
−$1.6K −$1.03/SF
EGI
$29.4K $18.77/SF
− OpEx
−$8.8K −$5.63/SF
NOI
$20.6K $13.14/SF
Area
Gloucester County, NJ
Vacancy
5.20%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$412,040
Cap Rate 7%
$294,314
Cap Rate 9%
$228,911
Alternative Uses
Best Use
Multifamily LT 5
$294.3K
$257.5K – $343.4K
NOI $20,602 @ 7.0% cap · market cap 5.15%
Second Best
Apartment 5plus
$261.8K
$229.1K – $305.5K
NOI $18,327 @ 7.0% cap · market cap 4.58%
Theoretical Best
Office A
$527.1K
$461.2K – $614.9K
NOI $36,895 @ 7.0% cap · market cap 9.22%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
91
Businesses Nearby
Explore this area
Business Placement
Demographics for 08093, NJ
9,933
Population
4,473
Households
2.2
Avg Household Size
39
Median Age
22%
College-Educated
94%
High-School Grad
4.0 sq mi
ZIP Area
2,483
Density / Sq Mi
$70,257
Median Household Income
$41,051
Median Earnings
$1,230
Median Rent
$192,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Duplexes in Gloucester County, NJ
Properties on Market for Duplexes in Gloucester County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units are complemented by a separately rented garage and driveway parking.
Where is this duplex located?
The property is located at 1009 HESSIAN West Deptford, NJ.
What is the asking price?
The asking price for this property is $399,999.
What are key features of this property?
This property features: Two‑unit duplex with 1,568 square feet of building area; 3‑bedroom, 1‑bath first‑floor unit; 2‑bedroom, 1‑bath second‑floor unit
