101 2ND Street, Swedesboro, NJ 08085
MULTI_FAMILY - SWEDESBORO, NJ
- Added:
- Jun 11, 2026
- Days on Market:
- 27
- Last Refresh:
- Jul 7 at 5:06 pm
Property Features for 101 2ND Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking features
- Driveway
- Appliances
- Refrigerator, Oven/Range - Gas
- Standard status
- Active
- Size
- 1,775 SF
- Lot size
- 0.18 Acres
Taxes and HOA fees
- Tax Annual Amount
- 6480
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1950
- Number of units
- 1
- Building materials
- Frame
Listing agent Austin Nicholas Wuest License #2559604 (856) 341-2695
Listing office Keller Williams - Main Street 983 Haddon Avenue, Collingswood or Haddon Heights, NJ (856) 858-2200
Listing date Jun 11, 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
- Duplex in Swedesboro built in 1950 with frame construction
- First‑floor unit: 3 bedrooms, 1 full bath, currently occupied and rented for $1,286/month on a MTM lease
- Upper unit: 1‑bedroom, 1‑bath layout, currently vacant
- Cosmetically renovated upper unit and ready for its next occupant
- Current HUD Fair Market Rent for a 3‑bedroom unit in ZIP 08085 is $2,850/month
- Forced‑air heat, central air, driveway parking; includes refrigerator and gas oven/range
Overview
Located in Swedesboro, NJ, the property sits on a 0.1818-acre lot with a total property size of 1,775 square feet. The listing includes a reference to HUD Fair Market Rent for a 3-bedroom unit in ZIP code 08085 of $2,850 per month.
For tenants and buyers seeking an owner-occupant or investment approach, the configuration supports living in one unit while renting the other, with the first-floor unit already generating income. Alternatively, the vacant upstairs unit can be leased to bring both spaces into full rental use. The property’s current mix of occupied and ready-to-lease space is designed to reduce downtime between tenancies while giving flexibility in how the duplex is operated.
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 | $35.1k | $19.80 |
| − Vacancy | −$1.8k | −$1.03 |
| EGI | $33.3k | $18.77 |
| − OpEx | −$10.0k | −$5.63 |
| NOI | $23.3k | $13.14 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Swedesboro
- County
- Gloucester
- State
- New Jersey
- Longitude
- -75.30682
- Latitude
- 39.75133
