Duplex with Renovated Upper
For Sale
$350,000
101 2ND Street, Swedesboro, NJ 08085
Multi-Family, SWEDESBORO, NJ
Property Size1,775 SF
Lot Size0.18 Acres
Price / SF$197.18
Days on Market118
Property Features for 101 2ND Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Rooms
Basement
Parking features
Driveway
Appliances
Refrigerator, Oven/Range - Gas
Elementary school district
KINGSWAY REGIONAL HIGH
Middle school district
KINGSWAY REGIONAL HIGH
High school district
KINGSWAY REGIONAL HIGH
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 Agency:
Keller Williams - Main Street
(856) 858-2200
Listed By:
Austin Nicholas Wuest · License #2559604
(856) 547-5678
Added: Jun 11
Changed: Sep 2
Last Checked: Oct 6 at 9:06PM
MLS# NJGL2074502
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.
Investment Insights
Based on property information with market context.
This 1,775-square-foot duplex, built in 1950, contains two separate residential units. The first-floor residence has three bedrooms and one full bathroom and is occupied under a month-to-month lease. Upstairs, the vacant one-bedroom, one-bath unit has received cosmetic renovations. The property also includes a basement, frame construction, a driveway, and a 0.1818-acre lot.
Located at 101 2ND Street in Swedesboro, New Jersey, the property is identified within ZIP code 08085 in Gloucester County. Building systems include forced-air heat and central air conditioning. Appliances include a refrigerator and gas oven/range, providing functional equipment for both residential units.
Located at 101 2ND Street in Swedesboro, New Jersey, the property is identified within ZIP code 08085 in Gloucester County. Building systems include forced-air heat and central air conditioning. Appliances include a refrigerator and gas oven/range, providing functional equipment for both residential units.
Key Highlights
- Two‑unit duplex with 1,775 square feet of building area
- First‑floor unit offers 3 bedrooms and 1 full bath
- Vacant upper unit has 1 bedroom and 1 bath with cosmetic renovations
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,322
Cap Rate
6.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$466,440
$466.4K
Cap Rate 7%
$333,171
$333.2K
Cap Rate 9%
$259,133
$259.1K
Market Conditions
NOI Build-Up for 1,775 SF
Gross rent
$35.1K $19.80/SF
− Vacancy
−$1.8K −$1.03/SF
EGI
$33.3K $18.77/SF
− OpEx
−$10.0K −$5.63/SF
NOI
$23.3K $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%
$466,440
Cap Rate 7%
$333,171
Cap Rate 9%
$259,133
Alternative Uses
Best Use
Multifamily LT 5
$333.2K
$291.5K – $388.7K
NOI $23,322 @ 7.0% cap · market cap 6.66%
Second Best
Apartment 5plus
$296.4K
$259.3K – $345.8K
NOI $20,747 @ 7.0% cap · market cap 5.93%
Theoretical Best
Office A
$596.6K
$522.1K – $696.1K
NOI $41,765 @ 7.0% cap · market cap 11.93%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
357
Businesses Nearby
Explore this area
Business Placement
Demographics for 08085, NJ
21,274
Population
7,424
Households
2.9
Avg Household Size
38
Median Age
46%
College-Educated
93%
High-School Grad
44.5 sq mi
ZIP Area
478
Density / Sq Mi
$137,028
Median Household Income
$62,121
Median Earnings
$1,856
Median Rent
$351,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units include a leased three-bedroom home and an updated vacant one-bedroom layout.
Where is this duplex located?
The property is located at 101 2ND Street Swedesboro, NJ.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Two‑unit duplex with 1,775 square feet of building area; First‑floor unit offers 3 bedrooms and 1 full bath; Vacant upper unit has 1 bedroom and 1 bath with cosmetic renovations
