Multi-Unit Residential Income
101 Main Street Roebling, NJ 08554
For Sale
$899,900
Well-maintained multi-unit property with separate electric and gas meters and multiple recent interior and hot water tank updates.
Property Size4,496 SF
Price / SF$200.16
Days on Market254
Property Features for 101 Main Street
General Information
- Standard status
- Active
- Size
- 4,496 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1930
Listing Agency:
Houwzer LLC-Haddonfield
(732) 620-0435
Listed By:
Patricia M Gesswein · License #682871
(732) 620-0435
Source:
Compass
Added: Nov 12, 2025
Changed: Jul 23
Last Checked: Jul 23 at 8:28AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Houwzer LLC-Haddonfield
Investment Insights
Based on property information with market context.
101 Main Street is a well-maintained multi-unit residential property owned by the same family for over 34 years. The configuration includes four units, each with separate electric and gas meters. Unit 1 features vinyl flooring and includes a living room, bedroom, and kitchen, and the hot water tank was replaced in December 2023. Unit 2 is the largest unit with multiple living and dining spaces, 3 bedrooms, 2.5 baths, central A/C, forced air heating, and in-unit laundry equipment, and the hot water tank was replaced in July 2022. Unit 3 is located on the second floor and was refreshed with new carpet, paint, and vinyl flooring in the kitchen and bathroom in September 2025, and its hot water tank was replaced in November 2023. Unit 4 is on the ground floor with updated kitchen and bathroom flooring from September 2025, and its hot water tank was replaced in June 2017.
The property sits on a corner lot along the Delaware River, between two quiet dead-end streets, and borders a scenic park. It is described as being near Roebling Elementary School and the River Line train station, with convenient access to major highways and nearby shopping, dining, and the Amazon Distribution Center. Exterior features include sidewalks, street lights, and exterior lighting, along with landscaped front and rear yards backing to a park. The property includes ceiling fans and a fire detection system, plus smoke and carbon monoxide detectors, and trash and recycling pickup is scheduled for Mondays and Thursdays.
The property sits on a corner lot along the Delaware River, between two quiet dead-end streets, and borders a scenic park. It is described as being near Roebling Elementary School and the River Line train station, with convenient access to major highways and nearby shopping, dining, and the Amazon Distribution Center. Exterior features include sidewalks, street lights, and exterior lighting, along with landscaped front and rear yards backing to a park. The property includes ceiling fans and a fire detection system, plus smoke and carbon monoxide detectors, and trash and recycling pickup is scheduled for Mondays and Thursdays.
Key Highlights
- Multi‑unit property on a corner lot along the Delaware River, bordering a scenic park for privacy with landscaped front and rear yards.
- Each unit has separate electric and gas meters for independent utility billing.
- Recent hot water tank replacements: Dec 2023 (Unit 1), July 2022 (Unit 2), Nov 2023 (Unit 3), and Jun 2017 (Unit 4).
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 | $97.1k | $21.60 |
| − Vacancy | −$5.1k | −$1.13 |
| EGI | $92.0k | $20.47 |
| − OpEx | −$27.6k | −$6.14 |
| NOI | $64.4k | $14.33 |
4,496 SF · lease $21.60/SF/yr · vacancy 5.22% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$920.4K
$805.4K – $1.07M
NOI $64,431 @ 7.0% cap · market cap 7.16%
Second Best
Apartment 5plus
$841.2K
$736.1K – $981.5K
NOI $58,887 @ 7.0% cap · market cap 6.54%
Theoretical Best
Warehouse
$9.40M
$8.23M – $10.97M
NOI $658,231 @ 7.0% cap · market cap 73.14%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
FAQs
What type of property is this?
Quadplex - Well-maintained multi-unit property with separate electric and gas meters and multiple recent interior and hot water tank updates.
Where is this quadplex located?
The property is located at 101 Main Street Roebling, NJ.
What is the asking price?
The asking price for this property is $899,900.
What are key features of this property?
This property features: Multi‑unit property on a corner lot along the Delaware River, bordering a scenic park for privacy with landscaped front and rear yards.; Each unit has separate electric and gas meters for independent utility billing.; Recent hot water tank replacements: Dec 2023 (Unit 1), July 2022 (Unit 2), Nov 2023 (Unit 3), and Jun 2017 (Unit 4).
