Maintained Duplex with
For Sale
$285,000
101 S WEST Avenue, Vineland, NJ 08360
Multi-Family, VINELAND, NJ
Property Size1,746 SF
Lot Size0.11 Acres
Price / SF$163.23
Days on Market91
Property Features for 101 S WEST Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Rooms
Family Room, Basement
Parking
7
Parking features
Garage - Detached, On Street, Driveway
Interior features
Ceiling Fan(s), Kitchen - Eat-In, Floor Plan - Traditional, Family Room Off Kitchen
Elementary school district
CITY OF VINELAND BOARD OF EDUCATION
Middle school district
CITY OF VINELAND BOARD OF EDUCATION
High school district
CITY OF VINELAND BOARD OF EDUCATION
Standard status
Active
Size
1,746 SF
Lot size
0.11 Acres
Taxes and HOA fees
Tax Annual Amount
3388
Utilities
Heating system
Other (Heating)
Cooling system
Ceiling Fan(s), Wall Unit(s), Ductless
Building Details
Year built
1928
Number of units
2
Building materials
Aluminum Siding
Architectural style
Other
Listing Agency:
Fathom Realty NJ, LLC
(856) 344-4663
Listed By:
Tracy Gallo · License #1863996
(609) 217-1880
Added: Jun 8
Changed: Sep 3
Last Checked: Sep 6 at 6:06PM
MLS# NJCB2030938
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 1,746-square-foot duplex, built in 1928, contains two separate residential units. The lower apartment provides two bedrooms and one bathroom, while the upper apartment includes one bedroom and a loft that can serve as storage or additional living space. Interior features include an eat-in kitchen, traditional floor plan, family room off the kitchen, ceiling fans, wall-unit cooling, and ductless cooling. Aluminum siding completes the exterior.
The property occupies 0.1148 acres in Vineland, New Jersey. Parking options include a detached garage, driveway parking, and on-street parking. A basement is also included, adding utility to the overall configuration.
The property occupies 0.1148 acres in Vineland, New Jersey. Parking options include a detached garage, driveway parking, and on-street parking. A basement is also included, adding utility to the overall configuration.
Key Highlights
- 1,746‑square‑foot duplex on a 0.1148‑acre lot
- Lower unit offers 2 bedrooms and 1 bathroom
- Upper unit includes 1 bedroom and a loft
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$22,706
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.97%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$454,120
$454.1K
Cap Rate 7%
$324,371
$324.4K
Cap Rate 9%
$252,289
$252.3K
Market Conditions
NOI Build-Up for 1,746 SF
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.
Gross rent
$34.6K $19.80/SF
− Vacancy
−$2.1K −$1.22/SF
EGI
$32.4K $18.58/SF
− OpEx
−$9.7K −$5.57/SF
NOI
$22.7K $13.00/SF
Area
Cumberland County, NJ
Vacancy
6.17%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$454,120
Cap Rate 7%
$324,371
Cap Rate 9%
$252,289
Alternative Uses
Best Use
Multifamily LT 5
$324.4K
$283.8K – $378.4K
NOI $22,706 @ 7.0% cap · market cap 7.97%
Second Best
Apartment 5plus
$298.6K
$261.3K – $348.4K
NOI $20,903 @ 7.0% cap · market cap 7.33%
Theoretical Best
Office A
$2.62M
$2.29M – $3.06M
NOI $183,514 @ 7.0% cap · market cap 64.39%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
957
Businesses Nearby
Explore this area
Business Placement
Demographics for 08360, NJ
43,043
Population
16,797
Households
2.6
Avg Household Size
38
Median Age
17%
College-Educated
79%
High-School Grad
44.3 sq mi
ZIP Area
972
Density / Sq Mi
$62,604
Median Household Income
$37,236
Median Earnings
$1,164
Median Rent
$199,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two residential units include a loft, basement, and detached garage.
Where is this duplex located?
The property is located at 101 S WEST Avenue Vineland, NJ.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: 1,746‑square‑foot duplex on a 0.1148‑acre lot; Lower unit offers 2 bedrooms and 1 bathroom; Upper unit includes 1 bedroom and a loft
