Maintained Duplex Income
101 South West Avenue Vineland, NJ 08360
For Sale
$285,000
Pending
Well-maintained duplex with two units, including a 2-bedroom 1-bath lower level and a 1-bedroom upper unit with loft space.
Property Size1,746 SF
Days on Market46
Property Features for 101 South West Avenue
General Information
- Standard status
- Pending
- Size
- 1,746 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1928
Listing Agency:
Fathom Realty NJ, LLC
(609) 217-1880
Listed By:
Tracy Gallo · License #1863996
(609) 217-1880
Source:
Compass
Added: Jun 8
Changed: Jul 22
Last Checked: Jul 23 at 10:31AM
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 Fathom Realty NJ, LLC
Investment Insights
Based on property information with market context.
This well-maintained duplex offers two distinct residential units in a single property. The lower level features a functional 2-bedroom, 1-bath layout. The upper level includes a 1-bedroom unit with additional loft space for flexible living and storage. The property is described as having attractive exterior presentation and includes landscaping, presented in a turnkey condition suitable for either investment ownership or owner-occupancy.
The property is located in Vineland, New Jersey, in Cumberland County, with access to local transportation including a bus stop less than one mile away. The listing also references the City of Vineland Board of Education.
As configured, the duplex provides an income-producing structure with separate upstairs and downstairs living arrangements.
The property is located in Vineland, New Jersey, in Cumberland County, with access to local transportation including a bus stop less than one mile away. The listing also references the City of Vineland Board of Education.
As configured, the duplex provides an income-producing structure with separate upstairs and downstairs living arrangements.
Key Highlights
- Well‑maintained duplex built in 1928 with two residential units
- Lower unit: 2‑bedroom, 1‑bath layout currently rented for $950/month to a long‑term tenant
- Upper unit: 1‑bedroom unit with loft space for extra storage or flexible use
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 | $34.6k | $19.80 |
| − Vacancy | −$2.1k | −$1.22 |
| EGI | $32.4k | $18.58 |
| − OpEx | −$9.7k | −$5.57 |
| NOI | $22.7k | $13.00 |
1,746 SF · lease $19.80/SF/yr · vacancy 6.17% · expense 30.00%
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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Well-maintained duplex with two units, including a 2-bedroom 1-bath lower level and a 1-bedroom upper unit with loft space.
Where is this duplex located?
The property is located at 101 South 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: Well‑maintained duplex built in 1928 with two residential units; Lower unit: 2‑bedroom, 1‑bath layout currently rented for $950/month to a long‑term tenant; Upper unit: 1‑bedroom unit with loft space for extra storage or flexible use
