Hammonton Duplex
102 GRAPE STREET Hammonton, NJ 08037
New
For Sale
$369,900
Well-maintained duplex in Hammonton, offering two residential units under one ownership for rental or owner-occupant use.
Property Size2,234 SF
Price / SF$165.58
Days on Market5
Property Features for 102 GRAPE STREET
General Information
Standard status
Active
Size
2,234 SF
Property subtype
Duplex
Building Details
Year Built
1928
Listing Agency:
Real Broker, LLC
(609) 858-4350
Listed By:
Jacqueline Acevedo · License #RS372398
(609) 858-4350
Source:
Cummingsrealtors
Added: Jul 26
Changed: Jul 29
Last Checked: Jul 29 at 8:45AM
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 Real Broker, LLC
Investment Insights
Based on property information with market context.
102 Grape Street is a well-maintained duplex featuring two residential units under one ownership. The property is presented as an income-oriented investment opportunity, with the flexibility to rent both units or live in one unit while leasing the other.
Located in the heart of Hammonton, the property is described as providing easy access to downtown, including local retail and dining options, along with year-round community events. The remarks also indicate convenient proximity to Route 30, the Atlantic City Expressway, and NJ Transit rail service for travel to Philadelphia, Atlantic City, and nearby South Jersey communities.
This duplex investment is marketed as turn-key and long-term oriented, supported by its maintained condition and established two-unit configuration.
Located in the heart of Hammonton, the property is described as providing easy access to downtown, including local retail and dining options, along with year-round community events. The remarks also indicate convenient proximity to Route 30, the Atlantic City Expressway, and NJ Transit rail service for travel to Philadelphia, Atlantic City, and nearby South Jersey communities.
This duplex investment is marketed as turn-key and long-term oriented, supported by its maintained condition and established two-unit configuration.
Key Highlights
- Well‑maintained duplex at 102 Grape Street in Hammonton with two residential units under one ownership
- Year built: 1928
- Flexible layout for rental income or owner‑occupant use (house hacking options)
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 | $38.9k | $17.40 |
| − Vacancy | −$2.5k | −$1.13 |
| EGI | $36.3k | $16.27 |
| − OpEx | −$10.9k | −$4.88 |
| NOI | $25.4k | $11.39 |
2,234 SF · lease $17.40/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$363.4K
$318.0K – $424.0K
NOI $25,441 @ 7.0% cap · market cap 6.88%
Second Best
Apartment 5plus
$319.5K
$279.5K – $372.7K
NOI $22,362 @ 7.0% cap · market cap 6.05%
Theoretical Best
Warehouse
$831.9K
$727.9K – $970.6K
NOI $58,235 @ 7.0% cap · market cap 15.74%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Well-maintained duplex in Hammonton, offering two residential units under one ownership for rental or owner-occupant use.
Where is this duplex located?
The property is located at 102 GRAPE STREET Hammonton, NJ.
What is the asking price?
The asking price for this property is $369,900.
What are key features of this property?
This property features: Well‑maintained duplex at 102 Grape Street in Hammonton with two residential units under one ownership; Year built: 1928; Flexible layout for rental income or owner‑occupant use (house hacking options)
