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Duplex Under Renovation
For Sale
$370,000

104 Union Avenue, Stratford, NJ 08084

Multi-Family, Stratford, NJ

Property Size1,734 SF
Lot Size0.17 Acres
Price / SF$213.38
Days on Market163

Property Features for 104 Union Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning description Residential
Bedrooms 6
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 6, Bathroom 2, Bedroom 1, Bathroom 1, Bedroom 5, Basement, Bedroom 4, Bedroom 2, Bedroom 3
Parking features On Street
Subdivision Laurel Hills
Directions Route 295 to Exit 29 (White Horse Pike / Route 30 East) Merge onto Route 30 East toward Stratford Turn onto Union Ave Continue to 104 Union Ave
Standard status Active
APN 32-00039-0000-00011
Size 1,734 SF
Lot size 0.17 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 7727

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 1930
Floors in Building 2
Number of units 2
Building materials Stucco
Roof type Shingle
Listing Agency: C21/ Mack Morris Iris Lurie · Century 21 Real Estate
Listed By: Constance Richmond · License #1862181
Added: May 8 Changed: Oct 2 Last Checked: Oct 17 at 2:06AM
MLS# 22613466

Copyright © 2026 More MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This duplex contains a four-bedroom first-floor residence and a two-bedroom second-floor residence within 1,734 square feet. The property is being sold strictly as-is and is not currently habitable. Renovation work includes completed flooring in some areas, kitchens and bathrooms in progress, selected replacement windows, new drywall, and ductwork added for central air. A new electrical line has also been installed for the second-floor unit.

Built in 1930 on a 0.17-acre lot, the property has stucco construction, a shingle roof, on-street parking, public water, and public sewer. The address is 104 Union Avenue in Stratford, New Jersey.

Key Highlights

  • Four‑bedroom first‑floor unit paired with a two‑bedroom second‑floor unit
  • 1,734 square feet on a 0.17‑acre lot
  • Renovation includes flooring, kitchens, bathrooms, windows, and drywall work

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$19,721
Cap Rate
5.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$394,420 $394.4K
Cap Rate 7%
$281,729 $281.7K
Cap Rate 9%
$219,122 $219.1K
Market Conditions
NOI Build-Up for 1,734 SF
Gross rent
$29.8K $17.16/SF
− Vacancy
−$1.6K −$0.91/SF
EGI
$28.2K $16.25/SF
− OpEx
−$8.5K −$4.87/SF
NOI
$19.7K $11.37/SF
Area
Camden County, NJ
Vacancy
5.32%
Lease Rate
$17.16 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$394,420
Cap Rate 7%
$281,729
Cap Rate 9%
$219,122

Alternative Uses

Best Use
Multifamily LT 5
$281.7K
$246.5K – $328.7K (±1% cap)
NOI $19,721 @ 7.0% cap · market cap 5.33%
Second Best
Apartment 5plus
$251.6K
$220.1K – $293.5K (±1% cap)
NOI $17,610 @ 7.0% cap · market cap 4.76%
Theoretical Best
Office A
$439.7K
$384.7K – $513.0K (±1% cap)
NOI $30,777 @ 7.0% cap · market cap 8.32%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Electrical Service Skin Care Clinic Law Firm Garden Center Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

993
Businesses Nearby

Demographics for 08084, NJ

6,981
Population
2,574
Households
2.7
Avg Household Size
41
Median Age
32%
College-Educated
92%
High-School Grad
1.6 sq mi
ZIP Area
4,363
Density / Sq Mi
$100,735
Median Household Income
$52,002
Median Earnings
$1,172
Median Rent
$238,200
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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two-level layout includes four-bedroom and two-bedroom residences with renovation work underway.
Where is this duplex located?
The property is located at 104 Union Avenue Stratford, NJ.
What is the asking price?
The asking price for this property is $370,000.
What are key features of this property?
This property features: Four‑bedroom first‑floor unit paired with a two‑bedroom second‑floor unit; 1,734 square feet on a 0.17‑acre lot; Renovation includes flooring, kitchens, bathrooms, windows, and drywall work
More about this property
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