Duplex with Two 2BR
105 Delap Court Pemberton, NJ 08068
105 Delap Court, Pemberton, NJ, 08068
$250,000
Pending
For Sale
$250,000
Pending
Duplex offers two move-in-ready 2-bedroom, 1-bath units with in-unit laundry and separate storage.
Property Size705 SF
Days on Market17
Property Features for 105 Delap Court
General Information
- Standard status
- Pending
- Size
- 705 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1957
Listing agency
Century 21 Alliance-Moorestown
(609) 387-0335
Listed by
Karen I Tilley · License #1004700
(609) 387-0335
Source
Compass
Added: Jul 7 Updated: Jul 22 at 1:26AM Checked: Jul 22 at 6:47AM
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 Century 21 Alliance-Moorestown
Investment Insights
Based on property information with market context.
This duplex at 105-107 Delap Court is being sold together as a single property and is conveyed strictly as-is. Each unit features two bedrooms and one bath in reported excellent condition, including laminated flooring and stone tile flooring in the bathrooms. Both kitchens include newer cabinets and ceiling fans, and each unit has its own laundry room with a washer and sink.
The property includes storage outside of each unit and a large backyard for outdoor use. The seller will obtain the Certificate of Occupancy and the Fire Cert.
Both units are described as move-in condition, with layout flexibility that can support owner-occupancy while renting the other unit, or using one side as an in-law suite.
The property includes storage outside of each unit and a large backyard for outdoor use. The seller will obtain the Certificate of Occupancy and the Fire Cert.
Both units are described as move-in condition, with layout flexibility that can support owner-occupancy while renting the other unit, or using one side as an in-law suite.
Key Highlights
- Duplex sold together as 105‑107 Delap CT, each unit has 2 bedrooms and 1 bath
- Both units have in‑unit laundry rooms with washer and sink
- Kitchens include newer cabinets; both have ceiling fans and appliances including gas oven/range and refrigerator
Local 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 | $15.2k | $21.60 |
| − Vacancy | −$795 | −$1.13 |
| EGI | $14.4k | $20.47 |
| − OpEx | −$4.3k | −$6.14 |
| NOI | $10.1k | $14.33 |
705 SF · lease $21.60/SF/yr · vacancy 5.22% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$144.3K
$126.3K – $168.4K
NOI $10,103 @ 7.0% cap · market cap 4.04%
Second Best
Apartment 5plus
$131.9K
$115.4K – $153.9K
NOI $9,234 @ 7.0% cap · market cap 3.69%
Theoretical Best
Warehouse
$1.47M
$1.29M – $1.72M
NOI $103,215 @ 7.0% cap · market cap 41.29%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Duplex offers two move-in-ready 2-bedroom, 1-bath units with in-unit laundry and separate storage.
Where is this duplex located?
The property is located at 105 Delap Court Pemberton, NJ.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Duplex sold together as 105‑107 Delap CT, each unit has 2 bedrooms and 1 bath; Both units have in‑unit laundry rooms with washer and sink; Kitchens include newer cabinets; both have ceiling fans and appliances including gas oven/range and refrigerator
