Duplex with Two 2BR
For Sale
$250,000
Pending
105 DELAP COURT, Pemberton, NJ 08068
Duplex offers two move-in-ready 2-bedroom, 1-bath units with in-unit laundry and separate storage.
Property Size705 SF
Days on Market95
Property Features for 105 DELAP COURT
General Information
Standard status
Pending
Size
705 SF
Total Parking Spaces
2
Property subtype
Residential Income
Zoning
RESIDENTIAL
Taxes and HOA fees
Annual Taxes
$3,070
Amenities
Sidewalks, Street Lights
Window Unit(s), Electric
Natural Gas, Forced Air
Gas Range, Gas Oven, Gas Water Heater, Refrigerator, Washer, ENERGY STAR Qualified Water Heater
Eat-in Kitchen
Street, Trees/Woods
On Street, Shared Driveway, Driveway
Lighting, Rain Gutters
Ranch/Rambler
Building Details
Building Size
705 SF
Year Built
1957
Listing Agency:
Century 21 Alliance-Moorestown
Listed By:
Karen I Tilley · License #1004700
(609) 387-0335
Source:
Evrealestate
Added: Jul 20
Changed: Oct 21
Last Checked: Oct 20 at 8:15PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
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
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,103
Cap Rate
4.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$202,060
$202.1K
Cap Rate 7%
$144,329
$144.3K
Cap Rate 9%
$112,256
$112.3K
Market Conditions
NOI Build-Up for 705 SF
Gross rent
$15.2K $21.60/SF
− Vacancy
−$795 −$1.13/SF
EGI
$14.4K $20.47/SF
− OpEx
−$4.3K −$6.14/SF
NOI
$10.1K $14.33/SF
Area
Burlington County, NJ
Vacancy
5.22%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$202,060
Cap Rate 7%
$144,329
Cap Rate 9%
$112,256
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 authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Location Intelligence
Trade Area within ½ mile
149
Businesses Nearby
Explore this area
Business Placement
Demographics for 08068, NJ
6,628
Population
2,888
Households
2.3
Avg Household Size
42
Median Age
24%
College-Educated
92%
High-School Grad
23.3 sq mi
ZIP Area
284
Density / Sq Mi
$79,570
Median Household Income
$48,498
Median Earnings
$1,100
Median Rent
$256,000
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
Frequently Asked Questions
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
