Side-by-Side Duplex
106 American Avenue Bridgeton, NJ 08302
106 American Avenue, Bridgeton, NJ, 08302
$279,000
For Sale
$279,000
Side-by-side duplex features two separate units with off-street parking and separated utilities on an oversized lot.
Property Size2,072 SF
Price / SF$134.65
Days on Market150
Property Features for 106 American Avenue
General Information
- Standard status
- Active
- Size
- 2,072 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1900
Listing agency
Collini Real Estate LLC
(856) 364-0772
Listed by
Stacy Schnell · License #1537581
(856) 364-0772
Source
Compass
Added: Feb 21 Updated: Jul 21 at 2:57AM Checked: Jul 21 at 2:57AM
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 Collini Real Estate LLC
Investment Insights
Based on property information with market context.
This side-by-side duplex provides two residential units with distinct bedroom and bath configurations. One unit offers 2 bedrooms and 1 bath, while the other offers 3 bedrooms and 1.5 baths. The property includes a full basement with storage and a walk-up attic, along with updated electrical panels. Exterior updates include vinyl tilt-in windows, supported by a low-maintenance exterior approach.
The duplex is situated on an oversized lot with plenty of off-street parking. All utilities are separated, supporting unit-by-unit management. The property is within the Bridgeton Public Schools district.
Both units are set up as separate living spaces within the duplex structure, with storage available in the basement and walk-up attic.
The duplex is situated on an oversized lot with plenty of off-street parking. All utilities are separated, supporting unit-by-unit management. The property is within the Bridgeton Public Schools district.
Both units are set up as separate living spaces within the duplex structure, with storage available in the basement and walk-up attic.
Key Highlights
- Side‑by‑side duplex with 2‑bed/1‑bath unit and 3‑bed/1.5‑bath unit
- All utilities separated for the two units
- Oversized lot with plenty of off‑street parking
Local Financial Insights For Apartment 5plus
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 | $48.2k | $23.28 |
| − Vacancy | −$3.1k | −$1.51 |
| EGI | $45.1k | $21.77 |
| − OpEx | −$20.3k | −$9.80 |
| NOI | $24.8k | $11.97 |
2,072 SF · lease $23.28/SF/yr · vacancy 6.50% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$384.9K
$336.8K – $449.1K
NOI $26,946 @ 7.0% cap · market cap 9.66%
Second Best
Apartment 5plus
$354.4K
$310.1K – $413.4K
NOI $24,805 @ 7.0% cap · market cap 8.89%
Theoretical Best
Office A
$3.11M
$2.72M – $3.63M
NOI $217,779 @ 7.0% cap · market cap 78.06%
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 - Side-by-side duplex features two separate units with off-street parking and separated utilities on an oversized lot.
Where is this duplex located?
The property is located at 106 American Avenue Bridgeton, NJ.
What is the asking price?
The asking price for this property is $279,000.
What are key features of this property?
This property features: Side‑by‑side duplex with 2‑bed/1‑bath unit and 3‑bed/1.5‑bath unit; All utilities separated for the two units; Oversized lot with plenty of off‑street parking