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Side-by-Side Duplex Investment

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
Listed by Stacy Schnell · License #1537581
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.

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 (±1% cap)
NOI $26,946 @ 7.0% cap · market cap 9.66%
Second Best
Apartment 5plus
$354.4K
$310.1K – $413.4K (±1% cap)
NOI $24,805 @ 7.0% cap · market cap 8.89%
Theoretical Best
Office A
$3.11M
$2.72M – $3.63M (±1% cap)
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

Suggested Use

Real Estate Agency Law Firm Parking Lot & Garage HVAC Service Electrical Service Plumbing Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Storage Facility

Zoning and permitted uses should be independently verified with local authorities.

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
Contact an agent
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