Mixed-Use Live-Work
For Sale
$325,000
107 N 6TH Street, Camden, NJ 08102
Multi-Family, CAMDEN, NJ
Property Size2,500 SF
Lot Size0.04 Acres
Price / SF$130
Days on Market342
Property Features for 107 N 6TH Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Parking
2
Parking features
Fenced, Driveway
Subdivision
NONE AVAILABLE
Elementary school district
CAMDEN CITY SCHOOLS
Middle school district
CAMDEN CITY SCHOOLS
High school district
CAMDEN CITY SCHOOLS
Standard status
Active
Size
2,500 SF
Lot size
0.04 Acres
Taxes and HOA fees
Tax Annual Amount
9034
Utilities
Heating system
Forced Air
Cooling system
Central Air
Building Details
Year built
1910
Number of units
2
Building materials
Brick, Mixed Plumbing, Stone, Stucco
Architectural style
Other
Listing Agency:
EXP Realty, LLC
(866) 201-6210
Listed By:
Dana M Ubele · License #6448855
(856) 888-1133
Added: Sep 25, 2025
Changed: Aug 19
Last Checked: Sep 1 at 1:06AM
MLS# NJCD2102876
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This mixed-use live-work building offers versatile space with a commercial main level and residential units on the second and third floors. The main level can be used as a professional or retail location, with permitted uses described in the listing remarks including a clothing boutique, law office, medical/dental practice, barber shop, salon, sales office, accounting firm, and more. The upper floors include a spacious 2BR, 1.5 bath residential apartment that is described as freshly painted, and it is currently tenant occupied on a month-to-month lease.
The property is located at 107 N. 6th Street in Camden, described as being in an Opportunity Zone. The listing remarks also note proximity to Rutgers, Leap Academy, City Hall, and the Camden City Waterfront.
Additional features mentioned include separate utilities (gas and electric) and off-street parking for two cars in a gated lot, with the property described as meticulously maintained.
The property is located at 107 N. 6th Street in Camden, described as being in an Opportunity Zone. The listing remarks also note proximity to Rutgers, Leap Academy, City Hall, and the Camden City Waterfront.
Additional features mentioned include separate utilities (gas and electric) and off-street parking for two cars in a gated lot, with the property described as meticulously maintained.
Key Highlights
- Mixed‑use building at 107 N. 6th Street with commercial space on the main level and a 2BR, 1.5‑bath apartment on the 2nd & 3rd floors
- Tenant‑occupied with a month‑to‑month lease for the apartment
- Construction materials include brick, stone, and stucco; built in 1910
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$28,432
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.75%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$568,640
$568.6K
Cap Rate 7%
$406,171
$406.2K
Cap Rate 9%
$315,911
$315.9K
Market Conditions
NOI Build-Up for 2,500 SF
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.
Gross rent
$42.9K $17.16/SF
− Vacancy
−$2.3K −$0.91/SF
EGI
$40.6K $16.25/SF
− OpEx
−$12.2K −$4.87/SF
NOI
$28.4K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$568,640
Cap Rate 7%
$406,171
Cap Rate 9%
$315,911
Alternative Uses
Best Use
Office B
$501.2K
$438.5K – $584.7K
NOI $35,081 @ 7.0% cap · market cap 10.79%
Second Best
Multifamily LT 5
$406.2K
$355.4K – $473.9K
NOI $28,432 @ 7.0% cap · market cap 8.75%
Theoretical Best
Office A
$633.9K
$554.7K – $739.5K
NOI $44,372 @ 7.0% cap · market cap 13.65%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
2,815
Businesses Nearby
Explore this area
Business Placement
Demographics for 08102, NJ
8,413
Population
3,387
Households
2.5
Avg Household Size
33
Median Age
14%
College-Educated
70%
High-School Grad
1.0 sq mi
ZIP Area
8,413
Density / Sq Mi
$30,895
Median Household Income
$22,171
Median Earnings
$1,057
Median Rent
$79,500
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Live-work space - Main-level professional/retail space with a tenant-occupied 2BR apartment above, plus separate gas and electric and gated parking.
Where is this live-work space located?
The property is located at 107 N 6TH Street Camden, NJ.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Mixed‑use building at 107 N. 6th Street with commercial space on the main level and a 2BR, 1.5‑bath apartment on the 2nd & 3rd floors; Tenant‑occupied with a month‑to‑month lease for the apartment; Construction materials include brick, stone, and stucco; built in 1910
