Dutch Colonial
New
For Sale
$449,900
108 VINE Street, Hammonton, NJ 08037
Multi-Family, HAMMONTON, NJ
Property Size2,192 SF
Lot Size0.12 Acres
Price / SF$205.25
Days on Market3
Property Features for 108 VINE Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Rooms
Basement, Dining Room
Parking features
Driveway
Interior features
Bathroom - Soaking Tub, Breakfast Area, Combination Kitchen/Dining, Dining Area, Floor Plan - Traditional, Kitchen - Eat-In, Pantry, Walk-in Closet(s), Wood Floors
Appliances
Dishwasher, Disposal, Dryer, Washer, Refrigerator, Stove
Subdivision
HAMMONTON TOWN
Elementary school
WARREN E. SOOY JR-ELEMEMTARY SCHOOL
Middle school
HAMMONTON M.S.
High school
HAMMONTON
Elementary school district
HAMMONTON TOWN SCHOOLS
Middle school district
HAMMONTON TOWN SCHOOLS
High school district
HAMMONTON TOWN SCHOOLS
Standard status
Active
Size
2,192 SF
Lot size
0.12 Acres
Taxes and HOA fees
Tax Annual Amount
4340
Utilities
Heating system
Forced Air
Cooling system
Central Air
Amenities
natural gas heat
central air
natural gas range
refrigerator
dishwasher
washer and dryer
Building Details
Year built
1930
Number of units
1
Building materials
Frame
Architectural style
Other
Listing Agency:
Joe Wiessner Realty LLC
Listed By:
Joseph Wiessner · License #9481996
(609) 561-1010
Added: Oct 11
Changed: Oct 12
Last Checked: Oct 13 at 3:06AM
MLS# NJAC2027130
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 2,192-square-foot Dutch Colonial duplex, built in 1930, includes two side-by-side residences sold together. One unit is vacant and the other is tenant-occupied. Each side has its own basement and separate utilities; the property is served by public water and sewer. Features include natural gas heating, central air, wood floors, and a driveway. The vacant unit has two bedrooms and a finished third-floor bonus area accessed through a bedroom.
The property is on Vine Street in Hammonton, one block from downtown and within walking distance of the NJ Transit station. The lot measures 0.124 acres.
The property is on Vine Street in Hammonton, one block from downtown and within walking distance of the NJ Transit station. The lot measures 0.124 acres.
Key Highlights
- Two‑unit Dutch Colonial duplex totaling 2,192 square feet
- Built in 1930 on a 0.124‑acre lot
- One unit vacant; the other tenant‑occupied
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,963
Cap Rate
5.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$499,260
$499.3K
Cap Rate 7%
$356,614
$356.6K
Cap Rate 9%
$277,367
$277.4K
Market Conditions
NOI Build-Up for 2,192 SF
Gross rent
$38.1K $17.40/SF
− Vacancy
−$2.5K −$1.13/SF
EGI
$35.7K $16.27/SF
− OpEx
−$10.7K −$4.88/SF
NOI
$25.0K $11.39/SF
Area
Atlantic County, NJ
Vacancy
6.50%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$499,260
Cap Rate 7%
$356,614
Cap Rate 9%
$277,367
Alternative Uses
Best Use
Multifamily LT 5
$356.6K
$312.0K – $416.1K
NOI $24,963 @ 7.0% cap · market cap 5.55%
Second Best
Apartment 5plus
$313.4K
$274.3K – $365.7K
NOI $21,941 @ 7.0% cap · market cap 4.88%
Theoretical Best
Warehouse
$816.3K
$714.3K – $952.3K
NOI $57,140 @ 7.0% cap · market cap 12.70%
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
Current Use
Lease Details
2
Residential units
Single-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
691
Businesses Nearby
Explore this area
Business Placement
Demographics for 08037, NJ
23,814
Population
9,682
Households
2.5
Avg Household Size
44
Median Age
29%
College-Educated
90%
High-School Grad
122.5 sq mi
ZIP Area
194
Density / Sq Mi
$83,762
Median Household Income
$40,668
Median Earnings
$1,297
Median Rent
$307,700
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Two side-by-side residences offer separate utilities, individual basements, and a mix of vacant and tenant-occupied status.
Where is this duplex located?
The property is located at 108 VINE Street Hammonton, NJ.
What is the asking price?
The asking price for this property is $449,900.
What are key features of this property?
This property features: Two‑unit Dutch Colonial duplex totaling 2,192 square feet; Built in 1930 on a 0.124‑acre lot; One unit vacant; the other tenant‑occupied
