Building Details

Year Built 1930

Buildings 1

Stories 2

Listing Agency: EXP Realty, LLC t***@patmckennarealtors.com Show Phone

Listed By: Patricia A Applegate · License #1753018 Show Phone

Source: Cummingsrealtors

Added: Aug 7 Changed: Aug 9 Last Checked: Aug 10 at 7:48AM

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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 EXP Realty, LLC

Investment Insights

Based on property information with market context.

Built in 1930, this two-story duplex contains two 2-bedroom units with individual entrances, private laundry, and separate utilities. One unit has one full bath; the other includes one full bath and one half bath. A garage provides additional functionality, while the semi-finished basement adds approximately 847 sq. ft. of flexible space with a wood-burning fireplace and built-in storage.

Each unit is served by its own 100,000 BTU Crown Aruba boiler, installed in 2014. The property also received electrical updates, removal of the original above-ground oil tanks, and installation of a new 1,000-gallon septic tank with a 1,000-gallon dosing tank. Local shops, dining, and everyday conveniences are nearby.

Key Highlights

• Two 2‑bedroom units with private entries and separate utilities
• Each unit has dedicated laundry facilities
• Unit 1 has one full bath; Unit 2 has one full and one half baths

Property Analytics

Property Profile

Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage Real Estate Agency HVAC Service Auto Parts Store Grocery & Convenience Store Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2

Residential units

Yes

Utilities to site

Location Intelligence

Trade Area within ½ mile

266

Businesses Nearby

Explore this area Business Placement

Demographics for 08318, NJ

11,896

Population

4,648

Households

2.6

Avg Household Size

44

Median Age

26%

College-Educated

91%

High-School Grad

80.4 sq mi

ZIP Area

148

Density / Sq Mi

$87,551

Median Household Income

$48,089

Median Earnings

$1,173

Median Rent

$271,300

Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

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Frequently Asked Questions

What type of property is this?

Duplex - Two-story duplex with separate utilities, private entrances, laundry facilities, and flexible basement space.

Where is this duplex located?

The property is located at 109 OAK STREET Elmer, NJ.

What is the asking price?

The asking price for this property is $335,000.

What are key features of this property?

This property features: Two 2‑bedroom units with private entries and separate utilities; Each unit has dedicated laundry facilities; Unit 1 has one full bath; Unit 2 has one full and one half baths