Renovated Duplex with Tenant
For Sale
$292,000
11 TROUT Avenue, Clementon, NJ 08021
Multi-Family, CLEMENTON, NJ
Property Size1,278 SF
Lot Size0.20 Acres
Price / SF$228.48
Days on Market47
Property Features for 11 TROUT Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Rooms
Basement
Parking features
Driveway
Elementary school district
CLEMENTON BOROUGH PUBLIC SCHOOLS
Middle school district
CLEMENTON BOROUGH PUBLIC SCHOOLS
High school district
CLEMENTON BOROUGH PUBLIC SCHOOLS
Standard status
Active
Size
1,278 SF
Lot size
0.20 Acres
Taxes and HOA fees
Tax Annual Amount
5812
Utilities
Heating system
Forced Air
Cooling system
Wall Unit(s), Central Air
Building Details
Year built
1930
Number of units
1
Building materials
Frame
Architectural style
Other
Listing Agency:
Opus Elite Real Estate of NJ, LLC
(609) 540-5505
Listed By:
Kelli A Ciancaglini · License #1110450
(856) 522-3200
Added: Sep 12
Changed: Oct 13
Last Checked: Oct 28 at 4:06AM
MLS# NJCD2126676
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This duplex in Clementon, NJ, contains two residential units within a 1,278-square-foot frame property built in 1930. The renovated unit includes 2 bedrooms and 1 full bath, with an updated kitchen, newer appliances, refreshed flooring and carpeting, fresh paint, and updated six-panel doors. The second unit provides 1 bedroom and 1 full bath and is tenant occupied, creating an existing rental-income component.
The property occupies 0.202 acres and includes a large yard and driveway parking. Heating is provided by forced air, while cooling is supplied through central air and wall unit(s). A basement is also included in the property’s room features.
The property occupies 0.202 acres and includes a large yard and driveway parking. Heating is provided by forced air, while cooling is supplied through central air and wall unit(s). A basement is also included in the property’s room features.
Key Highlights
- Two‑unit duplex with 1,278 square feet on a 0.202‑acre lot
- Renovated unit offers 2 bedrooms and 1 full bath
- Second unit includes 1 bedroom and 1 full bath and is tenant occupied
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,535
Cap Rate
4.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$290,700
$290.7K
Cap Rate 7%
$207,643
$207.6K
Cap Rate 9%
$161,500
$161.5K
Market Conditions
NOI Build-Up for 1,278 SF
Gross rent
$21.9K $17.16/SF
− Vacancy
−$1.2K −$0.91/SF
EGI
$20.8K $16.25/SF
− OpEx
−$6.2K −$4.87/SF
NOI
$14.5K $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 Rate 5%
$290,700
Cap Rate 7%
$207,643
Cap Rate 9%
$161,500
Alternative Uses
Best Use
Multifamily LT 5
$207.6K
$181.7K – $242.3K
NOI $14,535 @ 7.0% cap · market cap 4.98%
Second Best
Apartment 5plus
$185.4K
$162.2K – $216.3K
NOI $12,979 @ 7.0% cap · market cap 4.44%
Theoretical Best
Office A
$324.0K
$283.5K – $378.1K
NOI $22,683 @ 7.0% cap · market cap 7.77%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
441
Businesses Nearby
Explore this area
Business Placement
Demographics for 08021, NJ
51,458
Population
22,195
Households
2.3
Avg Household Size
37
Median Age
25%
College-Educated
90%
High-School Grad
13.0 sq mi
ZIP Area
3,958
Density / Sq Mi
$67,439
Median Household Income
$42,864
Median Earnings
$1,288
Median Rent
$192,200
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
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit property with a large yard, driveway parking, and a vacant renovated residence.
Where is this duplex located?
The property is located at 11 TROUT Avenue Clementon, NJ.
What is the asking price?
The asking price for this property is $292,000.
What are key features of this property?
This property features: Two‑unit duplex with 1,278 square feet on a 0.202‑acre lot; Renovated unit offers 2 bedrooms and 1 full bath; Second unit includes 1 bedroom and 1 full bath and is tenant occupied
