Updated Duplex with Private
For Sale
$629,900
110 Potter Street, Haddonfield, NJ 08033
Two one-bedroom units combine original character with updated major systems and flexible outdoor amenities.
Property Size1,814 SF
Price / SF$347.24
Days on Market189
Property Features for 110 Potter Street
General Information
Standard status
Active
Size
1,814 SF
Total Parking Spaces
4
Property subtype
Multi-Family / Fee Simple
Zoning
RESIDENTIAL
Taxes and HOA fees
Annual Taxes
$7,200
Amenities
No
Oven/Range - Gas, Refrigerator, Washer/Dryer Stacked, Water Heater, Microwave
Storm
Replacement, Screens
Bathroom - Tub Shower, Built-Ins, Carpet, Ceiling Fan(s), Dining Area, Entry Level Bedroom, Exposed Beams, Floor Plan - Traditional, Kitchen - Eat-In, Kitchen - Table Space, WhirlPool/HotTub, Window Treatments, Wood Floors, Chair Railings, Crown Moldings, Bathroom - Stall Shower
Carbon Monoxide Detector(s), Smoke Detector
Yes - Personal
Above Grade, Below Grade
Chimney Cap(s), Exterior Lighting, Flood Lights, Gutter System, Hot Tub, Sidewalks, Street Lights
Above Ground
Patio(s), Porch(es)
Building Details
Year Built
1912
Listing Agency:
BHHS Fox & Roach - Haddonfield
(856) 938-4205
Listed By:
Suzanne Hoover · License #903552
(856) 938-4205
Source:
Compass
Added: Feb 23
Changed: Aug 31
Last Checked: Aug 31 at 12:50AM
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 BHHS Fox & Roach - Haddonfield
Investment Insights
Based on property information with market context.
Built in 1912, this 1,814-square-foot up-and-down duplex contains two one-bedroom units with 10-foot ceilings. The first-floor residence includes a covered porch, living room, dining area, eat-in kitchen with gas cooking, and stacked washer and dryer. Its partially finished basement adds a sitting area, full bathroom, and two bonus rooms. The upper unit offers a bright layout with hardwood flooring beneath existing carpeting.
Major updates include a roof installed in 2024, a gas furnace installed in 2024, 100 AMP electrical service, and no knob-and-tube wiring. Exterior amenities include a fully fenced yard, patio, hot tub, above-ground pool, gazebo, two storage sheds, and parking for up to four vehicles.
The property is zoned RESIDENTIAL and located at 110 Potter Street in Haddonfield, with a commuter rail station less than 1 mile away, a bus stop less than 1 mile away, and airport access within 10 miles. The PATCO Speedline, downtown shops, dining, and community festivals are also identified nearby.
Major updates include a roof installed in 2024, a gas furnace installed in 2024, 100 AMP electrical service, and no knob-and-tube wiring. Exterior amenities include a fully fenced yard, patio, hot tub, above-ground pool, gazebo, two storage sheds, and parking for up to four vehicles.
The property is zoned RESIDENTIAL and located at 110 Potter Street in Haddonfield, with a commuter rail station less than 1 mile away, a bus stop less than 1 mile away, and airport access within 10 miles. The PATCO Speedline, downtown shops, dining, and community festivals are also identified nearby.
Key Highlights
- Two‑unit duplex with 1,814 SF of interior space
- Both units feature 10‑foot ceilings and one bedroom
- New roof and gas furnace installed in 2024
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
$20,631
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
3.28%
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%
$412,620
$412.6K
Cap Rate 7%
$294,729
$294.7K
Cap Rate 9%
$229,233
$229.2K
Market Conditions
NOI Build-Up for 1,814 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
$31.1K $17.16/SF
− Vacancy
−$1.7K −$0.91/SF
EGI
$29.5K $16.25/SF
− OpEx
−$8.8K −$4.87/SF
NOI
$20.6K $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%
$412,620
Cap Rate 7%
$294,729
Cap Rate 9%
$229,233
Alternative Uses
Best Use
Multifamily LT 5
$294.7K
$257.9K – $343.9K
NOI $20,631 @ 7.0% cap · market cap 3.28%
Second Best
Apartment 5plus
$263.2K
$230.3K – $307.0K
NOI $18,422 @ 7.0% cap · market cap 2.92%
Theoretical Best
Office A
$459.9K
$402.5K – $536.6K
NOI $32,196 @ 7.0% cap · market cap 5.11%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,267
Businesses Nearby
Explore this area
Business Placement
Demographics for 08033, NJ
17,451
Population
6,914
Households
2.5
Avg Household Size
40
Median Age
73%
College-Educated
99%
High-School Grad
3.9 sq mi
ZIP Area
4,475
Density / Sq Mi
$143,661
Median Household Income
$80,817
Median Earnings
$1,449
Median Rent
$581,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two one-bedroom units combine original character with updated major systems and flexible outdoor amenities.
Where is this duplex located?
The property is located at 110 Potter Street Haddonfield, NJ.
What is the asking price?
The asking price for this property is $629,900.
What are key features of this property?
This property features: Two‑unit duplex with 1,814 SF of interior space; Both units feature 10‑foot ceilings and one bedroom; New roof and gas furnace installed in 2024
