Two-Unit Duplex with
113 East Pacific Avenue Minotola, NJ 08341
113 East Pacific Avenue, Minotola, NJ, 08341
$219,900
For Sale
$219,900
Two occupied duplex units with open front porches and yard space on a deep lot.
Property Size1,838 SF
Price / SF$119.64
Days on Market15
Property Features for 113 East Pacific Avenue
General Information
- Standard status
- Active
- Size
- 1,838 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1900
Listing agency
Barragan Realty LLC
(609) 774-4932
Listed by
Mary A Dean · License #8745122
(609) 774-4932
Source
Compass
Added: Jul 8 Updated: Jul 21 at 2:18PM Checked: Jul 22 at 9:36AM
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 Barragan Realty LLC
Investment Insights
Based on property information with market context.
This two-unit duplex offers residential income with both units currently occupied on month-to-month leases. Each home is described as having three bedrooms and a single bathroom. The property includes open front porches, and sits on a deep lot that provides additional yard space.
The duplex is located in the Buena Boro area of Minotola, NJ, in Atlantic County. Buena Regional High School is noted within the Buena Regional Schools district.
Offered strictly as-is, the seller provides no warranties or guarantees. The listed rents are $1,000 and $1,200 for the two units.
The duplex is located in the Buena Boro area of Minotola, NJ, in Atlantic County. Buena Regional High School is noted within the Buena Regional Schools district.
Offered strictly as-is, the seller provides no warranties or guarantees. The listed rents are $1,000 and $1,200 for the two units.
Key Highlights
- Occupied 2‑unit duplex with tenants on month‑to‑month lease who will stay with the property
- Monthly rent of $1,000 and $1,200 for the two occupied units
- Home features include eat‑in kitchen, traditional floor plan, and attic space
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $35.5k | $19.32 |
| − Vacancy | −$2.1k | −$1.12 |
| EGI | $33.5k | $18.20 |
| − OpEx | −$15.1k | −$8.19 |
| NOI | $18.4k | $10.01 |
1,838 SF · lease $19.32/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$299.0K
$261.7K – $348.9K
NOI $20,932 @ 7.0% cap · market cap 9.52%
Second Best
Apartment 5plus
$262.8K
$230.0K – $306.6K
NOI $18,398 @ 7.0% cap · market cap 8.37%
Theoretical Best
Warehouse
$684.5K
$598.9K – $798.5K
NOI $47,912 @ 7.0% cap · market cap 21.79%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Two occupied duplex units with open front porches and yard space on a deep lot.
Where is this duplex located?
The property is located at 113 East Pacific Avenue Minotola, NJ.
What is the asking price?
The asking price for this property is $219,900.
What are key features of this property?
This property features: Occupied 2‑unit duplex with tenants on month‑to‑month lease who will stay with the property; Monthly rent of $1,000 and $1,200 for the two occupied units; Home features include eat‑in kitchen, traditional floor plan, and attic space
