Mixed-Use Property with
1132 S 3RD Street, Camden, NJ 08103
For Sale
New
$329,000
Multi-Family, CAMDEN, NJ
Property Size2,560 SF
Lot Size0.04 Acres
Price / SF$128.52
Days on Market7
Property Features for 1132 S 3RD Street
General Information
Property type
Property subtype
Rooms
Parking features
Subdivision
Elementary school district
Middle school district
High school district
Standard status
Size
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Annual Amount
Utilities
Heating system
Building Details
Year built
Number of units
Building materials
Architectural style
Listing Agency:
Tesla Realty Group LLC
(844) 837-5274
Listed By:
Vanessa Maldonado · License NJ #2438218
(609) 271-8796
Added: Nov 6
Changed: Nov 10
Last Checked: Nov 12 at 9:06AM
MLS# NJCD2130342
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.
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Investment Insights
Based on property information with market context.
This brick mixed-use building contains approximately 2,560 square feet on a 0.041-acre corner parcel. An operating bodega occupies the ground floor, with an additional rear area arranged for residential use. The second level has a two-bedroom apartment with distinct living and dining rooms. A one-car garage is also included, and the property dates to 1899.
The building is occupied and is being offered in its current as-is condition with existing tenants. Due diligence regarding zoning, municipal requirements, inspections, and the Certificate of Occupancy is the buyer’s responsibility.
The building is occupied and is being offered in its current as-is condition with existing tenants. Due diligence regarding zoning, municipal requirements, inspections, and the Certificate of Occupancy is the buyer’s responsibility.
Key Highlights
- Approximately 2,560 square feet on a 0.041‑acre corner parcel
- Operating bodega on the ground floor
- Second‑floor apartment with 2 bedrooms and separate living and dining areas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,784
Cap Rate
8.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$535,680
$535.7K
Cap Rate 7%
$382,629
$382.6K
Cap Rate 9%
$297,600
$297.6K
Market Conditions
NOI Build-Up for 2,560 SF
Gross rent
$46.1K $18.00/SF
− Vacancy
−$3.2K −$1.26/SF
EGI
$42.9K $16.74/SF
− OpEx
−$16.1K −$6.28/SF
NOI
$26.8K $10.46/SF
Area
Camden County, NJ
Vacancy
7.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$535,680
Cap Rate 7%
$382,629
Cap Rate 9%
$297,600
Alternative Uses
Best Use
Specialty Retail
$461.6K
$403.9K – $538.6K
NOI $32,314 @ 7.0% cap · market cap 9.82%
Second Best
Mixed Use
$382.6K
$334.8K – $446.4K
NOI $26,784 @ 7.0% cap · market cap 8.14%
Theoretical Best
Office A
$649.1K
$568.0K – $757.3K
NOI $45,437 @ 7.0% cap · market cap 13.81%
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
Current Use
Lease Details
2
Residential units
100%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
583
Businesses Nearby
Explore this area
Business Placement
Demographics for 08103, NJ
12,862
Population
5,384
Households
2.4
Avg Household Size
34
Median Age
10%
College-Educated
71%
High-School Grad
2.1 sq mi
ZIP Area
6,125
Density / Sq Mi
$37,563
Median Household Income
$26,402
Median Earnings
$1,203
Median Rent
$103,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Mixed-use properties in Camden County, NJ
Properties on Market for Mixed-use properties in Camden County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - An operating ground-floor bodega shares the building with residential areas and an upstairs apartment.
Where is this mixed-use property located?
The property is located at 1132 S 3RD Street Camden, NJ.
What is the asking price?
The asking price for this property is $329,000.
What are key features of this property?
This property features: Approximately 2,560 square feet on a 0.041‑acre corner parcel; Operating bodega on the ground floor; Second‑floor apartment with 2 bedrooms and separate living and dining areas
