Building Details

Year Built 1899

Buildings 1

Listing Agency: Tesla Realty Group LLC b***@teslarealtygroup.com Show Phone

Listed By: Vanessa Maldonado · License #2438218 Show Phone

Source: Cummingsrealtors

Added: Oct 28 Changed: Oct 30 Last Checked: Nov 1 at 5:02AM

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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 Tesla Realty Group LLC

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Investment Insights

Based on property information with market context.

This 2,560-square-foot mixed-use property in Camden includes an operating bodega, a rear first-floor apartment with one bedroom, and a second-floor apartment with two bedrooms, a living room, and a dining room. A one-car garage provides additional space. Built in 1899, the building has had roof maintenance and a water heater replacement in 2026, along with installation of a new chimney. The property is offered as-is, with tenants in place who would like to stay.

The building occupies a corner lot at 1132 S 3rd Street. The buyer is responsible for township requirements, including zoning and the Certificate of Occupancy.

Key Highlights

• 2,560‑square‑foot mixed‑use property
• Operating bodega and two apartments: one one‑bedroom unit and one two‑bedroom unit
• One‑car garage

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

Is this asking price fair?

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 (±1% cap)

NOI $32,314 @ 7.0% cap · market cap 9.82%

Second Best

Mixed Use

$382.6K

$334.8K – $446.4K (±1% cap)

NOI $26,784 @ 7.0% cap · market cap 8.14%

Theoretical Best

Office A

$649.1K

$568.0K – $757.3K (±1% cap)

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

Aguilera Grocery Store Grocery & Convenience Store Sycamore Apartments Apartment Building

Suggested Use

Top Pick Real Estate Agency Spa & Massage Center Electrical Service Garden Center (Bike/Boat/Book/etc) Store Law Firm

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

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

Market

Vacancy Rate% for Retail in Northeast region

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

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Frequently Asked Questions

What type of property is this?

Mixed-use property - The property combines an operating neighborhood store with two apartments and a separate garage.

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: 2,560‑square‑foot mixed‑use property; Operating bodega and two apartments: one one‑bedroom unit and one two‑bedroom unit; One‑car garage