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20-Unit Apartment Building Portfolio
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115 N 3rd St, Camden, NJ 08102

Two-building multifamily portfolio positioned near Rutgers University with an Opportunity Zone designation.

Property SizeContact for details
Days on Market142

Property Features for 115 N 3rd St

General Information

Standard status Active
Property subtype Mixed Use, Multifamily, Retail

Financials

Asking Price $2,000,000
Opportunity Zone Yes

Additional Details

Multifamily Units 19

Building Details

Buildings 2
Listing Agency: The Gorman Group
Listed By: Patrick Gorman · License #340986
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 31 at 12:46AM

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 The Gorman Group

Investment Insights

Based on property information with market context.

This offering includes two apartment buildings totaling 20 units. The portfolio comprises 115 N 3rd St and 119 N 3rd St; together, the properties contain 19 residential units and one storefront. The buildings may be acquired as a package or separately.

The properties are located in an Opportunity Zone and sit half a block from the Rutgers University campus in Camden. Each building has its own driveway, with the possibility of connecting the driveways between the properties to improve parking functionality. Showings require advance appointment confirmation, and group showings are conducted by appointment.

Key Highlights

  • Two‑building multifamily portfolio with 20 total units
  • 19 residential units and 1 storefront across the two buildings
  • Half a block from the Rutgers University campus

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Spa & Massage Center Hair Salon Nail Salon Auto Repair Shop Building Supply

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

19
Residential units

Location Intelligence

Trade Area within ½ mile

2,770
Businesses Nearby

Demographics for 08102, NJ

8,413
Population
3,387
Households
2.5
Avg Household Size
33
Median Age
14%
College-Educated
70%
High-School Grad
1.0 sq mi
ZIP Area
8,413
Density / Sq Mi
$30,895
Median Household Income
$22,171
Median Earnings
$1,057
Median Rent
$79,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Two-building multifamily portfolio positioned near Rutgers University with an Opportunity Zone designation.
Where is this apartment building located?
The property is located at 115 N 3rd St Camden, NJ.
What are key features of this property?
This property features: Two‑building multifamily portfolio with 20 total units; 19 residential units and 1 storefront across the two buildings; Half a block from the Rutgers University campus
(856) 858-2200 Call to check price and availability
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