Two-Unit
117--119 PEACH Street, Hammonton, NJ 08037
For Sale
$425,000
Multi-Family, HAMMONTON, NJ
Property Size2,193 SF
Lot Size0.09 Acres
Price / SF$193.80
Days on Market51
Property Features for 117--119 PEACH Street
General Information
Property type
Property subtype
Rooms
Parking
Parking features
Appliances
Subdivision
Elementary school district
Middle school district
High school district
Standard status
Size
Lot size
Taxes and HOA fees
Tax Annual Amount
Utilities
Heating system
Cooling system
Building Details
Year built
Number of units
Building materials
Architectural style
Listing Agency:
Keller Williams Realty - Atlantic Shore
(609) 484-9890
Listed By:
Benjamin C Kruse · License NJ #2184380
(609) 204-7891
Added: Sep 24
Last Checked: Nov 13 at 11:06PM
MLS# NJAC2026844
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 frame duplex contains two residences, each with two bedrooms and one bathroom, across 2,193 square feet. The property was built in 1930 and sits on a 0.0918-acre lot. A basement, detached garage, refrigerator and stove are included. Heating is forced air, with wall-unit cooling.
Both units are tenant-occupied and generate rental income. The property is located in Hammonton, New Jersey.
Both units are tenant-occupied and generate rental income. The property is located in Hammonton, New Jersey.
Key Highlights
- Two 2‑bedroom, 1‑bath units
- 2,193 square feet of living space
- Both residences are tenant‑occupied and generate rental income
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,975
Cap Rate
5.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$499,500
$499.5K
Cap Rate 7%
$356,786
$356.8K
Cap Rate 9%
$277,500
$277.5K
Market Conditions
NOI Build-Up for 2,193 SF
Gross rent
$38.2K $17.40/SF
− Vacancy
−$2.5K −$1.13/SF
EGI
$35.7K $16.27/SF
− OpEx
−$10.7K −$4.88/SF
NOI
$25.0K $11.39/SF
Area
Atlantic County, NJ
Vacancy
6.50%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$499,500
Cap Rate 7%
$356,786
Cap Rate 9%
$277,500
Alternative Uses
Best Use
Multifamily LT 5
$356.8K
$312.2K – $416.3K
NOI $24,975 @ 7.0% cap · market cap 5.88%
Second Best
Apartment 5plus
$313.6K
$274.4K – $365.9K
NOI $21,951 @ 7.0% cap · market cap 5.16%
Theoretical Best
Warehouse
$816.7K
$714.6K – $952.8K
NOI $57,166 @ 7.0% cap · market cap 13.45%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
691
Businesses Nearby
Explore this area
Business Placement
Demographics for 08037, NJ
23,814
Population
9,682
Households
2.5
Avg Household Size
44
Median Age
29%
College-Educated
90%
High-School Grad
122.5 sq mi
ZIP Area
194
Density / Sq Mi
$83,762
Median Household Income
$40,668
Median Earnings
$1,297
Median Rent
$307,700
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Atlantic County, NJ
Properties on Market for Duplexes in Atlantic County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Both units are occupied by tenants and produce rental income.
Where is this duplex located?
The property is located at 117--119 PEACH Street Hammonton, NJ.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Two 2‑bedroom, 1‑bath units; 2,193 square feet of living space; Both residences are tenant‑occupied and generate rental income
