Victorian 2-Unit
For Sale
Under Contract
$385,000
117 STATION Avenue, Glendora, NJ 08029
Multi-Family, GLENDORA, NJ
Property Size2,132 SF
Lot Size0.29 Acres
Price / SF$180.58
Days on Market15
Property Features for 117 STATION Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Rooms
Basement
Parking
2
Parking features
Driveway, Garage - Detached
Subdivision
GLENDORA
High school
TRITON H.S.
Elementary school district
BLACK HORSE PIKE REGIONAL SCHOOLS
Middle school district
BLACK HORSE PIKE REGIONAL SCHOOLS
High school district
BLACK HORSE PIKE REGIONAL SCHOOLS
Standard status
Active Under Contract
Size
2,132 SF
Lot size
0.29 Acres
Taxes and HOA fees
Tax Annual Amount
7816
Utilities
Heating system
Forced Air
Cooling system
Window Unit(s)
Building Details
Year built
1942
Number of units
2
Building materials
Vinyl Siding, Block
Architectural style
Victorian
Listing Agency:
OCF Realty LLC - Philadelphia
(215) 735-7368
Listed By:
Alyssia Saraullo · License #2333864
(856) 834-9949
Added: Oct 8
Changed: Oct 21
Last Checked: Oct 22 at 9:06PM
MLS# NJCD2127968
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 1942 Victorian duplex contains two units with a combined 2,132 square feet of living area. The attic in the second unit has been converted, and a roof installation is scheduled. The property also includes a basement, vinyl siding, and block construction. Heating is forced air, with window-unit cooling.
Set on a 0.2893-acre parcel, the property has a detached garage and driveway parking. The two-unit layout, converted attic, and garage are the principal physical features of the offering.
Set on a 0.2893-acre parcel, the property has a detached garage and driveway parking. The two-unit layout, converted attic, and garage are the principal physical features of the offering.
Key Highlights
- Two‑unit Victorian duplex built in 1942
- 2,132 square feet on a 0.2893‑acre lot
- Converted attic in the second unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,247
Cap Rate
6.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$484,940
$484.9K
Cap Rate 7%
$346,386
$346.4K
Cap Rate 9%
$269,411
$269.4K
Market Conditions
NOI Build-Up for 2,132 SF
Gross rent
$36.6K $17.16/SF
− Vacancy
−$1.9K −$0.91/SF
EGI
$34.6K $16.25/SF
− OpEx
−$10.4K −$4.87/SF
NOI
$24.2K $11.37/SF
Area
Camden County, NJ
Vacancy
5.32%
Lease Rate
$17.16 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$484,940
Cap Rate 7%
$346,386
Cap Rate 9%
$269,411
Alternative Uses
Best Use
Multifamily LT 5
$346.4K
$303.1K – $404.1K
NOI $24,247 @ 7.0% cap · market cap 6.30%
Second Best
Apartment 5plus
$309.3K
$270.7K – $360.9K
NOI $21,652 @ 7.0% cap · market cap 5.62%
Theoretical Best
Office A
$540.6K
$473.0K – $630.7K
NOI $37,841 @ 7.0% cap · market cap 9.83%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
395
Businesses Nearby
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Business Placement
Demographics for 08029, NJ
4,900
Population
2,217
Households
2.2
Avg Household Size
43
Median Age
25%
College-Educated
94%
High-School Grad
1.1 sq mi
ZIP Area
4,455
Density / Sq Mi
$95,038
Median Household Income
$50,658
Median Earnings
$782
Median Rent
$220,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - The second unit includes a converted attic, and the property has a detached garage.
Where is this duplex located?
The property is located at 117 STATION Avenue Glendora, NJ.
What is the asking price?
The asking price for this property is $385,000.
What are key features of this property?
This property features: Two‑unit Victorian duplex built in 1942; 2,132 square feet on a 0.2893‑acre lot; Converted attic in the second unit
