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Victorian Duplex with Detached Garage
New
For Sale
$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 Market3

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
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
Listed By: Alyssia Saraullo · License #2333864
Added: Oct 8 Changed: Oct 9 Last Checked: Oct 10 at 10:06AM
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.

Investment Insights

Based on property information with market context.

Built in 1942, this two-unit Victorian property contains 2,132 square feet on a 0.2893-acre lot. The second unit includes a converted attic, and a basement is also present. Exterior materials include vinyl siding and block construction.

A detached garage and driveway provide on-site parking. Heating is forced air, and cooling is provided by window units.

Key Highlights

  • Two‑unit Victorian property 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 (±1% cap)
NOI $24,247 @ 7.0% cap · market cap 6.30%
Second Best
Apartment 5plus
$309.3K
$270.7K – $360.9K (±1% cap)
NOI $21,652 @ 7.0% cap · market cap 5.62%
Theoretical Best
Office A
$540.6K
$473.0K – $630.7K (±1% cap)
NOI $37,841 @ 7.0% cap · market cap 9.83%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Parking Lot & Garage Daycare Center Gym & Fitness Center

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

395
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Duplex - The second residence includes a converted attic, and the property has driveway parking.
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 property built in 1942; 2,132 square feet on a 0.2893‑acre lot; Converted attic in the second unit
More about this property
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