Brick Storefront
New
For Sale
$325,000
1206 HADDON AVENUE, Camden, NJ 08103
Built in 1912, the property offers a compact commercial footprint with on-street parking and substantial rehabilitation needs.
Property Size1,400 SF
Lot Size0.04 Acres
Price / SF$232.14
Days on Market7
Property Features for 1206 HADDON AVENUE
General Information
Standard status
Active
Size
1,400 SF
Lot size
0.04 Acres
Property subtype
Commercial
Property Condition
Severity
Major Repairs Needed
Evidence
requires major rehabilitation
Building Details
Year Built
1912
Construction
brick
Listing Agency:
Coldwell Banker Realty
(856) 235-0101
Listed By:
Garnett Jamil Briscoe · License #2186840
(856) 495-6019
Source:
Cummingsrealtors
Added: Sep 14
Changed: Sep 19
Last Checked: Sep 19 at 10:03AM
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 Coldwell Banker Realty
Investment Insights
Based on property information with market context.
This 1,400-square-foot brick storefront building was constructed in 1912 and occupies a 0.04-acre lot. The property requires major rehabilitation, offering a future owner the opportunity to undertake a full renovation suited to the building’s commercial format.
Located at 1206 Haddon Avenue in Camden, New Jersey, the property includes access to on-street parking. Its existing brick construction and established storefront configuration provide a defined starting point for redevelopment.
Located at 1206 Haddon Avenue in Camden, New Jersey, the property includes access to on-street parking. Its existing brick construction and established storefront configuration provide a defined starting point for redevelopment.
Key Highlights
- 1,400‑square‑foot brick storefront building
- Constructed in 1912
- Located on a 0.04‑acre lot
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$13,480
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.15%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$269,600
$269.6K
Cap Rate 7%
$192,571
$192.6K
Cap Rate 9%
$149,778
$149.8K
Market Conditions
NOI Build-Up for 1,400 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$21.0K $15.00/SF
− Vacancy
−$1.7K −$1.25/SF
EGI
$19.3K $13.76/SF
− OpEx
−$5.8K −$4.13/SF
NOI
$13.5K $9.63/SF
Area
Camden County, NJ
Vacancy
8.30%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$269,600
Cap Rate 7%
$192,571
Cap Rate 9%
$149,778
Alternative Uses
Best Use
Retail
$192.6K
$168.5K – $224.7K
NOI $13,480 @ 7.0% cap · market cap 4.15%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$355.0K
$310.6K – $414.1K
NOI $24,848 @ 7.0% cap · market cap 7.65%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,848
Businesses Nearby
Under-served
Demand for This Use
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Storefront property - Built in 1912, the property offers a compact commercial footprint with on-street parking and substantial rehabilitation needs.
Where is this storefront property located?
The property is located at 1206 HADDON AVENUE Camden, NJ.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: 1,400‑square‑foot brick storefront building; Constructed in 1912; Located on a 0.04‑acre lot
