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    Remodeled Three-Family Rental Property Title is generated by Realmo AI

    121 E Browning Road, Bellmawr, NJ 08031

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    Claim this Listing
    New
    For Sale
    $549,999

    MULTI_FAMILY - Bellmawr, NJ

    Property size:
    2,492 SF
    Lot size:
    0.36 Acres
    Price / SF:
    $220/SF
    Added:
    Jun 13, 2026
    Days on Market:
    1
    Last Refresh:
    Jun 13 at 5:06 pm

    Property Features for 121 E Browning Road

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    6
    Bathrooms
    3
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 4, Bedroom 5, Bedroom 2, Basement, Bedroom 6, Bedroom 3, Bedroom 1
    Basement
    Walk-Out Access, Full
    Standard status
    Active
    APN
    04-00101-01-00023
    Size
    2,492 SF
    Lot size
    0.36 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    8353

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Radiant
    Water source
    Public

    Building Details

    Year built
    1950
    Floors in Building
    3
    Number of units
    3

    We can help!

    Listing Contact
    Joy Bearden
    Joy Bearden

    Listing agent Joy Bearden License #0341335

    Listing office Keller Williams Preferred Properties,Ship Bottom 701 N Central Ave., Ship Bpttom, NJ

    Listing date Jun 13, 2026

    MLS# 22617941 Listing URL

    Copyright © 2026 More MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Completely remodeled three‑family rental with each floor configured as its own unit
    • Each unit features 2 bedrooms, a living room, kitchen, and bathroom
    • Common area includes a washer and dryer
    • Current rent: Unit 1 and Unit 2 pay $1,750/month; Unit 3 pays $1,650/month
    • Built in 1950 with radiant heating
    • Water and sewer services: public water and public sewer

    Overview

    Completely remodeled three-family rental property featuring a simple, functional vertical layout. Each floor is its own unit and includes two bedrooms, a living room, a kitchen, and a bathroom. Residents also share a common area with washer and dryer facilities, adding convenience for everyday use.

    The property is located at 121 E Browning Road in Bellmawr, New Jersey, within Camden County. It sits on a 0.36-acre lot and totals 2,492 square feet.

    From an ownership or leasing perspective, this configuration offers three distinct rental units within one building, each with the same core room layout. Units 1 and 2 are currently paying $1,750 per month, and unit 3 is currently paying $1,650 per month. The remodeled condition and in-unit-style floor plans supported by shared laundry make the property straightforward to operate and manage for a residential income portfolio.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    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.

    Component $ $/SF
    Gross rent $42.8k $17.16
    − Vacancy −$2.3k −$0.91
    EGI $40.5k $16.25
    − OpEx −$12.1k −$4.87
    NOI $28.3k $11.37
    2,492 SF · lease $17.16/SF/yr · vacancy 5.32% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $404.9K
    $354.3K – $472.4K (±1% cap)
    NOI $28,341 @ 7.0% cap · market cap 5.15%
    Second Best
    Apartment 5plus
    $361.5K
    $316.4K – $421.8K (±1% cap)
    NOI $25,308 @ 7.0% cap · market cap 4.60%
    Theoretical Best
    Office A
    $631.9K
    $552.9K – $737.2K (±1% cap)
    NOI $44,230 @ 7.0% cap · market cap 8.04%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bellmawr
    County
    Camden
    State
    New Jersey
    Longitude
    -75.074688
    Latitude
    39.866081

    FAQs

    What type of property is this?
    Triplex - Turnkey triplex with three separate two-bedroom units and on-site laundry access.
    Where is this triplex located?
    The property is located at 121 E Browning Road Bellmawr, NJ.
    What is the asking price?
    The asking price for this property is $549,999.
    What are key features of this property?
    This property features: Completely remodeled three‑family rental with each floor configured as its own unit; Each unit features 2 bedrooms, a living room, kitchen, and bathroom; Common area includes a washer and dryer
    More about this property
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