Upper-Level Residential Income
For Sale
$200,000
1213 HUNTINGDON MEWS, Clementon, NJ 08021
Upper-level residence featuring a renovated kitchen and a two-bedroom, two-bathroom configuration.
Property Size946 SF
Days on Market55
Property Features for 1213 HUNTINGDON MEWS
General Information
Standard status
Active
Size
946 SF
Property subtype
Unit/Flat/Apartment
Units
Unit Mix
1 x 2BR/2BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$2,981
Building Details
Building Size
946 SF
Year Built
1979
Listing Agency:
Real Broker, LLC
Listed By:
Matthew J Curcio · License #0121845
(856) 888-9505
Source:
Patmckennarealtors
Added: Aug 13
Changed: Oct 3
Last Checked: Oct 5 at 10:08PM
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 Real Broker, LLC
Investment Insights
Based on property information with market context.
This upper-level residential income unit offers two bedrooms and two bathrooms, with an updated kitchen as a notable improvement. The residence was built in 1979 and is located in Gloucester Township, New Jersey.
Key Highlights
- Two‑bedroom, two‑bathroom residential unit
- Upper‑level placement
- Updated kitchen
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,607
Cap Rate
4.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$192,140
$192.1K
Cap Rate 7%
$137,243
$137.2K
Cap Rate 9%
$106,744
$106.7K
Market Conditions
NOI Build-Up for 946 SF
Gross rent
$18.5K $19.56/SF
− Vacancy
−$1.0K −$1.10/SF
EGI
$17.5K $18.46/SF
− OpEx
−$7.9K −$8.31/SF
NOI
$9.6K $10.16/SF
Area
Camden County, NJ
Vacancy
5.60%
Lease Rate
$19.56 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$192,140
Cap Rate 7%
$137,243
Cap Rate 9%
$106,744
Alternative Uses
Best Use
Apartment 5plus
$137.2K
$120.1K – $160.1K
NOI $9,607 @ 7.0% cap · market cap 4.80%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$239.9K
$209.9K – $279.8K
NOI $16,790 @ 7.0% cap · market cap 8.40%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
448
Businesses Nearby
Explore this area
Business Placement
Demographics for 08021, NJ
51,458
Population
22,195
Households
2.3
Avg Household Size
37
Median Age
25%
College-Educated
90%
High-School Grad
13.0 sq mi
ZIP Area
3,958
Density / Sq Mi
$67,439
Median Household Income
$42,864
Median Earnings
$1,288
Median Rent
$192,200
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Upper-level residence featuring a renovated kitchen and a two-bedroom, two-bathroom configuration.
Where is this residential income property located?
The property is located at 1213 HUNTINGDON MEWS Clementon, NJ.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: Two‑bedroom, two‑bathroom residential unit; Upper‑level placement; Updated kitchen
