Duplex With Front
122 E WAYNE TERRACE Collingswood, NJ 08108
For Sale
$399,000
Dutch Colonial duplex with two bedrooms per unit, wood-burning fireplaces, and shared foyer with driveway parking and double garage.
Property Size1,843 SF
Price / SF$216.49
Days on Market10
Property Features for 122 E WAYNE TERRACE
General Information
Standard status
Active
Size
1,843 SF
Property subtype
Duplex
Building Details
Year Built
1925
Listing Agency:
Sabal Real Estate
(856) 905-4278
Listed By:
Linda C Jakymiw · License #226632
(856) 905-4278
Source:
Cummingsrealtors
Added: Jul 20
Changed: Jul 27
Last Checked: Jul 29 at 5:49AM
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 Sabal Real Estate
Investment Insights
Based on property information with market context.
This Dutch Colonial duplex offers two bedrooms in each unit, along with a kitchen and dining room, one full bath, and original hardwood floors in the living rooms, dining rooms, and bedrooms. Both units feature wood-burning fireplaces, with a front porch at the entry. Inside, a shared foyer provides access to the first-floor unit to the right and the second-floor unit up the stairs on the left, where two original stained-glass windows adorn the staircase.
A storage area off the foyer includes stairs to an exterior side entrance and provides access to both upper and lower levels. The full basement includes shared laundry and ample storage. The upper unit includes a wall of windows and a glass door leading to an open upper-level porch.
Driveway parking and a double car garage are included. The lower unit has central air conditioning and forced air gas heat, while the upper unit has an air handler for air conditioning and gas radiant heat on the upper level. There are separate gas water heaters, a shared water/sewer meter, and solar panels for the upper unit only under a transferable solar lease.
A storage area off the foyer includes stairs to an exterior side entrance and provides access to both upper and lower levels. The full basement includes shared laundry and ample storage. The upper unit includes a wall of windows and a glass door leading to an open upper-level porch.
Driveway parking and a double car garage are included. The lower unit has central air conditioning and forced air gas heat, while the upper unit has an air handler for air conditioning and gas radiant heat on the upper level. There are separate gas water heaters, a shared water/sewer meter, and solar panels for the upper unit only under a transferable solar lease.
Key Highlights
- Dutch Colonial duplex built in 1925 in Collingswood with two bedrooms per unit
- Each unit features original hardwood floors and a wood‑burning fireplace
- Shared foyer with original stained‑glass windows on the staircase
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 | $31.6k | $17.16 |
| − Vacancy | −$1.7k | −$0.91 |
| EGI | $29.9k | $16.25 |
| − OpEx | −$9.0k | −$4.87 |
| NOI | $21.0k | $11.37 |
1,843 SF · lease $17.16/SF/yr · vacancy 5.32% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$299.4K
$262.0K – $349.3K
NOI $20,960 @ 7.0% cap · market cap 5.25%
Second Best
Apartment 5plus
$267.4K
$234.0K – $312.0K
NOI $18,717 @ 7.0% cap · market cap 4.69%
Theoretical Best
Office A
$467.3K
$408.9K – $545.2K
NOI $32,711 @ 7.0% cap · market cap 8.20%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Dutch Colonial duplex with two bedrooms per unit, wood-burning fireplaces, and shared foyer with driveway parking and double garage.
Where is this duplex located?
The property is located at 122 E WAYNE TERRACE Collingswood, NJ.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Dutch Colonial duplex built in 1925 in Collingswood with two bedrooms per unit; Each unit features original hardwood floors and a wood‑burning fireplace; Shared foyer with original stained‑glass windows on the staircase
