Bellmawr Duplex with Upside
123 West Kings Highway, Bellmawr, NJ 08031
New
Duplex in Bellmawr near Philadelphia with value-add opportunity.
Type:Multi-Family / Fee Simple
Property size:
1,636 SFPrice / SF:
$192/SF- Added:
- May 27, 2026
- Days on Market:
- 4
- Last Refresh:
- May 27 at 11:09 am
Property Features for 123 West Kings Highway
General Information
- Standard status
- Active
- Size
- 1,636 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1950
Listing agent Timothy H Belko License #0564155 (856) 981-1743
Listing office BHHS Fox & Roach-Washington-Gloucester (856) 981-1743
Listing date May 27, 2026
Source Compass
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 BHHS Fox & Roach-Washington-Gloucester
HighLights
- Value‑add opportunity with below‑market rents for increased cash flow.
- Convenient location less than 15 minutes from Philadelphia.
- Flexible investment with one month‑to‑month tenancy, ideal for owner‑occupant.
- First‑floor unit features 3 bedrooms, 1 bath, and basement access.
- Separate gas and electric paid by tenants.
- Off‑street parking.
Overview
This multi-family property in Bellmawr features a 3-bedroom, 1-bath first-floor unit with basement access and a 1-bedroom, 1-bath upper unit. The property presents an opportunity for investors to improve future cash flow, as both units are currently rented below market value. One month-to-month tenancy offers flexibility for an owner occupant. The first-floor unit’s basement access adds functionality. The property is suitable for both investors and owner-occupants. It has convenient access to Philadelphia, major roadways, shopping, dining, and everyday amenities. The location is positioned for continued rental demand. Additional features include off-street parking. Tenants separately pay for gas and electric, while the landlord pays for water and sewer. The property size is 1636 square feet. It is located in Bellmawr Boro, Camden County, less than 15 minutes from Philadelphia.
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 | $28.1k | $17.16 |
| − Vacancy | −$1.5k | −$0.91 |
| EGI | $26.6k | $16.25 |
| − OpEx | −$8.0k | −$4.87 |
| NOI | $18.6k | $11.37 |
1,636 SF · lease $17.16/SF/yr · vacancy 5.32% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$265.8K
$232.6K – $310.1K
NOI $18,606 @ 7.0% cap · market cap 5.91%
Second Best
Apartment 5plus
$237.3K
$207.7K – $276.9K
NOI $16,614 @ 7.0% cap · market cap 5.28%
Theoretical Best
Office A
$414.8K
$363.0K – $484.0K
NOI $29,037 @ 7.0% cap · market cap 9.22%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Bellmawr
- County
- Camden
- State
- New Jersey
- Longitude
- -75.1157237
- Latitude
- 39.876636
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Duplex in Bellmawr near Philadelphia with value-add opportunity.
Where is this duplex located?
The property is located at 123 West Kings Highway Bellmawr, NJ.
What is the asking price?
The asking price for this property is $314,900.
What are key features of this property?
This property features: Value‑add opportunity with below‑market rents for increased cash flow.; Convenient location less than 15 minutes from Philadelphia.; Flexible investment with one month‑to‑month tenancy, ideal for owner‑occupant.
