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Bellmawr Duplex with Upside Potential

123 West Kings Highway Bellmawr, NJ 08031

123 West Kings Highway, Bellmawr, NJ, 08031

$314,900

For Sale

$314,900

Duplex in Bellmawr near Philadelphia with value-add opportunity.

Property Size1,636 SF

Price / SF$192.48

AddedMay 27

Days on Market49

Last RefreshMay 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 office BHHS Fox & Roach-Washington-Gloucester

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

Investment Insights

Based on property information with market context.

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.

Key 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.

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up

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 (±1% cap)

NOI $18,606 @ 7.0% cap · market cap 5.91%

Second Best

Apartment 5plus

$237.3K

$207.7K – $276.9K (±1% cap)

NOI $16,614 @ 7.0% cap · market cap 5.28%

Theoretical Best

Office A

$414.8K

$363.0K – $484.0K (±1% cap)

NOI $29,037 @ 7.0% cap · market cap 9.22%

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

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

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For sale
Duplexes
NJ
Bellmawr
08031
123 West Kings Highway

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.