Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    446 Beacon Ave Paulsboro, NJ 08066

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $890,000

    Stabilized 6-unit asset with value-add potential near Philadelphia.

    Property Features for 446 Beacon Ave

    General Information

    Property type
    Commercial
    Standard status
    Active

    Building Details

    Year built
    1889

    We can help!

    Listing Contact
    Ran Dan Pan
    Source: Elliman

    Listing Agency: Compass Listing Agent: Ran Dan Pan

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Paulsboro Multifamily Investment Opportunity

    This stabilized 6-unit multifamily property is located in Paulsboro, New Jersey. The property consists of six 1-bedroom, 1-bath units. The property presents a value-add opportunity. The building is positioned for potential long-term rental growth and minimal vacancy, due to the expansion of the Paulsboro Marine Terminal and demand from the Philadelphia commuter workforce. The property is located approximately 20 minutes from Center City Philadelphia and has access to I-295 and Route 130. Recent capital improvements include a roof replacement in 2019 and a new fire alarm system in 2024. Each unit has separate utilities, with tenants responsible for their own electric, gas, and heating expenses. The property generates a gross annual income of $92,640 and a net operating income (NOI) of $68,000, with a cap rate of 7.7%.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Paulsboro
    County
    Gloucester
    State
    New Jersey
    Longitude
    -75.2403987
    Latitude
    39.8419748

    Nearby Similar for Sale

    • $139,999
      0.05 Acres

      PAULSBORO Commercial Redevelopment Opportunity

      Commercial property with liquor license in up-and-coming area.
      1311 N Delaware St, Paulsboro, NJ 08066
      View Details
    • $399,000
      4,464 SF

      Paulsboro Multifamily Investment Opportunity

      Four-unit multifamily property with value-add potential in Paulsboro, NJ.
      53-55 Roosevelt St, Paulsboro, NJ 08066
      View Details
    • $399,900
      1,908 SF

      Turnkey Triplex in Paulsboro

      Well-maintained triplex with updated units near major highways.
      357 Mantua Ave, Paulsboro, NJ 08066
      View Details
    • $249,000
      2,136 SF

      Paulsboro Duplex on Large Lot

      True duplex with tenant, ideal for investors or owner-occupants.
      129-131 Jessup St, Paulsboro, NJ 08066
      View Details
    • $245,000
      2,016 SF

      Side-by-Side Duplex Investment Opportunity

      Tenant-occupied duplex in Paulsboro, NJ, offering immediate rental income.
      225-227 W Buck St, Paulsboro, NJ 08066
      View Details
    • $430,000

      Paulsboro Former Moose Lodge Building

      Iconic building with development opportunities in a prime location.
      402 Cook Ave, Paulsboro, NJ 08066
      View Details
    • $255,000
      1,516 SF

      Retail Property in PAULSBORO, NJ

      Retail property for sale in PAULSBORO, New Jersey.
      1519 Pine St, Paulsboro, NJ 08066
      View Details
    • $485,000
      5,000 SF

      Paulsboro Commercial Building - Huge Potential

      Iconic building, 5000+ sq ft, prime location.
      402 Cook Ave, Paulsboro, NJ 08066
      View Details
    • $249,000
      1,632 SF

      Paulsboro Mixed-Use Investment

      High-yield multi-unit property, strong cash flow.
      1108 Delaware St, Paulsboro, NJ 08066
      View Details
    • Contact for pricing
      0.08 Acres

      Paulsboro Retail Space - Prime Location

      Renovated Retail Space, High Visibility, $1100/Month
      915 Delaware St, Paulsboro, NJ 08066
      View Details

    FAQs

    What type of property is this?
    Apartment building - Stabilized 6-unit asset with value-add potential near Philadelphia.
    Where is this apartment building located?
    The property is located at 446 Beacon Ave Paulsboro, NJ.
    What is the asking price?
    The asking price for this property is $890,000.
    What are key features of this property?
    This property features: - Stabilized 6-unit asset boasting a 7.7% CAP RATE and $68K NOI.; - Tenants pay their own electric, gas, and heating.; - Strategic location: only 20 minutes from Center City Philadelphia, with easy access to I-295 and Route 130.
    (212) 913-9058
    Request Owner's contact information
    446 Beacon Ave Paulsboro, NJ 08066
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    446 Beacon Ave
    Paulsboro, NJ 08066
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    446 Beacon Ave Paulsboro, NJ 08066
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Ran Dan Pan
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!