3-Unit
For Sale
$449,999
125 London Avenue, Egg Harbor City, NJ 08215
Multi-Family, Egg Harbor City, NJ
Property Size1,452 SF
Lot Size0.15 Acres
Price / SF$309.92
Days on Market129
Property Features for 125 London Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 1, Bedroom 3, Bathroom 3, Bedroom 5, Bedroom 2, Basement, Bedroom 6, Bathroom 2, Bedroom 4, Bathroom 1
Directions
125 London ave on GPS
Standard status
Active
APN
08-02204-0000-00007-0000-C0125
Size
1,452 SF
Lot size
0.15 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
3891
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
1983
Floors in Building
2
Number of units
3
Listing Agency:
C21/ Solid Gold Realty
Listed By:
Victor Alhalabi
(732) 531-7772
Added: Jun 16
Changed: Oct 21
Last Checked: Oct 22 at 7:06AM
MLS# 22618243
Copyright © 2026 More MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
At 125 London Avenue in Egg Harbor City, this triplex contains three residences: one with three bedrooms, one with two, and one with a single bedroom. The 1,452-square-foot building was constructed in 1983 and has undergone recent renovations. The 0.15-acre property is served by public water and public sewer.
Key Highlights
- Three residences with a 3‑bedroom, 2‑bedroom, and 1‑bedroom mix
- 1,452‑square‑foot building on a 0.15‑acre lot
- Constructed in 1983; recently renovated
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,536
Cap Rate
3.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$330,720
$330.7K
Cap Rate 7%
$236,229
$236.2K
Cap Rate 9%
$183,733
$183.7K
Market Conditions
NOI Build-Up for 1,452 SF
Gross rent
$25.3K $17.40/SF
− Vacancy
−$1.6K −$1.13/SF
EGI
$23.6K $16.27/SF
− OpEx
−$7.1K −$4.88/SF
NOI
$16.5K $11.39/SF
Area
Atlantic County, NJ
Vacancy
6.50%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$330,720
Cap Rate 7%
$236,229
Cap Rate 9%
$183,733
Alternative Uses
Best Use
Multifamily LT 5
$236.2K
$206.7K – $275.6K
NOI $16,536 @ 7.0% cap · market cap 3.67%
Second Best
Apartment 5plus
$207.6K
$181.7K – $242.2K
NOI $14,534 @ 7.0% cap · market cap 3.23%
Theoretical Best
Warehouse
$540.7K
$473.1K – $630.8K
NOI $37,850 @ 7.0% cap · market cap 8.41%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
370
Businesses Nearby
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Business Placement
Demographics for 08215, NJ
14,092
Population
5,813
Households
2.4
Avg Household Size
45
Median Age
23%
College-Educated
92%
High-School Grad
124.1 sq mi
ZIP Area
114
Density / Sq Mi
$84,630
Median Household Income
$46,680
Median Earnings
$1,525
Median Rent
$266,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - The property contains one three-bedroom residence, one two-bedroom residence, and one one-bedroom residence.
Where is this triplex located?
The property is located at 125 London Avenue Egg Harbor City, NJ.
What is the asking price?
The asking price for this property is $449,999.
What are key features of this property?
This property features: Three residences with a 3‑bedroom, 2‑bedroom, and 1‑bedroom mix; 1,452‑square‑foot building on a 0.15‑acre lot; Constructed in 1983; recently renovated
