Two-Bedroom
For Sale
$230,000
1268 CHASE STREET, Camden, NJ 08104
Tenant-occupied duplex with an established rental profile and access to nearby parks, dining, and entertainment.
Property Size1,472 SF
Days on Market123
Property Features for 1268 CHASE STREET
General Information
Standard status
Active
Size
1,472 SF
Property subtype
Duplex
Net Operating Income
$28,347
Units
Unit Mix
2BR/1BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$2,551
Building Details
Building Size
1,472 SF
Year Built
1913
Tenancy
Single
Listing Agency:
Keller Williams - Main Street
Listed By:
Carol Terrell · License #0227464
(856) 534-4238
Source:
Patmckennarealtors
Added: Jul 5
Changed: Nov 4
Last Checked: Nov 3 at 11:41AM
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 Keller Williams - Main Street
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Investment Insights
Based on property information with market context.
This duplex contains a two-bedroom, one-bathroom residence and is currently occupied by a tenant. Built in 1913, the property is offered in its present condition, allowing the next owner to address upkeep and improvements according to their plans.
The property is located at 1268 Chase Street in Camden, New Jersey, near local parks, eateries, and entertainment. It may also be acquired with other properties being offered as part of a larger New Jersey portfolio. Township certificates of occupancy and housing approvals are current where required, according to the property information.
The property is located at 1268 Chase Street in Camden, New Jersey, near local parks, eateries, and entertainment. It may also be acquired with other properties being offered as part of a larger New Jersey portfolio. Township certificates of occupancy and housing approvals are current where required, according to the property information.
Key Highlights
- Two‑bedroom, one‑bathroom duplex
- Tenant in place at closing
- Built in 1913
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,741
Cap Rate
7.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$334,820
$334.8K
Cap Rate 7%
$239,157
$239.2K
Cap Rate 9%
$186,011
$186.0K
Market Conditions
NOI Build-Up for 1,472 SF
Gross rent
$25.3K $17.16/SF
− Vacancy
−$1.3K −$0.91/SF
EGI
$23.9K $16.25/SF
− OpEx
−$7.2K −$4.87/SF
NOI
$16.7K $11.37/SF
Area
Camden County, NJ
Vacancy
5.32%
Lease Rate
$17.16 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$334,820
Cap Rate 7%
$239,157
Cap Rate 9%
$186,011
Alternative Uses
Best Use
Multifamily LT 5
$239.2K
$209.3K – $279.0K
NOI $16,741 @ 7.0% cap · market cap 7.28%
Second Best
Apartment 5plus
$213.6K
$186.9K – $249.2K
NOI $14,949 @ 7.0% cap · market cap 6.50%
Theoretical Best
Office A
$373.2K
$326.6K – $435.4K
NOI $26,126 @ 7.0% cap · market cap 11.36%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Lease Details
1
Residential units
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,211
Businesses Nearby
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Business Placement
Demographics for 08104, NJ
21,951
Population
9,821
Households
2.2
Avg Household Size
32
Median Age
9%
College-Educated
79%
High-School Grad
3.0 sq mi
ZIP Area
7,317
Density / Sq Mi
$36,566
Median Household Income
$28,330
Median Earnings
$1,105
Median Rent
$87,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Tenant-occupied duplex with an established rental profile and access to nearby parks, dining, and entertainment.
Where is this duplex located?
The property is located at 1268 CHASE STREET Camden, NJ.
What is the asking price?
The asking price for this property is $230,000.
What are key features of this property?
This property features: Two‑bedroom, one‑bathroom duplex; Tenant in place at closing; Built in 1913
