Colonial Duplex with
For Sale
$250,000
1268 CHASE Street, Camden, NJ 08104
Multi-Family, CAMDEN, NJ
Property Size1,472 SF
Lot Size0.07 Acres
Price / SF$169.84
Days on Market48
Property Features for 1268 CHASE Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Rooms
Basement
Parking features
On Street
Subdivision
WHITMAN PARK
Elementary school district
CAMDEN CITY SCHOOLS
Middle school district
CAMDEN CITY SCHOOLS
High school district
CAMDEN CITY SCHOOLS
Standard status
Active
Size
1,472 SF
Lot size
0.07 Acres
Taxes and HOA fees
Tax Annual Amount
2551
Utilities
Heating system
Forced Air
Cooling system
Ceiling Fan(s), Window Unit(s)
Building Details
Year built
1913
Number of units
1
Building materials
Block
Architectural style
Colonial
Listing Agency:
Keller Williams - Main Street
(856) 858-2200
Listed By:
Carol Terrell · License #0227464
(856) 534-4238
Added: Jul 5
Changed: Aug 19
Last Checked: Aug 21 at 11:06PM
MLS# NJCD2121772
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This Colonial duplex was built in 1913 and contains 1,472 square feet on a 0.0689-acre lot. The property includes a basement, block construction, forced-air heating, window air-conditioning units, and ceiling fans. On-street parking serves the building. The property is being sold as-is, with a tenant currently in place.
The duplex is located at 1268 Chase Street in Camden, New Jersey, within ZIP Code 08104. Its setting places residents near local parks, eateries, and entertainment, with access to Philadelphia and New Jersey destinations. The existing occupancy provides an established rental setup for an owner evaluating a residential income property.
The duplex is located at 1268 Chase Street in Camden, New Jersey, within ZIP Code 08104. Its setting places residents near local parks, eateries, and entertainment, with access to Philadelphia and New Jersey destinations. The existing occupancy provides an established rental setup for an owner evaluating a residential income property.
Key Highlights
- Duplex at 1268 Chase Street, Camden, NJ 08104
- 1,472 square feet on a 0.0689‑acre lot
- Built in 1913 with Colonial architectural styling
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$16,741
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.70%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
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.
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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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 6.70%
Second Best
Apartment 5plus
$213.6K
$186.9K – $249.2K
NOI $14,949 @ 7.0% cap · market cap 5.98%
Theoretical Best
Office A
$373.2K
$326.6K – $435.4K
NOI $26,126 @ 7.0% cap · market cap 10.45%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,211
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Tenant-occupied Colonial duplex offering an existing residential income stream and practical access to neighborhood amenities.
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 $250,000.
What are key features of this property?
This property features: Duplex at 1268 Chase Street, Camden, NJ 08104; 1,472 square feet on a 0.0689‑acre lot; Built in 1913 with Colonial architectural styling
