Tenant-Occupied
For Sale
$305,000
Pending
127 Cincinnati Avenue, Egg Harbor City, NJ 08215
Multi-Family, Egg Harbor City, NJ
Property Size1,718 SF
Lot Size0.25 Acres
Days on Market155
Property Features for 127 Cincinnati Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
2
Bathrooms
1
Full bathrooms
2
Rooms
Bedroom 2, Bedroom 1, Bathroom 2, Bathroom 1, Basement
Parking features
Garage
Basement
Partial
Directions
Philadelphia Ave to Arago to right on Cincinnati Ave.
Standard status
Pending
APN
07-00318-0000-00010
Size
1,718 SF
Lot size
0.25 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
6025
Utilities
Sewer type
Public Sewer
Heating system
Radiant
Water source
Public
Building Details
Year built
1900
Floors in Building
2
Number of units
2
Listing Agency:
Jersey Property Group Realty
(732) 800-1767
Listed By:
Donna Mancuso · License #0675353
(609) 977-3926
Added: May 13
Changed: Oct 5
Last Checked: Oct 14 at 6:06PM
MLS# 22614041
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.
Investment Insights
Based on property information with market context.
This duplex property contains 1,718 square feet on a 0.25-acre lot in Egg Harbor City. The room layout identifies two bedrooms, two bathrooms, and a basement, with a garage included for parking. Radiant heating serves the property, while public water and public sewer are available.
The building dates to 1900 and is currently occupied by tenants under an existing lease. The sale is offered in its present as-is, where-is condition. Buyer inspections, due diligence, and applicable municipal requirements remain the buyer’s responsibility. Appointments are required before visiting because the property is occupied.
The building dates to 1900 and is currently occupied by tenants under an existing lease. The sale is offered in its present as-is, where-is condition. Buyer inspections, due diligence, and applicable municipal requirements remain the buyer’s responsibility. Appointments are required before visiting because the property is occupied.
Key Highlights
- Duplex with 1,718 square feet on a 0.25‑acre lot
- Currently tenant‑occupied under an existing lease
- Two bedrooms, two bathrooms, and a basement
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,565
Cap Rate
6.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$391,300
$391.3K
Cap Rate 7%
$279,500
$279.5K
Cap Rate 9%
$217,389
$217.4K
Market Conditions
NOI Build-Up for 1,718 SF
Gross rent
$29.9K $17.40/SF
− Vacancy
−$1.9K −$1.13/SF
EGI
$28.0K $16.27/SF
− OpEx
−$8.4K −$4.88/SF
NOI
$19.6K $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%
$391,300
Cap Rate 7%
$279,500
Cap Rate 9%
$217,389
Alternative Uses
Best Use
Multifamily LT 5
$279.5K
$244.6K – $326.1K
NOI $19,565 @ 7.0% cap · market cap 6.41%
Second Best
Apartment 5plus
$245.7K
$215.0K – $286.6K
NOI $17,197 @ 7.0% cap · market cap 5.64%
Theoretical Best
Warehouse
$639.8K
$559.8K – $746.4K
NOI $44,784 @ 7.0% cap · market cap 14.68%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
403
Businesses Nearby
Explore this area
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Two-bedroom property with garage parking, radiant heat, and public utilities.
Where is this duplex located?
The property is located at 127 Cincinnati Avenue Egg Harbor City, NJ.
What is the asking price?
The asking price for this property is $305,000.
What are key features of this property?
This property features: Duplex with 1,718 square feet on a 0.25‑acre lot; Currently tenant‑occupied under an existing lease; Two bedrooms, two bathrooms, and a basement
