Tenant-Occupied Duplex
127 Cincinnati Avenue Unit 1 Egg Harbor City, NJ 08215
127 Cincinnati Avenue Unit 1, Egg Harbor City, NJ, 08215
$320,000
For Sale
$320,000
Duplex investment property currently leased, offered as-is, with tenant occupancy requiring confirmed appointments.
Property Size1,718 SF
Price / SF$186.26
Days on Market72
Property Features for 127 Cincinnati Avenue Unit 1
General Information
- Standard status
- Active
- Size
- 1,718 SF
- Property subtype
- Multi-Family / Duplex
Building Details
- Year Built
- 1900
Listing agency
Jersey Property Group Realty
(732) 800-1767
Listed by
Donna Mancuso · License #0675353
(732) 800-1767
Source
Compass
Added: May 13 Updated: Jul 22 at 4:32PM Checked: Jul 22 at 4:32PM
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 Jersey Property Group Realty
Investment Insights
Based on property information with market context.
This tenant-occupied duplex property is positioned for investors seeking immediate rental income, with current leasing in place. The offering is strictly as-is, where-is, and the seller makes no representations or warranties. Buyer is responsible for all due diligence, inspections, and municipal requirements per New Jersey guidelines. The property size is listed as 1,718.
The duplex is located at 127 Cincinnati Avenue, Unit 1, in Egg Harbor City, NJ 08215. Please respect tenant occupancy and do not approach the property without a confirmed appointment. Buyers should complete their due-diligence before any transaction decisions.
The duplex is located at 127 Cincinnati Avenue, Unit 1, in Egg Harbor City, NJ 08215. Please respect tenant occupancy and do not approach the property without a confirmed appointment. Buyers should complete their due-diligence before any transaction decisions.
Key Highlights
- Tenant‑occupied duplex investment property currently leased
- 2 bedrooms and 1 full bath
- 2‑story home with a partial basement
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $29.9k | $17.40 |
| − Vacancy | −$1.9k | −$1.13 |
| EGI | $28.0k | $16.27 |
| − OpEx | −$8.4k | −$4.88 |
| NOI | $19.6k | $11.39 |
1,718 SF · lease $17.40/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$279.5K
$244.6K – $326.1K
NOI $19,565 @ 7.0% cap · market cap 6.11%
Second Best
Apartment 5plus
$245.7K
$215.0K – $286.6K
NOI $17,197 @ 7.0% cap · market cap 5.37%
Theoretical Best
Warehouse
$639.8K
$559.8K – $746.4K
NOI $44,784 @ 7.0% cap · market cap 14.00%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Duplex investment property currently leased, offered as-is, with tenant occupancy requiring confirmed appointments.
Where is this duplex located?
The property is located at 127 Cincinnati Avenue Unit 1 Egg Harbor City, NJ.
What is the asking price?
The asking price for this property is $320,000.
What are key features of this property?
This property features: Tenant‑occupied duplex investment property currently leased; 2 bedrooms and 1 full bath; 2‑story home with a partial basement
