4-Unit Multifamily
127 POWELTON AVENUE, Woodlynne, NJ 08107
For Sale
$365,000
Four apartments span two floors, with a mix of studio, one-, two-, and three-bedroom layouts.
Property Size2,088 SF
Price / SF$174.81
Days on Market11
Property Features for 127 POWELTON AVENUE
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Units
Unit Mix
Multifamily Units
Individually Metered Utilities
Additional Details
Tenant in Place
Amenities
Large Basement
Shared Patio Area
Building Details
Year Built
Buildings
Stories
Listing Agency:
Keller Williams Realty - Washington Township
(856) 582-1200
Listed By:
Joshua Behr · License #1324995
(856) 470-7667
Source:
Cummingsrealtors
Added: Oct 27
Changed: Nov 6
Last Checked: Nov 6 at 3:23PM
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 Realty - Washington Township
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Investment Insights
Based on property information with market context.
At 127 Powelton Avenue in Woodlynne, this 2,088-square-foot multifamily property contains four apartments across two floors: a studio and a three-bedroom unit on the first floor, plus one- and two-bedroom units above. The two-bedroom apartment has been refreshed and includes a washer and dryer. A large basement and shared rear patio are additional property features.
Gas and electric service is separately metered for the one-, two-, and three-bedroom apartments. The owner covers utilities for the studio and common areas, as well as water, sewer, and CCMUA charges. The driveway accommodates three vehicles, and a second driveway could be created using an existing apron. The front roof was replaced in 2023. The property is offered as-is; the buyer is responsible for obtaining the required passing resale certificate of occupancy and fire prevention certification.
Gas and electric service is separately metered for the one-, two-, and three-bedroom apartments. The owner covers utilities for the studio and common areas, as well as water, sewer, and CCMUA charges. The driveway accommodates three vehicles, and a second driveway could be created using an existing apron. The front roof was replaced in 2023. The property is offered as-is; the buyer is responsible for obtaining the required passing resale certificate of occupancy and fire prevention certification.
Key Highlights
- Four apartments: studio, one‑bedroom, two‑bedroom, and three‑bedroom layouts
- 2,088‑square‑foot building with units arranged across two floors
- Separate gas and electric utilities for the one-, two-, and three‑bedroom apartments
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,747
Cap Rate
6.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$474,940
$474.9K
Cap Rate 7%
$339,243
$339.2K
Cap Rate 9%
$263,856
$263.9K
Market Conditions
NOI Build-Up for 2,088 SF
Gross rent
$35.8K $17.16/SF
− Vacancy
−$1.9K −$0.91/SF
EGI
$33.9K $16.25/SF
− OpEx
−$10.2K −$4.87/SF
NOI
$23.7K $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%
$474,940
Cap Rate 7%
$339,243
Cap Rate 9%
$263,856
Alternative Uses
Best Use
Multifamily LT 5
$339.2K
$296.8K – $395.8K
NOI $23,747 @ 7.0% cap · market cap 6.51%
Second Best
Apartment 5plus
$302.9K
$265.1K – $353.4K
NOI $21,205 @ 7.0% cap · market cap 5.81%
Theoretical Best
Office A
$529.4K
$463.3K – $617.7K
NOI $37,060 @ 7.0% cap · market cap 10.15%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
636
Businesses Nearby
Explore this area
Business Placement
Demographics for 08107, NJ
13,688
Population
6,180
Households
2.2
Avg Household Size
38
Median Age
36%
College-Educated
89%
High-School Grad
1.8 sq mi
ZIP Area
7,604
Density / Sq Mi
$70,262
Median Household Income
$44,771
Median Earnings
$1,257
Median Rent
$261,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Quadplex - Four apartments span two floors, with a mix of studio, one-, two-, and three-bedroom layouts.
Where is this quadplex located?
The property is located at 127 POWELTON AVENUE Woodlynne, NJ.
What is the asking price?
The asking price for this property is $365,000.
What are key features of this property?
This property features: Four apartments: studio, one‑bedroom, two‑bedroom, and three‑bedroom layouts; 2,088‑square‑foot building with units arranged across two floors; Separate gas and electric utilities for the one-, two-, and three‑bedroom apartments
