Brick
For Sale
$255,000
1300 S MERRIMAC Road, Camden, NJ 08104
Multi-Family, CAMDEN, NJ
Property Size1,800 SF
Lot Size0.04 Acres
Price / SF$141.67
Days on Market278
Property Features for 1300 S MERRIMAC Road
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Parking features
On Street
Appliances
Washer, Dryer, Oven/Range - Gas, Refrigerator, Oven/Range - Electric
Elementary school district
CAMDEN CITY SCHOOLS
Middle school district
CAMDEN CITY SCHOOLS
High school district
CAMDEN CITY SCHOOLS
Standard status
Active
Size
1,800 SF
Lot size
0.04 Acres
Taxes and HOA fees
Tax Annual Amount
3287
Utilities
Heating system
Other (Heating)
Building Details
Year built
1945
Number of units
2
Building materials
Brick
Architectural style
Other
Listing Agency:
HomeSmart First Advantage Realty · HomeSmart International
(856) 363-3000
Listed By:
Kim Curry Taliaferro · License #9911972
(626) 437-7717
Added: Jan 8
Changed: Oct 12
Last Checked: Oct 13 at 7:06AM
MLS# NJCD2108698
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 1,800-square-foot brick duplex, built in 1945, contains two units on a 0.0413-acre corner lot. Unit B occupies the upper level and includes three bedrooms, a renovated full bathroom, an eat-in kitchen, and separate dining and living rooms. Unit A is on the ground floor. The property is being sold as-is.
Utility service is separately metered for gas, electricity, water, and sewer at each unit. Unit B has gas heat, while Unit A uses electric heat. Appliances include a washer, dryer, refrigerator, and gas and electric ranges. Parking is on street.
Utility service is separately metered for gas, electricity, water, and sewer at each unit. Unit B has gas heat, while Unit A uses electric heat. Appliances include a washer, dryer, refrigerator, and gas and electric ranges. Parking is on street.
Key Highlights
- Two‑unit brick building with 1,800 square feet
- 0.0413‑acre corner lot
- Upper unit includes 3 bedrooms and a renovated full bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,471
Cap Rate
8.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$409,420
$409.4K
Cap Rate 7%
$292,443
$292.4K
Cap Rate 9%
$227,456
$227.5K
Market Conditions
NOI Build-Up for 1,800 SF
Gross rent
$30.9K $17.16/SF
− Vacancy
−$1.6K −$0.91/SF
EGI
$29.2K $16.25/SF
− OpEx
−$8.8K −$4.87/SF
NOI
$20.5K $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%
$409,420
Cap Rate 7%
$292,443
Cap Rate 9%
$227,456
Alternative Uses
Best Use
Multifamily LT 5
$292.4K
$255.9K – $341.2K
NOI $20,471 @ 7.0% cap · market cap 8.03%
Second Best
Apartment 5plus
$261.1K
$228.5K – $304.7K
NOI $18,280 @ 7.0% cap · market cap 7.17%
Theoretical Best
Office A
$456.4K
$399.4K – $532.5K
NOI $31,948 @ 7.0% cap · market cap 12.53%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
367
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
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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 - Each residence has separate gas, electric, water, and sewer service.
Where is this duplex located?
The property is located at 1300 S MERRIMAC Road Camden, NJ.
What is the asking price?
The asking price for this property is $255,000.
What are key features of this property?
This property features: Two‑unit brick building with 1,800 square feet; 0.0413‑acre corner lot; Upper unit includes 3 bedrooms and a renovated full bathroom
