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    Duplex with Two Separate Units Title is generated by Realmo AI

    136 S KING Street, Gloucester City, NJ 08030

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    Claim this Listing
    New
    For Sale
    $325,000

    MULTI_FAMILY - GLOUCESTER CITY, NJ

    Property size:
    1,728 SF
    Lot size:
    0.05 Acres
    Price / SF:
    $188/SF
    Added:
    Jun 19, 2026
    Days on Market:
    3
    Last Refresh:
    Jun 21 at 1:06 am

    Property Features for 136 S KING Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Rooms
    Basement
    Parking features
    On Street
    Appliances
    Stove, Refrigerator, Washer, Dryer
    Standard status
    Active
    Size
    1,728 SF
    Lot size
    0.05 Acres

    Taxes and HOA fees

    Tax Annual Amount
    4869

    Utilities

    Heating system
    Baseboard, Other (Heating), Hot Water(Heating)
    Cooling system
    Window Unit(s)

    Building Details

    Year built
    1900
    Number of units
    2
    Building materials
    Frame

    We can help!

    Listing Contact
    Mary Rettig

    Listing agent Mary Rettig License #674117

    Listing office Keller Williams - Main Street 983 Haddon Avenue, Collingswood or Haddon Heights, NJ

    Listing date Jun 19, 2026

    MLS# NJCD2120338 Listing URL

    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.

    HighLights

    • Duplex with two separate units and individual utilities, including separate electric and gas for tenants
    • First‑floor unit has 2 bedrooms and 1 bathroom; washer and dryer located in the basement for this unit
    • Second‑floor unit has 1 bedroom and 1 bathroom
    • Year built 1900; frame construction
    • Heating includes baseboard and hot water; cooling via window unit(s)
    • Includes stove, refrigerator, washer, and dryer; on‑street parking; view of the Walt Whitman Bridge

    Overview

    This well-maintained duplex includes two separate units, each with its own electric and gas services for tenant-specific utility payment. The first-floor unit features 2 bedrooms and 1 bathroom, with a functional layout and washer and dryer located in the basement for that unit. The second-floor unit offers 1 bedroom and 1 bathroom, designed for a lower-maintenance setup, and includes a washer and dryer in the unit.

    The property includes a view of the Walt Whitman Bridge. It is located in Gloucester City, NJ, with convenience to shopping, dining, schools, and major transportation routes.

    Set up for flexible occupancy or rental use, the duplex configuration can support an owner-occupant or an investor strategy given the two-unit layout and independent utilities. The seller will obtain the Gloucester City Certificate of Occupancy, and the property will be conveyed “as is.”

    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 $29.7k $17.16
    − Vacancy −$1.6k −$0.91
    EGI $28.1k $16.25
    − OpEx −$8.4k −$4.87
    NOI $19.7k $11.37
    1,728 SF · lease $17.16/SF/yr · vacancy 5.32% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $280.7K
    $245.7K – $327.5K (±1% cap)
    NOI $19,652 @ 7.0% cap · market cap 6.05%
    Second Best
    Apartment 5plus
    $250.7K
    $219.4K – $292.5K (±1% cap)
    NOI $17,549 @ 7.0% cap · market cap 5.40%
    Theoretical Best
    Office A
    $438.1K
    $383.4K – $511.2K (±1% cap)
    NOI $30,670 @ 7.0% cap · market cap 9.44%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Gloucester City
    County
    Camden
    State
    New Jersey
    Longitude
    -75.12646484
    Latitude
    39.89669418

    FAQs

    What type of property is this?
    Duplex - Well-maintained duplex offering two separate units with individual electric and gas services and in-unit/laundry conveniences.
    Where is this duplex located?
    The property is located at 136 S KING Street Gloucester City, NJ.
    What is the asking price?
    The asking price for this property is $325,000.
    What are key features of this property?
    This property features: Duplex with two separate units and individual utilities, including separate electric and gas for tenants; First‑floor unit has 2 bedrooms and 1 bathroom; washer and dryer located in the basement for this unit; Second‑floor unit has 1 bedroom and 1 bathroom
    More about this property
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