Duplex with Two Separate
For Sale
Under Contract
$325,000
136 S KING Street, Gloucester City, NJ 08030
MULTI_FAMILY - GLOUCESTER CITY, NJ
Property Size1,728 SF
Lot Size0.05 Acres
Price / SF$188.08
Days on Market48
Property Features for 136 S KING Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Rooms
Basement
Parking features
On Street
Appliances
Stove, Refrigerator, Washer, Dryer
High school
GLOUCESTER CITY JUNIOR SENIOR
Elementary school district
GLOUCESTER CITY
Middle school district
GLOUCESTER CITY
High school district
GLOUCESTER CITY
Standard status
Active Under Contract
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
Listing Agency:
Keller Williams - Main Street
(856) 858-2200
Listed By:
Mary Rettig · License #674117
(856) 371-9100
Added: Jun 19
Changed: Jul 28
Last Checked: Aug 5 at 4:06PM
MLS# NJCD2120338
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 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.”
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.”
Key Highlights
- Two‑unit duplex with separate electric & gas for each unit
- First‑floor unit: 2 bedrooms and 1 bathroom
- Second‑floor unit: 1 bedroom and 1 bathroom
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
NOI $19,652 @ 7.0% cap · market cap 6.05%
Second Best
Apartment 5plus
$250.7K
$219.4K – $292.5K
NOI $17,549 @ 7.0% cap · market cap 5.40%
Theoretical Best
Office A
$438.1K
$383.4K – $511.2K
NOI $30,670 @ 7.0% cap · market cap 9.44%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
473
Businesses Nearby
Explore this area
Business Placement
Demographics for 08030, NJ
13,261
Population
5,470
Households
2.4
Avg Household Size
37
Median Age
20%
College-Educated
87%
High-School Grad
2.8 sq mi
ZIP Area
4,736
Density / Sq Mi
$66,190
Median Household Income
$38,853
Median Earnings
$1,498
Median Rent
$169,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
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: Two‑unit duplex with separate electric & gas for each unit; First‑floor unit: 2 bedrooms and 1 bathroom; Second‑floor unit: 1 bedroom and 1 bathroom
