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Lawnside Duplex Near White Horse Pike

145 Gloucester Avenue Lawnside, NJ 08045

145 Gloucester Avenue, Lawnside, NJ, 08045
$324,900
For Sale
Claim this Listing
$324,900

Spacious duplex with two 2-bedroom units near transportation.

Property Size1,388 SF
Lot Size0.40 Acres
Price / SF$234.08
AddedMay 25
Days on Market51
Last RefreshMay 27 at 8:15 am

Property Features for 145 Gloucester Avenue

General Information

Standard status
Active
Size
1,388 SF
Lot size
0.40 Acres
Property subtype
Multi-Family / Fee Simple

Building Details

Year Built
1948

Listing office Family Five Homes

Listing date May 25, 2026

Source Compass

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 Family Five Homes


Investment Insights

Based on property information with market context.

Located in Lawnside, this multifamily property offers an investor opportunity with convenient access to major transportation routes, shopping, and area conveniences near the White Horse Pike. The duplex features two 2-bedroom units, each with separate entrances and 100-amp electric services. The first-floor unit includes a living room, dining room, kitchen, 2 bedrooms, and 1 bath. The kitchen has been recently updated and is in average condition. The second-floor unit offers a living room, kitchen, 2 bedrooms, and 1 bath; the kitchen could benefit from cosmetic updates. The property experienced frozen pipes that caused flooding to the first floor and basement, but has been professionally remediated and now requires finishing touches such as sheetrock repair, paint, flooring, heat and air, to bring it back to its full potential. Additional features include an aluminum roof approximately 2-3 years old, new energy-efficient windows, new gutters and downspouts, and an updated/refinished exterior. Ample driveway parking is available on the spacious 100 x 175 lot. Separate utilities are in place. The property, totaling 1388 square feet, is situated in Camden County, within the Lawnside Boro area. Transportation options include a bus stop less than 1 mile away and a commuter rail station 1 to 5 miles away. This property offers strong upside potential in a convenient Camden County location and is strictly selling in "as is" condition.

Key Highlights

  • Great Location on Major Hwy
  • Rustic and Ready
  • Various types of businesses will fit

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 $23.8k $17.16
− Vacancy −$1.3k −$0.91
EGI $22.6k $16.25
− OpEx −$6.8k −$4.87
NOI $15.8k $11.37
1,388 SF · lease $17.16/SF/yr · vacancy 5.32% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$225.5K
$197.3K – $263.1K (±1% cap)
NOI $15,786 @ 7.0% cap · market cap 4.86%
Second Best
Apartment 5plus
$201.4K
$176.2K – $234.9K (±1% cap)
NOI $14,096 @ 7.0% cap · market cap 4.34%
Theoretical Best
Office A
$351.9K
$307.9K – $410.6K (±1% cap)
NOI $24,635 @ 7.0% cap · market cap 7.58%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Restaurant Big Box & Wholesale Store Spa & Massage Center Dental Office Building Supply Auto Parts Store Law Firm Storage Facility Hair Salon

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

FAQs

What type of property is this?
Duplex - Spacious duplex with two 2-bedroom units near transportation.
Where is this duplex located?
The property is located at 145 Gloucester Avenue Lawnside, NJ.
What is the asking price?
The asking price for this property is $324,900.
What are key features of this property?
This property features: Great Location on Major Hwy; Rustic and Ready; Various types of businesses will fit
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