Mixed-Use Triplex with Three
For Sale
$265,000
1557 Mount Ephraim Ave, Camden, NJ 08104
Partially completed building with three apartment layouts, electric appliances and heat, plus flexible main-floor spaces.
Property Size1,500 SF
Price / SF$176.67
Days on Market79
Property Features for 1557 Mount Ephraim Ave
General Information
Standard status
Active
Size
1,500 SF
Property Condition
Severity
Repairs Needed
Evidence
almost finished state
Building Details
Year Built
1920
Listing Agency:
Keller Williams - Main Street
Listed By:
Carol Terrell · License #0227464
(856) 534-4238
Source:
Tbhteam
Added: Jul 29
Changed: Oct 2
Last Checked: Oct 7 at 3:48PM
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 - Main Street
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Investment Insights
Based on property information with market context.
This 1,500-square-foot mixed-use property, built in 1920, is arranged around three residential layouts. The upper-level apartment includes three bedrooms, a full kitchen and a full bathroom. Two additional apartments occupy the main floor: one offers two bedrooms, a kitchen and a full bathroom, while the other includes one bedroom, a living room, a kitchen, exterior access and a full basement with two additional bedrooms or storage space. The main floor also has a long hallway and two separate entry doors serving the different areas.
The building is being conveyed as-is with finishing work remaining. A new roof and building-wide water heater were added in 2026. Appliances and heat are electric. The buyer is responsible for due diligence, the Certificate of Occupancy, applicable township or municipal requirements, and any needed plumbing or electrical permits. The property is located in a high-traffic area of Camden’s business district.
The building is being conveyed as-is with finishing work remaining. A new roof and building-wide water heater were added in 2026. Appliances and heat are electric. The buyer is responsible for due diligence, the Certificate of Occupancy, applicable township or municipal requirements, and any needed plumbing or electrical permits. The property is located in a high-traffic area of Camden’s business district.
Key Highlights
- Three residential layouts within a mixed‑use building
- 1,500 square feet; built in 1920
- Upper‑level 3‑bedroom apartment with full kitchen and bath
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,059
Cap Rate
6.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$341,180
$341.2K
Cap Rate 7%
$243,700
$243.7K
Cap Rate 9%
$189,544
$189.5K
Market Conditions
NOI Build-Up for 1,500 SF
Gross rent
$25.7K $17.16/SF
− Vacancy
−$1.4K −$0.91/SF
EGI
$24.4K $16.25/SF
− OpEx
−$7.3K −$4.87/SF
NOI
$17.1K $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%
$341,180
Cap Rate 7%
$243,700
Cap Rate 9%
$189,544
Alternative Uses
Best Use
Multifamily LT 5
$243.7K
$213.2K – $284.3K
NOI $17,059 @ 7.0% cap · market cap 6.44%
Second Best
Mixed Use
$224.2K
$196.2K – $261.6K
NOI $15,694 @ 7.0% cap · market cap 5.92%
Theoretical Best
Office A
$380.3K
$332.8K – $443.7K
NOI $26,623 @ 7.0% cap · market cap 10.05%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
945
Businesses Nearby
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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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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Partially completed building with three apartment layouts, electric appliances and heat, plus flexible main-floor spaces.
Where is this mixed-use property located?
The property is located at 1557 Mount Ephraim Ave Camden, NJ.
What is the asking price?
The asking price for this property is $265,000.
What are key features of this property?
This property features: Three residential layouts within a mixed‑use building; 1,500 square feet; built in 1920; Upper‑level 3‑bedroom apartment with full kitchen and bath
