Updated Triplex
For Sale
$325,000
170 S GILES STREET, Bridgeton, NJ 08302
Three-unit residential property with one occupied unit and two units available for new tenancy.
Property Size2,402 SF
Price / SF$135.30
Days on Market32
Property Features for 170 S GILES STREET
General Information
Standard status
Active
Size
2,402 SF
Property subtype
Multi-family
Additional Details
Multifamily Units
3
Listing Agency:
Balsley-Losco Realtors
(609) 646-3207
Listed By:
Danielle Casalunovo · License #455653
(609) 377-9731
Source:
360
Added: Sep 5
Changed: Oct 1
Last Checked: Oct 5 at 6:41PM
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 Balsley-Losco Realtors
Investment Insights
Based on property information with market context.
This three-unit residential property offers 2,402 square feet across a triplex configuration. One unit is occupied, while two units are vacant and ready for new tenant placement. The units are described as being in good condition, with multiple repairs recently completed.
Located at 170 S Giles Street in Bridgeton, New Jersey, the property provides an existing multifamily layout with a combination of occupied and available units. Its three-unit format supports residential rental use, subject to applicable requirements.
Located at 170 S Giles Street in Bridgeton, New Jersey, the property provides an existing multifamily layout with a combination of occupied and available units. Its three-unit format supports residential rental use, subject to applicable requirements.
Key Highlights
- Three‑unit triplex configuration
- 2,402 square feet of property size
- Two units currently vacant
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,756
Cap Rate
8.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$575,120
$575.1K
Cap Rate 7%
$410,800
$410.8K
Cap Rate 9%
$319,511
$319.5K
Market Conditions
NOI Build-Up for 2,402 SF
Gross rent
$55.9K $23.28/SF
− Vacancy
−$3.6K −$1.51/SF
EGI
$52.3K $21.77/SF
− OpEx
−$23.5K −$9.80/SF
NOI
$28.8K $11.97/SF
Area
Cumberland County, NJ
Vacancy
6.50%
Lease Rate
$23.28 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$575,120
Cap Rate 7%
$410,800
Cap Rate 9%
$319,511
Alternative Uses
Best Use
Multifamily LT 5
$446.3K
$390.5K – $520.6K
NOI $31,238 @ 7.0% cap · market cap 9.61%
Second Best
Apartment 5plus
$410.8K
$359.5K – $479.3K
NOI $28,756 @ 7.0% cap · market cap 8.85%
Theoretical Best
Office A
$3.61M
$3.16M – $4.21M
NOI $252,464 @ 7.0% cap · market cap 77.68%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
691
Businesses Nearby
Explore this area
Business Placement
Demographics for 08302, NJ
47,826
Population
16,038
Households
3
Avg Household Size
36
Median Age
13%
College-Educated
77%
High-School Grad
142.6 sq mi
ZIP Area
335
Density / Sq Mi
$60,301
Median Household Income
$34,137
Median Earnings
$1,351
Median Rent
$202,000
Median Home Value
Check the figures for this property
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?
Triplex - Three-unit residential property with one occupied unit and two units available for new tenancy.
Where is this triplex located?
The property is located at 170 S GILES STREET Bridgeton, 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: Three‑unit triplex configuration; 2,402 square feet of property size; Two units currently vacant
