Split-Level Residential Income
18 Trinity Lane Blackwood, NJ 08012
18 Trinity Lane, Blackwood, NJ, 08012
$374,000
Pending
For Sale
$374,000
Pending
3-bedroom, 1.5-bath split level with vaulted ceilings, skylights, updated kitchen, fenced backyard, and enclosed back porch.
Property Size1,744 SF
Days on Market1178
Property Features for 18 Trinity Lane
General Information
- Standard status
- Pending
- Size
- 1,744 SF
- Property subtype
- Triplex
Building Details
- Year Built
- 1958
Listing agency
Sawyer Realty Group, LLC
(856) 975-5454
Listed by
Erika Colihan
(609) 617-8084
Source
Xome
Added: May 2, 2023 Updated: Jul 21 at 12:48PM Checked: Jul 22 at 3:35AM
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 Sawyer Realty Group, LLC
Investment Insights
Based on property information with market context.
This split-level home offers an open-concept main layout with a living room, kitchen, and dining room featuring vinyl flooring, vaulted ceilings, updated light fixtures, large windows, ceiling fans, and skylights. The updated kitchen includes a center island, stainless steel appliance package, and quartz countertops. Upstairs, there are three bedrooms and a full bath with recently renovated custom tile work.
The lower level provides additional flexible living space with a family room area, home office/den/playroom potential, vinyl flooring, neutral decor, recessed lighting, a laundry room, and a half bath. An enclosed back porch off the laundry area includes additional storage, and sliders from the downstairs family room lead to a large patio, a fully fenced backyard with trees, landscaping, and a shed.
Exterior improvements noted include a hot water heater (4 years), updated windows (3 years), and newer front doors (3 years), along with freshly painted exterior and well-kept garden beds. The property is located on a quiet cul-de-sac.
The lower level provides additional flexible living space with a family room area, home office/den/playroom potential, vinyl flooring, neutral decor, recessed lighting, a laundry room, and a half bath. An enclosed back porch off the laundry area includes additional storage, and sliders from the downstairs family room lead to a large patio, a fully fenced backyard with trees, landscaping, and a shed.
Exterior improvements noted include a hot water heater (4 years), updated windows (3 years), and newer front doors (3 years), along with freshly painted exterior and well-kept garden beds. The property is located on a quiet cul-de-sac.
Key Highlights
- 1958‑built 3‑bedroom, 1.5‑bath split level in Blackwood Estates on a quiet cul‑de‑sac
- Open floor plan with vaulted ceilings, skylights, recessed lighting, ceiling fans, and an abundance of natural light
- Updated kitchen with center island, stainless steel appliance package, and quartz countertops
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 | $29.9k | $17.16 |
| − Vacancy | −$1.6k | −$0.91 |
| EGI | $28.3k | $16.25 |
| − OpEx | −$8.5k | −$4.87 |
| NOI | $19.8k | $11.37 |
1,744 SF · lease $17.16/SF/yr · vacancy 5.32% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$283.3K
$247.9K – $330.6K
NOI $19,834 @ 7.0% cap · market cap 5.30%
Second Best
Apartment 5plus
$253.0K
$221.4K – $295.2K
NOI $17,711 @ 7.0% cap · market cap 4.74%
Theoretical Best
Office A
$442.2K
$386.9K – $515.9K
NOI $30,954 @ 7.0% cap · market cap 8.28%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - 3-bedroom, 1.5-bath split level with vaulted ceilings, skylights, updated kitchen, fenced backyard, and enclosed back porch.
Where is this triplex located?
The property is located at 18 Trinity Lane Blackwood, NJ.
What is the asking price?
The asking price for this property is $374,000.
What are key features of this property?
This property features: 1958‑built 3‑bedroom, 1.5‑bath split level in Blackwood Estates on a quiet cul‑de‑sac; Open floor plan with vaulted ceilings, skylights, recessed lighting, ceiling fans, and an abundance of natural light; Updated kitchen with center island, stainless steel appliance package, and quartz countertops
