Duplex with Fenced
New
For Sale
$349,999
1885 N MAIN ROAD, Vineland, NJ 08360
Two separate apartments offer distinct layouts, with private gas and electric service and shared water.
Property Size2,176 SF
Price / SF$160.85
Days on Market4
Property Features for 1885 N MAIN ROAD
General Information
Standard status
Active
Size
2,176 SF
Property subtype
Duplex
Occupancy
100%
Property Condition
Severity
Repairs Needed
Evidence
A little updating
Units
Unit Mix
1 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units
2
Additional Details
Utilities to Site
Yes
Amenities
wraparound porch
fully fenced backyard
walk-down basement
Building Details
Year Built
1900
Listing Agency:
Coldwell Banker Excel Realty
(856) 696-1111
Listed By:
Tracey A Giordano · License #1649510
(856) 503-8500
Source:
Cummingsrealtors
Added: Oct 19
Changed: Oct 21
Last Checked: Oct 21 at 2:11AM
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 Coldwell Banker Excel Realty
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Investment Insights
Based on property information with market context.
This 2,176-square-foot legal duplex sits on a corner parcel of nearly half an acre and includes two occupied apartments. The first-floor unit has two bedrooms, one full bathroom, a family room, an eat-in kitchen, and access from a bedroom to a wraparound porch. A full, unfinished walk-down basement provides additional storage. Upstairs, the one-bedroom apartment includes a full bathroom, family room, and bonus room.
The backyard is fully fenced. Gas and electric service are separately metered for the two units; water is shared. Improvements include electrical work and a downstairs renovation in 1996, a roof installed in 2017, an upstairs water heater added in 2024, and several updates in 2025, including storm doors, a Bilco door, heating-system pipe replacement, and new kitchen flooring downstairs.
The backyard is fully fenced. Gas and electric service are separately metered for the two units; water is shared. Improvements include electrical work and a downstairs renovation in 1996, a roof installed in 2017, an upstairs water heater added in 2024, and several updates in 2025, including storm doors, a Bilco door, heating-system pipe replacement, and new kitchen flooring downstairs.
Key Highlights
- Legal duplex with two occupied apartments on nearly half an acre
- 2,176 square feet on a corner lot with a fully fenced backyard
- Unit mix: first‑floor 2‑bedroom, 1‑bath apartment and second‑floor 1‑bedroom, 1‑bath apartment
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,299
Cap Rate
8.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$565,980
$566.0K
Cap Rate 7%
$404,271
$404.3K
Cap Rate 9%
$314,433
$314.4K
Market Conditions
NOI Build-Up for 2,176 SF
Gross rent
$43.1K $19.80/SF
− Vacancy
−$2.7K −$1.22/SF
EGI
$40.4K $18.58/SF
− OpEx
−$12.1K −$5.57/SF
NOI
$28.3K $13.00/SF
Area
Cumberland County, NJ
Vacancy
6.17%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$565,980
Cap Rate 7%
$404,271
Cap Rate 9%
$314,433
Alternative Uses
Best Use
Multifamily LT 5
$404.3K
$353.7K – $471.7K
NOI $28,299 @ 7.0% cap · market cap 8.09%
Second Best
Apartment 5plus
$372.2K
$325.6K – $434.2K
NOI $26,051 @ 7.0% cap · market cap 7.44%
Theoretical Best
Office A
$3.27M
$2.86M – $3.81M
NOI $228,710 @ 7.0% cap · market cap 65.35%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
2
Residential units
100%
Occupancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
63
Businesses Nearby
Explore this area
Business Placement
Demographics for 08360, NJ
43,043
Population
16,797
Households
2.6
Avg Household Size
38
Median Age
17%
College-Educated
79%
High-School Grad
44.3 sq mi
ZIP Area
972
Density / Sq Mi
$62,604
Median Household Income
$37,236
Median Earnings
$1,164
Median Rent
$199,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate apartments offer distinct layouts, with private gas and electric service and shared water.
Where is this duplex located?
The property is located at 1885 N MAIN ROAD Vineland, NJ.
What is the asking price?
The asking price for this property is $349,999.
What are key features of this property?
This property features: Legal duplex with two occupied apartments on nearly half an acre; 2,176 square feet on a corner lot with a fully fenced backyard; Unit mix: first‑floor 2‑bedroom, 1‑bath apartment and second‑floor 1‑bedroom, 1‑bath apartment
