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    All-Brick Duplex Income Property Title is generated by Realmo AI

    1906 46TH Street, Pennsauken, NJ 08110

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    Claim this Listing
    New
    For Sale
    $295,000

    MULTI_FAMILY - PENNSAUKEN, NJ

    Property size:
    1,316 SF
    Lot size:
    0.06 Acres
    Price / SF:
    $224/SF
    Added:
    Jul 1, 2026
    Days on Market:
    6
    Last Refresh:
    Jul 6 at 11:06 pm

    Property Features for 1906 46TH Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Parking features
    On Street
    Appliances
    Built-In Range
    Standard status
    Active
    Size
    1,316 SF
    Lot size
    0.06 Acres

    Taxes and HOA fees

    Tax Annual Amount
    4077

    Utilities

    Heating system
    Other (Heating)

    Building Details

    Year built
    1941
    Number of units
    2
    Building materials
    Brick

    We can help!

    Contact an agent
    Alan Browne

    Listing agent Alan Browne License #8643142

    Listing office RE/MAX Of Cherry Hill 1736 Marlton Pike, Cherry Hill, NJ

    Listing date Jul 1, 2026

    MLS# NJCD2121500 Listing URL

    Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Brick duplex built in 1941 with 2 units, each with 1 bedroom
    • 2nd‑floor unit rents for $1,330/month and is scheduled to be occupied 7/7/2026
    • 1st‑floor unit is currently vacant, offering owner‑occupant flexibility
    • Full basement with separate meters for hot water, heat, and electric
    • Built‑in range included
    • On‑street parking

    Overview

    This all-brick duplex offers two separate residential units, each featuring one bedroom. The property includes a full basement and separate meters for hot water, heat, and electric, supporting straightforward utility allocation between units.

    The first-floor unit is currently vacant, while the second-floor unit is scheduled to be occupied on 7/7/2026. The home is located in Pennsauken, NJ, and the seller notes close proximity to shopping, restaurants, and major roads.

    As an income property, this duplex can fit both investors seeking a stable two-unit setup and owner-occupants who may prefer to occupy one unit while the other generates rent. The brick exterior is designed for lower exterior maintenance, and the separate-meter configuration can simplify day-to-day operations for anyone managing the property. For tenants and operators looking for a manageable multi-family format with clear utility separation, this Pennsauken duplex is a practical option to evaluate.

    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 $22.6k $17.16
    − Vacancy −$1.2k −$0.91
    EGI $21.4k $16.25
    − OpEx −$6.4k −$4.87
    NOI $15.0k $11.37
    1,316 SF · lease $17.16/SF/yr · vacancy 5.32% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $213.8K
    $187.1K – $249.5K (±1% cap)
    NOI $14,967 @ 7.0% cap · market cap 5.07%
    Second Best
    Apartment 5plus
    $190.9K
    $167.1K – $222.8K (±1% cap)
    NOI $13,365 @ 7.0% cap · market cap 4.53%
    Theoretical Best
    Office A
    $333.7K
    $292.0K – $389.3K (±1% cap)
    NOI $23,358 @ 7.0% cap · market cap 7.92%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Real Estate Agency Parking Lot & Garage Skin Care Clinic Cafe & Coffee Shop Gym & Fitness Center Bar & Pub Hotel & Motel Acupuncture Electrical Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Pennsauken
    County
    Camden
    State
    New Jersey
    Longitude
    -75.06884
    Latitude
    39.95795

    FAQs

    What type of property is this?
    Duplex - Two one-bedroom units in an all-brick duplex with a full basement and separate utility meters.
    Where is this duplex located?
    The property is located at 1906 46TH Street Pennsauken, NJ.
    What is the asking price?
    The asking price for this property is $295,000.
    What are key features of this property?
    This property features: Brick duplex built in 1941 with 2 units, each with 1 bedroom; 2nd‑floor unit rents for $1,330/month and is scheduled to be occupied 7/7/2026; 1st‑floor unit is currently vacant, offering owner‑occupant flexibility
    More about this property
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