Side-by-Side Duplex with
200 Norcross Lane Pemberton, NJ 08068
200 Norcross Lane, Pemberton, NJ, 08068
$250,000
Pending
For Sale
$250,000
Pending
Duplex with two side-by-side units, each with two bedrooms; one unit is tenant-occupied with 24-hour notice required.
Property Size690 SF
Days on Market94
Property Features for 200 Norcross Lane
General Information
- Standard status
- Pending
- Size
- 690 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1952
Listing agency
RE/MAX Executive Realty-Pemberton
(609) 894-4400
Listed by
Joseph A Trela · License #9909327
(609) 894-4400
Source
Compass
Added: Apr 19 Updated: Jul 21 at 2:03PM Checked: Jul 21 at 2:03PM
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 RE/MAX Executive Realty-Pemberton
Investment Insights
Based on property information with market context.
This for-sale duplex features two side-by-side units, with two bedrooms included in each unit. One unit is presently tenant-occupied, and showings must be scheduled through the office with 24 hours’ notice required for the tenant.
The property is located at 200 Norcross Lane in Pemberton, New Jersey (Burlington County), within the Pemberton Township Schools district.
The listing is positioned as a multi-unit purchase option and includes the two units for one price, with taxes referenced as low in the public remarks.
The property is located at 200 Norcross Lane in Pemberton, New Jersey (Burlington County), within the Pemberton Township Schools district.
The listing is positioned as a multi-unit purchase option and includes the two units for one price, with taxes referenced as low in the public remarks.
Key Highlights
- Duplex with 2 side‑by‑side units, each offering 2 bedrooms
- One unit is presently tenant‑occupied; 24 hours' notice is required for the tenant
- Year built: 1952
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 | $14.9k | $21.60 |
| − Vacancy | −$778 | −$1.13 |
| EGI | $14.1k | $20.47 |
| − OpEx | −$4.2k | −$6.14 |
| NOI | $9.9k | $14.33 |
690 SF · lease $21.60/SF/yr · vacancy 5.22% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$141.3K
$123.6K – $164.8K
NOI $9,888 @ 7.0% cap · market cap 3.96%
Second Best
Apartment 5plus
$129.1K
$113.0K – $150.6K
NOI $9,037 @ 7.0% cap · market cap 3.61%
Theoretical Best
Warehouse
$1.44M
$1.26M – $1.68M
NOI $101,019 @ 7.0% cap · market cap 40.41%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Duplex with two side-by-side units, each with two bedrooms; one unit is tenant-occupied with 24-hour notice required.
Where is this duplex located?
The property is located at 200 Norcross Lane Pemberton, NJ.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Duplex with 2 side‑by‑side units, each offering 2 bedrooms; One unit is presently tenant‑occupied; 24 hours' notice is required for the tenant; Year built: 1952
