Duplex Residential Income
For Sale
$289,900
2001 Woodlynne Ave, Oaklyn, NJ
Two residences offer separate 2-bedroom and 3-bedroom layouts.
Property Size2,100 SF
Price / SF$138.05
Days on Market123
Property Features for 2001 Woodlynne Ave
General Information
Standard status
Active
Size
2,100 SF
Property subtype
Residential Income
Property Condition
Severity
Repairs Needed
Evidence
primed for renovation
Units
Unit Mix
1 x 2BR/1BA, 1 x 3BR/1BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$8,491
Listing Agency:
Keyvest, LLC
(640) 444-1507
Listed By:
JAZMIN SHANELLE MCCLAIN
(640) 444-1507
Source:
Exprealty
Added: May 1
Changed: Aug 31
Last Checked: Aug 31 at 2:50AM
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 Keyvest, LLC
Investment Insights
Based on property information with market context.
This duplex is configured as two separate residential units with a practical bedroom and bathroom mix. Unit A includes 2 bedrooms and 1 bathroom, while Unit B provides 3 bedrooms and 1 bathroom. The property is presented as a renovation opportunity suitable for rental income or resale, subject to the buyer’s plans and applicable requirements.
Located at 2001 Woodlynne Ave in Oaklyn, NJ, the property is described as being near local amenities, transportation, and major routes. Unit A is not available for initial showings and may be viewed after an accepted offer during attorney review. Prospective visitors are asked not to disturb the tenants.
Located at 2001 Woodlynne Ave in Oaklyn, NJ, the property is described as being near local amenities, transportation, and major routes. Unit A is not available for initial showings and may be viewed after an accepted offer during attorney review. Prospective visitors are asked not to disturb the tenants.
Key Highlights
- Two‑unit duplex configuration
- Unit A includes 2 bedrooms and 1 bathroom
- Unit B includes 3 bedrooms and 1 bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$23,883
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.24%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$477,660
$477.7K
Cap Rate 7%
$341,186
$341.2K
Cap Rate 9%
$265,367
$265.4K
Market Conditions
NOI Build-Up for 2,100 SF
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.
Gross rent
$36.0K $17.16/SF
− Vacancy
−$1.9K −$0.91/SF
EGI
$34.1K $16.25/SF
− OpEx
−$10.2K −$4.87/SF
NOI
$23.9K $11.37/SF
Area
Camden County, NJ
Vacancy
5.32%
Lease Rate
$17.16 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$477,660
Cap Rate 7%
$341,186
Cap Rate 9%
$265,367
Alternative Uses
Best Use
Multifamily LT 5
$341.2K
$298.5K – $398.1K
NOI $23,883 @ 7.0% cap · market cap 8.24%
Second Best
Apartment 5plus
$304.7K
$266.6K – $355.5K
NOI $21,327 @ 7.0% cap · market cap 7.36%
Theoretical Best
Office A
$532.5K
$465.9K – $621.2K
NOI $37,273 @ 7.0% cap · market cap 12.86%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
613
Businesses Nearby
Explore this area
Business Placement
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two residences offer separate 2-bedroom and 3-bedroom layouts.
Where is this duplex located?
The property is located at 2001 Woodlynne Ave Oaklyn, NJ.
What is the asking price?
The asking price for this property is $289,900.
What are key features of this property?
This property features: Two‑unit duplex configuration; Unit A includes 2 bedrooms and 1 bathroom; Unit B includes 3 bedrooms and 1 bathroom
