Renovated Duplex with
For Sale
$390,000
211 Berkley Rd, Paulsboro, NJ 08066
Extensively renovated duplex with a full basement, new kitchen, updated windows, and second-floor living space.
Property Size1,905 SF
Price / SF$204.72
Days on Market138
Property Features for 211 Berkley Rd
General Information
Standard status
Active
Size
1,905 SF
Property subtype
Residential
Taxes and HOA fees
Annual Taxes
$5,630
Listing Agency:
BHHS Fox & Roach-Mullica Hill South
(856) 343-6000
Listed By:
Ida Zammarrelli · License #455464
(609) 221-3394
Source:
Exprealty
Added: Jun 8
Changed: Oct 3
Last Checked: Oct 21 at 1:14AM
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 BHHS Fox & Roach-Mullica Hill South
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Investment Insights
Based on property information with market context.
This extensively renovated property offers the flexibility of both a duplex configuration and a single-family layout. The first floor features three generously sized bedrooms, a brand-new kitchen, luxury vinyl flooring, updated windows throughout most of the home, and newly finished bathrooms with custom tile. Recessed lighting adds brightness throughout.
A full basement provides additional usable space. The second floor includes a kitchen, living area, full bath, and bedroom.
Additional improvements include new appliances, a new HVAC system, and a new electrical panel. Overall, the home presents a move-in-ready, modernized interior with upgrades intended to provide reliable functionality for years to come.
A full basement provides additional usable space. The second floor includes a kitchen, living area, full bath, and bedroom.
Additional improvements include new appliances, a new HVAC system, and a new electrical panel. Overall, the home presents a move-in-ready, modernized interior with upgrades intended to provide reliable functionality for years to come.
Key Highlights
- Extensively renovated property with flexibility as a duplex and a single‑family home
- First floor features 3 bedrooms, a brand new kitchen, new luxury vinyl flooring, and recessed lighting
- Updated windows (most windows updated) plus new bathrooms with custom tile finishes
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,030
Cap Rate
6.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$500,600
$500.6K
Cap Rate 7%
$357,571
$357.6K
Cap Rate 9%
$278,111
$278.1K
Market Conditions
NOI Build-Up for 1,905 SF
Gross rent
$37.7K $19.80/SF
− Vacancy
−$2.0K −$1.03/SF
EGI
$35.8K $18.77/SF
− OpEx
−$10.7K −$5.63/SF
NOI
$25.0K $13.14/SF
Area
Gloucester County, NJ
Vacancy
5.20%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$500,600
Cap Rate 7%
$357,571
Cap Rate 9%
$278,111
Alternative Uses
Best Use
Multifamily LT 5
$357.6K
$312.9K – $417.2K
NOI $25,030 @ 7.0% cap · market cap 6.42%
Second Best
Apartment 5plus
$318.1K
$278.3K – $371.1K
NOI $22,266 @ 7.0% cap · market cap 5.71%
Theoretical Best
Office A
$640.3K
$560.3K – $747.1K
NOI $44,824 @ 7.0% cap · market cap 11.49%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Location Intelligence
Trade Area within ½ mile
184
Businesses Nearby
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Business Placement
Demographics for 08066, NJ
8,414
Population
3,605
Households
2.3
Avg Household Size
37
Median Age
21%
College-Educated
90%
High-School Grad
6.8 sq mi
ZIP Area
1,237
Density / Sq Mi
$62,412
Median Household Income
$35,684
Median Earnings
$1,092
Median Rent
$166,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Extensively renovated duplex with a full basement, new kitchen, updated windows, and second-floor living space.
Where is this duplex located?
The property is located at 211 Berkley Rd Paulsboro, NJ.
What is the asking price?
The asking price for this property is $390,000.
What are key features of this property?
This property features: Extensively renovated property with flexibility as a duplex and a single‑family home; First floor features 3 bedrooms, a brand new kitchen, new luxury vinyl flooring, and recessed lighting; Updated windows (most windows updated) plus new bathrooms with custom tile finishes
