Renovated Duplex with
211 Berkley Road Paulsboro, NJ 08066
211 Berkley Road, Paulsboro, NJ, 08066
$390,000
For Sale
$390,000
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 Market66
Property Features for 211 Berkley Road
General Information
- Standard status
- Active
- Size
- 1,905 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1940
Listing agency
BHHS Fox & Roach-Mullica Hill South
(609) 221-3394
Listed by
Ida Zammarrelli · License #455464
(609) 221-3394
Source
Compass
Added: May 18 Updated: Jul 22 at 1:45AM Checked: Jul 22 at 7:38AM
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
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
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 | $37.7k | $19.80 |
| − Vacancy | −$2.0k | −$1.03 |
| EGI | $35.8k | $18.77 |
| − OpEx | −$10.7k | −$5.63 |
| NOI | $25.0k | $13.14 |
1,905 SF · lease $19.80/SF/yr · vacancy 5.20% · expense 30.00%
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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
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 Road 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
