Six-Unit Historic Victorian Apartment
For Sale
$999,999
212 WARREN Street, Beverly, NJ 08010
MULTI_FAMILY - Victorian - BEVERLY, NJ
Property Size4,134 SF
Lot Size0.26 Acres
Price / SF$241.90
Days on Market182
Property Features for 212 WARREN Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking
8
Parking features
Parking Lot
Subdivision
NONE AVAILABLE
High school
PALMYRA H.S.
Elementary school district
PALMYRA BOROUGH PUBLIC SCHOOLS
Middle school district
PALMYRA BOROUGH PUBLIC SCHOOLS
High school district
PALMYRA BOROUGH PUBLIC SCHOOLS
Standard status
Active
Size
4,134 SF
Lot size
0.26 Acres
Taxes and HOA fees
Tax Annual Amount
21791
Utilities
Heating system
Zoned
Cooling system
Window Unit(s), Ductless
Amenities
pet friendly
air conditioning
off-street parking
private decks
Building Details
Year built
1900
Number of units
4
Building materials
Frame
Architectural style
Victorian
Listing Agency:
HomeSmart First Advantage Realty · HomeSmart International
(856) 363-3000
Listed By:
Natalie Schanne · License #1647304
(609) 325-1705
Added: Feb 5
Changed: Aug 1
Last Checked: Aug 6 at 6:06AM
MLS# NJBL2105162
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.
Investment Insights
Based on property information with market context.
This historic Victorian apartment building offers six residential units in a frame structure with a mix of three one-bedroom units and three two-bedroom units. Five of the units have been recently renovated, including renovated kitchens with new refrigerator and gas stove oven, and renovated bathrooms with new vanity and fixtures. Residents benefit from hardwood floors, fresh paint, air conditioning, zoned heating, and 8+ ft ceilings. Some apartments include private elevated decks for tenant use. The building also features surface off-street parking.
The property is located at 212 Warren Street in Beverly, NJ, in a tree-lined neighborhood setting. It is described as minutes from the Beverly–Edgewater Park River LINE Train Stop and the Delaware River, with nearby shops, restaurants, and parks.
An open house is scheduled for Saturday 2-3 PM. Measurements are approximate, and buyers are advised to verify.
The property is located at 212 Warren Street in Beverly, NJ, in a tree-lined neighborhood setting. It is described as minutes from the Beverly–Edgewater Park River LINE Train Stop and the Delaware River, with nearby shops, restaurants, and parks.
An open house is scheduled for Saturday 2-3 PM. Measurements are approximate, and buyers are advised to verify.
Key Highlights
- 6‑unit historic Victorian frame apartment building
- 3 one‑bedroom units and 3 two‑bedroom units
- 5 units recently renovated with updated kitchens and bathrooms
Financial Insights For Apartment 5plus
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 | $104.2k | $25.20 |
| − Vacancy | −$5.7k | −$1.39 |
| EGI | $98.4k | $23.81 |
| − OpEx | −$44.3k | −$10.72 |
| NOI | $54.1k | $13.10 |
4,134 SF · lease $25.20/SF/yr · vacancy 5.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$773.5K
$676.8K – $902.4K
NOI $54,146 @ 7.0% cap · market cap 5.41%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$8.65M
$7.57M – $10.09M
NOI $605,233 @ 7.0% cap · market cap 60.52%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
223
Businesses Nearby
Explore this area
Business Placement
Demographics for 08010, NJ
11,555
Population
4,995
Households
2.3
Avg Household Size
41
Median Age
30%
College-Educated
95%
High-School Grad
3.6 sq mi
ZIP Area
3,210
Density / Sq Mi
$85,285
Median Household Income
$48,077
Median Earnings
$1,472
Median Rent
$227,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Historic six-unit apartment building with surface parking, pet-friendly units, and five recently renovated residences.
Where is this apartment building located?
The property is located at 212 WARREN Street Beverly, NJ.
What is the asking price?
The asking price for this property is $999,999.
What are key features of this property?
This property features: 6‑unit historic Victorian frame apartment building; 3 one‑bedroom units and 3 two‑bedroom units; 5 units recently renovated with updated kitchens and bathrooms
