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Collingswood Duplex with Private Decks

212 White Horse Oaklyn, NJ 08107

212 White Horse, Oaklyn, NJ, 08107
$449,000
For Sale
$449,000

Two rented 1-bedroom, 1-bath units, including basement laundry storage and an upper-unit deck plus garage access.

Property Size1,560 SF
Price / SF$287.82
Days on Market92

Property Features for 212 White Horse

General Information

Standard status
Active
Size
1,560 SF
Property subtype
Multi-Family / Fee Simple

Building Details

Year Built
1925
Listing agency Redfin
Listed by Lisa Jane Korkuch · License #2182991
Source Compass
Added: Apr 21 Updated: Jul 21 at 6:16AM Checked: Jul 21 at 6:16AM

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 Redfin


Investment Insights

Based on property information with market context.

Well-maintained duplex with two rented residential units. Each unit offers 1 bedroom and 1 full bathroom.

The first-floor unit includes direct access to the basement, where laundry facilities and additional storage are located. The upper unit features a private outdoor deck and provides access to a garage.

The property also offers ample parking for residents and guests. Convenient access to major roadways, shopping, and public transportation is noted in the listing remarks.

Key Highlights

  • Well‑maintained Collingswood duplex built in 1925, with two rented 1‑bedroom, 1‑bath units
  • First‑floor unit includes direct access to the basement with laundry facilities and additional storage
  • Upper unit features a private outdoor deck and access to a garage

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 $26.8k $17.16
− Vacancy −$1.4k −$0.91
EGI $25.3k $16.25
− OpEx −$7.6k −$4.87
NOI $17.7k $11.37
1,560 SF · lease $17.16/SF/yr · vacancy 5.32% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$253.5K
$221.8K – $295.7K (±1% cap)
NOI $17,742 @ 7.0% cap · market cap 3.95%
Second Best
Apartment 5plus
$226.3K
$198.0K – $264.1K (±1% cap)
NOI $15,843 @ 7.0% cap · market cap 3.53%
Theoretical Best
Office A
$395.5K
$346.1K – $461.5K (±1% cap)
NOI $27,688 @ 7.0% cap · market cap 6.17%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Big Box & Wholesale Store Dental Office Building Supply Law Firm Auto Parts Store Auto Repair Shop Spa & Massage Center Storage Facility Hotel & Motel

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Two rented 1-bedroom, 1-bath units, including basement laundry storage and an upper-unit deck plus garage access.
Where is this duplex located?
The property is located at 212 White Horse Oaklyn, NJ.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: Well‑maintained Collingswood duplex built in 1925, with two rented 1‑bedroom, 1‑bath units; First‑floor unit includes direct access to the basement with laundry facilities and additional storage; Upper unit features a private outdoor deck and access to a garage
Contact an agent
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