Duplex with Detached
For Sale
$575,000
213 S Church Street, Moorestown, NJ 08057
Two separate residences offer varied layouts, updated finishes, outdoor areas, and dedicated parking.
Property Size2,044 SF
Price / SF$281.31
Days on Market159
Property Features for 213 S Church Street
General Information
Standard status
Active
Size
2,044 SF
Total Parking Spaces
2
Property subtype
Multi-family
Units
Unit Mix
1 x 2BR/1BA, 1 x 3BR/2BA
Multifamily Units
2
Amenities
deck
front porch
laundry area
mudroom
Building Details
Year Built
1900
Buildings
1
Listing Agency:
Keller Williams Realty - Moorestown
Listed By:
Samuel N Lepore
(800) 299-2129
Source:
Actionplusrealty
Added: May 1
Changed: Oct 6
Last Checked: Oct 5 at 8:39PM
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 Keller Williams Realty - Moorestown
Investment Insights
Based on property information with market context.
This 2,044-square-foot duplex, built in 1900, contains two distinct residences with different configurations. One apartment offers two bedrooms, a renovated full bathroom, a kitchen with stainless steel appliances and granite countertops, plus a laundry area, mudroom, and rear deck. The second residence extends across two levels, with a living room, kitchen, bedroom, and full bathroom on the main floor, followed by two bedrooms and another full bathroom upstairs.
The property includes a detached two-car garage, front porch, and an additional rear deck. Its Moorestown setting provides proximity to shopping, dining, and major roadways.
The property includes a detached two-car garage, front porch, and an additional rear deck. Its Moorestown setting provides proximity to shopping, dining, and major roadways.
Key Highlights
- 2,044‑square‑foot duplex built in 1900
- Two‑bedroom unit with renovated full bathroom
- Kitchen features stainless steel appliances and granite countertops
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,292
Cap Rate
5.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$585,840
$585.8K
Cap Rate 7%
$418,457
$418.5K
Cap Rate 9%
$325,467
$325.5K
Market Conditions
NOI Build-Up for 2,044 SF
Gross rent
$44.2K $21.60/SF
− Vacancy
−$2.3K −$1.13/SF
EGI
$41.8K $20.47/SF
− OpEx
−$12.6K −$6.14/SF
NOI
$29.3K $14.33/SF
Area
Burlington County, NJ
Vacancy
5.22%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$585,840
Cap Rate 7%
$418,457
Cap Rate 9%
$325,467
Alternative Uses
Best Use
Multifamily LT 5
$418.5K
$366.2K – $488.2K
NOI $29,292 @ 7.0% cap · market cap 5.09%
Second Best
Apartment 5plus
$382.5K
$334.7K – $446.2K
NOI $26,772 @ 7.0% cap · market cap 4.66%
Theoretical Best
Warehouse
$4.27M
$3.74M – $4.99M
NOI $299,249 @ 7.0% cap · market cap 52.04%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,072
Businesses Nearby
Explore this area
Business Placement
Demographics for 08057, NJ
21,691
Population
8,382
Households
2.6
Avg Household Size
44
Median Age
67%
College-Educated
96%
High-School Grad
15.3 sq mi
ZIP Area
1,418
Density / Sq Mi
$152,290
Median Household Income
$72,500
Median Earnings
$1,485
Median Rent
$626,400
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
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Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences offer varied layouts, updated finishes, outdoor areas, and dedicated parking.
Where is this duplex located?
The property is located at 213 S Church Street Moorestown, NJ.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: 2,044‑square‑foot duplex built in 1900; Two‑bedroom unit with renovated full bathroom; Kitchen features stainless steel appliances and granite countertops
