Duplex with New
For Sale
$365,000
2154 BROWNING Road, Pennsauken, NJ 08110
Multi-Family, PENNSAUKEN, NJ
Property Size2,164 SF
Lot Size0.14 Acres
Price / SF$168.67
Days on Market140
Property Features for 2154 BROWNING Road
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Parking features
Driveway
Elementary school district
PENNSAUKEN TOWNSHIP PUBLIC SCHOOLS
Middle school district
PENNSAUKEN TOWNSHIP PUBLIC SCHOOLS
High school district
PENNSAUKEN TOWNSHIP PUBLIC SCHOOLS
Standard status
Active
Size
2,164 SF
Lot size
0.14 Acres
Taxes and HOA fees
Tax Annual Amount
6070
Utilities
Heating system
Other (Heating)
Building Details
Year built
1924
Number of units
1
Building materials
Brick, Vinyl Siding
Architectural style
Colonial
Listing Agency:
RE/MAX Of Cherry Hill · RE/MAX International
Listed By:
Alan Browne · License #8643142
(856) 424-4040
Added: Jun 3
Changed: Aug 19
Last Checked: Oct 20 at 8:06PM
MLS# NJCD2119084
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.
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Investment Insights
Based on property information with market context.
This Colonial duplex contains two 2-bedroom residences, with one apartment on each floor. The 2164-square-foot property was built in 1924 and features brick and vinyl siding, a driveway, and a roof installed this year. Each unit has separate utilities, while the owner pays water and sewer.
Both apartments are occupied by long-term tenants who would like to remain. The property is being offered in As Is condition. Showings require appointments, 24 hours’ notice, and are limited to Wednesdays from 6 to 8 pm and Saturdays from 12 to 3 pm.
Both apartments are occupied by long-term tenants who would like to remain. The property is being offered in As Is condition. Showings require appointments, 24 hours’ notice, and are limited to Wednesdays from 6 to 8 pm and Saturdays from 12 to 3 pm.
Key Highlights
- Two 2‑bedroom units, with one residence on each floor
- 2164 sq foot duplex on a 0.1435‑acre lot
- New roof installed this year
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,611
Cap Rate
6.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$492,220
$492.2K
Cap Rate 7%
$351,586
$351.6K
Cap Rate 9%
$273,456
$273.5K
Market Conditions
NOI Build-Up for 2,164 SF
Gross rent
$37.1K $17.16/SF
− Vacancy
−$2.0K −$0.91/SF
EGI
$35.2K $16.25/SF
− OpEx
−$10.5K −$4.87/SF
NOI
$24.6K $11.37/SF
Area
Camden County, NJ
Vacancy
5.32%
Lease Rate
$17.16 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$492,220
Cap Rate 7%
$351,586
Cap Rate 9%
$273,456
Alternative Uses
Best Use
Multifamily LT 5
$351.6K
$307.6K – $410.2K
NOI $24,611 @ 7.0% cap · market cap 6.74%
Second Best
Apartment 5plus
$314.0K
$274.7K – $366.3K
NOI $21,977 @ 7.0% cap · market cap 6.02%
Theoretical Best
Office A
$548.7K
$480.1K – $640.2K
NOI $38,409 @ 7.0% cap · market cap 10.52%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
661
Businesses Nearby
Explore this area
Business Placement
Demographics for 08110, NJ
19,599
Population
6,738
Households
2.9
Avg Household Size
37
Median Age
20%
College-Educated
77%
High-School Grad
6.5 sq mi
ZIP Area
3,015
Density / Sq Mi
$81,307
Median Household Income
$40,804
Median Earnings
$1,192
Median Rent
$194,400
Median Home Value
Check the figures for this property
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 - Two matching two-bedroom units offer separate tenant utilities and driveway parking in a tenant-occupied Colonial property.
Where is this duplex located?
The property is located at 2154 BROWNING Road Pennsauken, NJ.
What is the asking price?
The asking price for this property is $365,000.
What are key features of this property?
This property features: Two 2‑bedroom units, with one residence on each floor; 2164 sq foot duplex on a 0.1435‑acre lot; New roof installed this year
