Two-Story Duplex with Two
2154 BROWNING Road Pennsauken, NJ 08110
2154 BROWNING Road, Pennsauken, NJ, 08110
$365,000
For Sale
$365,000
MULTI_FAMILY - Colonial - PENNSAUKEN, NJ
Property Size2,164 SF
Lot Size0.14 Acres
Price / SF$168.67
Days on Market49
Property Features for 2154 BROWNING Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Driveway
- 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
(856) 424-4040
Listed by
Alan Browne · License #8643142
(856) 424-4040
Added: Jun 3 Updated: Jun 9 at 12:26PM Checked: Jul 21 at 7:06AM
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.
Investment Insights
Based on property information with market context.
This duplex features a 2-bedroom unit on the first floor and a matching 2-bedroom unit on the second floor. The property includes a total 2,164 square feet, with each unit served by separate utilities for the tenants, while the owner pays water and sewer only. The home is described as being sold in “As Is” condition, and a new roof was installed this year.
The duplex is located at 2154 Browning Road in Pennsauken, New Jersey. Showing times are limited, and there is no lockbox; showings are by appointment only. Appointments are allowed only on Wednesdays from 6:00 to 8:00 pm and Saturdays from 12:00 to 3:00 pm, so scheduling will need to follow these windows.
From an occupancy standpoint, the existing tenants have occupied the property for an extremely long time and would like to remain. The listing also notes $3,200 per month in monthly income provided by the current tenants. This configuration can be well-suited for an owner-operator or investor seeking a simple two-unit setup with independent tenant utility responsibility and a recently replaced roof.
The duplex is located at 2154 Browning Road in Pennsauken, New Jersey. Showing times are limited, and there is no lockbox; showings are by appointment only. Appointments are allowed only on Wednesdays from 6:00 to 8:00 pm and Saturdays from 12:00 to 3:00 pm, so scheduling will need to follow these windows.
From an occupancy standpoint, the existing tenants have occupied the property for an extremely long time and would like to remain. The listing also notes $3,200 per month in monthly income provided by the current tenants. This configuration can be well-suited for an owner-operator or investor seeking a simple two-unit setup with independent tenant utility responsibility and a recently replaced roof.
Key Highlights
- Duplex built in 1924 with colonial architectural style
- 2‑bedroom units on both the 1st and 2nd floors
- 2164 sq ft per unit, with separate utilities for tenants; owner pays water and sewer only
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 | $37.1k | $17.16 |
| − Vacancy | −$2.0k | −$0.91 |
| EGI | $35.2k | $16.25 |
| − OpEx | −$10.5k | −$4.87 |
| NOI | $24.6k | $11.37 |
2,164 SF · lease $17.16/SF/yr · vacancy 5.32% · expense 30.00%
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Duplex in Pennsauken offers two 2-bedroom units with separate utilities for tenants.
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: Duplex built in 1924 with colonial architectural style; 2‑bedroom units on both the 1st and 2nd floors; 2164 sq ft per unit, with separate utilities for tenants; owner pays water and sewer only
