Duplex Residential Income
219 EVERGREEN Avenue Oaklyn, NJ 08107
For Sale
$359,900
MULTI_FAMILY - Other - OAKLYN, NJ
Property Size1,610 SF
Lot Size0.11 Acres
Price / SF$223.54
Days on Market609
Property Features for 219 EVERGREEN Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- On Street
- Standard status
- Active
- Size
- 1,610 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Annual Amount
- 8002
Utilities
- Heating system
- Forced Air
- Cooling system
- Window Unit(s)
Building Details
- Year built
- 1920
- Number of units
- 1
- Building materials
- Stucco
- Architectural style
- Other
Listing Agency:
Realty Mark Advantage
(856) 457-4900
Listed By:
Edgar Cruz · License #1860506
(856) 761-6226
Added: Nov 21, 2024
Changed: Jun 9
Last Checked: Jul 23 at 1:06PM
MLS# NJCD2079150
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 well-maintained duplex includes two separate residential units. Each unit features 2 bedrooms and 1 full bathroom, with functional layouts and ample natural light throughout. The property is sized at 1,610 square feet on a 0.1148-acre lot.
Located at 219 EVERGREEN Avenue in Oaklyn, NJ (Camden County), the home is positioned for everyday convenience. Public remarks note proximity to shopping, dining, schools, and major roadways, supporting practical access for residents and visitors.
The property is suited to buyers looking for a duplex setup they can occupy while benefiting from a second income-producing unit, or for investors seeking a manageable two-unit configuration. With two clearly defined, similar-style units, it can also simplify day-to-day operations compared with more complex multifamily buildings.
Located at 219 EVERGREEN Avenue in Oaklyn, NJ (Camden County), the home is positioned for everyday convenience. Public remarks note proximity to shopping, dining, schools, and major roadways, supporting practical access for residents and visitors.
The property is suited to buyers looking for a duplex setup they can occupy while benefiting from a second income-producing unit, or for investors seeking a manageable two-unit configuration. With two clearly defined, similar-style units, it can also simplify day-to-day operations compared with more complex multifamily buildings.
Key Highlights
- Duplex built in 1920 with stucco construction materials
- Two units total, each with 2 bedrooms and 1 full bathroom
- Forced‑air heating and window unit(s) cooling
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 | $27.6k | $17.16 |
| − Vacancy | −$1.5k | −$0.91 |
| EGI | $26.2k | $16.25 |
| − OpEx | −$7.8k | −$4.87 |
| NOI | $18.3k | $11.37 |
1,610 SF · lease $17.16/SF/yr · vacancy 5.32% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$261.6K
$228.9K – $305.2K
NOI $18,310 @ 7.0% cap · market cap 5.09%
Second Best
Apartment 5plus
$233.6K
$204.4K – $272.5K
NOI $16,350 @ 7.0% cap · market cap 4.54%
Theoretical Best
Office A
$408.2K
$357.2K – $476.3K
NOI $28,576 @ 7.0% cap · market cap 7.94%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Two-unit duplex with 2-bed/1-bath layouts, offering a straightforward owner-occupant or investment configuration.
Where is this duplex located?
The property is located at 219 EVERGREEN Avenue Oaklyn, NJ.
What is the asking price?
The asking price for this property is $359,900.
What are key features of this property?
This property features: Duplex built in 1920 with stucco construction materials; Two units total, each with 2 bedrooms and 1 full bathroom; Forced‑air heating and window unit(s) cooling
