231 WHITE HORSE Pike, Clementon, NJ 08021
MULTI_FAMILY - CLEMENTON, NJ
- Added:
- Jul 1, 2026
- Days on Market:
- 2
- Last Refresh:
- Jul 2 at 2:06 am
Property Features for 231 WHITE HORSE Pike
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking
- 2
- Parking features
- Parking Lot, Garage - Detached
- Standard status
- Active
- Size
- 1,654 SF
- Lot size
- 0.17 Acres
Taxes and HOA fees
- Tax Annual Amount
- 7092
Utilities
- Heating system
- Forced Air
Building Details
- Year built
- 1935
- Number of units
- 1
- Building materials
- Frame
Listing agent Daniel J Mauz License #0559622 (856) 302-4003
Listing office Keller Williams Realty - Washington Township 381 Egg Harbor Road unit: 2, Sewell, NJ (856) 582-1200
Listing date Jul 1, 2026
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.
HighLights
- Duplex with two 1‑bedroom units
- Both units are currently rented
- Large detached garage plus parking lot parking
- Detached garage and frame construction; forced‑air heating
- Year built: 1935
Overview
Located in Clementon, New Jersey, the home is described as being near shopping, dining, and major roadways, supporting convenient day-to-day access for residents and visitors.
For investors seeking an occupied, two-unit residential income property, this setup provides two distinct one-bedroom tenancies within a single duplex structure. The detached garage adds supplemental on-site storage or parking utility for residents. The listing also indicates the property is part of an investment portfolio that includes multiple additional addresses, which may appeal to buyers evaluating a broader acquisition plan.
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 | $28.4k | $17.16 |
| − Vacancy | −$1.5k | −$0.91 |
| EGI | $26.9k | $16.25 |
| − OpEx | −$8.1k | −$4.87 |
| NOI | $18.8k | $11.37 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Clementon
- County
- Camden
- State
- New Jersey
- Longitude
- -74.97581482
- Latitude
- 39.80884171
