Fully Occupied Duplex
For Sale
Under Contract
$380,000
25-27 GRANT, Swedesboro, NJ 08085
Multi-Family, SWEDESBORO, NJ
Property Size2,462 SF
Lot Size0.16 Acres
Price / SF$154.35
Days on Market83
Property Features for 25-27 GRANT
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Rooms
Basement
Parking
4
Parking features
Driveway
Appliances
Dryer, Microwave, Oven/Range - Gas, Washer, Refrigerator
Elementary school district
SWEDESBORO-WOOLWICH PUBLIC SCHOOLS
Middle school district
SWEDESBORO-WOOLWICH PUBLIC SCHOOLS
High school district
SWEDESBORO-WOOLWICH PUBLIC SCHOOLS
Standard status
Active Under Contract
Size
2,462 SF
Lot size
0.16 Acres
Taxes and HOA fees
Tax Annual Amount
8127
Utilities
Heating system
Forced Air
Cooling system
Central Air
Building Details
Year built
1930
Number of units
1
Building materials
Frame
Architectural style
Colonial
Listing Agency:
Keller Williams - Main Street
(856) 858-2200
Listed By:
Austin Nicholas Wuest · License #2559604
(856) 341-2695
Added: Jun 1
Changed: Aug 19
Last Checked: Aug 22 at 2:06AM
MLS# NJGL2073846
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 investment property includes two rental units and is currently fully occupied. The property is generating monthly rent of $1,250 for one unit and $1,900 for the other, with both tenants described as long-term. The units are maintained and presented in good condition.
The property is located at 25-27 Grant in Swedesboro, New Jersey 08085, in Gloucester County. Public remarks note HUD fair market rent in 08085 of $2,850 per month.
As a two-unit residential income property, it offers a straightforward duplex configuration with existing in-place occupancy.
The property is located at 25-27 Grant in Swedesboro, New Jersey 08085, in Gloucester County. Public remarks note HUD fair market rent in 08085 of $2,850 per month.
As a two-unit residential income property, it offers a straightforward duplex configuration with existing in-place occupancy.
Key Highlights
- Duplex built in 1930 in a colonial architectural style
- Currently fully occupied with long‑term tenants paying $1,250/month and $1,900/month
- Appliances included: washer, dryer, refrigerator, microwave, and gas oven/range
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$32,349
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.51%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$646,980
$647.0K
Cap Rate 7%
$462,129
$462.1K
Cap Rate 9%
$359,433
$359.4K
Market Conditions
NOI Build-Up for 2,462 SF
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.
Gross rent
$48.7K $19.80/SF
− Vacancy
−$2.5K −$1.03/SF
EGI
$46.2K $18.77/SF
− OpEx
−$13.9K −$5.63/SF
NOI
$32.3K $13.14/SF
Area
Gloucester County, NJ
Vacancy
5.20%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$646,980
Cap Rate 7%
$462,129
Cap Rate 9%
$359,433
Alternative Uses
Best Use
Multifamily LT 5
$462.1K
$404.4K – $539.2K
NOI $32,349 @ 7.0% cap · market cap 8.51%
Second Best
Apartment 5plus
$411.1K
$359.7K – $479.6K
NOI $28,777 @ 7.0% cap · market cap 7.57%
Theoretical Best
Office A
$827.6K
$724.1K – $965.5K
NOI $57,930 @ 7.0% cap · market cap 15.24%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
369
Businesses Nearby
Explore this area
Business Placement
Demographics for 08085, NJ
21,274
Population
7,424
Households
2.9
Avg Household Size
38
Median Age
46%
College-Educated
93%
High-School Grad
44.5 sq mi
ZIP Area
478
Density / Sq Mi
$137,028
Median Household Income
$62,121
Median Earnings
$1,856
Median Rent
$351,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit duplex in Swedesboro is currently fully occupied, with monthly rents of $1,250 and $1,900.
Where is this duplex located?
The property is located at 25-27 GRANT Swedesboro, NJ.
What is the asking price?
The asking price for this property is $380,000.
What are key features of this property?
This property features: Duplex built in 1930 in a colonial architectural style; Currently fully occupied with long‑term tenants paying $1,250/month and $1,900/month; Appliances included: washer, dryer, refrigerator, microwave, and gas oven/range
