Renovated Quadplex with Victorian
For Sale
$949,900
266 S White Horse Pike, Audubon, NJ 08106
Four updated residences offer private entries, varied layouts, dedicated laundry, and parking on a fenced corner parcel.
Property Size4,000 SF
Lot Size0.41 Acres
Price / SF$237.48
Days on Market64
Property Features for 266 S White Horse Pike
General Information
Standard status
Active
Size
4,000 SF
Lot size
0.41 Acres
Property subtype
Multi-family
Lease Term
[]
Additional Details
Average Monthly Rent
$1,800
Multifamily Units
4
Amenities
stone fire pit
fenced yard
in-unit laundry
skylights
walk-in closets
kitchen islands
independent thermostats
Building Details
Year Built
1900
Construction
Victorian
Listing Agency:
Agent06 LLC
Listed By:
Anthony Wilson
(609) 413-2057
Source:
Deepcreeklake
Added: Sep 2
Changed: Nov 3
Last Checked: Nov 3 at 6:17AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Agent06 LLC
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Investment Insights
Based on property information with market context.
This 4,000-square-foot quadplex, built in 1900, combines historic character with extensive renovations across four residences. The property occupies 0.41 acres and includes front and rear parking, perimeter fencing, landscaped lawn, and a stone fire pit. The front office has a powder room, beverage refrigerator, basement access, and existing plumbing and space for a kitchen. Units A and B feature single-level private entrances, skylights, walk-in closets, kitchen islands, in-unit laundry, and independent thermostats. Units C and D are reached through the front portion of the building; Unit D spans two levels and includes one bedroom, one and a half baths, a walk-in closet, an additional living area, and a bedroom positioned within the original Victorian tower.
Key Highlights
- Four‑residence quadplex on a 0.41‑acre fenced parcel
- 4,000 SF building constructed in 1900
- Front and rear parking, landscaped grounds, and stone fire pit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,492
Cap Rate
4.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$909,840
$909.8K
Cap Rate 7%
$649,886
$649.9K
Cap Rate 9%
$505,467
$505.5K
Market Conditions
NOI Build-Up for 4,000 SF
Gross rent
$68.6K $17.16/SF
− Vacancy
−$3.7K −$0.91/SF
EGI
$65.0K $16.25/SF
− OpEx
−$19.5K −$4.87/SF
NOI
$45.5K $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%
$909,840
Cap Rate 7%
$649,886
Cap Rate 9%
$505,467
Alternative Uses
Best Use
Multifamily LT 5
$649.9K
$568.7K – $758.2K
NOI $45,492 @ 7.0% cap · market cap 4.79%
Second Best
Apartment 5plus
$580.3K
$507.8K – $677.0K
NOI $40,622 @ 7.0% cap · market cap 4.28%
Theoretical Best
Office A
$1.01M
$887.4K – $1.18M
NOI $70,995 @ 7.0% cap · market cap 7.47%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
932
Businesses Nearby
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Business Placement
Demographics for 08106, NJ
9,698
Population
3,996
Households
2.4
Avg Household Size
43
Median Age
43%
College-Educated
96%
High-School Grad
1.6 sq mi
ZIP Area
6,061
Density / Sq Mi
$107,539
Median Household Income
$61,139
Median Earnings
$1,083
Median Rent
$286,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Quadplex - Four updated residences offer private entries, varied layouts, dedicated laundry, and parking on a fenced corner parcel.
Where is this quadplex located?
The property is located at 266 S White Horse Pike Audubon, NJ.
What is the asking price?
The asking price for this property is $949,900.
What are key features of this property?
This property features: Four‑residence quadplex on a 0.41‑acre fenced parcel; 4,000 SF building constructed in 1900; Front and rear parking, landscaped grounds, and stone fire pit
