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Mixed-Use Property with Apartments
For Sale
$400,000

2707 WESTFIELD Avenue, Camden, NJ 08105

Multi-Family, CAMDEN, NJ

Property Size2,000 SF
Lot Size0.05 Acres
Price / SF$200
Days on Market576

Property Features for 2707 WESTFIELD Avenue

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Parking features On Street
Subdivision CRAMER HILL
Elementary school district CAMDEN CITY SCHOOLS
Middle school district CAMDEN CITY SCHOOLS
High school district CAMDEN CITY SCHOOLS
Standard status Active
Size 2,000 SF
Lot size 0.05 Acres

Additional Details

Tenant in Place Yes
Mixed-Use Components retail, residential

Taxes and HOA fees

Tax Annual Amount 6577

Utilities

Heating system Electric (Heating), Baseboard
Cooling system Window Unit(s)

Amenities

fenced backyard

Building Details

Year built 1900
Number of units 4
Building materials Brick
Architectural style Other
Buildings 2
Listing Agency: Keller Williams - Main Street
Listed By: Patrick M Gorman · License #340986
Added: Mar 31, 2025 Changed: Oct 26 Last Checked: Oct 27 at 5:06PM
MLS# NJCD2088518

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.

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Investment Insights

Based on property information with market context.

At 2707 Westfield Avenue, the mixed-use property combines commercial space with three one-bedroom, one-bath apartments. The commercial suite is vacant; two apartments are rented. A small fenced backyard serves the property, and one apartment at the adjoining 2709 Westfield address has basement access.

The related 2709 Westfield property contains four one-bedroom, one-bath apartments, two of which are occupied. Both addresses are identified as available separately or together. The buildings are brick, date to 1900, and have electric baseboard heating and window-unit cooling.

Key Highlights

  • Three 1BD/1BTH apartments at 2707 Westfield; two are rented
  • Vacant commercial space, last used by a vape shop
  • Four 1BD/1BTH apartments at 2709 Westfield; two are occupied

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$20,925
Cap Rate
5.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$418,500 $418.5K
Cap Rate 7%
$298,929 $298.9K
Cap Rate 9%
$232,500 $232.5K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$36.0K $18.00/SF
− Vacancy
−$2.5K −$1.26/SF
EGI
$33.5K $16.74/SF
− OpEx
−$12.6K −$6.28/SF
NOI
$20.9K $10.46/SF
Area
Camden County, NJ
Vacancy
7.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$418,500
Cap Rate 7%
$298,929
Cap Rate 9%
$232,500

Alternative Uses

Best Use
Mixed Use
$298.9K
$261.6K – $348.8K (±1% cap)
NOI $20,925 @ 7.0% cap · market cap 5.23%
Second Best
Apartment 5plus
$290.2K
$253.9K – $338.5K (±1% cap)
NOI $20,311 @ 7.0% cap · market cap 5.08%
Theoretical Best
Office A
$507.1K
$443.7K – $591.6K (±1% cap)
NOI $35,498 @ 7.0% cap · market cap 8.87%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Jackson Hewitt Tax ... Accounting Firm Sycamore Consulting Business Management Consultant

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Parking Lot & Garage HVAC Service Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

771
Businesses Nearby

Demographics for 08105, NJ

26,572
Population
8,681
Households
3.1
Avg Household Size
31
Median Age
8%
College-Educated
63%
High-School Grad
2.6 sq mi
ZIP Area
10,220
Density / Sq Mi
$48,319
Median Household Income
$31,173
Median Earnings
$1,215
Median Rent
$113,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Includes a vacant commercial suite, seven one-bedroom apartments, and a fenced backyard.
Where is this mixed-use property located?
The property is located at 2707 WESTFIELD Avenue Camden, NJ.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Three 1BD/1BTH apartments at 2707 Westfield; two are rented; Vacant commercial space, last used by a vape shop; Four 1BD/1BTH apartments at 2709 Westfield; two are occupied
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