Mixed-Use Multi-Family
2707 WESTFIELD Avenue Camden, NJ 08105
For Sale
$450,000
MULTI_FAMILY - Other - CAMDEN, NJ
Property Size2,000 SF
Lot Size0.05 Acres
Price / SF$225
Days on Market486
Property Features for 2707 WESTFIELD Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking features
On Street
Standard status
Active
Size
2,000 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Annual Amount
6577
Utilities
Heating system
Baseboard, Electric (Heating)
Cooling system
Window Unit(s)
Building Details
Year built
1900
Number of units
4
Building materials
Brick
Architectural style
Other
Listing Agency:
Keller Williams - Main Street
(856) 858-2200
Listed By:
Patrick M Gorman · License #340986
(856) 200-8320
Added: Mar 31, 2025
Changed: Jul 13
Last Checked: Jul 29 at 8:06AM
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.
Investment Insights
Based on property information with market context.
This mixed-use property includes a commercial space and two residential buildings offered as a package option. The retail space at 2707 Westfield is currently vacant and was last occupied by a vape shop. 2707 also includes three 1-bedroom, 1-bath apartments, all of which are currently rented.
At 2709 Westfield, the property offers four 1-bedroom, 1-bath apartments, with three currently occupied. Unit D provides basement access, and the property includes a small fenced backyard.
Located in Camden, NJ 08105, the listing notes that the next proposed group showing (not an open house) will be TBD, and a showing for 7/8 has been cancelled.
At 2709 Westfield, the property offers four 1-bedroom, 1-bath apartments, with three currently occupied. Unit D provides basement access, and the property includes a small fenced backyard.
Located in Camden, NJ 08105, the listing notes that the next proposed group showing (not an open house) will be TBD, and a showing for 7/8 has been cancelled.
Key Highlights
- Mixed‑use property on Westfield Ave with commercial space plus multiple 1BD/1BTH apartments
- 2707 Westfield includes a commercial space (currently vacant; last occupied by a vape shop) and three rented 1BD/1BTH apartments
- 2709 Westfield offers four 1BD/1BTH apartments, with three currently occupied
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 | $34.3k | $17.16 |
| − Vacancy | −$1.8k | −$0.91 |
| EGI | $32.5k | $16.25 |
| − OpEx | −$9.7k | −$4.87 |
| NOI | $22.7k | $11.37 |
2,000 SF · lease $17.16/SF/yr · vacancy 5.32% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$324.9K
$284.3K – $379.1K
NOI $22,746 @ 7.0% cap · market cap 5.05%
Second Best
Apartment 5plus
$290.2K
$253.9K – $338.5K
NOI $20,311 @ 7.0% cap · market cap 4.51%
Theoretical Best
Office A
$507.1K
$443.7K – $591.6K
NOI $35,498 @ 7.0% cap · market cap 7.89%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Quadplex - Mixed-use building with a vacant retail space and multiple 1-bedroom apartments, including basement access for Unit D.
Where is this quadplex located?
The property is located at 2707 WESTFIELD Avenue Camden, NJ.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Mixed‑use property on Westfield Ave with commercial space plus multiple 1BD/1BTH apartments; 2707 Westfield includes a commercial space (currently vacant; last occupied by a vape shop) and three rented 1BD/1BTH apartments; 2709 Westfield offers four 1BD/1BTH apartments, with three currently occupied
