2707 WESTFIELD Avenue Camden, NJ 08105
MULTI_FAMILY - Other - CAMDEN, NJ
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 agent Patrick M Gorman License #340986 (856) 200-8320
Listing office Keller Williams - Main Street 983 Haddon Avenue, Collingswood or Haddon Heights, NJ (856) 858-2200
Listing date Mar 31, 2025
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.
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
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 | $34.3k | $17.16 |
| − Vacancy | −$1.8k | −$0.91 |
| EGI | $32.5k | $16.25 |
| − OpEx | −$9.7k | −$4.87 |
| NOI | $22.7k | $11.37 |
