Mixed-Use Building with
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 Market571
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
Taxes and HOA fees
Tax Annual Amount
6577
Utilities
Heating system
Baseboard, Electric (Heating)
Cooling system
Window Unit(s)
Amenities
fenced backyard
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: Oct 19
Last Checked: Oct 22 at 1:06AM
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.
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Investment Insights
Based on property information with market context.
At 2707 Westfield Avenue, the mixed-use property contains a commercial space and three one-bedroom, one-bathroom apartments. The commercial area is vacant; the apartments include two occupied units. A small fenced backyard is also on site.
The building dates to 1900 and has brick construction, electric baseboard heat, and window-unit cooling. On-street parking is available. The adjacent 2709 Westfield Avenue property, which has four one-bedroom, one-bathroom apartments, may be purchased separately or as part of a package.
The building dates to 1900 and has brick construction, electric baseboard heat, and window-unit cooling. On-street parking is available. The adjacent 2709 Westfield Avenue property, which has four one-bedroom, one-bathroom apartments, may be purchased separately or as part of a package.
Key Highlights
- Commercial space is vacant; the prior occupant was a vape shop
- Three 1BD/1BTH apartments at 2707 Westfield Avenue; two are rented
- Small fenced backyard
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
NOI $20,925 @ 7.0% cap · market cap 5.23%
Second Best
Apartment 5plus
$290.2K
$253.9K – $338.5K
NOI $20,311 @ 7.0% cap · market cap 5.08%
Theoretical Best
Office A
$507.1K
$443.7K – $591.6K
NOI $35,498 @ 7.0% cap · market cap 8.87%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
7
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
771
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - The building combines ground-floor commercial space with three one-bedroom apartments, two of which are occupied.
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: Commercial space is vacant; the prior occupant was a vape shop; Three 1BD/1BTH apartments at 2707 Westfield Avenue; two are rented; Small fenced backyard
