Mixed-Use Property with
For Sale
$400,000
2709 WESTFIELD Avenue, Camden, NJ 08105
Multi-Family, CAMDEN, NJ
Property Size2,400 SF
Lot Size0.05 Acres
Price / SF$166.67
Days on Market574
Property Features for 2709 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
2,400 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Annual Amount
4553
Utilities
Heating system
Electric (Heating), Baseboard
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 25 at 11:06AM
MLS# NJCD2088528
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.
This mixed-use property spans 2707 and 2709 Westfield Avenue and includes seven one-bedroom, one-bathroom apartments along with a commercial space. The 2,400-square-foot property was built in 1900 and has brick construction, electric baseboard heat, and a small fenced backyard. Unit D at 2709 provides basement access.
At 2709, two of four apartments are occupied. At 2707, two of three apartments are rented, while the commercial space is vacant; its previous occupant was a vape shop. On-street parking is available. The properties may be acquired separately or together.
At 2709, two of four apartments are occupied. At 2707, two of three apartments are rented, while the commercial space is vacant; its previous occupant was a vape shop. On-street parking is available. The properties may be acquired separately or together.
Key Highlights
- Seven 1‑bedroom, 1‑bathroom apartments across 2707 and 2709 Westfield Avenue
- 2,400 square feet; built in 1900 with brick construction
- Commercial space at 2707 is vacant; last occupied by a vape shop
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,295
Cap Rate
6.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$545,900
$545.9K
Cap Rate 7%
$389,929
$389.9K
Cap Rate 9%
$303,278
$303.3K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$41.2K $17.16/SF
− Vacancy
−$2.2K −$0.91/SF
EGI
$39.0K $16.25/SF
− OpEx
−$11.7K −$4.87/SF
NOI
$27.3K $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%
$545,900
Cap Rate 7%
$389,929
Cap Rate 9%
$303,278
Alternative Uses
Best Use
Multifamily LT 5
$389.9K
$341.2K – $454.9K
NOI $27,295 @ 7.0% cap · market cap 6.82%
Second Best
Mixed Use
$358.7K
$313.9K – $418.5K
NOI $25,110 @ 7.0% cap · market cap 6.28%
Theoretical Best
Office A
$608.5K
$532.5K – $710.0K
NOI $42,597 @ 7.0% cap · market cap 10.65%
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 - Two connected addresses offer seven one-bedroom apartments and a separate commercial space.
Where is this mixed-use property located?
The property is located at 2709 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: Seven 1‑bedroom, 1‑bathroom apartments across 2707 and 2709 Westfield Avenue; 2,400 square feet; built in 1900 with brick construction; Commercial space at 2707 is vacant; last occupied by a vape shop
