Mixed-Use Investment with
2709 WESTFIELD Avenue Camden, NJ 08105
For Sale
$450,000
MULTI_FAMILY - Other - CAMDEN, NJ
Property Size2,400 SF
Lot Size0.05 Acres
Price / SF$187.50
Days on Market482
Property Features for 2709 WESTFIELD Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- On Street
- Standard status
- Active
- Size
- 2,400 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Annual Amount
- 4553
Utilities
- Heating system
- Baseboard, Electric (Heating)
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 9
Last Checked: Jul 25 at 3:06PM
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.
Investment Insights
Based on property information with market context.
This mixed-use investment includes two separate properties at 2709 Westfield Avenue and 2707 Westfield Avenue in Camden, NJ. 2709 Westfield features four 1BD/1BTH apartments, with three currently occupied. Unit D is described as having basement access. 2707 Westfield includes a commercial space that is currently vacant; it was last occupied by a vape shop. The same building also includes three 1BD/1BTH apartments, all currently rented. Both buildings are described as offering a small fenced backyard.
The seller notes that the properties can be purchased separately or as a package. A proposed group showing is listed as TBD, and the showing scheduled for 7/8 has been cancelled.
The seller notes that the properties can be purchased separately or as a package. A proposed group showing is listed as TBD, and the showing scheduled for 7/8 has been cancelled.
Key Highlights
- Mixed‑use portfolio on Westfield St in the Cramer Hill area of Camden: 2709 Westfield plus 2707 Westfield
- 2709 Westfield: four 1BD/1BTH apartments; three currently occupied, with Unit D providing basement access
- 2707 Westfield: commercial space currently vacant (last occupied by a vape shop)
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 | $41.2k | $17.16 |
| − Vacancy | −$2.2k | −$0.91 |
| EGI | $39.0k | $16.25 |
| − OpEx | −$11.7k | −$4.87 |
| NOI | $27.3k | $11.37 |
2,400 SF · lease $17.16/SF/yr · vacancy 5.32% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$389.9K
$341.2K – $454.9K
NOI $27,295 @ 7.0% cap · market cap 6.07%
Second Best
Apartment 5plus
$348.2K
$304.7K – $406.2K
NOI $24,373 @ 7.0% cap · market cap 5.42%
Theoretical Best
Office A
$608.5K
$532.5K – $710.0K
NOI $42,597 @ 7.0% cap · market cap 9.47%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
FAQs
What type of property is this?
Quadplex - Two connected offerings include four 1-bed units and a vacant retail space plus three rented apartments.
Where is this quadplex located?
The property is located at 2709 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 portfolio on Westfield St in the Cramer Hill area of Camden: 2709 Westfield plus 2707 Westfield; 2709 Westfield: four 1BD/1BTH apartments; three currently occupied, with Unit D providing basement access; 2707 Westfield: commercial space currently vacant (last occupied by a vape shop)
