Two-Unit Duplex with
For Sale
$235,000
288 SOUTH AVENUE, Bridgeton, NJ 08302
Two-bedroom units offer separate electric service, one vacant unit, and outdoor storage on an oversized lot.
Property Size1,920 SF
Price / SF$122.40
Days on Market27
Property Features for 288 SOUTH AVENUE
General Information
Standard status
Active
Size
1,920 SF
Property subtype
Duplex
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Additional Details
Gross Income
$15,900
Amenities
off-street parking
storage shed
Building Details
Year Built
1900
Listing Agency:
DePalma Realty
(856) 825-5500
Listed By:
Michael DePalma · License #1328898
(609) 501-4162
Source:
Cummingsrealtors
Added: Sep 10
Changed: Oct 6
Last Checked: Oct 5 at 7:04PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of DePalma Realty
Investment Insights
Based on property information with market context.
This 1,920-square-foot duplex at 288 South Avenue contains two apartments, each with two bedrooms and one bathroom. One unit is occupied, while the second is vacant, giving the next owner immediate flexibility in how the property is used. Separate electric utilities and individual electric water heaters serve the units independently.
The property sits on an oversized lot with substantial off-street parking and a storage shed. Built in 1900, the building offers a two-unit residential income configuration with an existing occupant and an available apartment. Projected performance is stated at a cap rate exceeding 11%, subject to actual rents, expenses, occupancy, management, maintenance, and other operating costs.
The property sits on an oversized lot with substantial off-street parking and a storage shed. Built in 1900, the building offers a two-unit residential income configuration with an existing occupant and an available apartment. Projected performance is stated at a cap rate exceeding 11%, subject to actual rents, expenses, occupancy, management, maintenance, and other operating costs.
Key Highlights
- Two 2‑bedroom, 1‑bathroom units in a 1,920‑square‑foot duplex
- One unit occupied and the other vacant
- Separate electric utilities and electric hot water heaters for each unit
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
70
Businesses Nearby
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Demographics for 08302, NJ
47,826
Population
16,038
Households
3
Avg Household Size
36
Median Age
13%
College-Educated
77%
High-School Grad
142.6 sq mi
ZIP Area
335
Density / Sq Mi
$60,301
Median Household Income
$34,137
Median Earnings
$1,351
Median Rent
$202,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Two-bedroom units offer separate electric service, one vacant unit, and outdoor storage on an oversized lot.
Where is this duplex located?
The property is located at 288 SOUTH AVENUE Bridgeton, NJ.
What is the asking price?
The asking price for this property is $235,000.
What are key features of this property?
This property features: Two 2‑bedroom, 1‑bathroom units in a 1,920‑square‑foot duplex; One unit occupied and the other vacant; Separate electric utilities and electric hot water heaters for each unit
