Fenced Duplex with Two
29 Lane Gloucester City Nj 08030 Gloucester City, NJ 08030
29 Lane Gloucester City Nj 08030, Gloucester City, NJ, 08030
$329,900
For Sale
$329,900
Duplex offers owner-occupant or investment flexibility with current month-to-month tenants and a fully fenced lot.
Property Size2,232 SF
Lot Size0.16 Acres
Price / SF$147.80
Days on Market78
Property Features for 29 Lane Gloucester City Nj 08030
General Information
- Standard status
- Active
- Size
- 2,232 SF
- Lot size
- 0.16 Acres
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1930
Listing agency
KingsGate Realty LLC
(856) 931-1200
Listed by
TammyLee Kennedy · License #0900583
(856) 931-1200
Source
Compass
Added: May 7 Updated: Jul 22 at 7:01AM Checked: Jul 22 at 7:01AM
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 KingsGate Realty LLC
Investment Insights
Based on property information with market context.
This duplex includes a main-floor residence and an upper level currently occupied by long-term tenants on a month-to-month lease. The property is being sold strictly as-is, with the seller making no repairs or offering repair credits.
The home sits on a fenced lot measuring 68 by 100, with a three-car driveway plus street parking available. The property’s layout and surroundings are best evaluated in person.
According to the current arrangement, the upstairs tenant works nights, so showings may require coordination for suitable access time.
The home sits on a fenced lot measuring 68 by 100, with a three-car driveway plus street parking available. The property’s layout and surroundings are best evaluated in person.
According to the current arrangement, the upstairs tenant works nights, so showings may require coordination for suitable access time.
Key Highlights
- Duplex with owner‑occupant or investment flexibility, with current month‑to‑month tenants
- Built in 1930, with the owners living on the main floor and long‑term tenants on the upper level
- Fully fenced 68 ft x 100 ft lot with a three‑car driveway plus street parking
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 | $38.3k | $17.16 |
| − Vacancy | −$2.0k | −$0.91 |
| EGI | $36.3k | $16.25 |
| − OpEx | −$10.9k | −$4.87 |
| NOI | $25.4k | $11.37 |
2,232 SF · lease $17.16/SF/yr · vacancy 5.32% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$362.6K
$317.3K – $423.1K
NOI $25,384 @ 7.0% cap · market cap 7.69%
Second Best
Apartment 5plus
$323.8K
$283.3K – $377.8K
NOI $22,667 @ 7.0% cap · market cap 6.87%
Theoretical Best
Office A
$565.9K
$495.2K – $660.3K
NOI $39,615 @ 7.0% cap · market cap 12.01%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Duplex offers owner-occupant or investment flexibility with current month-to-month tenants and a fully fenced lot.
Where is this duplex located?
The property is located at 29 Lane Gloucester City Nj 08030 Gloucester City, NJ.
What is the asking price?
The asking price for this property is $329,900.
What are key features of this property?
This property features: Duplex with owner‑occupant or investment flexibility, with current month‑to‑month tenants; Built in 1930, with the owners living on the main floor and long‑term tenants on the upper level; Fully fenced 68 ft x 100 ft lot with a three‑car driveway plus street parking
