29 S MAIN Street, Glassboro, NJ 08028
MULTI_FAMILY - Colonial, Victorian - GLASSBORO, NJ
- Added:
- Dec 15, 2025
- Days on Market:
- 180
- Last Refresh:
- Jun 13 at 9:06 pm
Property Features for 29 S MAIN Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking
- 10
- Parking features
- Off Street, Driveway, Parking Lot
- Interior features
- Floor Plan - Traditional, Kitchen - Eat-In
- Standard status
- Active
- Size
- 2,219 SF
- Lot size
- 0.19 Acres
Taxes and HOA fees
- Tax Annual Amount
- 6615
Utilities
- Heating system
- Forced Air
- Cooling system
- Window Unit(s)
Building Details
- Year built
- 1898
- Number of units
- 3
- Building materials
- Frame, Vinyl Siding
- Architectural style
- Colonial, Victorian
Listing agent Albert Guerrini License #2562763 (856) 725-5275
Listing office RE/MAX Regency Realty 1020 Old York Road, Abington, NJ (215) 517-8800
Listing date Dec 15, 2025
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.
HighLights
- Triplex built in 1898 with Colonial/Victorian architectural style and frame construction
- 3 units: two 2‑bedroom units and one 1‑bedroom unit, all with separate entrances
- All 3 units were renovated within the past 3 years and are fully rented with yearly leases
- Kitchen eat‑in and traditional floor plan features
- Heating and cooling include forced air heat and window unit(s)
- Parking includes a parking lot plus driveway and off‑street spaces
Overview
Located at 29 S Main Street in Glassboro, the property is described as being very close to Rowan University, with an easy walk to both downtown and campus. Off-street parking is available, with the remarks noting an abundance of parking for residents.
For investors or owner-occupants, the unit mix provides flexibility, with larger layouts in two units alongside a smaller one-bedroom option. Separate entrances and separate utilities are practical for tenant turnover and day-to-day management. With all three units reported to be fully rented on yearly leases, the property is positioned as an income-oriented residential asset within the Rowan University area.
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 | $43.9k | $19.80 |
| − Vacancy | −$2.3k | −$1.03 |
| EGI | $41.7k | $18.77 |
| − OpEx | −$12.5k | −$5.63 |
| NOI | $29.2k | $13.14 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Glassboro
- County
- Gloucester
- State
- New Jersey
- Longitude
- -75.11264801
- Latitude
- 39.70146942
