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    Two-Structure Residential Income Property Title is generated by Realmo AI

    312 E ARBOR Avenue, Landisville, NJ 08326

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    Claim this Listing
    For Sale
    Under Contract
    $200,000

    MULTI_FAMILY - LANDISVILLE, NJ

    Property size:
    1,600 SF
    Lot size:
    0.50 Acres
    Price / SF:
    $125/SF
    Added:
    Apr 9, 2026
    Days on Market:
    73
    Last Refresh:
    Jun 20 at 9:06 pm

    Property Features for 312 E ARBOR Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Rooms
    Basement
    Parking features
    Driveway
    Standard status
    Active Under Contract
    Size
    1,600 SF
    Lot size
    0.50 Acres

    Taxes and HOA fees

    Tax Annual Amount
    4800

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1950
    Number of units
    2

    We can help!

    Listing Contact
    Carlo Drogo Sr.

    Listing agent Carlo Drogo Sr. License #1756500

    Listing office EXP Realty, LLC 28 Valley Road unit: 1, Montclair, NJ

    Listing date Apr 9, 2026

    MLS# NJAC2023556 Listing URL

    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

    • Heating: forced air; cooling: central air
    • Parking available via driveway
    • Two separate structures on the property: main residence plus a secondary storage building
    • Basement included
    • Year built: 1950

    Overview

    This property consists of two separate structures on a residential lot. The main residence is approximately 1,600 square feet and appears to require cosmetic updates based on the provided photos. A secondary building is also on-site and was previously utilized for storage, offering a different building to repurpose for future use, subject to applicable requirements.

    The home is located at 312 E Arbor Avenue in Landisville, New Jersey, within a recently completed subdivision. The listing is being offered for sale and is currently available for showings.

    The two-building layout can be appealing to investors, contractors, or owner-occupants looking for a renovation project with more than one structure to consider. The main residence may be best suited for buyers who plan to update the interior and finishes, while the secondary building could provide practical overflow space depending on how the buyer intends to use it. Showings are available for qualified parties who want to evaluate the condition and options in person.

    Local Financial Insights For Apartment 5plus

    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 $30.9k $19.32
    − Vacancy −$1.8k −$1.12
    EGI $29.1k $18.20
    − OpEx −$13.1k −$8.19
    NOI $16.0k $10.01
    1,600 SF · lease $19.32/SF/yr · vacancy 5.80% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $228.8K
    $200.2K – $266.9K (±1% cap)
    NOI $16,016 @ 7.0% cap · market cap 8.01%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Warehouse
    $595.8K
    $521.4K – $695.1K (±1% cap)
    NOI $41,708 @ 7.0% cap · market cap 20.85%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Landisville
    County
    Atlantic
    State
    New Jersey
    Longitude
    -74.93566424
    Latitude
    39.5287954

    FAQs

    What type of property is this?
    Single family property - Two separate structures offer flexibility for income potential and contractor/buyer renovation plans.
    Where is this single family property located?
    The property is located at 312 E ARBOR Avenue Landisville, NJ.
    What is the asking price?
    The asking price for this property is $200,000.
    What are key features of this property?
    This property features: Heating: forced air; cooling: central air; Parking available via driveway; Two separate structures on the property: main residence plus a secondary storage building
    More about this property
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