Two-Unit Duplex with Two-Bedroom
For Sale
$525,000
314 S CHURCH STREET, Moorestown, NJ 08057
Each residence includes a full bath, living room, and functional kitchen.
Property Size2,027 SF
Days on Market55
Property Features for 314 S CHURCH STREET
General Information
Standard status
Active
Size
2,027 SF
Property subtype
Duplex
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$7,615
Building Details
Building Size
2,027 SF
Year Built
1920
Listing Agency:
Keller Williams Realty - Moorestown
Listed By:
Samuel N Lepore · License #791411
(856) 297-6827
Source:
Patmckennarealtors
Added: Sep 12
Changed: Oct 31
Last Checked: Nov 4 at 11:04PM
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 Keller Williams Realty - Moorestown
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Investment Insights
Based on property information with market context.
This duplex contains two separate residences, each arranged with two bedrooms, one full bathroom, a living room, and a kitchen. The configuration provides distinct living spaces within one residential income property. Built in 1920, the asset offers an established physical presence for continued residential use.
The property is located at 314 S Church Street in Moorestown, New Jersey. Shopping, dining, parks, schools, and major roadways are all identified in the surrounding area, adding everyday convenience for occupants.
The property is located at 314 S Church Street in Moorestown, New Jersey. Shopping, dining, parks, schools, and major roadways are all identified in the surrounding area, adding everyday convenience for occupants.
Key Highlights
- Two‑unit duplex with two bedrooms and one full bath in each residence
- Separate living rooms and kitchens serve both units
- Built in 1920
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,048
Cap Rate
5.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$580,960
$581.0K
Cap Rate 7%
$414,971
$415.0K
Cap Rate 9%
$322,756
$322.8K
Market Conditions
NOI Build-Up for 2,027 SF
Gross rent
$43.8K $21.60/SF
− Vacancy
−$2.3K −$1.13/SF
EGI
$41.5K $20.47/SF
− OpEx
−$12.4K −$6.14/SF
NOI
$29.0K $14.33/SF
Area
Burlington County, NJ
Vacancy
5.22%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$580,960
Cap Rate 7%
$414,971
Cap Rate 9%
$322,756
Alternative Uses
Best Use
Multifamily LT 5
$415.0K
$363.1K – $484.1K
NOI $29,048 @ 7.0% cap · market cap 5.53%
Second Best
Apartment 5plus
$379.3K
$331.9K – $442.5K
NOI $26,549 @ 7.0% cap · market cap 5.06%
Theoretical Best
Warehouse
$4.24M
$3.71M – $4.95M
NOI $296,760 @ 7.0% cap · market cap 56.53%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
691
Businesses Nearby
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Business Placement
Demographics for 08057, NJ
21,691
Population
8,382
Households
2.6
Avg Household Size
44
Median Age
67%
College-Educated
96%
High-School Grad
15.3 sq mi
ZIP Area
1,418
Density / Sq Mi
$152,290
Median Household Income
$72,500
Median Earnings
$1,485
Median Rent
$626,400
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence includes a full bath, living room, and functional kitchen.
Where is this duplex located?
The property is located at 314 S CHURCH STREET Moorestown, NJ.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Two‑unit duplex with two bedrooms and one full bath in each residence; Separate living rooms and kitchens serve both units; Built in 1920
