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Frame Duplex with Basement
New
For Sale
$250,000

341 N PEARL Street, Bridgeton, NJ 08302

MULTI_FAMILY - Other - BRIDGETON, NJ

Property Size1,516 SF
Lot Size0.08 Acres
Price / SF$164.91
Days on Market2

Property Features for 341 N PEARL Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Rooms Basement
Parking features On Street
Elementary school district BRIDGETON PUBLIC SCHOOLS
Middle school district BRIDGETON PUBLIC SCHOOLS
High school district BRIDGETON PUBLIC SCHOOLS
Standard status Active
Size 1,516 SF
Lot size 0.08 Acres

Taxes and HOA fees

Tax Annual Amount 2564

Utilities

Heating system Hot Water(Heating)
Cooling system Ceiling Fan(s)

Building Details

Year built 1900
Number of units 1
Building materials Frame
Architectural style Other
Listing Agency: Keller Williams Prime Realty · Keller Williams Realty
Listed By: Joseph Battaglia · License #2336899
Added: Aug 4 Last Checked: Aug 5 at 10:06PM
MLS# NJCB2032094

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.

Investment Insights

Based on property information with market context.

This duplex at 341 N Pearl Street in Bridgeton, New Jersey, provides 1,516 square feet of residential space on a 0.0786-acre lot. Built in 1900, the frame property includes a basement, hot-water heating, ceiling fans, and on-street parking. The duplex configuration supports separate residential occupancy, with both current tenancies structured on a month-to-month basis.

The property is located in Bridgeton, within Cumberland County and ZIP Code 08302. Its existing improvements and two-unit layout provide a straightforward residential income property profile, while the basement and on-street parking add functional elements to the building’s configuration.

Key Highlights

  • Duplex with 1,516 square feet of property size
  • 0.0786‑acre lot in Bridgeton, NJ 08302
  • Frame construction dating to 1900

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 $30.0k $19.80
− Vacancy −$1.9k −$1.22
EGI $28.2k $18.58
− OpEx −$8.4k −$5.57
NOI $19.7k $13.00
1,516 SF · lease $19.80/SF/yr · vacancy 6.17% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$281.6K
$246.4K – $328.6K (±1% cap)
NOI $19,715 @ 7.0% cap · market cap 7.89%
Second Best
Apartment 5plus
$259.3K
$226.9K – $302.5K (±1% cap)
NOI $18,149 @ 7.0% cap · market cap 7.26%
Theoretical Best
Office A
$2.28M
$1.99M – $2.66M (±1% cap)
NOI $159,340 @ 7.0% cap · market cap 63.74%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage (Bike/Boat/Book/etc) Store Electrical Service Catering Service Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

983
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit residential property with hot-water heating, ceiling fans, and on-street parking.
Where is this duplex located?
The property is located at 341 N PEARL Street Bridgeton, NJ.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Duplex with 1,516 square feet of property size; 0.0786‑acre lot in Bridgeton, NJ 08302; Frame construction dating to 1900
More about this property
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