Duplex with Finished
For Sale
$425,000
3516 FINLAW Avenue, Pennsauken, NJ 08109
Multi-Family, PENNSAUKEN, NJ
Property Size2,400 SF
Lot Size0.17 Acres
Price / SF$177.08
Days on Market56
Property Features for 3516 FINLAW Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Rooms
Basement
Parking features
Driveway, On Street
Subdivision
NONE AVAILABLE
Elementary school district
PENNSAUKEN TOWNSHIP PUBLIC SCHOOLS
Middle school district
PENNSAUKEN TOWNSHIP PUBLIC SCHOOLS
High school district
PENNSAUKEN TOWNSHIP PUBLIC SCHOOLS
Standard status
Active
Size
2,400 SF
Lot size
0.17 Acres
Taxes and HOA fees
Tax Annual Amount
7347
Utilities
Heating system
Forced Air
Cooling system
Central Air
Building Details
Year built
1925
Number of units
2
Building materials
Brick
Architectural style
Other
Listing Agency:
Fathom Realty NJ, LLC
(856) 344-4663
Listed By:
John Michael DeFeo Jr. · License #2297088
(267) 307-5890
Added: Aug 12
Changed: Sep 28
Last Checked: Oct 6 at 11:06AM
MLS# NJCD2124648
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 brick duplex contains 2,400 square feet on a 0.1722-acre lot. The first-floor living area has three bedrooms, a kitchen, and a full bathroom; it has also been recently updated. Upstairs, a separate one-bedroom area includes its own kitchen, living space, and full bathroom. The finished basement adds two rooms, another kitchen and full bathroom, and a separate living area.
Forced-air heating, central air conditioning, and driveway and on-street parking are among the property’s additional features. Built in 1925, the residence brings together multiple kitchens, bathrooms, and living areas within one building.
Forced-air heating, central air conditioning, and driveway and on-street parking are among the property’s additional features. Built in 1925, the residence brings together multiple kitchens, bathrooms, and living areas within one building.
Key Highlights
- 2,400‑square‑foot brick duplex on a 0.1722‑acre lot
- Three kitchens and three full bathrooms
- First‑floor living area has three bedrooms and was recently updated
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,295
Cap Rate
6.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$545,900
$545.9K
Cap Rate 7%
$389,929
$389.9K
Cap Rate 9%
$303,278
$303.3K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$41.2K $17.16/SF
− Vacancy
−$2.2K −$0.91/SF
EGI
$39.0K $16.25/SF
− OpEx
−$11.7K −$4.87/SF
NOI
$27.3K $11.37/SF
Area
Camden County, NJ
Vacancy
5.32%
Lease Rate
$17.16 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$545,900
Cap Rate 7%
$389,929
Cap Rate 9%
$303,278
Alternative Uses
Best Use
Multifamily LT 5
$389.9K
$341.2K – $454.9K
NOI $27,295 @ 7.0% cap · market cap 6.42%
Second Best
Apartment 5plus
$348.2K
$304.7K – $406.2K
NOI $24,373 @ 7.0% cap · market cap 5.73%
Theoretical Best
Office A
$608.5K
$532.5K – $710.0K
NOI $42,597 @ 7.0% cap · market cap 10.02%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
426
Businesses Nearby
Explore this area
Business Placement
Demographics for 08109, NJ
23,306
Population
9,314
Households
2.5
Avg Household Size
41
Median Age
27%
College-Educated
86%
High-School Grad
4.8 sq mi
ZIP Area
4,855
Density / Sq Mi
$84,332
Median Household Income
$44,288
Median Earnings
$1,142
Median Rent
$227,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Three kitchens and three full bathrooms support the property’s multi-space residential layout.
Where is this duplex located?
The property is located at 3516 FINLAW Avenue Pennsauken, NJ.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: 2,400‑square‑foot brick duplex on a 0.1722‑acre lot; Three kitchens and three full bathrooms; First‑floor living area has three bedrooms and was recently updated
