3516 FINLAW Avenue, Pennsauken, NJ 08109
MULTI_FAMILY - Other - PENNSAUKEN, NJ
- Added:
- Jun 27, 2026
- Days on Market:
- 1
- Last Refresh:
- Jun 27 at 3:06 pm
Property Features for 3516 FINLAW Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking features
- On Street
- Interior features
- 2nd Kitchen, Bathroom - Walk-In Shower, Bathroom - Tub Shower, Built-Ins, Ceiling Fan(s), Entry Level Bedroom, Kitchen - Eat-In, Primary Bath(s), Recessed Lighting, Skylight(s)
- Standard status
- Active
- Size
- 2,100 SF
- Lot size
- 0.17 Acres
Taxes and HOA fees
- Tax Annual Amount
- 7247
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 agent John Michael DeFeo Jr. License #2297088 (267) 307-5890
Listing office Fathom Realty NJ, LLC 365 Harding Highway, Pittsgrove, NJ (888) 455-6040
Listing date Jun 27, 2026
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
- Brick multifamily home built in 1925 with 3 separate living areas
- First‑floor unit: 3 bedrooms, 1 full bath, dedicated living room, dining room, and full kitchen
- Finished lower level adds an additional bedroom, 1 full bath, living space, and a fully functional kitchen
- Second‑floor unit: 1 bedroom, 1 full bath, full kitchen, living area, plus a bonus room usable as a 2nd bedroom/office/flex space
- 3 full bathrooms and 3 fully functional kitchens total
- Central air and forced‑air heating; on‑street parking, plus a detached shed and spacious backyard
Overview
The second-floor unit provides one bedroom and one full bathroom, along with a full kitchen and living area plus a bonus room that can be used as a second bedroom, office, nursery, or other flex space. Across the home, there are three fully functional kitchens, three full bathrooms, and three separate living spaces.
Outside, the property includes a spacious backyard and a large detached shed that can be used for storage, workshop space, or hobbies. This layout can suit owner-occupants seeking extra rental income and privacy, as well as investors looking for a multifamily configuration with multiple self-contained living areas. The home sits on a lot of 0.1722 acres.
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 | $36.0k | $17.16 |
| − Vacancy | −$1.9k | −$0.91 |
| EGI | $34.1k | $16.25 |
| − OpEx | −$10.2k | −$4.87 |
| NOI | $23.9k | $11.37 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Pennsauken
- County
- Camden
- State
- New Jersey
- Longitude
- -75.0348816
- Latitude
- 39.9569283