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    Pensauken Multifamily Income Property Title is generated by Realmo AI

    3516 FINLAW Avenue, Pennsauken, NJ 08109

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    New
    For Sale
    $425,000

    MULTI_FAMILY - Other - PENNSAUKEN, NJ

    Property size:
    2,100 SF
    Lot size:
    0.17 Acres
    Price / SF:
    $202/SF
    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

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    Contact an agent
    John Michael DeFeo Jr.

    Listing agent John Michael DeFeo Jr. License #2297088

    Listing office Fathom Realty NJ, LLC 365 Harding Highway, Pittsgrove, NJ

    Listing date Jun 27, 2026

    MLS# NJCD2120928 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

    • 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

    This multifamily property at 3516 Finlaw Avenue in Pennsauken is configured to support multiple households within one building. The first-floor unit includes three bedrooms and one full bathroom, with dedicated living and dining areas and a full kitchen. The finished lower level adds additional flexibility, featuring an extra bedroom, a full bathroom, another living space, and a fully functional kitchen.

    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
    2,100 SF · lease $17.16/SF/yr · vacancy 5.32% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $341.2K
    $298.5K – $398.1K (±1% cap)
    NOI $23,883 @ 7.0% cap · market cap 5.62%
    Second Best
    Apartment 5plus
    $304.7K
    $266.6K – $355.5K (±1% cap)
    NOI $21,327 @ 7.0% cap · market cap 5.02%
    Theoretical Best
    Office A
    $532.5K
    $465.9K – $621.2K (±1% cap)
    NOI $37,273 @ 7.0% cap · market cap 8.77%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Pennsauken
    County
    Camden
    State
    New Jersey
    Longitude
    -75.0348816
    Latitude
    39.9569283

    FAQs

    What type of property is this?
    Duplex - Three-unit multifamily layout with multiple living spaces, kitchens, and full bathrooms, plus a backyard and detached shed.
    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: 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
    More about this property
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