Traditional Multifamily
For Sale
$230,000
Pending
367 MARLTON AVENUE, Camden, NJ 08105
The property includes a full daylight basement, natural gas radiant heat and a gas water heater.
Property Size1,456 SF
Days on Market18
Property Features for 367 MARLTON AVENUE
General Information
Standard status
Pending
Size
1,456 SF
Property subtype
Residential Income
Zoning
RESIDENTIAL
Taxes and HOA fees
Annual Taxes
$3,078
Amenities
None, Electric
Natural Gas, Radiant
Daylight, Full
Gas Water Heater
On Street
Unit/Flat, Traditional
Building Details
Building Size
1,456 SF
Year Built
1942
Stories
2
Listing Agency:
MBR REALTY
Listed By:
Jhonny St Victor
(646) 245-5225
Source:
Evrealestate
Added: Sep 28
Changed: Oct 7
Last Checked: Oct 14 at 11:19PM
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 MBR REALTY
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1942, this 1,456-square-foot multifamily property has a traditional unit/flat configuration. Interior features include natural gas radiant heat, a full daylight basement and a gas water heater. On-street parking is listed for the property.
Key Highlights
- 1,456 square feet of multifamily space
- Built in 1942
- Full daylight basement
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,786
Cap Rate
6.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$295,720
$295.7K
Cap Rate 7%
$211,229
$211.2K
Cap Rate 9%
$164,289
$164.3K
Market Conditions
NOI Build-Up for 1,456 SF
Gross rent
$28.5K $19.56/SF
− Vacancy
−$1.6K −$1.10/SF
EGI
$26.9K $18.46/SF
− OpEx
−$12.1K −$8.31/SF
NOI
$14.8K $10.16/SF
Area
Camden County, NJ
Vacancy
5.60%
Lease Rate
$19.56 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$295,720
Cap Rate 7%
$211,229
Cap Rate 9%
$164,289
Alternative Uses
Best Use
Apartment 5plus
$211.2K
$184.8K – $246.4K
NOI $14,786 @ 7.0% cap · market cap 6.43%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$369.2K
$323.0K – $430.7K
NOI $25,842 @ 7.0% cap · market cap 11.24%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
776
Businesses Nearby
Explore this area
Business Placement
Demographics for 08105, NJ
26,572
Population
8,681
Households
3.1
Avg Household Size
31
Median Age
8%
College-Educated
63%
High-School Grad
2.6 sq mi
ZIP Area
10,220
Density / Sq Mi
$48,319
Median Household Income
$31,173
Median Earnings
$1,215
Median Rent
$113,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Multifamily property - The property includes a full daylight basement, natural gas radiant heat and a gas water heater.
Where is this multifamily property located?
The property is located at 367 MARLTON AVENUE Camden, NJ.
What is the asking price?
The asking price for this property is $230,000.
What are key features of this property?
This property features: 1,456 square feet of multifamily space; Built in 1942; Full daylight basement
