Well-Maintained
For Sale
$389,900
380 FAIRVIEW AVENUE, Hammonton, NJ 08037
Well-maintained duplex in Hammonton with convenient access to major routes and NJ Transit rail service.
Property Size2,155 SF
Price / SF$180.93
Days on Market9
Property Features for 380 FAIRVIEW AVENUE
General Information
Standard status
Active
Size
2,155 SF
Property subtype
Duplex
Additional Details
Highway Access
Yes
Building Details
Year Built
1920
Buildings
1
Tenancy
Multi
Listing Agency:
Real Broker, LLC
(609) 858-4350
Listed By:
Jacqueline Acevedo · License #RS372398
(609) 858-4350
Source:
Cummingsrealtors
Added: Jul 27
Changed: Jul 30
Last Checked: Jul 31 at 5:03AM
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 Real Broker, LLC
Investment Insights
Based on property information with market context.
380 Fairview Avenue is a well-maintained duplex in Hammonton. Built in 1920, the property totals 2,155 SF and is configured as a two-unit residential income building. It can support a variety of ownership approaches, including buying for long-term rental income or occupying one unit while renting the other.
The property is in the heart of Hammonton and positioned near Route 30, the Atlantic City Expressway, and NJ Transit rail service. That combination can help provide convenient commuting options to Philadelphia, Atlantic City, and nearby South Jersey communities. The surrounding area includes parks, shopping centers, wineries, healthcare facilities, and Hammonton public schools.
For investors and owner-occupants seeking a duplex with established history and flexible living-and-renting potential, this Fairview Avenue property is presented as a turnkey option for a private showing.
The property is in the heart of Hammonton and positioned near Route 30, the Atlantic City Expressway, and NJ Transit rail service. That combination can help provide convenient commuting options to Philadelphia, Atlantic City, and nearby South Jersey communities. The surrounding area includes parks, shopping centers, wineries, healthcare facilities, and Hammonton public schools.
For investors and owner-occupants seeking a duplex with established history and flexible living-and-renting potential, this Fairview Avenue property is presented as a turnkey option for a private showing.
Key Highlights
- Duplex with two residential units at 380 Fairview Avenue
- Well‑maintained property
- Total size: 2,155 SF
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 | $37.5k | $17.40 |
| − Vacancy | −$2.4k | −$1.13 |
| EGI | $35.1k | $16.27 |
| − OpEx | −$10.5k | −$4.88 |
| NOI | $24.5k | $11.39 |
2,155 SF · lease $17.40/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$350.6K
$306.8K – $409.0K
NOI $24,542 @ 7.0% cap · market cap 6.29%
Second Best
Apartment 5plus
$308.2K
$269.6K – $359.5K
NOI $21,571 @ 7.0% cap · market cap 5.53%
Theoretical Best
Warehouse
$802.5K
$702.2K – $936.3K
NOI $56,176 @ 7.0% cap · market cap 14.41%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
288
Businesses Nearby
Explore this area
Business Placement
Demographics for 08037, NJ
23,814
Population
9,682
Households
2.5
Avg Household Size
44
Median Age
29%
College-Educated
90%
High-School Grad
122.5 sq mi
ZIP Area
194
Density / Sq Mi
$83,762
Median Household Income
$40,668
Median Earnings
$1,297
Median Rent
$307,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Well-maintained duplex in Hammonton with convenient access to major routes and NJ Transit rail service.
Where is this duplex located?
The property is located at 380 FAIRVIEW AVENUE Hammonton, NJ.
What is the asking price?
The asking price for this property is $389,900.
What are key features of this property?
This property features: Duplex with two residential units at 380 Fairview Avenue; Well‑maintained property; Total size: 2,155 SF
