Four-Unit Residential
New
For Sale
$695,000
401 CHAMPION AVENUE, Oaklyn, NJ 08107
Four occupied two-bedroom apartments provide a fully leased residential configuration.
Property Size3,600 SF
Price / SF$193.06
Days on Market3
Property Features for 401 CHAMPION AVENUE
General Information
Standard status
Active
Size
3,600 SF
Property subtype
Quadruplex
Occupancy
100%
Site & Location
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
4 x 2BD/1BA
Multifamily Units
4
Additional Details
Gross Income
$75,180
Tenant in Place
Yes
Building Details
Year Built
1940
Listing Agency:
Nationwide Homes Realty
(203) 482-0102
Listed By:
Yitzy Rosenbaum · License #2298035
(732) 575-9065
Source:
Cummingsrealtors
Added: Nov 2
Changed: Nov 4
Last Checked: Nov 4 at 1:32PM
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 Nationwide Homes Realty
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Investment Insights
Based on property information with market context.
This 3,600-square-foot residential property contains four apartments, each configured with two bedrooms and one bathroom. Built in 1940, the building has eight bedrooms and four bathrooms in total. All four units are occupied.
The property is in Oaklyn near the Collingswood border. Nearby destinations named in the listing include Collingswood shops, dining, a farmers market, and PATCO; Routes 130 and 38 and Philadelphia are also referenced for access.
The property is in Oaklyn near the Collingswood border. Nearby destinations named in the listing include Collingswood shops, dining, a farmers market, and PATCO; Routes 130 and 38 and Philadelphia are also referenced for access.
Key Highlights
- Four 2‑bedroom, 1‑bathroom apartments; 8 bedrooms and 4 bathrooms overall
- 3,600 square feet
- All four units occupied
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,943
Cap Rate
5.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$818,860
$818.9K
Cap Rate 7%
$584,900
$584.9K
Cap Rate 9%
$454,922
$454.9K
Market Conditions
NOI Build-Up for 3,600 SF
Gross rent
$61.8K $17.16/SF
− Vacancy
−$3.3K −$0.91/SF
EGI
$58.5K $16.25/SF
− OpEx
−$17.5K −$4.87/SF
NOI
$40.9K $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%
$818,860
Cap Rate 7%
$584,900
Cap Rate 9%
$454,922
Alternative Uses
Best Use
Multifamily LT 5
$584.9K
$511.8K – $682.4K
NOI $40,943 @ 7.0% cap · market cap 5.89%
Second Best
Apartment 5plus
$522.3K
$457.0K – $609.3K
NOI $36,560 @ 7.0% cap · market cap 5.26%
Theoretical Best
Office A
$912.8K
$798.7K – $1.06M
NOI $63,896 @ 7.0% cap · market cap 9.19%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
4
Residential units
100%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
660
Businesses Nearby
Explore this area
Business Placement
Demographics for 08107, NJ
13,688
Population
6,180
Households
2.2
Avg Household Size
38
Median Age
36%
College-Educated
89%
High-School Grad
1.8 sq mi
ZIP Area
7,604
Density / Sq Mi
$70,262
Median Household Income
$44,771
Median Earnings
$1,257
Median Rent
$261,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Quadplex - Four occupied two-bedroom apartments provide a fully leased residential configuration.
Where is this quadplex located?
The property is located at 401 CHAMPION AVENUE Oaklyn, NJ.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: Four 2‑bedroom, 1‑bathroom apartments; 8 bedrooms and 4 bathrooms overall; 3,600 square feet; All four units occupied
