Residential Income Multifamily
401 Comly Avenue Collingswood, NJ 08107
For Sale
$400,000
Pending
Multifamily residential income property offered for sale at 401 Comly Avenue in Collingswood, New Jersey.
Property Size2,105 SF
Days on Market95
Property Features for 401 Comly Avenue
General Information
- Standard status
- Pending
- Size
- 2,105 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1903
Listing Agency:
Coldwell Banker Realty
(215) 485-0322
Listed By:
Steven Piacquadio · License #1433655
(215) 485-0322
Source:
Compass
Added: Apr 21
Changed: Jul 23
Last Checked: Jul 23 at 2:37PM
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 Coldwell Banker Realty
Investment Insights
Based on property information with market context.
This residential income multifamily property is offered for sale in Collingswood, New Jersey. The listing is classified as other multifamily properties within the Camden County area.
The property is located at 401 Comly Avenue (MLS area: Collingswood Boro, 20412) in Camden County. The schools noted in the listing are Collingswood High School and Collingswood Middle/Junior School, within the Collingswood Borough school district.
Details on unit configuration, interior features, or building amenities are not provided in the available information. Prospective buyers are encouraged to review the offering materials for complete specifications.
The property is located at 401 Comly Avenue (MLS area: Collingswood Boro, 20412) in Camden County. The schools noted in the listing are Collingswood High School and Collingswood Middle/Junior School, within the Collingswood Borough school district.
Details on unit configuration, interior features, or building amenities are not provided in the available information. Prospective buyers are encouraged to review the offering materials for complete specifications.
Key Highlights
- Multifamily residential income property for sale at 401 Comly Avenue in Collingswood, New Jersey
- Year built: 1903
- No pool
Financial Insights For Apartment 5plus
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 | $41.2k | $19.56 |
| − Vacancy | −$2.3k | −$1.10 |
| EGI | $38.9k | $18.46 |
| − OpEx | −$17.5k | −$8.31 |
| NOI | $21.4k | $10.16 |
2,105 SF · lease $19.56/SF/yr · vacancy 5.60% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$305.4K
$267.2K – $356.3K
NOI $21,377 @ 7.0% cap · market cap 5.34%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$533.7K
$467.0K – $622.7K
NOI $37,361 @ 7.0% cap · market cap 9.34%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Multifamily properties
FAQs
What type of property is this?
Multifamily property - Multifamily residential income property offered for sale at 401 Comly Avenue in Collingswood, New Jersey.
Where is this multifamily property located?
The property is located at 401 Comly Avenue Collingswood, NJ.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Multifamily residential income property for sale at 401 Comly Avenue in Collingswood, New Jersey; Year built: 1903; No pool
