Victorian Duplex on Corner
404--406 FULTON Street, Riverton, NJ 08077
New
MULTI_FAMILY - Victorian - RIVERTON, NJ
Property size:
2,326 SFLot size:
0.34 AcresPrice / SF:
$221/SF- Added:
- Jun 11, 2026
- Days on Market:
- 3
- Last Refresh:
- Jun 13 at 12:06 am
Property Features for 404--406 FULTON Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking
- 4
- Parking features
- Driveway, Garage - Detached
- Fireplace
- 1
- Standard status
- Active
- Size
- 2,326 SF
- Lot size
- 0.34 Acres
Taxes and HOA fees
- Tax Annual Amount
- 10875
Utilities
- Heating system
- Forced Air
- Cooling system
- Window Unit(s)
Building Details
- Year built
- 1890
- Number of units
- 2
- Building materials
- Frame
- Architectural style
- Victorian
Listing agent Molly Wingert License #1537400 (856) 381-1411
Listing office RE/MAX ONE Realty 2 E Main Street, Mount Laurel, NJ (856) 722-8090
Listing date Jun 11, 2026
MLS# NJBL2111624
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
- Victorian home built in 1890 with frame construction on a corner lot along a tree‑lined street
- Currently configured as a duplex, with easy flexibility to continue as income or convert to a single‑family home
- Original hardwood floors throughout the main level, plus double entry doors and French doors between the vestibule and living space
- Fireplace in both the living room and formal dining room, plus a built‑in corner cabinet in the dining room
- Forced‑air heating and window A/C units; full unfinished basement for storage and workshop options
- Detached oversized 2‑car garage with an additional rear section for extra storage, hobbies, or workshop space
Overview
404-406 Fulton in Riverton offers Victorian character with modern flexibility, currently configured as a duplex. The home features a welcoming front porch, double entry doors, and a vestibule with a prominent staircase. Original hardwood floors run through the main level, where the living room includes a fireplace and connects to a formal dining room with its own fireplace and a built-in corner cabinet. An eat-in kitchen sits at the rear and overlooks the yard, with a mudroom leading to the back door for pantry or added storage. A full bathroom completes the first floor, along with an additional room that can serve as a bedroom, home office, or den.
Upstairs, the second floor includes a kitchen that could be converted back into a bedroom, plus two additional bedrooms and a full hall bathroom, with natural light throughout. The third floor adds two more rooms and extra storage, suited to guest accommodations, creative studio space, or work-from-home needs. A full unfinished basement provides additional storage and workshop potential. Outside, there is an oversized detached two-car garage with extra rear section for storage, hobbies, or a dedicated workspace.
Positioned on a corner lot along a tree-lined street, the property is within walking distance to Riverton Elementary School, Riverton Park, the Delaware River, Riverline station, and the shops and restaurants downtown. The layout supports both continued income use as a duplex or conversion to a larger single-family residence, depending on the next owner’s plans.
Upstairs, the second floor includes a kitchen that could be converted back into a bedroom, plus two additional bedrooms and a full hall bathroom, with natural light throughout. The third floor adds two more rooms and extra storage, suited to guest accommodations, creative studio space, or work-from-home needs. A full unfinished basement provides additional storage and workshop potential. Outside, there is an oversized detached two-car garage with extra rear section for storage, hobbies, or a dedicated workspace.
Positioned on a corner lot along a tree-lined street, the property is within walking distance to Riverton Elementary School, Riverton Park, the Delaware River, Riverline station, and the shops and restaurants downtown. The layout supports both continued income use as a duplex or conversion to a larger single-family residence, depending on the next owner’s plans.
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 | $50.2k | $21.60 |
| − Vacancy | −$2.6k | −$1.13 |
| EGI | $47.6k | $20.47 |
| − OpEx | −$14.3k | −$6.14 |
| NOI | $33.3k | $14.33 |
2,326 SF · lease $21.60/SF/yr · vacancy 5.22% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$476.2K
$416.7K – $555.6K
NOI $33,333 @ 7.0% cap · market cap 6.47%
Second Best
Apartment 5plus
$435.2K
$380.8K – $507.8K
NOI $30,465 @ 7.0% cap · market cap 5.92%
Theoretical Best
Warehouse
$4.86M
$4.26M – $5.68M
NOI $340,535 @ 7.0% cap · market cap 66.12%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Riverton
- County
- Burlington
- State
- New Jersey
- Longitude
- -75.01178
- Latitude
- 40.01182
FAQs
What type of property is this?
Duplex - A Victorian duplex with hardwood floors, fireplaces, and flexible living space, plus a detached two-car garage on a corner lot.
Where is this duplex located?
The property is located at 404--406 FULTON Street Riverton, NJ.
What is the asking price?
The asking price for this property is $515,000.
What are key features of this property?
This property features: Victorian home built in 1890 with frame construction on a corner lot along a tree‑lined street; Currently configured as a duplex, with easy flexibility to continue as income or convert to a single‑family home; Original hardwood floors throughout the main level, plus double entry doors and French doors between the vestibule and living space
