Victorian Duplex with Detached
404 Fulton Street Riverton, NJ 08077
For Sale
$515,000
Pending
Duplex home with original hardwood floors, multiple bedrooms, and a detached two-car garage on a corner lot.
Property Size2,326 SF
Days on Market76
Property Features for 404 Fulton Street
General Information
- Standard status
- Pending
- Size
- 2,326 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1890
Listing Agency:
RE/MAX ONE Realty
(856) 381-1411
Listed By:
Molly Wingert · License #1537400
(856) 381-1411
Source:
Compass
Added: May 9
Changed: Jul 23
Last Checked: Jul 23 at 6:33AM
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 RE/MAX ONE Realty
Investment Insights
Based on property information with market context.
404–406 Fulton is a Victorian-style duplex on a corner lot with a welcoming front porch and double entry doors leading into a vestibule. The home features a staircase and original hardwood floors, with a main level that includes a living room and formal dining room, plus a kitchen and an additional flexible room. A full bathroom and first-floor laundry complete the first floor, and there is also a porch off the back of the home.
Upstairs, the second floor offers three bedrooms, a full hall bathroom, and a cedar closet. The third floor adds two additional rooms that can support guest space, a studio, or other flexible uses. The property also includes a full unfinished basement for storage or workspace.
Outside, an oversized detached two-car garage provides additional functionality, along with a rear section that can serve as extra storage, hobbies, or a workshop area. The home is within walking distance of Riverton Elementary School, Riverton Park, the Delaware River, the RiverLine station, and downtown shops and restaurants.
Upstairs, the second floor offers three bedrooms, a full hall bathroom, and a cedar closet. The third floor adds two additional rooms that can support guest space, a studio, or other flexible uses. The property also includes a full unfinished basement for storage or workspace.
Outside, an oversized detached two-car garage provides additional functionality, along with a rear section that can serve as extra storage, hobbies, or a workshop area. The home is within walking distance of Riverton Elementary School, Riverton Park, the Delaware River, the RiverLine station, and downtown shops and restaurants.
Key Highlights
- Currently configured as a duplex at 404‑406 Fulton, with an easy option to convert to a single‑family home
- Victorian‑style home built in 1890 with original hardwood floors throughout the main level
- Flexible layout with first‑floor laundry and an additional room that can serve as a bedroom, home office, or den
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 Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Duplex home with original hardwood floors, multiple bedrooms, and a detached two-car garage on a corner lot.
Where is this duplex located?
The property is located at 404 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: Currently configured as a duplex at 404‑406 Fulton, with an easy option to convert to a single‑family home; Victorian‑style home built in 1890 with original hardwood floors throughout the main level; Flexible layout with first‑floor laundry and an additional room that can serve as a bedroom, home office, or den
