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Historic Brick Duplex with Private Entrances

41 Potter Street Haddonfield, NJ 08033

41 Potter Street, Haddonfield, NJ, 08033
$650,000
For Sale
$650,000

Built in the 1860s, this historic brick duplex features hardwood floors, updated kitchens, and patio access with off-street parking.

Property Size2,215 SF
Price / SF$293.45
Days on Market82

Property Features for 41 Potter Street

General Information

Standard status
Active
Size
2,215 SF
Property subtype
Multi-Family / Fee Simple

Building Details

Year Built
1860
Listing agency Prominent Properties Sotheby's Intl Realty
Listed by Gary R Vermaat · License #7871830
Source Compass
Added: May 2 Updated: Jul 21 at 5:53PM Checked: Jul 21 at 5:53PM

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 Prominent Properties Sotheby's Intl Realty


Investment Insights

Based on property information with market context.

Built in the 1860s, 41 Potter Street is a character-rich historic brick duplex with original hardwood floors, exposed brick accents, and rich millwork. The property includes two residences, each with spacious, light-filled living and dining areas, sizable bedrooms, and private entrances. Kitchens have been updated, and there is finished lower-level space for additional usable room.

Outdoor space includes patio access, and the home also offers off-street parking plus garage/storage space for everyday convenience. The property is located in Haddonfield, just moments from downtown shops, restaurants, parks, and the PATCO train to Philadelphia.

With flexible layouts and separate entrances, the duplex is designed to support a range of residential living arrangements while preserving the home’s original architectural character.

Key Highlights

  • Historic 1860s brick duplex with original hardwood floors and replacement windows
  • Each unit includes spacious living and dining areas, sizable bedrooms, and private entrances
  • Updated kitchens with stainless steel appliances, built‑in range, dishwasher, disposal, washer, and dryer

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 $38.0k $17.16
− Vacancy −$2.0k −$0.91
EGI $36.0k $16.25
− OpEx −$10.8k −$4.87
NOI $25.2k $11.37
2,215 SF · lease $17.16/SF/yr · vacancy 5.32% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$359.9K
$314.9K – $419.9K (±1% cap)
NOI $25,191 @ 7.0% cap · market cap 3.88%
Second Best
Apartment 5plus
$321.4K
$281.2K – $374.9K (±1% cap)
NOI $22,495 @ 7.0% cap · market cap 3.46%
Theoretical Best
Office A
$561.6K
$491.4K – $655.2K (±1% cap)
NOI $39,314 @ 7.0% cap · market cap 6.05%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Grocery & Convenience Store Carpet & Flooring Store (Bike/Boat/Book/etc) Store Catering Service Auto Parts Store (Bike/Boat/Book/etc) Store Cosmetic Store Locksmith Home Appliance Store Pet Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Built in the 1860s, this historic brick duplex features hardwood floors, updated kitchens, and patio access with off-street parking.
Where is this duplex located?
The property is located at 41 Potter Street Haddonfield, NJ.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Historic 1860s brick duplex with original hardwood floors and replacement windows; Each unit includes spacious living and dining areas, sizable bedrooms, and private entrances; Updated kitchens with stainless steel appliances, built‑in range, dishwasher, disposal, washer, and dryer
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