Duplex with Detached Two-Car
412 1st Ave, Haddon Heights, NJ 08035
For Sale
$599,000
Duplex currently zoned/certified, featuring four bedrooms, two full baths, and a detached two-car garage.
Property Size1,801 SF
Price / SF$332.59
Days on Market101
Property Features for 412 1st Ave
General Information
Standard status
Size
Property subtype
Zoning
Building Details
Year Built
Construction
Listing Agency:
Daniel R. White Realtor, LLC
Listed By:
Daniel R White Jr. Jr. · License #8838071
(609) 330-4042
Source:
Soldbypattie
Added: Jul 29
Changed: Oct 25
Last Checked: Oct 7 at 4:15PM
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 Daniel R. White Realtor, LLC
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Investment Insights
Based on property information with market context.
This duplex offers four bedrooms and two full bathrooms, with a detached two-car garage and a 200' deep lot. The property is currently zoned/certified as a duplex, with remarks describing the home as having potential to function as a single-family residence as desired by a buyer. The home is being sold as-is.
The property is located just houses away from Haddon Heights Jr and Sr High School, providing nearby access to school campuses.
For those who want to see the layout and site in person, the property is described as available to tour on July 28.
The property is located just houses away from Haddon Heights Jr and Sr High School, providing nearby access to school campuses.
For those who want to see the layout and site in person, the property is described as available to tour on July 28.
Key Highlights
- Currently zoned/certified as a duplex
- Detached two‑car garage
- 200' deep lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,483
Cap Rate
3.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$409,660
$409.7K
Cap Rate 7%
$292,614
$292.6K
Cap Rate 9%
$227,589
$227.6K
Market Conditions
NOI Build-Up for 1,801 SF
Gross rent
$30.9K $17.16/SF
− Vacancy
−$1.6K −$0.91/SF
EGI
$29.3K $16.25/SF
− OpEx
−$8.8K −$4.87/SF
NOI
$20.5K $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%
$409,660
Cap Rate 7%
$292,614
Cap Rate 9%
$227,589
Alternative Uses
Best Use
Multifamily LT 5
$292.6K
$256.0K – $341.4K
NOI $20,483 @ 7.0% cap · market cap 3.42%
Second Best
Apartment 5plus
$261.3K
$228.6K – $304.8K
NOI $18,290 @ 7.0% cap · market cap 3.05%
Theoretical Best
Office A
$456.7K
$399.6K – $532.8K
NOI $31,966 @ 7.0% cap · market cap 5.34%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
506
Businesses Nearby
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Business Placement
Demographics for 08035, NJ
7,556
Population
3,326
Households
2.3
Avg Household Size
43
Median Age
55%
College-Educated
96%
High-School Grad
1.6 sq mi
ZIP Area
4,723
Density / Sq Mi
$124,592
Median Household Income
$68,750
Median Earnings
$1,179
Median Rent
$353,700
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Camden County, NJ
Properties on Market for Duplexes in Camden County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Duplex currently zoned/certified, featuring four bedrooms, two full baths, and a detached two-car garage.
Where is this duplex located?
The property is located at 412 1st Ave Haddon Heights, NJ.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Currently zoned/certified as a duplex; Detached two‑car garage; 200' deep lot
