Duplex with Detached Two-Car
New
For Sale
$599,000
412 1ST AVENUE, Haddon Heights, NJ 08035
Duplex currently zoned/certified, featuring four bedrooms, two full baths, and a detached two-car garage.
Days on Market4
Property Features for 412 1ST AVENUE
General Information
Standard status
Active
Property subtype
Duplex
Zoning
Duplex
Building Details
Building Size
1,801 SF
Year Built
1925
Construction
Colonial
Listing Agency:
Daniel R. White Realtor, LLC
(856) 547-0700
Listed By:
Daniel R White Jr. Jr. · License #8838071
(856) 547-0700
Source:
Patmckennarealtors
Added: Jul 28
Changed: Jul 30
Last Checked: Jul 31 at 11:21AM
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
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 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 | $30.9k | $17.16 |
| − Vacancy | −$1.6k | −$0.91 |
| EGI | $29.3k | $16.25 |
| − OpEx | −$8.8k | −$4.87 |
| NOI | $20.5k | $11.37 |
1,801 SF · lease $17.16/SF/yr · vacancy 5.32% · expense 30.00%
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.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
763
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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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 AVENUE 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
