Brick Duplex with Off-Street
For Sale
Under Contract
$200,000
442 PFEIFFER Street, Camden, NJ 08105
Multi-Family, CAMDEN, NJ
Property Size1,300 SF
Lot Size0.05 Acres
Price / SF$153.85
Days on Market48
Property Features for 442 PFEIFFER Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Rooms
Basement
Parking
1
Parking features
On Street, Off Street
Appliances
Refrigerator, Stove
Subdivision
EAST CAMDEN
Elementary school district
CAMDEN CITY SCHOOLS
Middle school district
CAMDEN CITY SCHOOLS
High school district
CAMDEN CITY SCHOOLS
Standard status
Active Under Contract
Size
1,300 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Annual Amount
2875
Utilities
Heating system
Forced Air
Building Details
Year built
1990
Number of units
1
Building materials
Brick
Listing Agency:
First Advantage Realty II LLC · HomeSmart International
(856) 666-3000
Listed By:
MILADY BATISTA · License #2188464
(856) 397-2891
Added: Jul 24
Changed: Aug 24
Last Checked: Sep 9 at 8:06AM
MLS# NJCD2123258
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.
Investment Insights
Based on property information with market context.
This vacant duplex at 442 Pfeiffer Street provides 1,300 square feet of residential space on a 0.0545-acre lot. Built in 1990, the brick property includes forced-air heating, a basement, and both on-street and off-street parking. Refrigerator and stove appliances are included.
The property is in Camden, NJ 08105, with shopping, schools, public transportation, and major highways identified in the surrounding area. Its two-unit configuration and existing residential improvements provide a straightforward setup for an owner seeking a multifamily property.
The property is in Camden, NJ 08105, with shopping, schools, public transportation, and major highways identified in the surrounding area. Its two-unit configuration and existing residential improvements provide a straightforward setup for an owner seeking a multifamily property.
Key Highlights
- Duplex with 1,300 square feet of property size
- 0.0545‑acre lot
- Brick construction with 1990 year built
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$14,785
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.39%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$295,700
$295.7K
Cap Rate 7%
$211,214
$211.2K
Cap Rate 9%
$164,278
$164.3K
Market Conditions
NOI Build-Up for 1,300 SF
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.
Gross rent
$22.3K $17.16/SF
− Vacancy
−$1.2K −$0.91/SF
EGI
$21.1K $16.25/SF
− OpEx
−$6.3K −$4.87/SF
NOI
$14.8K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$295,700
Cap Rate 7%
$211,214
Cap Rate 9%
$164,278
Alternative Uses
Best Use
Multifamily LT 5
$211.2K
$184.8K – $246.4K
NOI $14,785 @ 7.0% cap · market cap 7.39%
Second Best
Apartment 5plus
$188.6K
$165.0K – $220.0K
NOI $13,202 @ 7.0% cap · market cap 6.60%
Theoretical Best
Office A
$329.6K
$288.4K – $384.6K
NOI $23,074 @ 7.0% cap · market cap 11.54%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
710
Businesses Nearby
Explore this area
Business Placement
Demographics for 08105, NJ
26,572
Population
8,681
Households
3.1
Avg Household Size
31
Median Age
8%
College-Educated
63%
High-School Grad
2.6 sq mi
ZIP Area
10,220
Density / Sq Mi
$48,319
Median Household Income
$31,173
Median Earnings
$1,215
Median Rent
$113,100
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 - Vacant two-unit property with brick construction, forced-air heating, and refrigerator and stove appliances.
Where is this duplex located?
The property is located at 442 PFEIFFER Street Camden, NJ.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: Duplex with 1,300 square feet of property size; 0.0545‑acre lot; Brick construction with 1990 year built
