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Duplex Property with Garage Suite
For Sale
$397,900

452 RARITAN Avenue, Atco, NJ 08004

Multi-Family, ATCO, NJ

Property Size1,737 SF
Lot Size0.34 Acres
Price / SF$229.07
Days on Market125

Property Features for 452 RARITAN Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Rooms Basement
Parking 2
Parking features Garage - Detached, Driveway
Interior features Attic, Ceiling Fan(s)
Appliances Oven/Range - Electric
Subdivision ATCO
Middle school HAMMONTON M.S.
High school HAMMONTON H.S.
Elementary school district WATERFORD TOWNSHIP PUBLIC SCHOOLS
Middle school district WATERFORD TOWNSHIP PUBLIC SCHOOLS
High school district WATERFORD TOWNSHIP PUBLIC SCHOOLS
Standard status Active
Size 1,737 SF
Lot size 0.34 Acres

Taxes and HOA fees

Tax Annual Amount 7054

Utilities

Heating system Hot Water(Heating), Radiant
Cooling system Ceiling Fan(s), Central Air

Building Details

Year built 1932
Number of units 2
Building materials Frame, Vinyl Siding
Architectural style Cape Cod
Listing Agency: Century 21 Reilly Realtors · Century 21 Real Estate
Listed By: Dennis Kain · License #8732782
Added: Jul 3 Changed: Nov 4 Last Checked: Nov 4 at 4:06PM
MLS# NJCD2121650

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.

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Investment Insights

Based on property information with market context.

A 1,737-square-foot property on 0.3444 acres, this Cape Cod-style residence includes a three-bedroom home and a one-bedroom suite positioned above a detached two-car garage. The house was built in 1932 and has a basement, attic, central air, and radiant heat.

The garage is detached, with driveway parking also provided. Multifamily use is subject to township approval.

Key Highlights

  • Three‑bedroom home with a one‑bedroom suite above the garage
  • Detached two‑car garage plus driveway parking
  • 1,737 square feet on 0.3444 acres

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$19,755
Cap Rate
4.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$395,100 $395.1K
Cap Rate 7%
$282,214 $282.2K
Cap Rate 9%
$219,500 $219.5K
Market Conditions
NOI Build-Up for 1,737 SF
Gross rent
$29.8K $17.16/SF
− Vacancy
−$1.6K −$0.91/SF
EGI
$28.2K $16.25/SF
− OpEx
−$8.5K −$4.87/SF
NOI
$19.8K $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 Rate 5%
$395,100
Cap Rate 7%
$282,214
Cap Rate 9%
$219,500

Alternative Uses

Best Use
Multifamily LT 5
$282.2K
$246.9K – $329.3K (±1% cap)
NOI $19,755 @ 7.0% cap · market cap 4.96%
Second Best
Apartment 5plus
$252.0K
$220.5K – $294.0K (±1% cap)
NOI $17,640 @ 7.0% cap · market cap 4.43%
Theoretical Best
Office A
$440.4K
$385.4K – $513.8K (±1% cap)
NOI $30,830 @ 7.0% cap · market cap 7.75%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

234
Businesses Nearby

Demographics for 08004, NJ

12,005
Population
4,238
Households
2.8
Avg Household Size
43
Median Age
28%
College-Educated
91%
High-School Grad
25.8 sq mi
ZIP Area
465
Density / Sq Mi
$107,041
Median Household Income
$49,164
Median Earnings
$1,169
Median Rent
$255,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - The property pairs a three-bedroom house with a separate one-bedroom suite above a detached garage.
Where is this duplex located?
The property is located at 452 RARITAN Avenue Atco, NJ.
What is the asking price?
The asking price for this property is $397,900.
What are key features of this property?
This property features: Three‑bedroom home with a one‑bedroom suite above the garage; Detached two‑car garage plus driveway parking; 1,737 square feet on 0.3444 acres
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Includes: Price & PSF · Cap rate · Location · Zoning

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