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Duplex with Garage Apartment
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 Market96

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 Radiant, Hot Water(Heating)
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: Sep 24 Last Checked: Oct 6 at 1:06PM
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.

Investment Insights

Based on property information with market context.

This Cape Cod-style duplex pairs a three-bedroom home with a one-bedroom apartment above a detached two-car garage. The property contains 1,737 square feet on a 0.3444-acre lot and was built in 1932. Interior features include an attic and ceiling fans; heating is radiant and hot water, with central air conditioning. An electric oven/range is also included.

The detached garage and driveway provide on-site parking. The two living spaces offer distinct bedroom configurations within the same property.

Key Highlights

  • Three‑bedroom home with a separate one‑bedroom apartment
  • One‑bedroom apartment is located above a detached two‑car garage
  • 1,737 square feet on a 0.3444‑acre lot

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.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Restaurant Spa & Massage Center Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

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
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Frequently Asked Questions

What type of property is this?
Duplex - Two residences include a three-bedroom home and a separate one-bedroom apartment above the 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 separate one‑bedroom apartment; One‑bedroom apartment is located above a detached two‑car garage; 1,737 square feet on a 0.3444‑acre lot
More about this property
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