4647 ROOSEVELT Avenue, Pennsauken, NJ 08109
MULTI_FAMILY - Colonial - PENNSAUKEN, NJ
- Added:
- Jul 6, 2026
- Days on Market:
- 1
- Last Refresh:
- Jul 6 at 10:06 pm
Property Features for 4647 ROOSEVELT Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking
- 2
- Parking features
- Garage - Detached, On Street
- Standard status
- Active
- Size
- 1,875 SF
- Lot size
- 0.09 Acres
Taxes and HOA fees
- Tax Annual Amount
- 6136
Utilities
- Heating system
- Other (Heating)
- Cooling system
- Window Unit(s), Ceiling Fan(s)
Building Details
- Year built
- 1915
- Number of units
- 1
- Building materials
- Brick, Block, Frame
- Architectural style
- Colonial
Listing agent Gregory S Hale License #8435262 (856) 866-2525
Listing office RE/MAX ONE Realty-Moorestown 2 E Main Street, Moorestown, NJ (856) 866-2525
Listing date Jul 6, 2026
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.
HighLights
- Duplex built in 1915 with Colonial architectural style
- Brick, block, and frame construction
- 1st‑floor tenant on month‑to‑month lease paying $1,050/month
- 2nd‑floor unit is currently vacant and ready for immediate occupancy
- Detached 2‑car garage plus on‑street parking
- Includes a full basement
Overview
The property is located at 4647 Roosevelt Avenue in Pennsauken, NJ 08109. According to the listing remarks, the first-floor unit is occupied by a month-to-month tenant. That tenant is currently paying $1,050 per month.
For an owner-operator or investor, the combination of an occupied unit and a renovated, vacant second-floor unit can support straightforward setup for leasing. The full basement adds practical storage or utility space, and the 2-car garage can be valuable for tenants who want off-street parking. With the second unit ready to move into, a new owner can potentially begin coordinating leasing timing without waiting for additional interior improvements.
Local 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 | $32.2k | $17.16 |
| − Vacancy | −$1.7k | −$0.91 |
| EGI | $30.5k | $16.25 |
| − OpEx | −$9.1k | −$4.87 |
| NOI | $21.3k | $11.37 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Pennsauken
- County
- Camden
- State
- New Jersey
- Longitude
- -75.0676422
- Latitude
- 39.9459801
