Three-Unit Residential Income
504 N WHITE HORSE PIKE Stratford, NJ 08084
New
For Sale
$450,000
Residential income triplex offered for sale in Stratford, NJ.
Property Size2,364 SF
Price / SF$190.36
Days on Market7
Property Features for 504 N WHITE HORSE PIKE
General Information
Standard status
Active
Size
2,364 SF
Property subtype
Triplex
Building Details
Year Built
1957
Listing Agency:
BHHS Fox & Roach-Mt Laurel
(609) 304-2314
Listed By:
Christopher L. Twardy · License #1540241
(609) 304-2314
Source:
Cummingsrealtors
Added: Jul 23
Changed: Jul 25
Last Checked: Jul 28 at 5:01AM
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 BHHS Fox & Roach-Mt Laurel
Investment Insights
Based on property information with market context.
This triplex residential income property is offered for sale. The asset consists of three units and totals 2,364 square feet.
The property is located at 504 N White Horse Pike in Stratford, New Jersey 08084.
For buyers or investors seeking a multi-family income asset, this three-unit configuration provides an opportunity to own a residential rental property within Stratford.
The property is located at 504 N White Horse Pike in Stratford, New Jersey 08084.
For buyers or investors seeking a multi-family income asset, this three-unit configuration provides an opportunity to own a residential rental property within Stratford.
Key Highlights
- Residential income triplex for sale in Stratford, NJ
- Built in 1957
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 | $40.6k | $17.16 |
| − Vacancy | −$2.2k | −$0.91 |
| EGI | $38.4k | $16.25 |
| − OpEx | −$11.5k | −$4.87 |
| NOI | $26.9k | $11.37 |
2,364 SF · lease $17.16/SF/yr · vacancy 5.32% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$384.1K
$336.1K – $448.1K
NOI $26,886 @ 7.0% cap · market cap 5.97%
Second Best
Apartment 5plus
$343.0K
$300.1K – $400.1K
NOI $24,008 @ 7.0% cap · market cap 5.34%
Theoretical Best
Office A
$599.4K
$524.5K – $699.3K
NOI $41,958 @ 7.0% cap · market cap 9.32%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Triplex - Residential income triplex offered for sale in Stratford, NJ.
Where is this triplex located?
The property is located at 504 N WHITE HORSE PIKE Stratford, NJ.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Residential income triplex for sale in Stratford, NJ; Built in 1957
