Building Details

Year Built 1957

Listing Agency: BHHS Fox & Roach-Mt Laurel

Listed By: Christopher L. Twardy · License #1540241 Show Phone

Source: Bernadetteaugello

Added: Jul 24 Changed: Oct 25 Last Checked: Oct 7 at 1:11PM

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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.

Key Highlights

• Residential income triplex for sale in Stratford, NJ
• Built in 1957

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$26,886

Cap Rate

5.97%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$537,720 $537.7K

Cap Rate 7%

$384,086 $384.1K

Cap Rate 9%

$298,733 $298.7K

Is this asking price fair?

Market Conditions

NOI Build-Up for 2,364 SF

Gross rent

$40.6K $17.16/SF

− Vacancy

−$2.2K −$0.91/SF

EGI

$38.4K $16.25/SF

− OpEx

−$11.5K −$4.87/SF

NOI

$26.9K $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%

$537,720

Cap Rate 7%

$384,086

Cap Rate 9%

$298,733

Alternative Uses

Best Use

Multifamily LT 5

$384.1K

$336.1K – $448.1K (±1% cap)

NOI $26,886 @ 7.0% cap · market cap 5.97%

Second Best

Apartment 5plus

$343.0K

$300.1K – $400.1K (±1% cap)

NOI $24,008 @ 7.0% cap · market cap 5.34%

Theoretical Best

Office A

$599.4K

$524.5K – $699.3K (±1% cap)

NOI $41,958 @ 7.0% cap · market cap 9.32%

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

Open Analytics

Location Intelligence

Trade Area within ½ mile

990

Businesses Nearby

Explore this area Business Placement

Demographics for 08084, NJ

6,981

Population

2,574

Households

2.7

Avg Household Size

41

Median Age

32%

College-Educated

92%

High-School Grad

1.6 sq mi

ZIP Area

4,363

Density / Sq Mi

$100,735

Median Household Income

$52,002

Median Earnings

$1,172

Median Rent

$238,200

Median Home Value

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?

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