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Two-Unit Duplex with Basement

515 MAPLE Avenue, Collingswood, NJ 08108

For Sale
New
$309,900

Multi-Family, COLLINGSWOOD, NJ

Property Size1,268 SF
Lot Size0.11 Acres
Price / SF$244.40
Days on Market5

Property Features for 515 MAPLE Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Rooms Basement
Parking 4
Parking features Driveway
Subdivision NONE AVAILABLE
Middle school COLLINGSWOOD M.S.
High school COLLINGSWOOD SENIOR H.S.
Elementary school district COLLINGSWOOD BOROUGH
Middle school district COLLINGSWOOD BOROUGH
High school district COLLINGSWOOD BOROUGH
Standard status Active
Size 1,268 SF
Lot size 0.11 Acres

Additional Details

Individually Metered Utilities electricity

Taxes and HOA fees

Tax Annual Amount 8852

Utilities

Heating system Other (Heating)
Cooling system Ceiling Fan(s)

Amenities

washer and dryer
backyard

Building Details

Year built 1940
Number of units 2
Building materials Frame
Architectural style Colonial
Listing Agency: Keller Williams - Main Street
Listed By: Silvia Hatzell · License NJ SP9480947
Added: Nov 9 Changed: Nov 10 Last Checked: Nov 13 at 11:06PM
MLS# NJCD2130420

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.

This 1,268-square-foot Colonial duplex, built in 1940, contains two apartments. The first-floor unit has a living room, two bedrooms, a kitchen, and a bathroom; the upstairs apartment includes a living room, one bedroom, a kitchen, and a full bathroom. A basement provides laundry equipment and storage. The property is being sold as-is and requires work; the buyer is responsible for repairs and the certificate of occupancy.

The 0.1136-acre parcel includes an asphalt driveway with room for up to four vehicles and a backyard. The units have separate electric service, while the property has one heating unit and one water heater.

Key Highlights

  • Two apartments: a two‑bedroom first‑floor unit and a one‑bedroom second‑floor unit
  • 1,268‑square‑foot Colonial built in 1940
  • 0.1136‑acre lot with an asphalt driveway accommodating up to four vehicles

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$14,421
Cap Rate
4.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$288,420 $288.4K
Cap Rate 7%
$206,014 $206.0K
Cap Rate 9%
$160,233 $160.2K
Market Conditions
NOI Build-Up for 1,268 SF
Gross rent
$21.8K $17.16/SF
− Vacancy
−$1.2K −$0.91/SF
EGI
$20.6K $16.25/SF
− OpEx
−$6.2K −$4.87/SF
NOI
$14.4K $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%
$288,420
Cap Rate 7%
$206,014
Cap Rate 9%
$160,233

Alternative Uses

Best Use
Multifamily LT 5
$206.0K
$180.3K – $240.4K (±1% cap)
NOI $14,421 @ 7.0% cap · market cap 4.65%
Second Best
Apartment 5plus
$184.0K
$161.0K – $214.6K (±1% cap)
NOI $12,877 @ 7.0% cap · market cap 4.16%
Theoretical Best
Office A
$321.5K
$281.3K – $375.1K (±1% cap)
NOI $22,506 @ 7.0% cap · market cap 7.26%
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

938
Businesses Nearby

Demographics for 08108, NJ

18,618
Population
9,173
Households
2
Avg Household Size
40
Median Age
58%
College-Educated
97%
High-School Grad
2.7 sq mi
ZIP Area
6,896
Density / Sq Mi
$107,764
Median Household Income
$70,887
Median Earnings
$1,680
Median Rent
$358,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Duplexes in Camden County, NJ

$197 Jul
$196 Aug
$201 Sep
$196 Oct

Properties on Market for Duplexes in Camden County

Jul
Aug
Sep
Oct

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 - Separate electric service serves two apartments, with shared laundry and storage below grade.
Where is this duplex located?
The property is located at 515 MAPLE Avenue Collingswood, NJ.
What is the asking price?
The asking price for this property is $309,900.
What are key features of this property?
This property features: Two apartments: a two‑bedroom first‑floor unit and a one‑bedroom second‑floor unit; 1,268‑square‑foot Colonial built in 1940; 0.1136‑acre lot with an asphalt driveway accommodating up to four vehicles
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