518-522 REPAUNO Avenue, Gibbstown, NJ 08027
MULTI_FAMILY - GIBBSTOWN, NJ
- Added:
- Jun 27, 2026
- Days on Market:
- 1
- Last Refresh:
- Jun 27 at 9:06 am
Property Features for 518-522 REPAUNO Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Dining Room
- Parking features
- On Street, Off Street
- Interior features
- Carpet, Ceiling Fan(s), Dining Area, Bathroom - Tub Shower
- Standard status
- Active
- Size
- 2,250 SF
- Lot size
- 0.23 Acres
Taxes and HOA fees
- Tax Annual Amount
- 7149
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1995
- Number of units
- 1
- Building materials
- Vinyl Siding
Listing agent Daniel Torres License #1539492 (609) 381-3618
Listing office Keller Williams Realty - Atlantic Shore 802 Tilton Road, Northfield, NJ (609) 484-9890
Listing date Jun 27, 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 1995 with each side featuring 3 bedrooms and 1.5 bathrooms
- One unit is rented month‑to‑month for $2,000/month; long‑term tenant has been 3+ years and has never missed a payment
- Separate gas and electric utilities for each side of the duplex
- Central air cooling and forced‑air heating; interior features include carpet, ceiling fan(s), dining area, and tub/shower baths
- Vinyl siding exterior with parking including on‑street and off‑street spaces
- Large backyard and located on a corner lot
Overview
The duplex is situated on a spacious corner lot and includes a large backyard and plenty of parking. The property is located at 518-522 Repauno Avenue in Gibbstown, New Jersey (Gloucester County), ZIP 08027.
For tenants, buyers, or operators, the duplex configuration provides flexible occupancy options with independent utilities and two fully appointed sides. The combination of updated condition, separate services, and off-street parking is well suited to households looking for a straightforward live-in-and-rent setup or to investors seeking a property that can function as a two-unit income asset.
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 | $44.6k | $19.80 |
| − Vacancy | −$2.7k | −$1.22 |
| EGI | $41.8k | $18.58 |
| − OpEx | −$12.5k | −$5.57 |
| NOI | $29.3k | $13.00 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Gibbstown
- County
- Cumberland
- State
- New Jersey
- Longitude
- -75.29903
- Latitude
- 39.84123
