Two-Unit Duplex with Separate
For Sale
$289,000
525 E PARK Avenue, Vineland, NJ 08360
Multi-Family, VINELAND, NJ
Property Size1,264 SF
Lot Size0.20 Acres
Price / SF$228.64
Days on Market153
Property Features for 525 E PARK Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Parking
4
Parking features
Driveway
Appliances
Oven - Single, Refrigerator
Elementary school district
CITY OF VINELAND BOARD OF EDUCATION
Middle school district
CITY OF VINELAND BOARD OF EDUCATION
High school district
CITY OF VINELAND BOARD OF EDUCATION
Standard status
Active
Size
1,264 SF
Lot size
0.20 Acres
Additional Details
Tenant in Place
Yes
Individually Metered Utilities
unspecified utilities
Taxes and HOA fees
Tax Annual Amount
2925
Utilities
Heating system
Forced Air
Cooling system
Ceiling Fan(s)
Building Details
Year built
1900
Number of units
2
Building materials
Aluminum Siding
Architectural style
Colonial
Listing Agency:
Fathom Realty NJ, LLC
(856) 344-4663
Listed By:
Tracy Gallo · License #1863996
(609) 217-1880
Added: May 28
Changed: Oct 25
Last Checked: Oct 27 at 4:06AM
MLS# NJCB2030692
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 1,264-square-foot duplex contains two separate units: a two-bedroom lower residence and an upper-level studio with one bedroom. The lower unit has fresh paint, new flooring throughout, and an upgraded bathroom. A long-term tenant currently occupies the upper unit. Each unit has separate utilities, and the property includes a driveway.
Recent property work includes a new boiler, water heater, siding, flat roof, and porch. Built in 1900, the Colonial-style building sits on a 0.2011-acre lot in Vineland, New Jersey.
Recent property work includes a new boiler, water heater, siding, flat roof, and porch. Built in 1900, the Colonial-style building sits on a 0.2011-acre lot in Vineland, New Jersey.
Key Highlights
- Two units: a two‑bedroom lower residence and an upper‑level one‑bedroom studio
- Upper studio is currently occupied by a long‑term tenant
- Separate utilities for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,438
Cap Rate
5.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$328,760
$328.8K
Cap Rate 7%
$234,829
$234.8K
Cap Rate 9%
$182,644
$182.6K
Market Conditions
NOI Build-Up for 1,264 SF
Gross rent
$25.0K $19.80/SF
− Vacancy
−$1.5K −$1.22/SF
EGI
$23.5K $18.58/SF
− OpEx
−$7.0K −$5.57/SF
NOI
$16.4K $13.00/SF
Area
Cumberland County, NJ
Vacancy
6.17%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$328,760
Cap Rate 7%
$234,829
Cap Rate 9%
$182,644
Alternative Uses
Best Use
Multifamily LT 5
$234.8K
$205.5K – $274.0K
NOI $16,438 @ 7.0% cap · market cap 5.69%
Second Best
Apartment 5plus
$216.2K
$189.2K – $252.2K
NOI $15,132 @ 7.0% cap · market cap 5.24%
Theoretical Best
Office A
$1.90M
$1.66M – $2.21M
NOI $132,853 @ 7.0% cap · market cap 45.97%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
989
Businesses Nearby
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Business Placement
Demographics for 08360, NJ
43,043
Population
16,797
Households
2.6
Avg Household Size
38
Median Age
17%
College-Educated
79%
High-School Grad
44.3 sq mi
ZIP Area
972
Density / Sq Mi
$62,604
Median Household Income
$37,236
Median Earnings
$1,164
Median Rent
$199,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two distinct living spaces include a renovated two-bedroom lower unit and an upper studio occupied by a long-term tenant.
Where is this duplex located?
The property is located at 525 E PARK Avenue Vineland, NJ.
What is the asking price?
The asking price for this property is $289,000.
What are key features of this property?
This property features: Two units: a two‑bedroom lower residence and an upper‑level one‑bedroom studio; Upper studio is currently occupied by a long‑term tenant; Separate utilities for each unit
