Duplex with Private
627 OLD DEERFIELD PIKE, Bridgeton, NJ 08302
For Sale
$325,000
Pending
Two matching two-bedroom apartments have separate utilities, entrances and off-street parking.
Property Size1,484 SF
Days on Market54
Property Features for 627 OLD DEERFIELD PIKE
General Information
Standard status
Size
Property subtype
Site & Location
Road Access
Public Transit
Units
Unit Mix
Multifamily Units
Amenities
water conditioner
walk-up attic
private deck
large yard
Building Details
Year Built
Buildings
Listing Agency:
Barragan Realty LLC
(856) 386-8040
Listed By:
Holly Wulderk-Ariza · License NJ #1222910
(856) 392-5224
Source:
Cummingsrealtors
Added: Sep 22
Changed: Nov 10
Last Checked: Nov 10 at 8:10AM
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 Barragan Realty LLC
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Investment Insights
Based on property information with market context.
This duplex contains two matching two-bedroom apartments, with 1,484 square feet of property size. One unit has been updated, while the second is tenant-ready. Each apartment has its own utilities, private entrance and off-street parking. Interior features include tiled bathrooms, newer vanities and open layouts. A walk-up attic, private upstairs deck and geothermal heating are also part of the property. The septic system dates to 2017, and a water conditioner is installed.
Set on more than an acre, the property includes a large yard. Schools, churches, shopping and public transportation are nearby. The building was constructed in 1820 and is located on a quiet street in Upper Deerfield Township.
Set on more than an acre, the property includes a large yard. Schools, churches, shopping and public transportation are nearby. The building was constructed in 1820 and is located on a quiet street in Upper Deerfield Township.
Key Highlights
- Two matching two‑bedroom apartments, each with separate utilities and a private entrance
- 1,484 square feet of property size
- Over an acre of property with a large yard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,299
Cap Rate
5.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$385,980
$386.0K
Cap Rate 7%
$275,700
$275.7K
Cap Rate 9%
$214,433
$214.4K
Market Conditions
NOI Build-Up for 1,484 SF
Gross rent
$29.4K $19.80/SF
− Vacancy
−$1.8K −$1.22/SF
EGI
$27.6K $18.58/SF
− OpEx
−$8.3K −$5.57/SF
NOI
$19.3K $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%
$385,980
Cap Rate 7%
$275,700
Cap Rate 9%
$214,433
Alternative Uses
Best Use
Multifamily LT 5
$275.7K
$241.2K – $321.7K
NOI $19,299 @ 7.0% cap · market cap 5.94%
Second Best
Apartment 5plus
$253.8K
$222.1K – $296.1K
NOI $17,766 @ 7.0% cap · market cap 5.47%
Theoretical Best
Specialty Retail
$297.0K
$259.9K – $346.5K
NOI $20,792 @ 7.0% cap · market cap 6.40%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
26
Businesses Nearby
Explore this area
Business Placement
Demographics for 08302, NJ
47,826
Population
16,038
Households
3
Avg Household Size
36
Median Age
13%
College-Educated
77%
High-School Grad
142.6 sq mi
ZIP Area
335
Density / Sq Mi
$60,301
Median Household Income
$34,137
Median Earnings
$1,351
Median Rent
$202,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Duplexes in Cumberland County, NJ
Properties on Market for Duplexes in Cumberland County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two matching two-bedroom apartments have separate utilities, entrances and off-street parking.
Where is this duplex located?
The property is located at 627 OLD DEERFIELD PIKE Bridgeton, NJ.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Two matching two‑bedroom apartments, each with separate utilities and a private entrance; 1,484 square feet of property size; Over an acre of property with a large yard
