Duplex With
For Sale
$499,900
725 ELDRIDGE AVENUE, Collingswood, NJ 08107
Both residences have individual washers and dryers, and one includes two additional flexible rooms.
Property Size2,205 SF
Price / SF$226.71
Days on Market14
Property Features for 725 ELDRIDGE AVENUE
General Information
Standard status
Active
Size
2,205 SF
Property subtype
Duplex
Units
Unit Mix
1 x 2BR/1BA, 1 x 2BR/1BA + 2 additional rooms
Multifamily Units
2
Amenities
washer/dryer in unit
hardwood flooring
stained glass windows
wraparound porch
yard
sunroom
Building Details
Year Built
1910
Buildings
1
Listing Agency:
Keller Williams - Main Street
(856) 858-2200
Listed By:
Paul J Ciervo
(856) 534-9123
Source:
Cummingsrealtors
Added: Sep 30
Changed: Oct 11
Last Checked: Oct 12 at 8:07PM
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 Keller Williams - Main Street
Investment Insights
Based on property information with market context.
This 2,205-square-foot duplex in Collingswood dates to 1910. One residence has two bedrooms and one bathroom; the other has the same bedroom and bathroom count plus two additional rooms. Each unit is equipped with its own washer and dryer. A sunroom, wraparound porch, and large yard add to the property’s residential features.
Recent improvements include a roof installed less than six months ago and a new boiler. Hardwood floors are found on the first floor, and stained glass windows provide additional architectural detail. The basement includes a French drain.
Recent improvements include a roof installed less than six months ago and a new boiler. Hardwood floors are found on the first floor, and stained glass windows provide additional architectural detail. The basement includes a French drain.
Key Highlights
- 2,205‑square‑foot duplex built in 1910
- Two‑bedroom, one‑bathroom unit plus a second unit with two additional rooms
- Separate washer and dryer in each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,077
Cap Rate
5.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$501,540
$501.5K
Cap Rate 7%
$358,243
$358.2K
Cap Rate 9%
$278,633
$278.6K
Market Conditions
NOI Build-Up for 2,205 SF
Gross rent
$37.8K $17.16/SF
− Vacancy
−$2.0K −$0.91/SF
EGI
$35.8K $16.25/SF
− OpEx
−$10.7K −$4.87/SF
NOI
$25.1K $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%
$501,540
Cap Rate 7%
$358,243
Cap Rate 9%
$278,633
Alternative Uses
Best Use
Multifamily LT 5
$358.2K
$313.5K – $418.0K
NOI $25,077 @ 7.0% cap · market cap 5.02%
Second Best
Apartment 5plus
$319.9K
$279.9K – $373.2K
NOI $22,393 @ 7.0% cap · market cap 4.48%
Theoretical Best
Office A
$559.1K
$489.2K – $652.3K
NOI $39,136 @ 7.0% cap · market cap 7.83%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
594
Businesses Nearby
Explore this area
Business Placement
Demographics for 08107, NJ
13,688
Population
6,180
Households
2.2
Avg Household Size
38
Median Age
36%
College-Educated
89%
High-School Grad
1.8 sq mi
ZIP Area
7,604
Density / Sq Mi
$70,262
Median Household Income
$44,771
Median Earnings
$1,257
Median Rent
$261,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Both residences have individual washers and dryers, and one includes two additional flexible rooms.
Where is this duplex located?
The property is located at 725 ELDRIDGE AVENUE Collingswood, NJ.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: 2,205‑square‑foot duplex built in 1910; Two‑bedroom, one‑bathroom unit plus a second unit with two additional rooms; Separate washer and dryer in each unit
