Duplex with Wraparound
New
For Sale
$499,900
725 ELDRIDGE Avenue, Collingswood, NJ 08107
Multi-Family, COLLINGSWOOD, NJ
Property Size2,205 SF
Lot Size0.20 Acres
Price / SF$226.71
Days on Market3
Property Features for 725 ELDRIDGE Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Rooms
Basement
Parking features
Driveway
Interior features
2nd Kitchen, Kitchen - Eat-In
Appliances
Dishwasher, Refrigerator, Washer, Washer/Dryer Stacked, Range Hood, WaterHeater, Stove
Subdivision
NONE AVAILABLE
Elementary school
THOMAS SHARP
Middle school
COLLINGSWOOD
High school
COLLINGSWOOD
Elementary school district
COLLINGSWOOD BOROUGH
Middle school district
COLLINGSWOOD BOROUGH
High school district
COLLINGSWOOD BOROUGH
Standard status
Active
Size
2,205 SF
Lot size
0.20 Acres
Taxes and HOA fees
Tax Annual Amount
10336
Utilities
Heating system
Hot Water(Heating)
Cooling system
Central Air
Amenities
washer and dryer
wraparound porch
large yard
sunroom
Building Details
Year built
1910
Number of units
1
Building materials
Frame
Listing Agency:
Keller Williams - Main Street
(856) 858-2200
Listed By:
Paul J Ciervo · License #9589168
(856) 534-9123
Added: Sep 30
Changed: Oct 1
Last Checked: Oct 2 at 5:06PM
MLS# NJCD2127782
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.
Investment Insights
Based on property information with market context.
This 2,205-square-foot duplex contains two 2-bedroom, 1-bathroom units. The second residence also includes two additional rooms. Both units have their own washer and dryer, and the interior includes a second kitchen and an eat-in kitchen. Hardwood floors are present on the first floor, alongside stained-glass windows. A new roof installed less than six months ago and a new boiler are among the recent improvements.
The property also features a wraparound porch, sunroom, large yard, driveway parking, and a basement with a French drain. Built in 1910, the frame structure sits on a 0.2009-acre lot in Collingswood, New Jersey.
The property also features a wraparound porch, sunroom, large yard, driveway parking, and a basement with a French drain. Built in 1910, the frame structure sits on a 0.2009-acre lot in Collingswood, New Jersey.
Key Highlights
- Two units, each with 2 bedrooms and 1 bathroom
- Second unit includes two additional rooms
- Washer and dryer provided in each unit
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$25,077
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.02%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
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.
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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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.
Property Analytics
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Open 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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
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 - Two separate residences offer laundry appliances in each unit, with additional rooms in the larger layout.
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: Two units, each with 2 bedrooms and 1 bathroom; Second unit includes two additional rooms; Washer and dryer provided in each unit
