Fully Occupied Mixed-Use
75-77 Ellis Street Haddonfield, NJ 08033
For Sale
$880,000
Pending
Fully occupied mixed-use property with two commercial units and one leased residential unit through 2025.
Property Size4,100 SF
Days on Market134
Property Features for 75-77 Ellis Street
General Information
- Standard status
- Pending
- Size
- 4,100 SF
- Property subtype
- Mixed Use
Building Details
- Year Built
- 1951
Listing Agency:
Compass
(646) 784-9301
Listed By:
Michael Minghenelli · License #2082034
(646) 784-9301
Source:
Compass
Added: Mar 13
Changed: Jul 23
Last Checked: Jul 23 at 12:09PM
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 Compass
Investment Insights
Based on property information with market context.
This fully occupied mixed-use property includes three income-generating units. Unit 1 is a salon under lease through September 30, 2025. Unit 2 is a professional doctor’s office under lease through September 30, 2025. Unit 3 is a spacious 3-bedroom, 1.5-bathroom residential unit leased through December 31, 2025.
The property is situated on a high-visibility corner lot on Ellis Street, described as being just moments from Downtown Haddonfield.
The asset is presented as a three-unit mixed-use investment with existing in-place leases across both commercial and residential uses.
The property is situated on a high-visibility corner lot on Ellis Street, described as being just moments from Downtown Haddonfield.
The asset is presented as a three-unit mixed-use investment with existing in-place leases across both commercial and residential uses.
Key Highlights
- Fully occupied mixed‑use property with three leased income units: two commercial and one residential unit
- Unit 1: salon leased through September 30, 2025 at $1,250/month
- Unit 2: doctor’s office leased through September 30, 2025 at $900/month
Financial Insights For Office B
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 | $90.0k | $21.96 |
| − Vacancy | −$13.3k | −$3.25 |
| EGI | $76.7k | $18.71 |
| − OpEx | −$19.2k | −$4.68 |
| NOI | $57.5k | $14.03 |
4,100 SF · lease $21.96/SF/yr · vacancy 14.80% · expense 25.00%
Alternative Uses
Best Use
Office B
$821.9K
$719.2K – $958.9K
NOI $57,533 @ 7.0% cap · market cap 6.54%
Second Best
Healthcare Medical
$718.6K
$628.8K – $838.4K
NOI $50,302 @ 7.0% cap · market cap 5.72%
Theoretical Best
Office A
$1.04M
$909.6K – $1.21M
NOI $72,770 @ 7.0% cap · market cap 8.27%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Medical Office Space
FAQs
What type of property is this?
Mixed-use property - Fully occupied mixed-use property with two commercial units and one leased residential unit through 2025.
Where is this mixed-use property located?
The property is located at 75-77 Ellis Street Haddonfield, NJ.
What is the asking price?
The asking price for this property is $880,000.
What are key features of this property?
This property features: Fully occupied mixed‑use property with three leased income units: two commercial and one residential unit; Unit 1: salon leased through September 30, 2025 at $1,250/month; Unit 2: doctor’s office leased through September 30, 2025 at $900/month
