Mixed-Use Duplex with Commercial
For Sale
$250,000
7508 MAPLE Avenue, Pennsauken, NJ 08109
MULTI_FAMILY - Colonial - PENNSAUKEN, NJ
Property Size1,700 SF
Price / SF$147.06
Days on Market105
Property Features for 7508 MAPLE Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Rooms
Basement
Parking features
On Street
Interior features
Bathroom - Tub Shower, Carpet, Floor Plan - Traditional
Appliances
Oven/Range - Gas, Range Hood, Refrigerator
Elementary school district
PENNSAUKEN TOWNSHIP PUBLIC SCHOOLS
Middle school district
PENNSAUKEN TOWNSHIP PUBLIC SCHOOLS
High school district
PENNSAUKEN TOWNSHIP PUBLIC SCHOOLS
Standard status
Active
Size
1,700 SF
Taxes and HOA fees
Tax Annual Amount
5439
Utilities
Heating system
Other (Heating)
Cooling system
Window Unit(s)
Building Details
Year built
1935
Number of units
1
Building materials
Frame
Architectural style
Colonial
Listing Agency:
RE/MAX Preferred - Sewell · RE/MAX International
(856) 589-4848
Listed By:
Austin J Reynolds · License #2561900
(856) 905-6894
Added: Apr 30
Changed: Aug 11
Last Checked: Aug 12 at 12:06AM
MLS# NJCD2116390
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 1,700-square-foot mixed-use duplex includes a vacant commercial space and a two-bedroom, one-bath apartment occupied by long-term tenants. The commercial area offers an unfinished interior for renovation, while the residential unit includes a traditional floor plan, carpet, a tub-and-shower bathroom, gas range, range hood, and refrigerator. The property is being sold as-is and includes a basement.
Constructed in 1935 with Colonial architecture and frame construction, the building has a roof replaced in 2021. Cooling is provided by window units, heating is listed as other, and parking is available on the street. The property is located one mile from Cherry Hill Mall in Pennsauken, New Jersey.
Constructed in 1935 with Colonial architecture and frame construction, the building has a roof replaced in 2021. Cooling is provided by window units, heating is listed as other, and parking is available on the street. The property is located one mile from Cherry Hill Mall in Pennsauken, New Jersey.
Key Highlights
- 1,700 SF mixed‑use duplex
- Vacant commercial space with renovation potential
- Two‑bedroom, one‑bath apartment with long‑term tenants
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
$19,334
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
7.73%
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%
$386,680
$386.7K
Cap Rate 7%
$276,200
$276.2K
Cap Rate 9%
$214,822
$214.8K
Market Conditions
NOI Build-Up for 1,700 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
$29.2K $17.16/SF
− Vacancy
−$1.6K −$0.91/SF
EGI
$27.6K $16.25/SF
− OpEx
−$8.3K −$4.87/SF
NOI
$19.3K $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%
$386,680
Cap Rate 7%
$276,200
Cap Rate 9%
$214,822
Alternative Uses
Best Use
Multifamily LT 5
$276.2K
$241.7K – $322.2K
NOI $19,334 @ 7.0% cap · market cap 7.73%
Second Best
Mixed Use
$254.1K
$222.3K – $296.4K
NOI $17,786 @ 7.0% cap · market cap 7.11%
Theoretical Best
Office A
$431.0K
$377.2K – $502.9K
NOI $30,173 @ 7.0% cap · market cap 12.07%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
544
Businesses Nearby
Explore this area
Business Placement
Demographics for 08109, NJ
23,306
Population
9,314
Households
2.5
Avg Household Size
41
Median Age
27%
College-Educated
86%
High-School Grad
4.8 sq mi
ZIP Area
4,855
Density / Sq Mi
$84,332
Median Household Income
$44,288
Median Earnings
$1,142
Median Rent
$227,200
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?
Mixed-use property - Two-unit property combines a vacant commercial area with an occupied two-bedroom apartment.
Where is this mixed-use property located?
The property is located at 7508 MAPLE Avenue Pennsauken, NJ.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 1,700 SF mixed‑use duplex; Vacant commercial space with renovation potential; Two‑bedroom, one‑bath apartment with long‑term tenants
