Downtown Mixed-Use Brick
For Sale
$675,000
77 E MAIN STREET, Marlton, NJ 08053
Detached brick property combines a residential layout with dedicated commercial space and flexible interior areas.
Property Size3,700 SF
Lot Size0.43 Acres
Price / SF$182.43
Days on Market10
Property Features for 77 E MAIN STREET
General Information
Standard status
Active
Size
3,700 SF
Lot size
0.43 Acres
Property subtype
Commercial
Amenities
hardwood flooring
gas fireplace
cedar closets
balcony
patio
exterior lighting
Building Details
Year Built
1934
Construction
brick
Listing Agency:
Compass New Jersey, LLC - Moorestown
(856) 214-2639
Listed By:
Valerie Bertsch
(609) 410-1763
Source:
Cummingsrealtors
Added: Sep 11
Changed: Sep 19
Last Checked: Sep 19 at 10:22AM
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 New Jersey, LLC - Moorestown
Investment Insights
Based on property information with market context.
Built in 1934, this detached brick mixed-use property combines a residential residence with a commercial component. The residential side includes 4 bedrooms, 3 full baths, hardwood floors, an eat-in kitchen with built-in cabinetry and pantry storage, and a gas fireplace. The commercial portion includes multiple rooms and a half bath, creating distinct space within the overall layout.
Additional features include a finished basement with an outside entrance, double staircase, cedar closets, balcony, patio, landscaped grounds, exterior lighting, and included kitchen appliances. A detached garage accommodates two vehicles, with additional driveway and on-street parking. The property is located in downtown Marlton near local amenities, parks, and greenbelts.
Additional features include a finished basement with an outside entrance, double staircase, cedar closets, balcony, patio, landscaped grounds, exterior lighting, and included kitchen appliances. A detached garage accommodates two vehicles, with additional driveway and on-street parking. The property is located in downtown Marlton near local amenities, parks, and greenbelts.
Key Highlights
- Mixed‑use property at 77 E MAIN STREET, MARLTON, NJ 08053
- Built in 1934 on a 0.43‑acre lot
- Residential side includes 4 bedrooms and 3 full baths
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
$38,711
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
5.73%
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%
$774,220
$774.2K
Cap Rate 7%
$553,014
$553.0K
Cap Rate 9%
$430,122
$430.1K
Market Conditions
NOI Build-Up for 3,700 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
$66.6K $18.00/SF
− Vacancy
−$4.7K −$1.26/SF
EGI
$61.9K $16.74/SF
− OpEx
−$23.2K −$6.28/SF
NOI
$38.7K $10.46/SF
Area
Camden County, NJ
Vacancy
7.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
37.50%
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%
$774,220
Cap Rate 7%
$553,014
Cap Rate 9%
$430,122
Alternative Uses
Best Use
Mixed Use
$553.0K
$483.9K – $645.2K
NOI $38,711 @ 7.0% cap · market cap 5.73%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$938.2K
$820.9K – $1.09M
NOI $65,671 @ 7.0% cap · market cap 9.73%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
962
Businesses Nearby
Explore this area
Business Placement
Demographics for 08053, NJ
46,826
Population
20,090
Households
2.3
Avg Household Size
43
Median Age
53%
College-Educated
98%
High-School Grad
29.2 sq mi
ZIP Area
1,604
Density / Sq Mi
$116,745
Median Household Income
$67,439
Median Earnings
$1,939
Median Rent
$368,100
Median Home Value
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Detached brick property combines a residential layout with dedicated commercial space and flexible interior areas.
Where is this mixed-use property located?
The property is located at 77 E MAIN STREET Marlton, NJ.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Mixed‑use property at 77 E MAIN STREET, MARLTON, NJ 08053; Built in 1934 on a 0.43‑acre lot; Residential side includes 4 bedrooms and 3 full baths
