7924 RIVER Road, Pennsauken, NJ 08110
MULTI_FAMILY - Cape Cod - PENNSAUKEN, NJ
- Added:
- Jun 29, 2026
- Days on Market:
- 8
- Last Refresh:
- Jul 6 at 10:06 pm
Property Features for 7924 RIVER Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking features
- Off Street, Driveway
- Standard status
- Active
- Size
- 1,298 SF
- Lot size
- 0.14 Acres
Taxes and HOA fees
- Tax Annual Amount
- 4916
Utilities
- Heating system
- Forced Air
- Cooling system
- Window Unit(s)
Building Details
- Year built
- 1930
- Number of units
- 1
- Building materials
- Frame
- Architectural style
- Cape Cod
Listing agent Lisa Darji License #2336835 (856) 770-4736
Listing office Keller Williams - Main Street 983 Haddon Avenue, Collingswood or Haddon Heights, NJ (856) 858-2200
Listing date Jun 29, 2026
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.
HighLights
- Cape Cod home built in 1930 with frame construction
- 4 bedrooms and a full basement
- Heating: forced air; cooling: window unit(s)
- Off‑street parking plus driveway
- Sold strictly as‑is; property needs extensive repair
Overview
The property is located in Pennsauken, NJ, with access to public transportation and bridges noted in the remarks, which may support commuter-oriented use.
For investors and buyers prepared to complete necessary rehabilitation, this offering presents a straightforward residential income asset with a defined bedroom configuration, full basement space, and off-street parking. Because the property requires significant work and is subject to as-is sale terms, due diligence is essential, including verifying all occupancy, condition, and compliance items prior to closing.
Local Financial Insights For Apartment 5plus
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 | $25.4k | $19.56 |
| − Vacancy | −$1.4k | −$1.10 |
| EGI | $24.0k | $18.46 |
| − OpEx | −$10.8k | −$8.31 |
| NOI | $13.2k | $10.16 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Pennsauken
- County
- Camden
- State
- New Jersey
- Longitude
- -75.05285
- Latitude
- 39.98041
