Fully Occupied Income
799 Bellevue Avenue Hammonton, NJ 08037
For Sale
$470,000
Duplex is fully occupied with tenants in good standing in Hammonton, with direct highway access and NJ Transit service.
Property Size2,085 SF
Price / SF$225.42
Days on Market123
Property Features for 799 Bellevue Avenue
General Information
Standard status
Active
Size
2,085 SF
Property subtype
Multi-family
Building Details
Year Built
1910
Listing Agency:
Sabal Real Estate
Listed By:
Jenifer Raffa
(800) 299-2129
Source:
Actionplusrealty
Added: Mar 30
Changed: Jul 25
Last Checked: Jul 29 at 12:35AM
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 Sabal Real Estate
Investment Insights
Based on property information with market context.
This fully occupied, income-producing duplex offers steady rental income with tenants in good standing. The property is described as well-maintained and suited to buyers seeking an income stream in place.
The duplex is located in Hammonton, NJ, with direct access to the Atlantic City Expressway, White Horse Pike (Route 30), and Route 206. NJ Transit commuter rail service connects riders to both Philadelphia and Atlantic City, supporting broader tenant appeal.
For buyers and investors, the property also presents an opportunity to review local conditions and potential development considerations with the municipality as the area continues to attract residential construction and reinvestment activity near the town center.
The duplex is located in Hammonton, NJ, with direct access to the Atlantic City Expressway, White Horse Pike (Route 30), and Route 206. NJ Transit commuter rail service connects riders to both Philadelphia and Atlantic City, supporting broader tenant appeal.
For buyers and investors, the property also presents an opportunity to review local conditions and potential development considerations with the municipality as the area continues to attract residential construction and reinvestment activity near the town center.
Key Highlights
- Fully occupied duplex with tenants in good standing
- Year built: 1910
- Located in Hammonton, NJ
Financial Insights For Multifamily LT 5
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 | $36.3k | $17.40 |
| − Vacancy | −$2.4k | −$1.13 |
| EGI | $33.9k | $16.27 |
| − OpEx | −$10.2k | −$4.88 |
| NOI | $23.7k | $11.39 |
2,085 SF · lease $17.40/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$339.2K
$296.8K – $395.8K
NOI $23,745 @ 7.0% cap · market cap 5.05%
Second Best
Apartment 5plus
$298.1K
$260.9K – $347.8K
NOI $20,870 @ 7.0% cap · market cap 4.44%
Theoretical Best
Warehouse
$776.4K
$679.4K – $905.9K
NOI $54,351 @ 7.0% cap · market cap 11.56%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Duplex is fully occupied with tenants in good standing in Hammonton, with direct highway access and NJ Transit service.
Where is this duplex located?
The property is located at 799 Bellevue Avenue Hammonton, NJ.
What is the asking price?
The asking price for this property is $470,000.
What are key features of this property?
This property features: Fully occupied duplex with tenants in good standing; Year built: 1910; Located in Hammonton, NJ
