Duplex with Off-Street
812 E ELMER Street, Vineland, NJ 08360
For Sale
New
$324,000
Multi-Family, VINELAND, NJ
Property Size1,649 SF
Lot Size0.11 Acres
Price / SF$196.48
Days on Market1
Property Features for 812 E ELMER Street
General Information
Property type
Property subtype
Rooms
Parking features
Subdivision
Elementary school district
Middle school district
High school district
Standard status
Size
Lot size
Taxes and HOA fees
Tax Annual Amount
Utilities
Heating system
Cooling system
Building Details
Year built
Number of units
Building materials
Architectural style
Listing Agency:
Keller Williams Prime Realty · Keller Williams Realty
(856) 362-5072
Listed By:
Digna Vasquez · License NJ #2445196
(856) 484-6417
Added: Nov 13
Last Checked: Nov 13 at 11:06PM
MLS# NJCB2033854
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.
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Investment Insights
Based on property information with market context.
Built in 1925, this frame duplex contains 1,649 square feet of finished space on a 0.1148-acre lot. The property includes a basement and off-street parking. Heating is provided by forced air and another heating system; cooling includes central air and window units. The property is being sold as-is.
Shopping, schools, restaurants, and public transportation are nearby.
Shopping, schools, restaurants, and public transportation are nearby.
Key Highlights
- 1,649 square feet of finished space in a duplex
- 0.1148‑acre lot with off‑street parking
- Built in 1925 with frame construction
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,445
Cap Rate
6.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$428,900
$428.9K
Cap Rate 7%
$306,357
$306.4K
Cap Rate 9%
$238,278
$238.3K
Market Conditions
NOI Build-Up for 1,649 SF
Gross rent
$32.7K $19.80/SF
− Vacancy
−$2.0K −$1.22/SF
EGI
$30.6K $18.58/SF
− OpEx
−$9.2K −$5.57/SF
NOI
$21.4K $13.00/SF
Area
Cumberland County, NJ
Vacancy
6.17%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$428,900
Cap Rate 7%
$306,357
Cap Rate 9%
$238,278
Alternative Uses
Best Use
Multifamily LT 5
$306.4K
$268.1K – $357.4K
NOI $21,445 @ 7.0% cap · market cap 6.62%
Second Best
Apartment 5plus
$282.0K
$246.8K – $329.0K
NOI $19,741 @ 7.0% cap · market cap 6.09%
Theoretical Best
Specialty Retail
$330.1K
$288.8K – $385.1K
NOI $23,104 @ 7.0% cap · market cap 7.13%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,128
Businesses Nearby
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Business Placement
Demographics for 08360, NJ
43,043
Population
16,797
Households
2.6
Avg Household Size
38
Median Age
17%
College-Educated
79%
High-School Grad
44.3 sq mi
ZIP Area
972
Density / Sq Mi
$62,604
Median Household Income
$37,236
Median Earnings
$1,164
Median Rent
$199,600
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Vineland, NJ
Properties on Market for Duplexes in Vineland
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - The property includes a basement, frame construction, and access to shopping, schools, dining, and public transportation.
Where is this duplex located?
The property is located at 812 E ELMER Street Vineland, NJ.
What is the asking price?
The asking price for this property is $324,000.
What are key features of this property?
This property features: 1,649 square feet of finished space in a duplex; 0.1148‑acre lot with off‑street parking; Built in 1925 with frame construction
