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Two-Unit Duplex
For Sale
Under Contract
$305,000

827 N BROAD Street, Woodbury, NJ 08096

Multi-Family, WOODBURY, NJ

Property Size1,772 SF
Lot Size0.13 Acres
Price / SF$172.12
Days on Market21

Property Features for 827 N BROAD Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Rooms Basement
Parking 2
Parking features Driveway, On Street
Elementary school district WOODBURY PUBLIC SCHOOLS
Middle school district WOODBURY PUBLIC SCHOOLS
High school district WOODBURY PUBLIC SCHOOLS
Standard status Active Under Contract
Size 1,772 SF
Lot size 0.13 Acres

Taxes and HOA fees

Tax Annual Amount 5667

Utilities

Heating system Other (Heating)
Cooling system Window Unit(s)

Building Details

Year built 1920
Number of units 2
Building materials Frame
Architectural style Other
Listing Agency: Sureway Realty
Listed By: Brian Callahan
Added: Oct 2 Changed: Oct 21 Last Checked: Oct 22 at 10:06PM
MLS# NJGL2079156

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.

This 1,772-square-foot frame duplex, built in 1920, contains two apartments on a 0.1336-acre lot. The first-floor residence has 1 bedroom and 1 full bathroom; the second-floor residence has 2 bedrooms and 1 full bathroom. Both units are occupied by tenants on month-to-month leases. Window-unit cooling is installed, and the property includes a basement.

The property is located at 827 N Broad Street in Woodbury, New Jersey. Parking options include a driveway and on-street parking.

Key Highlights

  • Two apartments: a first‑floor 1‑bedroom, 1‑bath unit and a second‑floor 2‑bedroom, 1‑bath unit
  • Both units occupied by tenants on month‑to‑month leases
  • 1,772 square feet on a 0.1336‑acre lot

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$23,283
Cap Rate
7.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$465,660 $465.7K
Cap Rate 7%
$332,614 $332.6K
Cap Rate 9%
$258,700 $258.7K
Market Conditions
NOI Build-Up for 1,772 SF
Gross rent
$35.1K $19.80/SF
− Vacancy
−$1.8K −$1.03/SF
EGI
$33.3K $18.77/SF
− OpEx
−$10.0K −$5.63/SF
NOI
$23.3K $13.14/SF
Area
Gloucester County, NJ
Vacancy
5.20%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$465,660
Cap Rate 7%
$332,614
Cap Rate 9%
$258,700

Alternative Uses

Best Use
Multifamily LT 5
$332.6K
$291.0K – $388.1K (±1% cap)
NOI $23,283 @ 7.0% cap · market cap 7.63%
Second Best
Apartment 5plus
$295.9K
$258.9K – $345.2K (±1% cap)
NOI $20,712 @ 7.0% cap · market cap 6.79%
Theoretical Best
Office A
$595.6K
$521.2K – $694.9K (±1% cap)
NOI $41,695 @ 7.0% cap · market cap 13.67%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

781
Businesses Nearby

Demographics for 08096, NJ

36,355
Population
15,013
Households
2.4
Avg Household Size
41
Median Age
30%
College-Educated
92%
High-School Grad
13.9 sq mi
ZIP Area
2,615
Density / Sq Mi
$89,483
Median Household Income
$49,480
Median Earnings
$1,446
Median Rent
$248,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Both apartments are occupied under month-to-month leases, with separate layouts across the first and second floors.
Where is this duplex located?
The property is located at 827 N BROAD Street Woodbury, NJ.
What is the asking price?
The asking price for this property is $305,000.
What are key features of this property?
This property features: Two apartments: a first‑floor 1‑bedroom, 1‑bath unit and a second‑floor 2‑bedroom, 1‑bath unit; Both units occupied by tenants on month‑to‑month leases; 1,772 square feet on a 0.1336‑acre lot
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