Two-Unit
New
For Sale
$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 Market5
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
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
(856) 552-0505
Listed By:
Brian Callahan
(267) 772-4173
Added: Oct 2
Changed: Oct 5
Last Checked: Oct 6 at 11:06AM
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.
Investment Insights
Based on property information with market context.
At 827 N Broad Street in Woodbury, this frame duplex contains 1,772 square feet across two apartments. The first-floor unit has one bedroom and one full bathroom; the second-floor apartment includes two bedrooms and one full bathroom. The property was built in 1920 and sits on a 0.1336-acre lot.
Window unit(s) provide cooling, and the property has a basement. Parking options include a driveway and on-street spaces. Both apartments are occupied by tenants with month-to-month leases.
Window unit(s) provide cooling, and the property has a basement. Parking options include a driveway and on-street spaces. Both apartments are occupied by tenants with month-to-month leases.
Key Highlights
- Two apartments: one with 1 bedroom and 1 full bathroom; the other with 2 bedrooms and 1 full bathroom
- 1,772 square feet in a frame building constructed in 1920
- 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
NOI $23,283 @ 7.0% cap · market cap 7.63%
Second Best
Apartment 5plus
$295.9K
$258.9K – $345.2K
NOI $20,712 @ 7.0% cap · market cap 6.79%
Theoretical Best
Office A
$595.6K
$521.2K – $694.9K
NOI $41,695 @ 7.0% cap · market cap 13.67%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
781
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Both apartments are occupied under month-to-month tenancies, with distinct one- and two-bedroom floor plans.
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: one with 1 bedroom and 1 full bathroom; the other with 2 bedrooms and 1 full bathroom; 1,772 square feet in a frame building constructed in 1920; 0.1336‑acre lot
