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Renovated Duplex With Two Units
For Sale
$275,000

836 Haddon Avenue, Camden, NJ 08103

Two updated residential units provide a renovated configuration with existing tenants and separate two-bedroom, one-bath layouts.

Property Size1,925 SF
Price / SF$142.86
Days on Market318

Property Features for 836 Haddon Avenue

General Information

Standard status Active
Size 1,925 SF
Property subtype Multi-Family / Fee Simple
Zoning RES

Site & Location

Highway Access Yes
Public Transit Yes

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $1,165

Amenities

No
Range Hood, Refrigerator, Water Heater
No Pool
Above Grade, Below Grade

Building Details

Year Built 1910
Listing Agency: KW Philly
Listed By: Ryan Emanuel · License #1757085
Source: Compass
Added: Oct 18, 2025 Changed: Aug 30 Last Checked: Aug 30 at 6:29PM

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 KW Philly

Investment Insights

Based on property information with market context.

This duplex contains 1,925 square feet with two recently renovated apartments, each arranged with two bedrooms and one bathroom. Fresh interior finishes, updated appliances, a range hood, refrigerator, and water heater are included. The property was built in 1910 and is zoned RES, with above-grade and below-grade areas and no pool. Existing tenants are in place.

Located at 836 Haddon Avenue in Camden, the property is near bus stops and approximately 1 mile from the Walter Rand Transportation Center, providing access to NJ Transit, PATCO, and RiverLINE services. I-676 and the Ben Franklin Bridge offer connections toward Philadelphia. The Haddon Avenue Improvement Project includes planned safety, walkability, bike-lane, and bus-service enhancements.

Key Highlights

  • Two‑unit duplex with 1,925 square feet
  • Each unit has 2 bedrooms and 1 bathroom
  • Recently renovated with fresh finishes and updated appliances

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$21,893
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.96%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$437,860 $437.9K
Cap Rate 7%
$312,757 $312.8K
Cap Rate 9%
$243,256 $243.3K
Market Conditions
NOI Build-Up for 1,925 SF 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.
Gross rent
$33.0K $17.16/SF
− Vacancy
−$1.8K −$0.91/SF
EGI
$31.3K $16.25/SF
− OpEx
−$9.4K −$4.87/SF
NOI
$21.9K $11.37/SF
Area
Camden County, NJ
Vacancy
5.32%
Lease Rate
$17.16 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$437,860
Cap Rate 7%
$312,757
Cap Rate 9%
$243,256

Alternative Uses

Best Use
Multifamily LT 5
$312.8K
$273.7K – $364.9K (±1% cap)
NOI $21,893 @ 7.0% cap · market cap 7.96%
Second Best
Apartment 5plus
$279.3K
$244.4K – $325.8K (±1% cap)
NOI $19,549 @ 7.0% cap · market cap 7.11%
Theoretical Best
Office A
$488.1K
$427.1K – $569.5K (±1% cap)
NOI $34,167 @ 7.0% cap · market cap 12.42%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Electrical Service (Bike/Boat/Book/etc) Store Acupuncture Garden Center Tech Support Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,507
Businesses Nearby

Demographics for 08103, NJ

12,862
Population
5,384
Households
2.4
Avg Household Size
34
Median Age
10%
College-Educated
71%
High-School Grad
2.1 sq mi
ZIP Area
6,125
Density / Sq Mi
$37,563
Median Household Income
$26,402
Median Earnings
$1,203
Median Rent
$103,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two updated residential units provide a renovated configuration with existing tenants and separate two-bedroom, one-bath layouts.
Where is this duplex located?
The property is located at 836 Haddon Avenue Camden, NJ.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Two‑unit duplex with 1,925 square feet; Each unit has 2 bedrooms and 1 bathroom; Recently renovated with fresh finishes and updated appliances
More about this property
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