Updated Two-Unit
848 HADDON AVE, Camden, NJ 08103
For Sale
$260,000
Both residences have two bedrooms, one bathroom, hardwood flooring, stainless steel appliances, and central air.
Property Size1,600 SF
Price / SF$162.50
Days on Market22
Property Features for 848 HADDON AVE
General Information
Standard status
Size
Property subtype
Site & Location
Highway Access
Road Access
Public Transit
Units
Unit Mix
Multifamily Units
Amenities
hardwood floors
recessed lighting
stainless steel appliances
tile backsplash
wooden cabinetry
central air
Listing Agency:
KW Empower
(215) 627-3500
Listed By:
Ryan Emanuel · License #RS333581
(215) 410-1498
Source:
Keygroupmd
Added: Oct 19
Changed: Nov 7
Last Checked: Nov 8 at 5:34AM
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 Empower
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,600-square-foot duplex contains two residences, each configured with two bedrooms and one bathroom. Interior features include hardwood floors, recessed lighting, stainless steel appliances, tile backsplashes, and built-in wooden cabinetry. Central air serves the property, which has undergone updates.
Bus stops are nearby, and the Walter Rand Transportation Center is 1 mile away, with NJ Transit, PATCO, and RiverLINE service. I-676 and the Ben Franklin Bridge provide additional regional connections.
Bus stops are nearby, and the Walter Rand Transportation Center is 1 mile away, with NJ Transit, PATCO, and RiverLINE service. I-676 and the Ben Franklin Bridge provide additional regional connections.
Key Highlights
- Two 2‑bedroom, 1‑bathroom residences
- 1,600 square feet
- Hardwood floors, recessed lighting, and stainless steel appliances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,197
Cap Rate
7.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$363,940
$363.9K
Cap Rate 7%
$259,957
$260.0K
Cap Rate 9%
$202,189
$202.2K
Market Conditions
NOI Build-Up for 1,600 SF
Gross rent
$27.5K $17.16/SF
− Vacancy
−$1.5K −$0.91/SF
EGI
$26.0K $16.25/SF
− OpEx
−$7.8K −$4.87/SF
NOI
$18.2K $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 Rate 5%
$363,940
Cap Rate 7%
$259,957
Cap Rate 9%
$202,189
Alternative Uses
Best Use
Multifamily LT 5
$260.0K
$227.5K – $303.3K
NOI $18,197 @ 7.0% cap · market cap 7.00%
Second Best
Apartment 5plus
$232.1K
$203.1K – $270.8K
NOI $16,249 @ 7.0% cap · market cap 6.25%
Theoretical Best
Office A
$405.7K
$355.0K – $473.3K
NOI $28,398 @ 7.0% cap · market cap 10.92%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2,283
Businesses Nearby
Explore this area
Business Placement
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
$103,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Duplexes in Camden, NJ
Properties on Market for Duplexes in Camden
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences have two bedrooms, one bathroom, hardwood flooring, stainless steel appliances, and central air.
Where is this duplex located?
The property is located at 848 HADDON AVE Camden, NJ.
What is the asking price?
The asking price for this property is $260,000.
What are key features of this property?
This property features: Two 2‑bedroom, 1‑bathroom residences; 1,600 square feet; Hardwood floors, recessed lighting, and stainless steel appliances
