Updated Two-Unit
New
For Sale
$275,000
854 HADDON AVENUE, Camden, NJ 08103
Recently updated property with hardwood floors, large windows, and a kitchen featuring stainless steel appliances.
Property Size2,040 SF
Price / SF$134.80
Days on Market5
Property Features for 854 HADDON AVENUE
General Information
Standard status
Active
Size
2,040 SF
Property subtype
Duplex
Site & Location
Highway Access
Yes
Road Access
Yes
Public Transit
Yes
Units
Unit Mix
2 x 2BR
Multifamily Units
2
Amenities
covered front porch
hardwood floors
stainless steel appliances
Building Details
Year Built
1910
Buildings
1
Listing Agency:
KW Empower
(215) 410-1498
Listed By:
Ryan Emanuel
(215) 410-1498
Source:
Cummingsrealtors
Added: Aug 5
Changed: Aug 9
Last Checked: Aug 9 at 4:29AM
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
Investment Insights
Based on property information with market context.
This 2,040-square-foot duplex includes two 2-bedroom units in a property built in 1910. Recent updates include hardwood flooring, large windows, and a kitchen with stainless steel appliances, tile backsplash, and substantial wood cabinetry. A covered front porch adds exterior appeal and entry space.
Located at 854 Haddon Avenue in Camden, the property is near the Virtua Health System and nearby bus stops. The Walter Rand Transportation Center is 1 mile away, providing access to NJ Transit, PATCO to Philadelphia, and RiverLINE service. I-676 and the Ben Franklin Bridge offer highway connections, while the Haddon Avenue Improvement Project includes planned bike lanes and bus upgrades.
Located at 854 Haddon Avenue in Camden, the property is near the Virtua Health System and nearby bus stops. The Walter Rand Transportation Center is 1 mile away, providing access to NJ Transit, PATCO to Philadelphia, and RiverLINE service. I-676 and the Ben Franklin Bridge offer highway connections, while the Haddon Avenue Improvement Project includes planned bike lanes and bus upgrades.
Key Highlights
- Two 2‑bedroom units within a duplex
- 2,040‑square‑foot property built in 1910
- Recently updated with hardwood floors and large windows
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
$23,201
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
8.44%
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%
$464,020
$464.0K
Cap Rate 7%
$331,443
$331.4K
Cap Rate 9%
$257,789
$257.8K
Market Conditions
NOI Build-Up for 2,040 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
$35.0K $17.16/SF
− Vacancy
−$1.9K −$0.91/SF
EGI
$33.1K $16.25/SF
− OpEx
−$9.9K −$4.87/SF
NOI
$23.2K $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 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%
$464,020
Cap Rate 7%
$331,443
Cap Rate 9%
$257,789
Alternative Uses
Best Use
Multifamily LT 5
$331.4K
$290.0K – $386.7K
NOI $23,201 @ 7.0% cap · market cap 8.44%
Second Best
Apartment 5plus
$296.0K
$259.0K – $345.3K
NOI $20,717 @ 7.0% cap · market cap 7.53%
Theoretical Best
Office A
$517.3K
$452.6K – $603.5K
NOI $36,208 @ 7.0% cap · market cap 13.17%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2,595
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Recently updated property with hardwood floors, large windows, and a kitchen featuring stainless steel appliances.
Where is this duplex located?
The property is located at 854 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 2‑bedroom units within a duplex; 2,040‑square‑foot property built in 1910; Recently updated with hardwood floors and large windows
