Vineland Duplex Rancher Investment
882 Sawyer Avenue Vineland, NJ 08360
882 Sawyer Avenue, Vineland, NJ, 08360
$334,000
For Sale
$334,000
Side-by-side duplex rancher, ideal for investors or owner-occupants.
Property Size1,368 SF
Price / SF$244.15
Days on Market130
Property Features for 882 Sawyer Avenue
General Information
- Standard status
- Active
- Size
- 1,368 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1952
Listing Agency
S. Kelly Real Estate LLC
(856) 332-8583
Listed by
Jacqueline Capoferri · License #1541079
(856) 332-8583
Source
Compass
Added: Mar 13 Updated: Jul 10 at 12:22 pm Checked: Jul 20 at 3:43 am
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 S. Kelly Real Estate LLC
Investment Insights
Based on property information with market context.
This side-by-side duplex rancher in Vineland presents an investment opportunity. The main unit features three bedrooms and one full bathroom, a spacious living room, a formal dining room, and a full kitchen. Two bedrooms and the bathroom are located on the main floor. The finished lower level includes a third bedroom, a sitting area, and a separate utility room with washer and dryer hookups. A breezeway connects to the attached garage. The second unit is a studio-style apartment with its own private entrance and separate utilities and meters. Both units are currently tenant-occupied on month-to-month leases. The property also includes a shed and driveway parking for the main unit, with street parking available for the studio. The property is located in Vineland City, Cumberland County, within the CITY OF VINELAND BOARD OF EDUCATION school district.
Key Highlights
- Side‑by‑side duplex rancher ideal for investors or owner‑occupants seeking rental income.
- Main unit: 3 bedrooms, 1 bathroom, spacious living areas, and finished lower level.
- Studio apartment unit with private entrance and separate utilities/meters.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $27.1k | $19.80 |
| − Vacancy | −$1.7k | −$1.22 |
| EGI | $25.4k | $18.58 |
| − OpEx | −$7.6k | −$5.57 |
| NOI | $17.8k | $13.00 |
1,368 SF · lease $19.80/SF/yr · vacancy 6.17% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$254.2K
$222.4K – $296.5K
NOI $17,791 @ 7.0% cap · market cap 5.33%
Second Best
Apartment 5plus
$234.0K
$204.7K – $273.0K
NOI $16,377 @ 7.0% cap · market cap 4.90%
Theoretical Best
Office A
$2.05M
$1.80M – $2.40M
NOI $143,784 @ 7.0% cap · market cap 43.05%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Side-by-side duplex rancher, ideal for investors or owner-occupants.
Where is this duplex located?
The property is located at 882 Sawyer Avenue Vineland, NJ.
What is the asking price?
The asking price for this property is $334,000.
What are key features of this property?
This property features: Side‑by‑side duplex rancher ideal for investors or owner‑occupants seeking rental income.; Main unit: **3 bedrooms, 1 bathroom, spacious living areas, and finished lower level.**; Studio apartment unit with private entrance and separate utilities/meters.
