Updated Two-Unit
New
For Sale
$359,000
9 COTTAGE GATE ROAD, Sicklerville, NJ 08081
Updated interiors include in-unit laundry, fireplaces, and basement access for the first-floor residence.
Property Size2,048 SF
Price / SF$175.29
Days on Market4
Property Features for 9 COTTAGE GATE ROAD
General Information
Standard status
Active
Size
2,048 SF
Property subtype
Duplex
Building Details
Year Built
1980
Listing Agency:
BHHS Fox & Roach - Robbinsville
(609) 890-3300
Listed By:
Kameesha T Saunders · License #677666
(732) 921-7995
Source:
Cummingsrealtors
Added: Sep 19
Changed: Sep 21
Last Checked: Sep 22 at 3:57PM
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 BHHS Fox & Roach - Robbinsville
Investment Insights
Based on property information with market context.
This 2,048-square-foot duplex, built in 1980, contains two residential units with matching layouts of 2 bedrooms and 1 bath. Both residences feature open-concept living areas, refreshed finishes, storage, and in-unit washer and dryer connections. Each unit also has a fireplace, while the first-floor residence includes basement access for additional storage or flexible use.
The property at 9 Cottage Gate Road in Sicklerville, NJ, includes a large backyard for outdoor activities and gatherings. Shopping, dining, and major highways are located nearby, providing access to everyday services and commuting routes.
The property at 9 Cottage Gate Road in Sicklerville, NJ, includes a large backyard for outdoor activities and gatherings. Shopping, dining, and major highways are located nearby, providing access to everyday services and commuting routes.
Key Highlights
- Two‑unit duplex with 2,048 square feet of living area
- Each unit offers 2 bedrooms and 1 bath
- Updated finishes with open‑concept layouts
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
$23,292
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
6.49%
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%
$465,840
$465.8K
Cap Rate 7%
$332,743
$332.7K
Cap Rate 9%
$258,800
$258.8K
Market Conditions
NOI Build-Up for 2,048 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
$35.1K $17.16/SF
− Vacancy
−$1.9K −$0.91/SF
EGI
$33.3K $16.25/SF
− OpEx
−$10.0K −$4.87/SF
NOI
$23.3K $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%
$465,840
Cap Rate 7%
$332,743
Cap Rate 9%
$258,800
Alternative Uses
Best Use
Multifamily LT 5
$332.7K
$291.2K – $388.2K
NOI $23,292 @ 7.0% cap · market cap 6.49%
Second Best
Apartment 5plus
$297.1K
$260.0K – $346.7K
NOI $20,799 @ 7.0% cap · market cap 5.79%
Theoretical Best
Office A
$519.3K
$454.4K – $605.8K
NOI $36,350 @ 7.0% cap · market cap 10.13%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
125
Businesses Nearby
Explore this area
Business Placement
Demographics for 08081, NJ
50,601
Population
18,361
Households
2.8
Avg Household Size
39
Median Age
35%
College-Educated
94%
High-School Grad
25.2 sq mi
ZIP Area
2,008
Density / Sq Mi
$102,924
Median Household Income
$51,734
Median Earnings
$1,551
Median Rent
$262,200
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 - Updated interiors include in-unit laundry, fireplaces, and basement access for the first-floor residence.
Where is this duplex located?
The property is located at 9 COTTAGE GATE ROAD Sicklerville, NJ.
What is the asking price?
The asking price for this property is $359,000.
What are key features of this property?
This property features: Two‑unit duplex with 2,048 square feet of living area; Each unit offers 2 bedrooms and 1 bath; Updated finishes with open‑concept layouts
