Building Details

Building Size 1,132 SF

Year Built 1970

Listing Agency: Compass Pennsylvania, LLC

Listed By: Alexia Noelle Bevilacqua · License #2191210 Show Phone

Source: Brucerealty

Added: Oct 12 Changed: Oct 15 Last Checked: Oct 15 at 2:21AM

Report an Issue

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 Compass Pennsylvania, LLC

Ask AI about this property

Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Investment Insights

Based on property information with market context.

This first-floor corner unit offers two bedrooms and two full bathrooms in a functional residential layout. The living area includes a fireplace, and a private rear patio extends the unit’s usable outdoor space. Two outdoor storage sheds and on-site parking are also included.

Built in 1970, the property is located in Pine Hill, New Jersey, near shopping, dining, and major roadways.

Key Highlights

• First‑floor corner unit with 2 bedrooms and 2 full bathrooms
• Fireplace in the living area
• Private back patio

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$11,496

Cap Rate

5.78%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$229,920 $229.9K

Cap Rate 7%

$164,229 $164.2K

Cap Rate 9%

$127,733 $127.7K

Is this asking price fair?

Market Conditions

NOI Build-Up for 1,132 SF

Gross rent

$22.1K $19.56/SF

− Vacancy

−$1.2K −$1.10/SF

EGI

$20.9K $18.46/SF

− OpEx

−$9.4K −$8.31/SF

NOI

$11.5K $10.16/SF

Area

Camden County, NJ

Vacancy

5.60%

Lease Rate

$19.56 /SF/Yr

Expense Ratio

45.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$229,920

Cap Rate 7%

$164,229

Cap Rate 9%

$127,733

Alternative Uses

Best Use

Apartment 5plus

$164.2K

$143.7K – $191.6K (±1% cap)

NOI $11,496 @ 7.0% cap · market cap 5.78%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$287.0K

$251.2K – $334.9K (±1% cap)

NOI $20,092 @ 7.0% cap · market cap 10.10%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence

Open Analytics

Current Use

Residential income properties

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Law Firm Auto Parts Store Restaurant Parking Lot & Garage

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

1

Residential units

Location Intelligence

Trade Area within ½ mile

107

Businesses Nearby

Explore this area Business Placement

Demographics for 08021, NJ

51,458

Population

22,195

Households

2.3

Avg Household Size

37

Median Age

25%

College-Educated

90%

High-School Grad

13.0 sq mi

ZIP Area

3,958

Density / Sq Mi

$67,439

Median Household Income

$42,864

Median Earnings

$1,288

Median Rent

$192,200

Median Home Value

Frequently Asked Questions

What type of property is this?

Residential income property - A first-floor corner residence includes a fireplace, private patio, and two outdoor storage sheds.

Where is this residential income property located?

The property is located at 909 BROMLEY ESTATE Pine Hill, NJ.

What is the asking price?

The asking price for this property is $199,000.

What are key features of this property?

This property features: First‑floor corner unit with 2 bedrooms and 2 full bathrooms; Fireplace in the living area; Private back patio