Renovated Two-Unit
911 ELDRIDGE Avenue Oaklyn, NJ 08107
911 ELDRIDGE Avenue, Oaklyn, NJ, 08107
$664,900
For Sale
$664,900
MULTI_FAMILY - Colonial - OAKLYN, NJ
Property Size2,568 SF
Lot Size0.20 Acres
Price / SF$258.92
Days on Market83
Property Features for 911 ELDRIDGE Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking
- 2
- Parking features
- Driveway
- Appliances
- Dishwasher, Dryer, Microwave, Oven - Single, Refrigerator, Stainless Steel Appliances, Washer
- Standard status
- Active
- Size
- 2,568 SF
- Lot size
- 0.20 Acres
Taxes and HOA fees
- Tax Annual Amount
- 8901
Utilities
- Heating system
- Other (Heating)
- Cooling system
- Ceiling Fan(s), Window Unit(s)
Building Details
- Year built
- 1918
- Number of units
- 2
- Building materials
- Frame
- Architectural style
- Colonial
Listing agency
Century 21 Rauh & Johns
(856) 582-0366
Listed by
Kimberly A Reagan · License #1221462
(215) 704-0684
Added: May 1 Updated: Jul 17 at 9:51AM Checked: Jul 22 at 12:06AM
MLS# NJCD2111686
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Renovated two-unit duplex offering two distinct residential units within a shared building. The first-floor unit includes three bedrooms, a living room, an eat-in kitchen, and one bathroom. The second unit has its own private foyer entrance and spans two floors, with three bedrooms plus a large fourth bedroom or bonus room, along with a walk-in closet, living room, eat-in kitchen, and bathroom.
The property includes a full shared basement, with each unit having a private washer and dryer room and storage. Each unit is served by separate mechanicals.
Additional exterior features include a front porch, a top rear deck, a two-car driveway, and a large back yard. Both units are tenant occupied with a strong rental history.
The property includes a full shared basement, with each unit having a private washer and dryer room and storage. Each unit is served by separate mechanicals.
Additional exterior features include a front porch, a top rear deck, a two-car driveway, and a large back yard. Both units are tenant occupied with a strong rental history.
Key Highlights
- Renovated 2‑unit duplex built in 1918 with Colonial style and frame construction
- First‑floor unit: 3 bedrooms, living room, eat‑in kitchen, and 1 bathroom
- Second unit: private foyer entrance, 3 bedrooms plus 4th bedroom/bonus with walk‑in closet, living room, eat‑in kitchen, and bathroom
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 | $44.1k | $17.16 |
| − Vacancy | −$2.3k | −$0.91 |
| EGI | $41.7k | $16.25 |
| − OpEx | −$12.5k | −$4.87 |
| NOI | $29.2k | $11.37 |
2,568 SF · lease $17.16/SF/yr · vacancy 5.32% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$417.2K
$365.1K – $486.8K
NOI $29,206 @ 7.0% cap · market cap 4.39%
Second Best
Apartment 5plus
$372.6K
$326.0K – $434.7K
NOI $26,079 @ 7.0% cap · market cap 3.92%
Theoretical Best
Office A
$651.1K
$569.7K – $759.7K
NOI $45,579 @ 7.0% cap · market cap 6.86%
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 - Renovated two-unit duplex with separate mechanicals, private laundry areas, and tenant-occupied rental history.
Where is this duplex located?
The property is located at 911 ELDRIDGE Avenue Oaklyn, NJ.
What is the asking price?
The asking price for this property is $664,900.
What are key features of this property?
This property features: Renovated 2‑unit duplex built in 1918 with Colonial style and frame construction; First‑floor unit: 3 bedrooms, living room, eat‑in kitchen, and 1 bathroom; Second unit: private foyer entrance, 3 bedrooms plus 4th bedroom/bonus with walk‑in closet, living room, eat‑in kitchen, and bathroom
