94 E BROWNING Road, Bellmawr, NJ 08031
MULTI_FAMILY - Other - BELLMAWR, NJ
- Added:
- May 15, 2026
- Days on Market:
- 49
- Last Refresh:
- Jul 2 at 7:06 am
Property Features for 94 E BROWNING Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- On Street, Driveway
- Standard status
- Active
- Size
- 4,000 SF
- Lot size
- 0.13 Acres
Taxes and HOA fees
- Tax Annual Amount
- 11349
Utilities
- Heating system
- Baseboard, Electric (Heating), Other (Heating)
Building Details
- Year built
- 1955
- Number of units
- 4
- Building materials
- Block
- Architectural style
- Other
Listing agent Nathaniel S Parker License #1967862 (609) 921-4511
Listing office RE/MAX Select - Princeton 343 Nassau Street, Princeton, NJ (609) 921-9202
Listing date May 15, 2026
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.
HighLights
- 5‑unit mixed‑use building with 3 residential apartments and 2 retail storefronts
- No current vacancies; all units have long‑term written leases in place
- Total lease income is $87,900 annually with leases just increased and renewed
- Projected 8.5% CAP rate based on income and expenses
- Tenants pay their own utilities, including gas heat, electric, hot water, and sub‑metered water
- Built in 1955 with block construction; heated with electric and baseboard systems
Overview
Local Financial Insights For Mixed Use
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 | $72.0k | $18.00 |
| − Vacancy | −$5.0k | −$1.26 |
| EGI | $67.0k | $16.74 |
| − OpEx | −$25.1k | −$6.28 |
| NOI | $41.9k | $10.46 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Bellmawr
- County
- Camden
- State
- New Jersey
- Longitude
- -75.07517
- Latitude
- 39.86567
