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Duplex with Two Rented Units

BELLMAWR, NJ 08031 Bellmawr, NJ 08031

Bellmawr, NJ, 08031
$314,900
Pending
For Sale
Claim this Listing
$314,900
Pending

MULTI_FAMILY - BELLMAWR, NJ

Property Size1,636 SF
AddedMay 27
Days on Market49
Last RefreshJul 14 at 9:06 pm

Property Features

General Information

Property type
Residential Multi Family
Property subtype
Single Family Residence
Bedrooms
4
Rooms
Bedroom 1, Bedroom 3, Bedroom 4, Bedroom 2
Standard status
Pending
Size
1,636 SF

Building Details

Year built
1950

Listing agent Timothy Belko License #0564155

Listing office BHHS Fox & Roach Washington-Gloucester Home Marketing Center NJ

Listing date May 27, 2026

MLS# NJCD2118304

Copyright © 2026 Berkshire Hathaway HomeServices Fox & Roach, Realtors. 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.

This duplex offers two separately configured rental units. The first-floor unit includes three bedrooms and one bathroom and provides basement access. The upper unit features one bedroom and one bathroom. Both units are currently rented below market, and at least one unit is on a month-to-month tenancy, which can provide added flexibility.

The property is located in Bellmawr, NJ, with access to Philadelphia that is described as less than 15 minutes, along with convenient access to major roadways and everyday amenities.

Additional stated features include off-street parking, separate gas and electric paid by the tenants, and water and sewer paid by the landlord. Contact the listing agent for more details and to confirm current lease terms.

Key Highlights

  • Duplex built in 1950 in Bellmawr, offering a 3‑bedroom, 1‑bath first‑floor unit and a 1‑bedroom, 1‑bath upper unit
  • First‑floor unit includes basement access for added functionality
  • Both units are currently rented below market, with month‑to‑month tenancy providing added flexibility

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 $28.1k $17.16
− Vacancy −$1.5k −$0.91
EGI $26.6k $16.25
− OpEx −$8.0k −$4.87
NOI $18.6k $11.37
1,636 SF · lease $17.16/SF/yr · vacancy 5.32% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$265.8K
$232.6K – $310.1K (±1% cap)
NOI $18,606 @ 7.0% cap · market cap 5.91%
Second Best
Apartment 5plus
$237.3K
$207.7K – $276.9K (±1% cap)
NOI $16,614 @ 7.0% cap · market cap 5.28%
Theoretical Best
Office A
$414.8K
$363.0K – $484.0K (±1% cap)
NOI $29,037 @ 7.0% cap · market cap 9.22%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

FAQs

What type of property is this?
Duplex - Two-unit duplex; a 3-bedroom first-floor unit with basement access and a 1-bedroom upper unit are both currently rented.
Where is this duplex located?
The property is located at Bellmawr, NJ.
What is the asking price?
The asking price for this property is $314,900.
What are key features of this property?
This property features: Duplex built in 1950 in Bellmawr, offering a 3‑bedroom, 1‑bath first‑floor unit and a 1‑bedroom, 1‑bath upper unit; First‑floor unit includes basement access for added functionality; Both units are currently rented below market, with month‑to‑month tenancy providing added flexibility
Contact an agent
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