Updated Twin Home with
COLLINGSWOOD, NJ 08108 Collingswood, NJ 08108
Collingswood, NJ, 08108
$409,500
For Sale
Under Contract
$409,500
SINGLE_FAMILY - COLLINGSWOOD, NJ
Property Size1,216 SF
Price / SF$336.76
Days on Market50
Property Features
General Information
- Property type
- Residential
- Property subtype
- Duplex
- Bedrooms
- 3
- Bathrooms
- 2
- Rooms
- Bedroom 2, Bedroom 1, Bedroom 3
- Standard status
- Active Under Contract
- Size
- 1,216 SF
Building Details
- Year built
- 1928
Listing Agency
BHHS Fox & Roach Mt. Laurel Home Marketing Center
(856) 222-0077
NJ
Listed by
Christopher Twardy · License #1540241
(609) 304-2314
Added: May 30 Checked: Jul 18 at 4:06 am
MLS# NJCD2118994
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.
16 W Palmer Avenue is a twin/semi-detached single-family home with 3 bedrooms and 1.5 bathrooms, updated throughout while preserving classic architectural character. The main level features refinished hardwood floors, recessed lighting, and a living room centered on a gas fireplace. An open connection between the living room, dining area, and kitchen supports an easy everyday flow, and the kitchen includes white cabinetry, stainless steel appliances with a gas range, tile backsplash, and a peninsula with seating. A powder room is conveniently located just off the dining area.
Upstairs, the home provides three bedrooms with natural light and a full hall bathroom with modern tile work, an updated vanity, and a tub/shower combination. The basement adds flexibility with laundry hookups, mechanical and storage space, and additional usable area, including access to the rear yard and a sauna.
Outside, there is a partially fenced backyard with a patio area and off-street parking via a private driveway.
Upstairs, the home provides three bedrooms with natural light and a full hall bathroom with modern tile work, an updated vanity, and a tub/shower combination. The basement adds flexibility with laundry hookups, mechanical and storage space, and additional usable area, including access to the rear yard and a sauna.
Outside, there is a partially fenced backyard with a patio area and off-street parking via a private driveway.
Key Highlights
- Updated 3‑bedroom, 1.5‑bath twin/semi‑detached home built in 1928 in Collingswood
- Screened‑in front porch for covered outdoor living and a welcoming entry
- Main level with refinished hardwood floors, recessed lighting, and living room with gas fireplace
Local Financial Insights For Apartment 5plus
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 | $23.8k | $19.56 |
| − Vacancy | −$1.3k | −$1.10 |
| EGI | $22.5k | $18.46 |
| − OpEx | −$10.1k | −$8.31 |
| NOI | $12.3k | $10.16 |
1,216 SF · lease $19.56/SF/yr · vacancy 5.60% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$176.4K
$154.4K – $205.8K
NOI $12,349 @ 7.0% cap · market cap 3.02%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$308.3K
$269.8K – $359.7K
NOI $21,583 @ 7.0% cap · market cap 5.27%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Single family properties
Similar For Sale Nearby
FAQs
What type of property is this?
Single family property - Updated 3-bedroom, 1.5-bath twin with screened front porch, gas fireplace, and private driveway parking.
Where is this single family property located?
The property is located at Collingswood, NJ.
What is the asking price?
The asking price for this property is $409,500.
What are key features of this property?
This property features: Updated 3‑bedroom, 1.5‑bath twin/semi‑detached home built in 1928 in Collingswood; Screened‑in front porch for covered outdoor living and a welcoming entry; Main level with refinished hardwood floors, recessed lighting, and living room with gas fireplace
