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Two-Bedroom Residential Income Home

SOUTHAMPTON, NJ 08088 Southampton, NJ 08088

Southampton, NJ, 08088
$177,500
For Sale
$177,500

SINGLE_FAMILY - SOUTHAMPTON, NJ

Property Size1,012 SF
Price / SF$175.40
Days on Market51

Property Features

General Information

Property type
Residential
Property subtype
Duplex
Bedrooms
2
Bathrooms
1
Rooms
Bedroom 1, Bedroom 2
Standard status
Active
Size
1,012 SF

Building Details

Year built
1976
Listing Agency BHHS Fox & Roach Center City-Society Hill
NJ
Listed by Jeff George
Added: Jun 1 Updated: Jul 17 at 10:35 am Checked: Jul 21 at 6:06 am
MLS# NJBL2113340

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 two-bedroom, one-bath residential income home includes driveway parking, central A/C, and a yard. The property needs some updating, and the sale is being marketed accordingly.

The home is located within LeisureTowne, a community with 2,255 homes surrounded by lakes and forests in the Pinelands National Reserve. LeisureTowne provides access to pools.

Prospective buyers should note the buyer is responsible for any HOA or township resale inspection requests.

Key Highlights

  • 2‑bedroom, 1‑bath home listed at $177,500
  • Year built: 1976
  • Driveway parking

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 $21.9k $21.60
− Vacancy −$1.1k −$1.13
EGI $20.7k $20.47
− OpEx −$6.2k −$6.14
NOI $14.5k $14.33
1,012 SF · lease $21.60/SF/yr · vacancy 5.22% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$207.2K
$181.3K – $241.7K (±1% cap)
NOI $14,503 @ 7.0% cap · market cap 8.17%
Second Best
Apartment 5plus
$189.4K
$165.7K – $220.9K (±1% cap)
NOI $13,255 @ 7.0% cap · market cap 7.47%
Theoretical Best
Warehouse
$2.12M
$1.85M – $2.47M (±1% cap)
NOI $148,161 @ 7.0% cap · market cap 83.47%
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-bedroom, one-bath home with driveway parking, central A/C, and a yard, and it needs updating.
Where is this duplex located?
The property is located at Southampton, NJ.
What is the asking price?
The asking price for this property is $177,500.
What are key features of this property?
This property features: 2‑bedroom, 1‑bath home listed at $177,500; Year built: 1976; Driveway parking
Contact an agent
More about this property
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