Oaklyn, NJ 08107 2 W Cedar Avenue
$299,000
28 more
Presented By: RE/MAX Select
Home Details
This fully rented multifamily in Oaklyn, NJ, features 4 bedrooms, 2 bathrooms, and 1,778 sqft across two units. The first-floor unit has 2 beds/1 bath with basement access, while the second-floor unit includes 2 beds/1 bath with a third-floor walk-up. The property generates $3,050/month in rental income (Unit 1: $1,300 | Unit 2: $1,750). Built in 1910, it has stable tenants in place. With a strong rental market and long-term appreciation potential, this property presents a valuable opportunity in a desirable location.
Tenants have been on multi year leases. Unit 1 lease ends 7/31/25 and Unit 2 lease ends 8/31/25.
Presented By: RE/MAX Select
Interior Features for 2 W Cedar Avenue
Bedrooms
Three Bedroom Units Count
Other Interior Features
LivingAreaSourceAssessor
BasementUnfinished
Basement (Y/N)Yes
Central Air Y/NNo
Fireplace Y/NNo
Heating FuelNatural Gas, Electric
Heating Y/NYes
Hot WaterNatural Gas, Electric
General for 2 W Cedar Avenue
AccessibilityOther
AppliancesDishwasher, Stove, Refrigerator
Architectural StyleOther
CityOAKLYN
Construction MaterialsFrame
Cool FuelElectric
CoolingWindow Unit(s)
CountyCAMDEN
Directions2 W Cedar Ave, Oaklyn, NJ 08107
Garage Y/NNo
HeatingHot Water & Baseboard - Electric
Lease TypeLong Term
Lot Size Square Feet4439.00
Lot Size UnitsSquare Feet
MLS AreaOaklyn Boro (20426)
ModificationTimestamp2025-03-26T15:33:51
MunicipalityOAKLYN BORO
Net Operating Income8122.00
New ConstructionNo
Number Of Units Total1
Number of Units Leased2
NumberOfUnitsVacant
One Bedroom Units Count
Operating Expense25678.00
Other StructuresAbove Grade, Below Grade
Other UnitsUnit 1, Unit 2
OwnershipFee Simple
Possession0-30 Days CD
Price Per Sq Ft Total AG168.17
Property SubtypeDuplex
Property TypeMulti-Family
RoofAsphalt
School DistrictOAKLYN BOROUGH PUBLIC SCHOOLS
SewerPublic Sewer
Single Room Units Count0
Standard StatusActive Under Contract
StatusACTIVE UNDER CONTRACT
Structure TypeOther
Tax Annual Amount8482.0
Tax Assessed Value160500.0
Tax Lot00005
Tax Year2024
Total Actual Rent36600.00
Total SQFT1778
Two Bedroom0
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1910
Year Built SourceAssessor
ZoningRESIDENTIAL
Exterior for 2 W Cedar Avenue
Land Assessed Value42600.00
Land Use Code
Lot Dimensions40.00 x 111.00
Lot Size Acres0.10
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
PoolNo Pool
Type of ParkingDriveway
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Additional Details
Price History
