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1402 Collings Rd, Camden, NJ, 08104

6beds
--baths
0sqft
$330,000
--price/sqft
$2,753/moest. monthly cost
$110,120/yrincome needed

About This Home

Fully Occupied 3-Unit Multifamily Investment Opportunity This fantastic 3-unit property offers an excellent opportunity for an investor looking for immediate, positive cash flow with minimal hassle. The building consists of two well-maintained residential apartments and one storefront, all of which are currently leased and fully occupied. Each unit is in very good condition, and all existing leases have approximately one year remaining, providing an investor with stable, predictable rental income from day one. With a strong cap rate, excellent condition, and 100% occupancy, this is a true turn-key investment opportunity. There is no need to wait for vacancies to be filled or undertake significant renovations—simply take ownership and start collecting income. Highlights: 3 total units 2 residential apartments 1 storefront/commercial unit 100% occupied All units currently leased Approximately 1 year remaining on existing leases Units in very good condition Strong cap rate Immediate positive cash flow Turn-key investment opportunity A great fit for an investor seeking stable income, solid returns, and a property that is ready to perform from day one.

Getting Around

67
WalkingSomewhat Walkable
33
TransitSome Transit
62
BikeBikeable

Schools

2/10
2/10
1/10
East Side High SchoolGrades 9-123.2 mi

Construction

Condition

  • Year built: 1951

Materials

  • Foundation: Block
  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Architectural style: Other
  • Property subType: Triplex

Interior

Appliances

  • Appliances included: Gas Water Heater

Basement

  • Area: 0

Bedrooms & Bathrooms

  • Bedrooms: 6

Heating & Cooling

  • Heating features: Baseboard,Natural Gas
  • Cooling features: Wall Unit(s),Electric

Interior Area

  • Total structure area: 0

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 080072700001
  • Zoning: DUAL
  • Special condition: Standard

Features

  • Pool features: None

Lot

  • Lot size: 2,500 sqft
  • Lot size dimensions: 25.00 x 0.00

Parking

  • Parking features: On Street
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Winter Weather
    Winter WeatherVery High
  • Heat Wave
    Heat WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Coastal Flooding
    Coastal FloodingModerate
  • Cold Wave
    Cold WaveModerate
  • Ice Storm
    Ice StormModerate
  • Strong Wind
    Strong WindModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Winter Weather
Heat Wave
Inland Flooding
Lightning
Coastal Flooding
Cold Wave
Ice Storm
Strong Wind
Tsunami

FEMA Declared Disasters Across New Jersey Counties

Fire
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,668$20,016
Home Insurance *$213$2,556
Property Taxes $679$8,148
Electricity $193$2,318
Total$2,753$33,036
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$94,388/yr
40% on housing$82,590/yr
45% on housing$73,413/yr

New Jersey FAIR Plan Programs

New Jersey Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,029Commercial: 173
Total Premiums$5.54M
Total Exposure$1.19B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.1%
8.1%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: -2.1%
-2.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 08104$101
Camden County$191

vs Homes Sold Last Month

Median $/sqft

ZIP 08104$165
Camden County$224

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-13Price change$350,000
2026-07-15Listed for sale$330,000
2025-12-09Listing removed$1,400
2025-11-13Price change$1,400
2025-08-05Listed for rent$1,200
2023-09-07Listing removed--
2023-08-18Listed for rent$1,100
2023-08-17Listing removed--
2023-05-14Price change$1,100
2023-04-20Listed for rent$1,000
2022-07-18Listing removed--
2022-06-17Listed for rent$1,100
2021-06-02Listing removed--
2021-04-29Listed for rent$1,100

For Sale by Agent

AgentRichard Bradin
BrokerageWeichert Realtors-Cherry Hill

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