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600-606 Station Ave 4 Unit Apartment Building $1,395,000 ($348,750/Unit) 7% Cap Rate Haddon Heights, NJ 08035
EXECUTIVE SUMMARY
Buy this Trophy Landmarked Building & Sleep Well as an Investor w/ Stable Tenancy, Tenants pay on the first & No arears.
This Building is @ the Very Heart of The Retail Corridor of this “Affluent Bedroom Community”, Anchors the Retail Strip & adjoins other quant shops.
It is also Next door to The Library, Across the St from Boro Hall & The Municipal Court, Post Office & PNC Bank.
Demographics: Population: 7,488 Median Household Income 1-Mile: $126,055 5-Miles: $90,387 10 Miles from Center City Philadelphia (pop 1,517,000)right by the PATCO Station
The Retail Tenants have been featured on Local & Pa. News Stations & Featured in Print Publications & are Local Treasures + Upstairs Long Term Tenants & almost no Vacancies.
This Building is @ the Very Heart of The Retail Corridor of this “Affluent Bedroom Community”, Anchors the Retail Strip & adjoins other quant shops.
It is also Next door to The Library, Across the St from Boro Hall & The Municipal Court, Post Office & PNC Bank.
Demographics: Population: 7,488 Median Household Income 1-Mile: $126,055 5-Miles: $90,387 10 Miles from Center City Philadelphia (pop 1,517,000)right by the PATCO Station
The Retail Tenants have been featured on Local & Pa. News Stations & Featured in Print Publications & are Local Treasures + Upstairs Long Term Tenants & almost no Vacancies.
DATA ROOM Click Here to Access
- Offering Memorandum
- Operating and Financials
- Miscellaneous
FINANCIAL SUMMARY (ACTUAL - 2025) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$142,200
|
$15.72
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$142,200
|
$15.72
|
| Taxes |
$24,252
|
$2.68
|
| Operating Expenses |
$21,207
|
$2.34
|
| Total Expenses |
$45,459
|
$5.02
|
| Net Operating Income |
$96,741
|
$10.69
|
FINANCIAL SUMMARY (ACTUAL - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $142,200 |
| Annual Per SF | $15.72 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $142,200 |
| Annual Per SF | $15.72 |
| Taxes | |
|---|---|
| Annual | $24,252 |
| Annual Per SF | $2.68 |
| Operating Expenses | |
|---|---|
| Annual | $21,207 |
| Annual Per SF | $2.34 |
| Total Expenses | |
|---|---|
| Annual | $45,459 |
| Annual Per SF | $5.02 |
| Net Operating Income | |
|---|---|
| Annual | $96,741 |
| Annual Per SF | $10.69 |
PROPERTY FACTS
| Price | $1,395,000 | Apartment Style | Low-Rise |
| Price Per Unit | $348,750 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.14 AC |
| Cap Rate | 7% | Building Size | 9,048 SF |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1900 |
| Property Subtype | Apartment |
| Price | $1,395,000 |
| Price Per Unit | $348,750 |
| Sale Type | Investment |
| Cap Rate | 7% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 9,048 SF |
| No. Stories | 2 |
| Year Built | 1900 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
1 1
Walk Score®
Very Walkable (82)
PROPERTY TAXES
| Parcel Number | 18-00029-0000-00001 | Total Assessment | $705,000 |
| Land Assessment | $115,500 | Annual Taxes | $24,252 ($2.68/SF) |
| Improvements Assessment | $589,500 | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
18-00029-0000-00001
Land Assessment
$115,500
Improvements Assessment
$589,500
Total Assessment
$705,000
Annual Taxes
$24,252 ($2.68/SF)
Tax Year
2025
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Perlstein Properties
600-606 Station Ave
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