1402 Collings Road
Description
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...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.
- Listed by Richard S Bradin • Weichert Realtors-Cherry HillP: (609) 760-7028 rbradin@gmail.com
Property Details for 1402 Collings Road
Location
Building Information for 1402 Collings Road
Payment Calculator
$2,182 per month
30 year fixed, 6.55% Interest
$1,779
$403
$0
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1Property Information for 1402 Collings Road
- School District Name: CAMDEN CITY SCHOOLS
- School District County ID: 300200396977
- SchoolDistrictSource: Listing Agent
- County: CAMDEN
- MLS Area: Camden City (20408)
- Water View: No
- Water Access: No
- Water Oriented: No
- Navigable Water: No
- Tidal Water: No
- Riparian Rights Y/N: No
- Tax Year: 2025
- Tax Assessed Value: $131,300
- Year Assessed: 2025
- County Tax: $0
- Improvement Assessed Value: $85,000
- City Town Tax: $0
- Land Assessed Value: $46,300
- Clean Green Assessed: No
- Land Use Code: 0
- Zoning: DUAL
- Tax Lot: 00001
- School Tax: $0
- Automatically Update Tax Values Y/N: No
- Rent Control: No
- Single Room Units Count: 3
- One Bedroom Units Count: 1
- Two Bedroom Units Count: 1
- Three Bedroom Units Count: 0
- Units Leased Count: 3
- Number Of Units Vacant: 0
- Number Of Units Month To Month: 0
- Rent Control: No
- Income Includes: Apartment Rentals, Shop Rentals
- Cap Rate: 10.00
- Existing Lease Type: Long Term
- Building Level Count: 2
- Building Units Total: 3
- Total Finished SQFT: .00
- Total Finished SQFT Source: Estimated
- Total SQFT: .00
- Total SQFT Source: Estimated
- Elevators Count: 0
- Construction Materials: Brick
- Foundation Details: Block
- Other Structure: Above Grade, Below Grade
- Lot Size Source: Estimated
- Lot Size Dimensions: 25.00 x 0.00
- Lot Dimensions Source: Estimated
- Parcel ID: 1797152
- Type Of Parking: On Street
- Fireplace: No
- Accessibility Features: None
- Pool: No Pool
- Heating: Yes
- Cooling Type: Wall Unit
- Cooling Fuel: Electric
- Heating Type: Baseboard - Hot Water
- Heating Fuel: Natural Gas
- Hot Water: Natural Gas
- Water Source: Public
- Sewer Septic: Public Sewer
- List Agent AOR: NEXUS Association of Realtors
Property History for 1402 Collings Road
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Aug 13, 2026 | Withdrawn BRIGHT #NJCD2122516 | — | |
| Aug 13, 2026 | Listed (Active) BRIGHT #NJCD2124680 | $350,000 | — |
| Jul 15, 2026 | Listed (Active) BRIGHT #NJCD2122516 | $330,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 08/13/2026 | Withdrawn BRIGHT #NJCD2122516 | — |
| 08/13/2026 | Listed (Active) BRIGHT #NJCD2124680 | $350,000 |
| 07/15/2026 | Listed (Active) BRIGHT #NJCD2122516 | $330,000 |
For completeness, we often displays two records for one sale: the MLS record and the public record.
Public Records for 1402 Collings Road
Schools near 1402 Collings Road
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Yorkship Elementary School PublicPK to 5 | ||
Morgan Village Middle School Public6 to 8 | ||
Camden High School Public9 to 12 | ||
Brimm Medical Arts High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Weichert Realtors-Cherry Hill
Based on information from one of the following Multiple Listing Services: BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.