Updated 3BR Home with
GLOUCESTER CITY, NJ 08030 Gloucester City, NJ 08030
Gloucester City, NJ, 08030
$293,000
Pending
For Sale
$293,000
Pending
SINGLE_FAMILY - GLOUCESTER CITY, NJ
Property Size1,408 SF
Days on Market117
Property Features
General Information
- Property type
- Residential
- Property subtype
- Duplex
- Bedrooms
- 3
- Bathrooms
- 3
- Rooms
- Bedroom 3, Bedroom 1, Bedroom 2
- Standard status
- Pending
- Size
- 1,408 SF
Building Details
- Year built
- 1900
Listing Agency
BHHS Fox & Roach Cherry Hill Home Marketing Center
(856) 428-8000
NJ
Listed by
Yvette Reid
(856) 343-7871
Added: Mar 24 Checked: Jul 18 at 12:06 pm
MLS# NJCD2113652
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.
Welcome to 846 Cumberland Street in Gloucester City, NJ. This updated 3-bedroom, 2.5-bath home is move-in ready with modern interior upgrades including recessed lighting, ceiling fans, and ample closet and storage space. The kitchen features granite countertops and all-new stainless steel appliances, supporting everyday living and entertaining.
Out back, you’ll find a generously sized yard with a deck and built-in seating, creating an outdoor space for relaxing or hosting.
The seller notes the home is back on the market with a price increase tied to additional upgrades. The seller has also secured up to $25,000 in tax abatement over 5 years. Conveniently located near parks, shopping, and dining, with easy access to Route 130 and I-295 and a quick commute to Center City Philadelphia.
Out back, you’ll find a generously sized yard with a deck and built-in seating, creating an outdoor space for relaxing or hosting.
The seller notes the home is back on the market with a price increase tied to additional upgrades. The seller has also secured up to $25,000 in tax abatement over 5 years. Conveniently located near parks, shopping, and dining, with easy access to Route 130 and I-295 and a quick commute to Center City Philadelphia.
Key Highlights
- Updated 3‑bedroom, 2.5‑bath home with move‑in ready modern upgrades
- Updated kitchen with granite countertops and all‑new stainless steel appliances
- Bright interior with recessed lighting, ceiling fans, and abundant closet and storage space
Local Financial Insights For Apartment 5plus
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 | $27.5k | $19.56 |
| − Vacancy | −$1.5k | −$1.10 |
| EGI | $26.0k | $18.46 |
| − OpEx | −$11.7k | −$8.31 |
| NOI | $14.3k | $10.16 |
1,408 SF · lease $19.56/SF/yr · vacancy 5.60% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$204.3K
$178.7K – $238.3K
NOI $14,299 @ 7.0% cap · market cap 4.88%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$357.0K
$312.4K – $416.5K
NOI $24,990 @ 7.0% cap · market cap 8.53%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Single family properties
Similar For Sale Nearby
FAQs
What type of property is this?
Single family property - Move-in ready 3-bedroom, 2.5-bath home with an updated kitchen, recessed lighting, and a deck with built-in seating.
Where is this single family property located?
The property is located at Gloucester City, NJ.
What is the asking price?
The asking price for this property is $293,000.
What are key features of this property?
This property features: Updated 3‑bedroom, 2.5‑bath home with move‑in ready modern upgrades; Updated kitchen with granite countertops and all‑new stainless steel appliances; Bright interior with recessed lighting, ceiling fans, and abundant closet and storage space
