First-Floor Residential Income
1 SHEFFIELD DRIVE, Marlton, NJ 08053
For Sale
$254,999
First-floor condominium with an open layout, upgraded kitchen finishes, private patio, and access to extensive community amenities.
Property Size995 SF
Days on Market53
Property Features for 1 SHEFFIELD DRIVE
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Additional Details
Highway Access
Taxes and HOA fees
Annual Taxes
Amenities
stainless steel appliances
fireplace
on-site laundry
tennis courts
scenic jogging paths
private patio
walking trails
lake
community swimming pool
basketball courts
Building Details
Building Size
Year Built
Listing Agency:
Real Broker, LLC
Listed By:
Lina Siciliano · License #1752309
(609) 417-0261
Source:
Patmckennarealtors
Added: Sep 18
Changed: Nov 5
Last Checked: Nov 8 at 4:21PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Real Broker, LLC
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Investment Insights
Based on property information with market context.
This first-floor condominium is configured with two bedrooms and one bathroom, offering an open connection between the living and dining areas. Interior features include luxury vinyl plank flooring, carpeting, a fireplace, upgraded kitchen countertops, subway-style backsplash, stainless steel appliances, and a kitchen island. The unit also includes a private patio, dedicated parking, and access to on-site laundry facilities.
Community amenities include tennis courts, basketball courts, a swimming pool, walking and jogging trails, and a lake. The property is located near major highways, shopping, and dining. Built in 1987, the condominium combines a practical residential layout with shared recreational amenities and convenient access to everyday destinations.
Community amenities include tennis courts, basketball courts, a swimming pool, walking and jogging trails, and a lake. The property is located near major highways, shopping, and dining. Built in 1987, the condominium combines a practical residential layout with shared recreational amenities and convenient access to everyday destinations.
Key Highlights
- First‑floor condominium with 2 bedrooms and 1 bathroom
- Open living and dining arrangement with a fireplace
- Kitchen includes upgraded countertops, subway‑style backsplash, stainless steel appliances, and an island
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,105
Cap Rate
3.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$202,100
$202.1K
Cap Rate 7%
$144,357
$144.4K
Cap Rate 9%
$112,278
$112.3K
Market Conditions
NOI Build-Up for 995 SF
Gross rent
$19.5K $19.56/SF
− Vacancy
−$1.1K −$1.10/SF
EGI
$18.4K $18.46/SF
− OpEx
−$8.3K −$8.31/SF
NOI
$10.1K $10.16/SF
Area
Camden County, NJ
Vacancy
5.60%
Lease Rate
$19.56 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$202,100
Cap Rate 7%
$144,357
Cap Rate 9%
$112,278
Alternative Uses
Best Use
Apartment 5plus
$144.4K
$126.3K – $168.4K
NOI $10,105 @ 7.0% cap · market cap 3.96%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$252.3K
$220.8K – $294.3K
NOI $17,660 @ 7.0% cap · market cap 6.93%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
82
Businesses Nearby
Explore this area
Business Placement
Demographics for 08053, NJ
46,826
Population
20,090
Households
2.3
Avg Household Size
43
Median Age
53%
College-Educated
98%
High-School Grad
29.2 sq mi
ZIP Area
1,604
Density / Sq Mi
$116,745
Median Household Income
$67,439
Median Earnings
$1,939
Median Rent
$368,100
Median Home Value
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Market
Average Price Trend$/SF for Residential income properties in Camden County, NJ
Properties on Market for Residential income properties in Camden County
Frequently Asked Questions
What type of property is this?
Residential income property - First-floor condominium with an open layout, upgraded kitchen finishes, private patio, and access to extensive community amenities.
Where is this residential income property located?
The property is located at 1 SHEFFIELD DRIVE Marlton, NJ.
What is the asking price?
The asking price for this property is $254,999.
What are key features of this property?
This property features: First‑floor condominium with 2 bedrooms and 1 bathroom; Open living and dining arrangement with a fireplace; Kitchen includes upgraded countertops, subway‑style backsplash, stainless steel appliances, and an island
