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Residential Condo with Private Balcony
New
For Sale
$174,890

1224 THACKERY COURT, Sicklerville, NJ 08081

A second-floor condominium combines in-unit laundry, a walk-in closet, and a private outdoor space.

Property Size1,034 SF
Price / SF$169.14
Days on Market5

Property Features for 1224 THACKERY COURT

General Information

Standard status Active
Size 1,034 SF
Property subtype Apartment

Units

Unit Mix 1 x 1BR/1BA
Multifamily Units 1

Additional Details

Highway Access Yes

Amenities

private balcony
in-unit laundry

Building Details

Building Size 1,034 SF
Year Built 1981
Stories 2
Listing Agency: Keller Williams Realty - Washington Township
Listed By: Thomas P. Duffy · License #8932672
Source: Patciervo.kw
Added: Oct 22 Changed: Oct 25 Last Checked: Oct 24 at 3:08PM

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 Keller Williams Realty - Washington Township

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Investment Insights

Based on property information with market context.

This second-floor condominium contains one bedroom and one bathroom across 1,034 square feet. The living and dining areas share an open layout, with a kitchen offering cabinet and counter space. Interior features include newer flooring, updated light fixtures, an updated bathroom vanity, multiple closets, and a walk-in closet. A private balcony and in-unit laundry are also included. The building dates to 1981.

The property is being sold as-is, with no seller repairs, replacements, improvements, or credits. Buyer is responsible for inspections and any work, certifications, or approvals required to complete settlement, including the Certificate of Occupancy and related requirements.

Key Highlights

  • One‑bedroom, one‑bathroom condo with 1,034 square feet
  • Second‑floor unit with private balcony
  • In‑unit laundry

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$10,501
Cap Rate
6.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$210,020 $210.0K
Cap Rate 7%
$150,014 $150.0K
Cap Rate 9%
$116,678 $116.7K
Market Conditions
NOI Build-Up for 1,034 SF
Gross rent
$20.2K $19.56/SF
− Vacancy
−$1.1K −$1.10/SF
EGI
$19.1K $18.46/SF
− OpEx
−$8.6K −$8.31/SF
NOI
$10.5K $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%
$210,020
Cap Rate 7%
$150,014
Cap Rate 9%
$116,678

Alternative Uses

Best Use
Apartment 5plus
$150.0K
$131.3K – $175.0K (±1% cap)
NOI $10,501 @ 7.0% cap · market cap 6.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$262.2K
$229.4K – $305.9K (±1% cap)
NOI $18,352 @ 7.0% cap · market cap 10.49%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Lease Details

1
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

71
Businesses Nearby

Demographics for 08081, NJ

50,601
Population
18,361
Households
2.8
Avg Household Size
39
Median Age
35%
College-Educated
94%
High-School Grad
25.2 sq mi
ZIP Area
2,008
Density / Sq Mi
$102,924
Median Household Income
$51,734
Median Earnings
$1,551
Median Rent
$262,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Residential income property - A second-floor condominium combines in-unit laundry, a walk-in closet, and a private outdoor space.
Where is this residential income property located?
The property is located at 1224 THACKERY COURT Sicklerville, NJ.
What is the asking price?
The asking price for this property is $174,890.
What are key features of this property?
This property features: One‑bedroom, one‑bathroom condo with 1,034 square feet; Second‑floor unit with private balcony; In‑unit laundry
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