Residential Income Property with
129 HAVEN COURT, Sewell, NJ 08080
For Sale
New
$249,900
A two-bedroom corner residence features a loft, updated kitchen finishes, and a balcony facing a wooded backdrop.
Property Size1,488 SF
Days on Market4
Property Features for 129 HAVEN COURT
General Information
Standard status
Size
Property subtype
Additional Details
Multifamily Units
Amenities
private balcony
fireplace
granite countertops
stainless steel appliances
maple cabinetry
Building Details
Building Size
Year Built
Listing Agency:
Real Broker, LLC
Listed By:
Kevin M Ciccone · License #227729
(856) 347-0220
Source:
Patciervo.kw
Added: Nov 6
Changed: Nov 8
Last Checked: Nov 8 at 6:20PM
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.
At 129 Haven Court in Sewell, this 1987-built corner residence has two bedrooms, two bathrooms, and an upstairs loft. The open-plan living area includes newer luxury vinyl plank flooring and a split-block fireplace. Sliding doors connect the living room to a private balcony with a wooded outlook. The kitchen is appointed with maple cabinetry, granite counters, stainless steel appliances, and a pass-through to the main living space.
The loft provides additional interior space, while the corner position brings natural light into the unit. The property is located in the Peachtree community.
The loft provides additional interior space, while the corner position brings natural light into the unit. The property is located in the Peachtree community.
Key Highlights
- Two bedrooms and two bathrooms, with an upstairs loft
- Corner unit at 129 Haven Court in Sewell, built in 1987
- Kitchen with maple cabinetry, granite counters, and stainless steel appliances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,392
Cap Rate
6.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$347,840
$347.8K
Cap Rate 7%
$248,457
$248.5K
Cap Rate 9%
$193,244
$193.2K
Market Conditions
NOI Build-Up for 1,488 SF
Gross rent
$33.6K $22.56/SF
− Vacancy
−$1.9K −$1.31/SF
EGI
$31.6K $21.25/SF
− OpEx
−$14.2K −$9.56/SF
NOI
$17.4K $11.69/SF
Area
Gloucester County, NJ
Vacancy
5.80%
Lease Rate
$22.56 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$347,840
Cap Rate 7%
$248,457
Cap Rate 9%
$193,244
Alternative Uses
Best Use
Apartment 5plus
$248.5K
$217.4K – $289.9K
NOI $17,392 @ 7.0% cap · market cap 6.96%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$500.2K
$437.7K – $583.5K
NOI $35,012 @ 7.0% cap · market cap 14.01%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
107
Businesses Nearby
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Business Placement
Demographics for 08080, NJ
37,942
Population
14,746
Households
2.6
Avg Household Size
43
Median Age
44%
College-Educated
96%
High-School Grad
29.2 sq mi
ZIP Area
1,299
Density / Sq Mi
$119,919
Median Household Income
$61,474
Median Earnings
$1,674
Median Rent
$330,400
Median Home Value
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Market
Average Price Trend$/SF for Residential income properties in Gloucester County, NJ
Properties on Market for Residential income properties in Gloucester County
Frequently Asked Questions
What type of property is this?
Residential income property - A two-bedroom corner residence features a loft, updated kitchen finishes, and a balcony facing a wooded backdrop.
Where is this residential income property located?
The property is located at 129 HAVEN COURT Sewell, NJ.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: Two bedrooms and two bathrooms, with an upstairs loft; Corner unit at 129 Haven Court in Sewell, built in 1987; Kitchen with maple cabinetry, granite counters, and stainless steel appliances
