Residential Income Property with
New
For Sale
$239,900
13 BRIGHTON PLACE, Sewell, NJ 08080
The garden apartment combines two bedrooms, in-unit laundry flooring, and access to a shared outdoor pool.
Property Size1,180 SF
Price / SF$203.31
Days on Market6
Property Features for 13 BRIGHTON PLACE
General Information
Standard status
Active
Size
1,180 SF
Total Parking Spaces
1
Property subtype
Unit/Flat/Apartment
Units
Unit Mix
2BR/1.5BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$4,069
Amenities
outdoor pool
Building Details
Building Size
1,180 SF
Year Built
1986
Construction
garden apartment
Listing Agency:
Romano Realty
Listed By:
Lucas M Romano
(856) 261-2894
Source:
Brucerealty
Added: Oct 20
Changed: Oct 23
Last Checked: Oct 24 at 10:46PM
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 Romano Realty
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,180-square-foot garden apartment contains two bedrooms and 1.5 bathrooms, with the primary bedroom on the first floor. LVP flooring extends throughout, and the family room connects with the kitchen, which includes a dishwasher, electric oven/range, refrigerator, and pantry. The property was built in 1986 and includes one dedicated parking space.
Residents of Newtown Commons have access to an outdoor pool. The association fee covers snow removal, trash collection, and upkeep of common areas.
Residents of Newtown Commons have access to an outdoor pool. The association fee covers snow removal, trash collection, and upkeep of common areas.
Key Highlights
- 1,180‑square‑foot garden apartment with two bedrooms and 1.5 bathrooms
- First‑floor primary bedroom
- LVP flooring throughout
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,792
Cap Rate
5.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$275,840
$275.8K
Cap Rate 7%
$197,029
$197.0K
Cap Rate 9%
$153,244
$153.2K
Market Conditions
NOI Build-Up for 1,180 SF
Gross rent
$26.6K $22.56/SF
− Vacancy
−$1.5K −$1.31/SF
EGI
$25.1K $21.25/SF
− OpEx
−$11.3K −$9.56/SF
NOI
$13.8K $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%
$275,840
Cap Rate 7%
$197,029
Cap Rate 9%
$153,244
Alternative Uses
Best Use
Apartment 5plus
$197.0K
$172.4K – $229.9K
NOI $13,792 @ 7.0% cap · market cap 5.75%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$396.6K
$347.1K – $462.8K
NOI $27,765 @ 7.0% cap · market cap 11.57%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,196
Businesses Nearby
Explore this area
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
Frequently Asked Questions
What type of property is this?
Residential income property - The garden apartment combines two bedrooms, in-unit laundry flooring, and access to a shared outdoor pool.
Where is this residential income property located?
The property is located at 13 BRIGHTON PLACE Sewell, NJ.
What is the asking price?
The asking price for this property is $239,900.
What are key features of this property?
This property features: 1,180‑square‑foot garden apartment with two bedrooms and 1.5 bathrooms; First‑floor primary bedroom; LVP flooring throughout
