Renovated Residential Income
For Sale
$264,900
Pending
141 ASHTON COURT, Mantua, NJ 08051
First-floor condominium with updated systems, renovated interiors, and a private patio in Country Creek.
Property Size812 SF
Days on Market56
Property Features for 141 ASHTON COURT
General Information
Standard status
Pending
Size
812 SF
Property subtype
Unit/Flat/Apartment
Units
Unit Mix
1 x 2BR/2BA
Multifamily Units
1
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$3,790
Amenities
gas fireplace
private patio
stainless steel appliances
in-unit washer/dryer
Building Details
Building Size
812 SF
Year Built
1984
Listing Agency:
Shore Points Realty
Listed By:
Fredric M DiAntonio · License #9702848
(609) 780-5355
Source:
Patmckennarealtors
Added: Aug 31
Changed: Oct 21
Last Checked: Oct 24 at 10:01PM
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 Shore Points Realty
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Investment Insights
Based on property information with market context.
This first-floor condominium offers a two-bedroom, two-bath layout with extensive interior and systems updates. Improvements include a renovated eat-in kitchen with stainless-steel appliances, recessed lighting, cabinet lighting, tiled backsplash, and a deep sink. The living room includes a gas fireplace and access to a private patio. Additional upgrades include newer flooring and carpeting, light fixtures, sliding glass door, hot water heater, washer and dryer, and a new HVAC system. Both bathrooms have been renovated, while the primary suite includes an en-suite bathroom and walk-in closet.
The property is located in West Deptford with access to major highways, transportation, shopping, dining, and the RiverWinds community. Country Creek is the stated residential community setting, and the home was built in 1984.
The property is located in West Deptford with access to major highways, transportation, shopping, dining, and the RiverWinds community. Country Creek is the stated residential community setting, and the home was built in 1984.
Key Highlights
- First‑floor two‑bedroom, two‑bath condominium in Country Creek
- Renovated eat‑in kitchen with stainless‑steel appliances and tiled backsplash
- New HVAC system, newer hot water heater, washer and dryer
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,491
Cap Rate
3.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$189,820
$189.8K
Cap Rate 7%
$135,586
$135.6K
Cap Rate 9%
$105,456
$105.5K
Market Conditions
NOI Build-Up for 812 SF
Gross rent
$18.3K $22.56/SF
− Vacancy
−$1.1K −$1.31/SF
EGI
$17.3K $21.25/SF
− OpEx
−$7.8K −$9.56/SF
NOI
$9.5K $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%
$189,820
Cap Rate 7%
$135,586
Cap Rate 9%
$105,456
Alternative Uses
Best Use
Apartment 5plus
$135.6K
$118.6K – $158.2K
NOI $9,491 @ 7.0% cap · market cap 3.58%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$272.9K
$238.8K – $318.4K
NOI $19,106 @ 7.0% cap · market cap 7.21%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
295
Businesses Nearby
Explore this area
Business Placement
Demographics for 08051, NJ
10,644
Population
4,602
Households
2.3
Avg Household Size
43
Median Age
36%
College-Educated
98%
High-School Grad
3.8 sq mi
ZIP Area
2,801
Density / Sq Mi
$97,452
Median Household Income
$57,900
Median Earnings
$1,691
Median Rent
$249,000
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - First-floor condominium with updated systems, renovated interiors, and a private patio in Country Creek.
Where is this residential income property located?
The property is located at 141 ASHTON COURT Mantua, NJ.
What is the asking price?
The asking price for this property is $264,900.
What are key features of this property?
This property features: First‑floor two‑bedroom, two‑bath condominium in Country Creek; Renovated eat‑in kitchen with stainless‑steel appliances and tiled backsplash; New HVAC system, newer hot water heater, washer and dryer
