Second-Floor 2-Bedroom Condo with
For Sale
$254,900
152 STEEPLECHASE COURT, Deptford, NJ 08096
Second-floor condo with two bedrooms, two full baths, and a private balcony in a community with an in-ground pool.
Property Size1,281 SF
Days on Market69
Property Features for 152 STEEPLECHASE COURT
General Information
Standard status
Active
Size
1,281 SF
Property subtype
Unit/Flat/Apartment
Units
Unit Mix
1 x 2BR/2BA
Multifamily Units
1
Additional Details
Highway Access
Yes
Amenities
pool
balcony
Building Details
Building Size
1,281 SF
Year Built
1989
Listing Agency:
Weichert Realtors-Mullica Hill
(856) 981-0259
Listed By:
EDGAR PIZARRO · License #1863200
(856) 981-0259
Source:
Patmckennarealtors
Added: May 29
Changed: Jul 30
Last Checked: Aug 5 at 4:55AM
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 Weichert Realtors-Mullica Hill
Investment Insights
Based on property information with market context.
This second-floor condo in the Steeplechase community offers a layout designed around comfortable daily living and easy entertaining. The unit features two spacious bedrooms and two full bathrooms, plus a private balcony for outdoor relaxation. Inside, the kitchen includes stainless steel appliances and opens directly into a bright, inviting living area.
Residents also have access to community amenities, including an in-ground pool and well-maintained grounds. The property is positioned within the community for convenient day-to-day use, with additional nearby parking and access to neighborhood amenities.
Built in 1989, the home is also conveniently located near major routes, including Route 295, Route 55, Route 42, the Atlantic City Expressway, and the NJ Turnpike, supporting quick commuting. Shopping, restaurants, parks, and the Deptford Mall are also nearby.
Residents also have access to community amenities, including an in-ground pool and well-maintained grounds. The property is positioned within the community for convenient day-to-day use, with additional nearby parking and access to neighborhood amenities.
Built in 1989, the home is also conveniently located near major routes, including Route 295, Route 55, Route 42, the Atlantic City Expressway, and the NJ Turnpike, supporting quick commuting. Shopping, restaurants, parks, and the Deptford Mall are also nearby.
Key Highlights
- Second‑floor condo with a private balcony
- Two bedrooms and two full bathrooms
- Kitchen with stainless steel appliances
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $28.9k | $22.56 |
| − Vacancy | −$1.7k | −$1.31 |
| EGI | $27.2k | $21.25 |
| − OpEx | −$12.3k | −$9.56 |
| NOI | $15.0k | $11.69 |
1,281 SF · lease $22.56/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$213.9K
$187.2K – $249.6K
NOI $14,973 @ 7.0% cap · market cap 5.87%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$430.6K
$376.8K – $502.4K
NOI $30,142 @ 7.0% cap · market cap 11.83%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
127
Businesses Nearby
Explore this area
Business Placement
Demographics for 08096, NJ
36,355
Population
15,013
Households
2.4
Avg Household Size
41
Median Age
30%
College-Educated
92%
High-School Grad
13.9 sq mi
ZIP Area
2,615
Density / Sq Mi
$89,483
Median Household Income
$49,480
Median Earnings
$1,446
Median Rent
$248,400
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - Second-floor condo with two bedrooms, two full baths, and a private balcony in a community with an in-ground pool.
Where is this residential income property located?
The property is located at 152 STEEPLECHASE COURT Deptford, NJ.
What is the asking price?
The asking price for this property is $254,900.
What are key features of this property?
This property features: Second‑floor condo with a private balcony; Two bedrooms and two full bathrooms; Kitchen with stainless steel appliances
