First-Floor Residential
New
For Sale
$250,000
16 N MAPLE STREET Unit A1, Woodbury, NJ 08096
A finished basement and private patio add flexible living space to this single-level condo.
Property Size1,161 SF
Days on Market6
Property Features for 16 N MAPLE STREET Unit A1
General Information
Standard status
Active
Size
1,161 SF
Property subtype
Unit/Flat/Apartment
Units
Unit Mix
2BR/1.5BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$4,957
Building Details
Building Size
1,161 SF
Year Built
1987
Listing Agency:
BHHS Fox & Roach-Washington-Gloucester
Listed By:
Darlene Fiore · License #0343258
(856) 625-7959
Source:
Patmckennarealtors
Added: Oct 21
Changed: Oct 25
Last Checked: Oct 25 at 2:43AM
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 BHHS Fox & Roach-Washington-Gloucester
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This first-floor condo has two bedrooms and one-and-a-half bathrooms, with the bedrooms and full bathroom on the main level. The finished basement adds additional interior space, while a private patio extends the living area outdoors. The kitchen has stainless steel appliances and ample cabinetry. Updates include flooring, paint, kitchen and bathroom improvements, light fixtures, and newer heating, air conditioning, and water-heating equipment. The property was built in 1987.
Assigned parking is included, with guest parking also available. The association handles exterior maintenance, lawn care, and snow removal. The property is described as near major highways, shops, and restaurants, and minutes from Philadelphia.
Assigned parking is included, with guest parking also available. The association handles exterior maintenance, lawn care, and snow removal. The property is described as near major highways, shops, and restaurants, and minutes from Philadelphia.
Key Highlights
- First‑floor condo with two bedrooms and 1.5 bathrooms
- Finished basement provides additional interior space
- Private patio
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,570
Cap Rate
5.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$271,400
$271.4K
Cap Rate 7%
$193,857
$193.9K
Cap Rate 9%
$150,778
$150.8K
Market Conditions
NOI Build-Up for 1,161 SF
Gross rent
$26.2K $22.56/SF
− Vacancy
−$1.5K −$1.31/SF
EGI
$24.7K $21.25/SF
− OpEx
−$11.1K −$9.56/SF
NOI
$13.6K $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%
$271,400
Cap Rate 7%
$193,857
Cap Rate 9%
$150,778
Alternative Uses
Best Use
Apartment 5plus
$193.9K
$169.6K – $226.2K
NOI $13,570 @ 7.0% cap · market cap 5.43%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$390.3K
$341.5K – $455.3K
NOI $27,318 @ 7.0% cap · market cap 10.93%
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
284
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
Frequently Asked Questions
What type of property is this?
Residential income property - A finished basement and private patio add flexible living space to this single-level condo.
Where is this residential income property located?
The property is located at 16 N MAPLE STREET Unit A1 Woodbury, NJ.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: First‑floor condo with two bedrooms and 1.5 bathrooms; Finished basement provides additional interior space; Private patio
