First-Floor Condo with Private
For Sale
$149,900
18 DOVER COURT, Clementon, NJ 08021
Maintenance-free HOA living with two bedrooms, a private fully fenced backyard, patio, and direct sliding-door access from the living room.
Days on Market12
Property Features for 18 DOVER COURT
General Information
Standard status
Active
Property subtype
Unit/Flat/Apartment
Additional Details
Highway Access
Yes
Amenities
community pools
Building Details
Building Size
828 SF
Year Built
1972
Listing Agency:
BHHS Fox & Roach-Washington-Gloucester
(856) 625-7959
Listed By:
Darlene Fiore · License #0343258
(856) 625-7959
Source:
Brucerealty
Added: Jul 20
Changed: Jul 31
Last Checked: Jul 31 at 1:19AM
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
Investment Insights
Based on property information with market context.
This first-floor condo offers comfortable one-floor living with two bedrooms, one full bath, and a separate laundry room. The living area features an open layout with the kitchen opened to the living room and a convenient breakfast bar. A private fully fenced backyard adds outdoor space with a patio, a storage shed, and sliding door access from the living room.
Interior updates include fresh paint, raised-panel interior doors, and new flooring with wood-look ceramic tile throughout the kitchen, hallway, bathroom, and laundry room. Built in 1972, the home is set up for low-maintenance living through an HOA that covers exterior maintenance, roof, siding, lawn care, snow removal, trash collection, and access to two community pools.
Conveniently located near shopping, restaurants, and major highways, the home supports an easy daily routine for residents looking for a simpler alternative to renting.
Interior updates include fresh paint, raised-panel interior doors, and new flooring with wood-look ceramic tile throughout the kitchen, hallway, bathroom, and laundry room. Built in 1972, the home is set up for low-maintenance living through an HOA that covers exterior maintenance, roof, siding, lawn care, snow removal, trash collection, and access to two community pools.
Conveniently located near shopping, restaurants, and major highways, the home supports an easy daily routine for residents looking for a simpler alternative to renting.
Key Highlights
- Two‑bedroom, one‑bath first‑floor condo with separate laundry room
- Kitchen opened to the living room with breakfast bar
- Private fully fenced backyard with patio, storage shed, and sliding‑door access
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 | $16.2k | $19.56 |
| − Vacancy | −$907 | −$1.10 |
| EGI | $15.3k | $18.46 |
| − OpEx | −$6.9k | −$8.31 |
| NOI | $8.4k | $10.16 |
828 SF · lease $19.56/SF/yr · vacancy 5.60% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$120.1K
$105.1K – $140.2K
NOI $8,409 @ 7.0% cap · market cap 5.61%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$209.9K
$183.7K – $244.9K
NOI $14,696 @ 7.0% cap · market cap 9.80%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
479
Businesses Nearby
Explore this area
Business Placement
Demographics for 08021, NJ
51,458
Population
22,195
Households
2.3
Avg Household Size
37
Median Age
25%
College-Educated
90%
High-School Grad
13.0 sq mi
ZIP Area
3,958
Density / Sq Mi
$67,439
Median Household Income
$42,864
Median Earnings
$1,288
Median Rent
$192,200
Median Home Value
Market
Properties on Market for Residential income properties in Camden County
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - Maintenance-free HOA living with two bedrooms, a private fully fenced backyard, patio, and direct sliding-door access from the living room.
Where is this residential income property located?
The property is located at 18 DOVER COURT Clementon, NJ.
What is the asking price?
The asking price for this property is $149,900.
What are key features of this property?
This property features: Two‑bedroom, one‑bath first‑floor condo with separate laundry room; Kitchen opened to the living room with breakfast bar; Private fully fenced backyard with patio, storage shed, and sliding‑door access
