Three-Bedroom Residential
19 SUMMIT COURT, Marlton, NJ 08053
For Sale
$299,000
Two balconies extend the unit’s living area outdoors, with three bedrooms arranged across two levels.
Property Size1,425 SF
Price / SF$209.82
Days on Market128
Property Features for 19 SUMMIT COURT
General Information
Standard status
Size
Property subtype
Additional Details
Multifamily Units
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Stories
Listing Agency:
HomeSmart First Advantage Realty
Listed By:
Emre Yucel · License #RS370340
(856) 278-0951
Source:
Desantis-realestate
Added: Jul 5
Changed: Nov 7
Last Checked: Nov 8 at 1:37PM
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 HomeSmart First Advantage Realty
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Investment Insights
Based on property information with market context.
This two-story residential condominium contains 1,425 square feet, with three bedrooms and two bathrooms. The main floor combines the living room with a renovated kitchen and dining area featuring modern cabinetry, quartz countertops, and tile flooring. Two balconies provide outdoor space, while the upper level includes a primary bedroom set apart from two additional bedrooms. Built in 1989, the unit is located in Oak Hollow, a condo community in Marlton, New Jersey.
The community is described as a tree-filled residential setting with parking. Its location is minutes from shopping, dining, and major roadways.
The community is described as a tree-filled residential setting with parking. Its location is minutes from shopping, dining, and major roadways.
Key Highlights
- Three‑bedroom, two‑bathroom layout across two levels
- 1,425 square feet
- Renovated kitchen with modern cabinetry, quartz countertops, and tile flooring
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,472
Cap Rate
4.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$289,440
$289.4K
Cap Rate 7%
$206,743
$206.7K
Cap Rate 9%
$160,800
$160.8K
Market Conditions
NOI Build-Up for 1,425 SF
Gross rent
$27.9K $19.56/SF
− Vacancy
−$1.6K −$1.10/SF
EGI
$26.3K $18.46/SF
− OpEx
−$11.8K −$8.31/SF
NOI
$14.5K $10.16/SF
Area
Camden County, NJ
Vacancy
5.60%
Lease Rate
$19.56 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$289,440
Cap Rate 7%
$206,743
Cap Rate 9%
$160,800
Alternative Uses
Best Use
Apartment 5plus
$206.7K
$180.9K – $241.2K
NOI $14,472 @ 7.0% cap · market cap 4.84%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$361.3K
$316.2K – $421.5K
NOI $25,292 @ 7.0% cap · market cap 8.46%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
82
Businesses Nearby
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Business Placement
Demographics for 08053, NJ
46,826
Population
20,090
Households
2.3
Avg Household Size
43
Median Age
53%
College-Educated
98%
High-School Grad
29.2 sq mi
ZIP Area
1,604
Density / Sq Mi
$116,745
Median Household Income
$67,439
Median Earnings
$1,939
Median Rent
$368,100
Median Home Value
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Market
Average Price Trend$/SF for Residential income properties in Camden County, NJ
Properties on Market for Residential income properties in Camden County
Frequently Asked Questions
What type of property is this?
Residential income property - Two balconies extend the unit’s living area outdoors, with three bedrooms arranged across two levels.
Where is this residential income property located?
The property is located at 19 SUMMIT COURT Marlton, NJ.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Three‑bedroom, two‑bathroom layout across two levels; 1,425 square feet; Renovated kitchen with modern cabinetry, quartz countertops, and tile flooring
