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Upper-Level Residential Condo
For Sale
$229,000

202 HUNTER COURT, Marlton, NJ 08053

A separate den, patio access, and an open living and dining area shape the unit’s layout.

Property Size904 SF
Price / SF$253.32
Days on Market62

Property Features for 202 HUNTER COURT

General Information

Standard status Active
Size 904 SF
Property subtype Unit/Flat/Apartment

Additional Details

Highway Access Yes
Multifamily Units 1

Taxes and HOA fees

Annual Taxes $4,241

Amenities

pool

Building Details

Building Size 904 SF
Year Built 1974
Listing Agency: Fireside Associates LLC
Listed By: Andrew Herskowitz · License #8435087
Source: Desantis-realestate
Added: Aug 27 Changed: Oct 27 Last Checked: Oct 27 at 3:11AM

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 Fireside Associates LLC

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Investment Insights

Based on property information with market context.

This 904-square-foot upper-level condo in Marlton Meeting has an open living and dining area with access to a second-floor patio. The kitchen has updated cabinetry and includes appliances. A separate den and a main bedroom with a walk-in closet add distinct spaces within the unit. The building dates to 1974; the heater and hot water heater were replaced in 2023.

Parking is available in front of the unit, and residents have access to a community pool. The community is near dining, shopping, Routes 70 and 73. Pets are permitted.

Key Highlights

  • 904‑square‑foot upper‑level condo
  • Open living and dining area with access to a second‑floor patio
  • Separate den and main bedroom with walk‑in closet

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$9,181
Cap Rate
4.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$183,620 $183.6K
Cap Rate 7%
$131,157 $131.2K
Cap Rate 9%
$102,011 $102.0K
Market Conditions
NOI Build-Up for 904 SF
Gross rent
$17.7K $19.56/SF
− Vacancy
−$990 −$1.10/SF
EGI
$16.7K $18.46/SF
− OpEx
−$7.5K −$8.31/SF
NOI
$9.2K $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%
$183,620
Cap Rate 7%
$131,157
Cap Rate 9%
$102,011

Alternative Uses

Best Use
Apartment 5plus
$131.2K
$114.8K – $153.0K (±1% cap)
NOI $9,181 @ 7.0% cap · market cap 4.01%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$229.2K
$200.6K – $267.4K (±1% cap)
NOI $16,045 @ 7.0% cap · market cap 7.01%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

1
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

82
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Frequently Asked Questions

What type of property is this?
Residential income property - A separate den, patio access, and an open living and dining area shape the unit’s layout.
Where is this residential income property located?
The property is located at 202 HUNTER COURT Marlton, NJ.
What is the asking price?
The asking price for this property is $229,000.
What are key features of this property?
This property features: 904‑square‑foot upper‑level condo; Open living and dining area with access to a second‑floor patio; Separate den and main bedroom with walk‑in closet
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