Residential Income Property with Courtyard
For Sale
$140,000
210 E MAPLE AVENUE Unit C6, Merchantville, NJ 08109
The second-floor condominium includes shared laundry and a dedicated private storage unit.
Property Size760 SF
Days on Market9
Property Features for 210 E MAPLE AVENUE Unit C6
General Information
Standard status
Active
Size
760 SF
Property subtype
Unit/Flat/Apartment
Units
Unit Mix
1 x 2BR/1BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$4,346
Amenities
courtyard
shared laundry
private storage
decorative fireplace
Building Details
Building Size
760 SF
Year Built
1920
Listing Agency:
BHHS Fox & Roach-Moorestown
Listed By:
Erin K Lewandowski
(856) 308-4381
Source:
Patmckennarealtors
Added: Sep 29
Changed: Oct 5
Last Checked: Oct 6 at 12:43AM
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-Moorestown
Investment Insights
Based on property information with market context.
Set on the second floor of Greenleigh Court, this two-bedroom, one-bath condominium looks onto a shared courtyard. The building dates to 1920. Inside, hardwood floors run throughout, with a decorative fireplace and a kitchen finished with white cabinetry, granite countertops, and a hexagonal ceramic tile floor. The unit also has newer windows and a private storage space; building laundry is shared. The monthly fee includes heat and water.
The property is a few blocks from downtown Merchantville, with Eclipse Brewery, Blue Monkey Tavern, and Aunt Charlotte's Chocolates and Candies among the nearby businesses. Merchantville also has a walking path, a gazebo, and two parks with playgrounds.
The property is a few blocks from downtown Merchantville, with Eclipse Brewery, Blue Monkey Tavern, and Aunt Charlotte's Chocolates and Candies among the nearby businesses. Merchantville also has a walking path, a gazebo, and two parks with playgrounds.
Key Highlights
- Two‑bedroom, one‑bath second‑floor condominium
- Courtyard outlook at Greenleigh Court
- Kitchen with white cabinetry, granite countertops, and hexagonal ceramic tile flooring
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$7,718
Cap Rate
5.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$154,360
$154.4K
Cap Rate 7%
$110,257
$110.3K
Cap Rate 9%
$85,756
$85.8K
Market Conditions
NOI Build-Up for 760 SF
Gross rent
$14.9K $19.56/SF
− Vacancy
−$832 −$1.10/SF
EGI
$14.0K $18.46/SF
− OpEx
−$6.3K −$8.31/SF
NOI
$7.7K $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%
$154,360
Cap Rate 7%
$110,257
Cap Rate 9%
$85,756
Alternative Uses
Best Use
Apartment 5plus
$110.3K
$96.5K – $128.6K
NOI $7,718 @ 7.0% cap · market cap 5.51%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$192.7K
$168.6K – $224.8K
NOI $13,489 @ 7.0% cap · market cap 9.64%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
695
Businesses Nearby
Explore this area
Business Placement
Demographics for 08109, NJ
23,306
Population
9,314
Households
2.5
Avg Household Size
41
Median Age
27%
College-Educated
86%
High-School Grad
4.8 sq mi
ZIP Area
4,855
Density / Sq Mi
$84,332
Median Household Income
$44,288
Median Earnings
$1,142
Median Rent
$227,200
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - The second-floor condominium includes shared laundry and a dedicated private storage unit.
Where is this residential income property located?
The property is located at 210 E MAPLE AVENUE Unit C6 Merchantville, NJ.
What is the asking price?
The asking price for this property is $140,000.
What are key features of this property?
This property features: Two‑bedroom, one‑bath second‑floor condominium; Courtyard outlook at Greenleigh Court; Kitchen with white cabinetry, granite countertops, and hexagonal ceramic tile flooring
