Two-Bedroom Residential
213 ASHLEY RUN, Voorhees, NJ 08043
For Sale
$264,999
Ground-level layout includes two full bathrooms, a walk-in closet, and a fireplace.
Property Size1,080 SF
Price / SF$245.37
Days on Market126
Property Features for 213 ASHLEY RUN
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Additional Details
Public Transit
Taxes and HOA fees
Annual Taxes
Amenities
hardwood floors
newer HVAC system
walk-in closet
storage shed
ceiling fan
fireplace
Building Details
Building Size
Year Built
Listing Agency:
Garden State Properties Group - Merchantville
Listed By:
robert j gullo
(609) 332-0967
Source:
Desantis-realestate
Added: Jul 7
Changed: Nov 7
Last Checked: Nov 8 at 12:45PM
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 Garden State Properties Group - Merchantville
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Investment Insights
Based on property information with market context.
This 1,080-square-foot first-floor residential unit was built in 1989 and has two bedrooms and two full bathrooms. Interior features include hardwood flooring, a walk-in closet, a ceiling fan, and a fireplace. The property also includes a storage shed, and the grounds are maintained. A newer HVAC system is installed.
The unit is near the Ashland PATCO station, with rail access toward the city and shore.
The unit is near the Ashland PATCO station, with rail access toward the city and shore.
Key Highlights
- 1,080‑square‑foot, first‑floor unit with two bedrooms and two full bathrooms
- Hardwood flooring, fireplace, ceiling fan, and walk‑in closet
- Newer HVAC system
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,968
Cap Rate
4.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$219,360
$219.4K
Cap Rate 7%
$156,686
$156.7K
Cap Rate 9%
$121,867
$121.9K
Market Conditions
NOI Build-Up for 1,080 SF
Gross rent
$21.1K $19.56/SF
− Vacancy
−$1.2K −$1.10/SF
EGI
$19.9K $18.46/SF
− OpEx
−$9.0K −$8.31/SF
NOI
$11.0K $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%
$219,360
Cap Rate 7%
$156,686
Cap Rate 9%
$121,867
Alternative Uses
Best Use
Apartment 5plus
$156.7K
$137.1K – $182.8K
NOI $10,968 @ 7.0% cap · market cap 4.14%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$273.8K
$239.6K – $319.5K
NOI $19,169 @ 7.0% cap · market cap 7.23%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
193
Businesses Nearby
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Business Placement
Demographics for 08043, NJ
31,069
Population
12,688
Households
2.4
Avg Household Size
43
Median Age
60%
College-Educated
96%
High-School Grad
11.5 sq mi
ZIP Area
2,702
Density / Sq Mi
$112,606
Median Household Income
$65,078
Median Earnings
$1,718
Median Rent
$390,600
Median Home Value
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Market
Average Price Trend$/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 - Ground-level layout includes two full bathrooms, a walk-in closet, and a fireplace.
Where is this residential income property located?
The property is located at 213 ASHLEY RUN Voorhees, NJ.
What is the asking price?
The asking price for this property is $264,999.
What are key features of this property?
This property features: 1,080‑square‑foot, first‑floor unit with two bedrooms and two full bathrooms; Hardwood flooring, fireplace, ceiling fan, and walk‑in closet; Newer HVAC system
