Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    2301 Memorial Ct Atco, NJ 08004

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $285,000

    Charming 2-bedroom ranch with finished basement and no HOA.

    Property size:
    960 SF
    Lot size:
    0.14 Acres

    Property Features for 2301 Memorial Ct

    General Information

    Size
    960 SF
    Lot size
    0.14 Acres

    Building Details

    Year built
    1987

    We can help!

    Listing Contact
    Kara Stone
    Source: Kw

    Listing Agent: Kara Stone

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Updated Ranch End Unit

    This updated 2-bedroom, 1-bath end-unit ranch townhouse offers easy living with no HOA fees. The property features a newer roof (2023), hot water heater (2024), front door (2024), and skylight (2023), along with a washer, dishwasher, and stove (2024). The interior has been freshly painted and features brand-new luxury vinyl plank flooring throughout. A skylight enhances the natural light in the spacious living area. The property includes a fully finished basement, suitable for a family room, home office, or gym, with bilco door access for easy entry and storage. A brand new radon mitigation system is scheduled to be installed by 9/4. The property size is 960 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Atco
    County
    Camden
    State
    New Jersey
    Longitude
    -74.9000164
    Latitude
    39.7742382

    Nearby Similar for Sale

    • New
      $199,900
      6,348 SF

      Former Restaurant/Bar/Catering Hall For Sale

      Former restaurant/bar/catering hall with ample parking on 1.3 acres.
      763 White Horse Pike, Atco, NJ 08004
      View Details
    • $290,000
      0.33 Acres

      Established Deli & Mini Diner

      Turnkey business with loyal following in prime corner location.
      294 Jackson Rd, Atco, NJ 08004
      View Details
    • $315,000

      Updated Home with Backyard Oasis

      Move-in ready 3-bedroom home with modern upgrades and stunning backyard.
      191 Villas Ct, Atco, NJ 08004
      View Details
    • $1,199,900
      8,500 SF

      Atco Brewery Opportunity

      Thriving brewery with modern amenities and high visibility in Atco.
      2208 Atco Ave, Atco, NJ 08004
      View Details
    • Contact for pricing
      5,358 SF

      Medical/Professional Office Building For Sale

      Single-story office building with leased suites and ample parking.
      501 5Th St, Atco, NJ 08004
      View Details
    • Contact for pricing
      688,125 SF

      Approved Site Plan, Trailer Parking

      Industrial property with approved site plan and trailer parking.
      1 Cw Haines Blvd, Atco, NJ
      View Details
    • $299,000
      6,348 SF

      000 . Property serviced by well and septic

      condition unknown. ***This property needs full renovation
      763 White Horse Pike, Atco, NJ 08004
      View Details
    • Contact for pricing
      0.62 Acres

      High-Visibility Atco Retail Space

      Prime Retail Space, High Traffic Location, Immediate Occupancy
      482 White Horse Pike, Atco, NJ 08004
      View Details
    • $395,000
      1.33 Acres

      Atco Commercial Lot - High Visibility

      Prime 1.3-acre lot, ready to build.
      275 White Horse Pike, Atco, NJ 08004
      View Details

    FAQs

    What type of property is this?
    Single family property - Charming 2-bedroom ranch with finished basement and no HOA.
    Where is this single family property located?
    The property is located at 2301 Memorial Ct Atco, NJ.
    What is the asking price?
    The asking price for this property is $285,000.
    What are key features of this property?
    This property features: - End-unit ranch townhouse; - No HOA fees; - Recently updated with newer roof (2023), hot water heater (2024), front door (2024), skylight (2023), washer, dishwasher and stove (2024)
    (866) 201-6210
    Request Owner's contact information
    2301 Memorial Ct Atco, NJ 08004
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2301 Memorial Ct
    Atco, NJ 08004
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2301 Memorial Ct Atco, NJ 08004
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Kara Stone
    (866) 201-6210
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.