Renovated Residential Income
For Sale
$199,999
25 S CHURCH ROAD Unit 131, Maple Shade, NJ 08052
First-floor condominium with updated interiors, included appliances, and an in-place tenant through 12/31/2026.
Property Size1,192 SF
Days on Market413
Property Features for 25 S CHURCH ROAD Unit 131
General Information
Standard status
Active
Size
1,192 SF
Property subtype
Unit/Flat/Apartment
Units
Unit Mix
1 x 3BR/1.5BA
Multifamily Units
1
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$4,342
Amenities
Pool
Tennis Courts
Fireplace
Patio
Stackable Washer/Dryer
Building Details
Building Size
1,192 SF
Year Built
1973
Tenancy
Single
Listing Agency:
CThomas Realty
Listed By:
Charles G Thomas · License #7938949
(609) 504-2003
Source:
Patmckennarealtors
Added: Aug 20, 2025
Changed: Oct 6
Last Checked: Oct 5 at 11:14PM
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 CThomas Realty
Investment Insights
Based on property information with market context.
This first-floor condominium offers three bedrooms and one-and-a-half bathrooms in a recently renovated interior. Improvements include a new kitchen, updated bathroom, wood laminate flooring, and a living room with a fireplace and patio access. A stackable washer/dryer, refrigerator, dishwasher, and range are included. The unit was built in 1973 and is currently leased, with the existing lease ending 12/31/2026.
The association maintains the shared areas, lawn, building exterior, snow removal, swimming pool, and tennis courts. Water and sewer are included in the Condo Fee. The development is in Maple Shade, NJ, near shopping, restaurants, and major highways. The association has also replaced the roof.
The association maintains the shared areas, lawn, building exterior, snow removal, swimming pool, and tennis courts. Water and sewer are included in the Condo Fee. The development is in Maple Shade, NJ, near shopping, restaurants, and major highways. The association has also replaced the roof.
Key Highlights
- Three‑bedroom, 1.5‑bath first‑floor condominium
- Recently renovated with a new kitchen, updated bathroom, and wood laminate flooring
- Lease in place through 12/31/2026
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,331
Cap Rate
9.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$366,620
$366.6K
Cap Rate 7%
$261,871
$261.9K
Cap Rate 9%
$203,678
$203.7K
Market Conditions
NOI Build-Up for 1,192 SF
Gross rent
$35.8K $30.00/SF
− Vacancy
−$2.4K −$2.04/SF
EGI
$33.3K $27.96/SF
− OpEx
−$15.0K −$12.58/SF
NOI
$18.3K $15.38/SF
Area
Ocean County, NJ
Vacancy
6.80%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$366,620
Cap Rate 7%
$261,871
Cap Rate 9%
$203,678
Alternative Uses
Best Use
Apartment 5plus
$261.9K
$229.1K – $305.5K
NOI $18,331 @ 7.0% cap · market cap 9.17%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$311.3K
$272.4K – $363.1K
NOI $21,788 @ 7.0% cap · market cap 10.89%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
1
Residential units
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
367
Businesses Nearby
Explore this area
Business Placement
Demographics for 08052, NJ
20,003
Population
9,401
Households
2.1
Avg Household Size
38
Median Age
34%
College-Educated
96%
High-School Grad
3.8 sq mi
ZIP Area
5,264
Density / Sq Mi
$75,732
Median Household Income
$49,963
Median Earnings
$1,574
Median Rent
$235,500
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - First-floor condominium with updated interiors, included appliances, and an in-place tenant through 12/31/2026.
Where is this residential income property located?
The property is located at 25 S CHURCH ROAD Unit 131 Maple Shade, NJ.
What is the asking price?
The asking price for this property is $199,999.
What are key features of this property?
This property features: Three‑bedroom, 1.5‑bath first‑floor condominium; Recently renovated with a new kitchen, updated bathroom, and wood laminate flooring; Lease in place through 12/31/2026
