First-Floor Residential Income
New
For Sale
$229,900
29 UXBRIDGE PLACE, Sewell, NJ 08080
The two-bedroom condo has step-free access, assigned parking, and an association pool.
Property Size1,180 SF
Days on Market7
Property Features for 29 UXBRIDGE PLACE
General Information
Standard status
Active
Size
1,180 SF
Property subtype
Unit/Flat/Apartment
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$4,069
Amenities
pool
Building Details
Building Size
1,180 SF
Year Built
1986
Listing Agency:
BHHS Fox & Roach-Mullica Hill South
Listed By:
Kelly A Skay Gillies
(609) 458-9823
Source:
Brucerealty
Added: Oct 27
Changed: Nov 1
Last Checked: Nov 1 at 4:04PM
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-Mullica Hill South
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Investment Insights
Based on property information with market context.
This first-floor condo in Sewell has two bedrooms, one full bathroom, and one half bath. Hardwood flooring, a den with double sliding glass doors, and a walk-in closet in the den add to the interior layout. Both bedrooms also have walk-in closets, and the primary bedroom has its own full bathroom. The refrigerator, washer, and dryer are included.
Built in 1986, the condo offers step-free entry, assigned parking, and access to an association pool. Shopping, major highways, and neighborhood amenities are nearby.
Built in 1986, the condo offers step-free entry, assigned parking, and access to an association pool. Shopping, major highways, and neighborhood amenities are nearby.
Key Highlights
- Two‑bedroom, first‑floor condo with one full bath and one half bath
- Den with double sliding glass doors and a walk‑in closet
- Walk‑in closets in both bedrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,792
Cap Rate
6.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$275,840
$275.8K
Cap Rate 7%
$197,029
$197.0K
Cap Rate 9%
$153,244
$153.2K
Market Conditions
NOI Build-Up for 1,180 SF
Gross rent
$26.6K $22.56/SF
− Vacancy
−$1.5K −$1.31/SF
EGI
$25.1K $21.25/SF
− OpEx
−$11.3K −$9.56/SF
NOI
$13.8K $11.69/SF
Area
Gloucester County, NJ
Vacancy
5.80%
Lease Rate
$22.56 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$275,840
Cap Rate 7%
$197,029
Cap Rate 9%
$153,244
Alternative Uses
Best Use
Apartment 5plus
$197.0K
$172.4K – $229.9K
NOI $13,792 @ 7.0% cap · market cap 6.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$396.6K
$347.1K – $462.8K
NOI $27,765 @ 7.0% cap · market cap 12.08%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
884
Businesses Nearby
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Business Placement
Demographics for 08080, NJ
37,942
Population
14,746
Households
2.6
Avg Household Size
43
Median Age
44%
College-Educated
96%
High-School Grad
29.2 sq mi
ZIP Area
1,299
Density / Sq Mi
$119,919
Median Household Income
$61,474
Median Earnings
$1,674
Median Rent
$330,400
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - The two-bedroom condo has step-free access, assigned parking, and an association pool.
Where is this residential income property located?
The property is located at 29 UXBRIDGE PLACE Sewell, NJ.
What is the asking price?
The asking price for this property is $229,900.
What are key features of this property?
This property features: Two‑bedroom, first‑floor condo with one full bath and one half bath; Den with double sliding glass doors and a walk‑in closet; Walk‑in closets in both bedrooms
