Townhome with Two-Tier
301 WESTERLY DRIVE Marlton, NJ 08053
New
For Sale
$360,000
SINGLE_FAMILY - MARLTON, NJ
Property Size1,836 SF
Price / SF$196.08
Days on Market2
Property Features for 301 WESTERLY DRIVE
General Information
- Property type
- Residential
- Property subtype
- Duplex
- Bedrooms
- 3
- Bathrooms
- 3
- Rooms
- Bedroom 2, Bedroom 1, Bedroom 3
- Standard status
- Active
- Size
- 1,836 SF
Building Details
- Year built
- 1979
Listing Agency:
BHHS Fox & Roach Marlton-Voorhees Home Marketing Center
(856) 810-5300
Listed By:
Ivan Kiyatkin · License #229421
(856) 287-7321
Added: Jul 24
Changed: Jul 25
Last Checked: Jul 25 at 3:06PM
MLS# NJBL2117236
Copyright © 2026 Berkshire Hathaway HomeServices Fox & Roach, Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located at 301 Westerly Drive in Marlton, NJ, this Greentree Village townhome is offered as a HUD Home (Case 351-582470). The first floor includes a living room, dining room, expansive kitchen, and a family room with a fireplace and cathedral ceilings, plus a half bath, laundry room, and a one-car garage. The second floor features a primary bedroom with an ensuite bath and large walk-in closet, along with a hall bath and two additional bedrooms.
Outside, enjoy a two-tier deck and a large yard that backs to woods. The home is described as being within Greentree Village, close to shopping, dining, and commuter routes.
Financing status is IE-Insured Escrow, subject to appraisal, and it is listed as FHA 203(k) eligible. Availability is noted for owner occupants, nonprofits, and government agencies for the first 15 days with a simultaneous bid period after 10 days on market. Buyers are responsible for transfer tax, inspections/certifications, and any required Certificate of Occupancy, and are advised to verify HOA fees and available amenities.
Outside, enjoy a two-tier deck and a large yard that backs to woods. The home is described as being within Greentree Village, close to shopping, dining, and commuter routes.
Financing status is IE-Insured Escrow, subject to appraisal, and it is listed as FHA 203(k) eligible. Availability is noted for owner occupants, nonprofits, and government agencies for the first 15 days with a simultaneous bid period after 10 days on market. Buyers are responsible for transfer tax, inspections/certifications, and any required Certificate of Occupancy, and are advised to verify HOA fees and available amenities.
Key Highlights
- HUD Home (Case 351‑582470) with IE‑Insured Escrow—subject to appraisal
- 1979‑built townhome in Greentree with 3 bedrooms and multiple living/family spaces
- First floor includes living room, dining room, expansive kitchen, family room with fireplace and cathedral ceilings, plus half bath and laundry room
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $35.9k | $19.56 |
| − Vacancy | −$2.0k | −$1.10 |
| EGI | $33.9k | $18.46 |
| − OpEx | −$15.3k | −$8.31 |
| NOI | $18.6k | $10.16 |
1,836 SF · lease $19.56/SF/yr · vacancy 5.60% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$266.4K
$233.1K – $310.8K
NOI $18,646 @ 7.0% cap · market cap 5.18%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$465.5K
$407.3K – $543.1K
NOI $32,587 @ 7.0% cap · market cap 9.05%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Single family properties
FAQs
What type of property is this?
Single family property - Spacious Greentree townhome with two-tier deck, large yard backing to woods, and a one-car garage.
Where is this single family property located?
The property is located at 301 WESTERLY DRIVE Marlton, NJ.
What is the asking price?
The asking price for this property is $360,000.
What are key features of this property?
This property features: HUD Home (Case 351‑582470) with IE‑Insured Escrow—subject to appraisal; 1979‑built townhome in Greentree with 3 bedrooms and multiple living/family spaces; First floor includes living room, dining room, expansive kitchen, family room with fireplace and cathedral ceilings, plus half bath and laundry room
