First-Floor Residential Income
For Sale
$325,000
Pending
3107A CHADBURY ROAD, Mount Laurel, NJ 08054
Updated first-floor residence with a private garage, driveway, and remodeled interior finishes.
Property Size1,391 SF
Days on Market55
Property Features for 3107A CHADBURY ROAD
General Information
Standard status
Pending
Size
1,391 SF
Property subtype
Unit/Flat/Apartment
Additional Details
Highway Access
Yes
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$4,980
Building Details
Building Size
1,391 SF
Year Built
1987
Listing Agency:
Weichert Realtors - Moorestown
Listed By:
Dawn M Hogan · License #125630
(856) 296-0006
Source:
Patmckennarealtors
Added: Sep 3
Changed: Oct 26
Last Checked: Oct 26 at 10:02PM
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 Weichert Realtors - Moorestown
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Investment Insights
Based on property information with market context.
This first-floor residential income property includes a garage and driveway. The interior has been updated with a remodeled kitchen, remodeled bathrooms, new flooring, and an appliance package. Built in 1987, the unit is located at 3107A Chadbury Road in Mount Laurel, New Jersey.
Walking trails are nearby, with access to Interstate 295 and the New Jersey Turnpike. The property is within the Brittany Lakes community and combines a ground-level layout with several completed interior improvements.
Walking trails are nearby, with access to Interstate 295 and the New Jersey Turnpike. The property is within the Brittany Lakes community and combines a ground-level layout with several completed interior improvements.
Key Highlights
- First‑floor unit with garage and driveway
- Remodeled kitchen and bathrooms
- Updated flooring and appliance package
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,219
Cap Rate
5.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$364,380
$364.4K
Cap Rate 7%
$260,271
$260.3K
Cap Rate 9%
$202,433
$202.4K
Market Conditions
NOI Build-Up for 1,391 SF
Gross rent
$35.1K $25.20/SF
− Vacancy
−$1.9K −$1.39/SF
EGI
$33.1K $23.81/SF
− OpEx
−$14.9K −$10.72/SF
NOI
$18.2K $13.10/SF
Area
Burlington County, NJ
Vacancy
5.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$364,380
Cap Rate 7%
$260,271
Cap Rate 9%
$202,433
Alternative Uses
Best Use
Apartment 5plus
$260.3K
$227.7K – $303.7K
NOI $18,219 @ 7.0% cap · market cap 5.61%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$2.91M
$2.55M – $3.39M
NOI $203,647 @ 7.0% cap · market cap 62.66%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Open Analytics
Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
612
Businesses Nearby
Explore this area
Business Placement
Demographics for 08054, NJ
44,633
Population
19,966
Households
2.2
Avg Household Size
44
Median Age
56%
College-Educated
96%
High-School Grad
21.7 sq mi
ZIP Area
2,057
Density / Sq Mi
$114,629
Median Household Income
$67,986
Median Earnings
$1,966
Median Rent
$341,400
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Updated first-floor residence with a private garage, driveway, and remodeled interior finishes.
Where is this residential income property located?
The property is located at 3107A CHADBURY ROAD Mount Laurel, NJ.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: First‑floor unit with garage and driveway; Remodeled kitchen and bathrooms; Updated flooring and appliance package
