Residential Income Property with
35 SEQUOIA COURT, Marlton, NJ 08053
For Sale
$250,000
Pending
Two-bedroom condominium with two full baths, private outdoor space, and community recreation amenities.
Property Size1,011 SF
Days on Market50
Property Features for 35 SEQUOIA COURT
General Information
Standard status
Size
Property subtype
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Listing Agency:
Keller Williams - Main Street
Listed By:
Sara Jones · License NJ #2567062
(609) 220-7935
Source:
Brucerealty
Added: Sep 21
Changed: Nov 9
Last Checked: Nov 8 at 3:48PM
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 Keller Williams - Main Street
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Investment Insights
Based on property information with market context.
Built in 1987, this two-bedroom, two-full-bath condominium offers a practical layout with several recent updates. The kitchen includes newer appliances, a pantry, and a breakfast bar, while the living area features updated flooring, double sliding doors, and access to a private balcony with wooded views. The primary bedroom includes a walk-in closet and its own full bathroom. An in-unit laundry room and exterior storage unit add everyday convenience, and the HVAC system is newer.
Located in the Shannon Greene section of Kings Grant in Marlton, the property provides access to a community pool, tennis courts, playgrounds, walking trails, and a lake. Shopping, dining, parks, and major highways are nearby.
Located in the Shannon Greene section of Kings Grant in Marlton, the property provides access to a community pool, tennis courts, playgrounds, walking trails, and a lake. Shopping, dining, parks, and major highways are nearby.
Key Highlights
- Two‑bedroom condominium with two full bathrooms
- Private balcony with wooded views
- Newer appliances and HVAC system
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,267
Cap Rate
4.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$205,340
$205.3K
Cap Rate 7%
$146,671
$146.7K
Cap Rate 9%
$114,078
$114.1K
Market Conditions
NOI Build-Up for 1,011 SF
Gross rent
$19.8K $19.56/SF
− Vacancy
−$1.1K −$1.10/SF
EGI
$18.7K $18.46/SF
− OpEx
−$8.4K −$8.31/SF
NOI
$10.3K $10.16/SF
Area
Camden County, NJ
Vacancy
5.60%
Lease Rate
$19.56 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$205,340
Cap Rate 7%
$146,671
Cap Rate 9%
$114,078
Alternative Uses
Best Use
Apartment 5plus
$146.7K
$128.3K – $171.1K
NOI $10,267 @ 7.0% cap · market cap 4.11%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$256.3K
$224.3K – $299.1K
NOI $17,944 @ 7.0% cap · market cap 7.18%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
82
Businesses Nearby
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Demographics for 08053, NJ
46,826
Population
20,090
Households
2.3
Avg Household Size
43
Median Age
53%
College-Educated
98%
High-School Grad
29.2 sq mi
ZIP Area
1,604
Density / Sq Mi
$116,745
Median Household Income
$67,439
Median Earnings
$1,939
Median Rent
$368,100
Median Home Value
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Market
Average Price Trend$/SF for Residential income properties in Camden County, NJ
Properties on Market for Residential income properties in Camden County
Frequently Asked Questions
What type of property is this?
Residential income property - Two-bedroom condominium with two full baths, private outdoor space, and community recreation amenities.
Where is this residential income property located?
The property is located at 35 SEQUOIA COURT Marlton, NJ.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Two‑bedroom condominium with two full bathrooms; Private balcony with wooded views; Newer appliances and HVAC system
