Renovated Residential Income
For Sale
$320,000
4403 ABERDEEN DRIVE #B, Mount Laurel, NJ 08054
Two-level condominium with flexible loft space, updated appliances, and a private balcony.
Property Size1,340 SF
Price / SF$238.81
Days on Market53
Property Features for 4403 ABERDEEN DRIVE #B
General Information
Standard status
Active
Size
1,340 SF
Property subtype
Apartment
Additional Details
Multifamily Units
1
Building Details
Year Built
1990
Listing Agency:
Keller Williams Realty West Monmouth
(732) 536-9010
Listed By:
Matthew Merritt · License #674720
(732) 942-5280
Source:
Cummingsrealtors
Added: Sep 14
Changed: Nov 5
Last Checked: Nov 4 at 2:52PM
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 Realty West Monmouth
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Investment Insights
Based on property information with market context.
This residential income property is a renovated condominium in Brittany Commons with 1,340 square feet arranged across two levels. The layout includes 2 bedrooms, 2.5 baths, a living room, formal dining area, kitchen with updated appliances, and a loft. Vaulted ceilings, skylights, laminate flooring, and a spiral staircase add distinctive interior character. The primary suite includes a private bathroom, while the loft can serve as office, living, or hobby space. A private balcony extends the usable area outdoors.
Built in 1990, the condominium is located at 4403 Aberdeen Drive #B in Mount Laurel, New Jersey. The property offers a defined residential configuration with multiple living areas and a flexible upper-level layout.
Built in 1990, the condominium is located at 4403 Aberdeen Drive #B in Mount Laurel, New Jersey. The property offers a defined residential configuration with multiple living areas and a flexible upper-level layout.
Key Highlights
- 1,340‑square‑foot condominium with a two‑level layout
- 2 bedrooms and 2.5 baths
- Renovated interior with updated kitchen appliances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,551
Cap Rate
5.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$351,020
$351.0K
Cap Rate 7%
$250,729
$250.7K
Cap Rate 9%
$195,011
$195.0K
Market Conditions
NOI Build-Up for 1,340 SF
Gross rent
$33.8K $25.20/SF
− Vacancy
−$1.9K −$1.39/SF
EGI
$31.9K $23.81/SF
− OpEx
−$14.4K −$10.72/SF
NOI
$17.6K $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%
$351,020
Cap Rate 7%
$250,729
Cap Rate 9%
$195,011
Alternative Uses
Best Use
Apartment 5plus
$250.7K
$219.4K – $292.5K
NOI $17,551 @ 7.0% cap · market cap 5.48%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$2.80M
$2.45M – $3.27M
NOI $196,181 @ 7.0% cap · market cap 61.31%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
459
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
Frequently Asked Questions
What type of property is this?
Residential income property - Two-level condominium with flexible loft space, updated appliances, and a private balcony.
Where is this residential income property located?
The property is located at 4403 ABERDEEN DRIVE #B Mount Laurel, NJ.
What is the asking price?
The asking price for this property is $320,000.
What are key features of this property?
This property features: 1,340‑square‑foot condominium with a two‑level layout; 2 bedrooms and 2.5 baths; Renovated interior with updated kitchen appliances
