Residential Income Property with
New
For Sale
$250,000
4613 ABERDEEN DRIVE, Mount Laurel, NJ 08054
Fresh paint, new flooring, and a private balcony distinguish this two-bedroom, two-bathroom residence.
Property Size1,008 SF
Days on Market7
Property Features for 4613 ABERDEEN DRIVE
General Information
Standard status
Active
Size
1,008 SF
Property subtype
Unit/Flat/Apartment
Units
Unit Mix
1 x 2BR/2BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$3,710
Amenities
balcony
Building Details
Building Size
1,008 SF
Year Built
1990
Listing Agency:
Coldwell Banker Realty
Listed By:
Kelly D Patrizio
(215) 923-7600
Source:
Patmckennarealtors
Added: Oct 14
Changed: Oct 19
Last Checked: Oct 19 at 2:40PM
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 Coldwell Banker Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This residential property offers two bedrooms and two full bathrooms, with fresh interior paint and new flooring. A private balcony extends the living space outdoors, while ample closet storage supports everyday organization. The residence was built in 1990.
The property is in Mount Laurel, with Wegmans, Costco, shopping, dining, and everyday services described as a short drive away. Local schools are also noted in the surrounding area.
The property is in Mount Laurel, with Wegmans, Costco, shopping, dining, and everyday services described as a short drive away. Local schools are also noted in the surrounding area.
Key Highlights
- Two bedrooms and two full bathrooms
- Private balcony
- Fresh interior paint and new flooring
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,202
Cap Rate
5.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$264,040
$264.0K
Cap Rate 7%
$188,600
$188.6K
Cap Rate 9%
$146,689
$146.7K
Market Conditions
NOI Build-Up for 1,008 SF
Gross rent
$25.4K $25.20/SF
− Vacancy
−$1.4K −$1.39/SF
EGI
$24.0K $23.81/SF
− OpEx
−$10.8K −$10.72/SF
NOI
$13.2K $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%
$264,040
Cap Rate 7%
$188,600
Cap Rate 9%
$146,689
Alternative Uses
Best Use
Apartment 5plus
$188.6K
$165.0K – $220.0K
NOI $13,202 @ 7.0% cap · market cap 5.28%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$2.11M
$1.84M – $2.46M
NOI $147,575 @ 7.0% cap · market cap 59.03%
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 - Fresh paint, new flooring, and a private balcony distinguish this two-bedroom, two-bathroom residence.
Where is this residential income property located?
The property is located at 4613 ABERDEEN DRIVE Mount Laurel, 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 bedrooms and two full bathrooms; Private balcony; Fresh interior paint and new flooring
