Residential Income
For Sale
$350,000
522 WALDEN CIRCLE, Robbinsville, NJ 08691
The second-floor home has vaulted ceilings and updated heating and cooling equipment.
Property Size1,129 SF
Price / SF$310.01
Days on Market8
Property Features for 522 WALDEN CIRCLE
General Information
Standard status
Active
Size
1,129 SF
Property subtype
Apartment
Units
Unit Mix
1 x 2BR/1.5BA
Multifamily Units
1
Additional Details
Highway Access
Yes
Building Details
Year Built
1991
Listing Agency:
Smires & Associates
(609) 259-1414
Listed By:
Edward J Smires Jr. · License #RM426199
(609) 638-2904
Source:
Cummingsrealtors
Added: Oct 9
Changed: Oct 15
Last Checked: Oct 14 at 11:24PM
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 Smires & Associates
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Investment Insights
Based on property information with market context.
This 1,129-square-foot, second-floor condo contains two bedrooms and one-and-a-half bathrooms. The living and dining area has vaulted ceilings, with hardwood flooring in the main living space and ceramic tile in the bathrooms. The building dates to 1991.
Windows and a sliding glass door were replaced in 2022. Heating and central air conditioning were updated in 2024, and the hot water heater dates to 2019. The unit is within the Hampton Chase community in Robbinsville, New Jersey.
Windows and a sliding glass door were replaced in 2022. Heating and central air conditioning were updated in 2024, and the hot water heater dates to 2019. The unit is within the Hampton Chase community in Robbinsville, New Jersey.
Key Highlights
- 1,129‑square‑foot, second‑floor condo
- Two bedrooms and 1.5 bathrooms
- Vaulted ceilings in the living and dining area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,231
Cap Rate
4.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$344,620
$344.6K
Cap Rate 7%
$246,157
$246.2K
Cap Rate 9%
$191,456
$191.5K
Market Conditions
NOI Build-Up for 1,129 SF
Gross rent
$33.9K $30.00/SF
− Vacancy
−$2.5K −$2.25/SF
EGI
$31.3K $27.75/SF
− OpEx
−$14.1K −$12.49/SF
NOI
$17.2K $15.26/SF
Area
Mercer County, NJ
Vacancy
7.50%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$344,620
Cap Rate 7%
$246,157
Cap Rate 9%
$191,456
Alternative Uses
Best Use
Apartment 5plus
$246.2K
$215.4K – $287.2K
NOI $17,231 @ 7.0% cap · market cap 4.92%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$363.2K
$317.8K – $423.8K
NOI $25,427 @ 7.0% cap · market cap 7.26%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
58
Businesses Nearby
Explore this area
Business Placement
Demographics for 08691, NJ
16,866
Population
7,322
Households
2.3
Avg Household Size
43
Median Age
63%
College-Educated
97%
High-School Grad
24.2 sq mi
ZIP Area
697
Density / Sq Mi
$129,900
Median Household Income
$85,331
Median Earnings
$1,845
Median Rent
$523,500
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - The second-floor home has vaulted ceilings and updated heating and cooling equipment.
Where is this residential income property located?
The property is located at 522 WALDEN CIRCLE Robbinsville, NJ.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 1,129‑square‑foot, second‑floor condo; Two bedrooms and 1.5 bathrooms; Vaulted ceilings in the living and dining area
