First-Floor Residential Income
For Sale
$225,000
54 FOXGLOVE DRIVE, Riverside, NJ 08075
A two-bedroom layout includes an in-unit washer and dryer and a private rear patio.
Property Size1,100 SF
Price / SF$204.55
Days on Market22
Property Features for 54 FOXGLOVE DRIVE
General Information
Standard status
Active
Size
1,100 SF
Property subtype
Apartment
Building Details
Year Built
1997
Listing Agency:
Core Maryland Real Estate
Listed By:
Lou Chirgott
(410) 913-6636
Source:
Coremarylandhomes
Added: Oct 8
Changed: Oct 28
Last Checked: Oct 28 at 3:10PM
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 Core Maryland Real Estate
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 1,100-square-foot, first-floor residence offers single-level access and two bedrooms. Ceramic tile flooring extends throughout, while the living and dining areas connect to a galley kitchen with oak cabinets, a built-in microwave, dishwasher, breakfast bar and ample counter space. Sliding doors lead to a private rear patio with an exterior storage closet and wooded views. A full bathroom and in-unit washer and dryer complete the unit. Built in 1997, the property is in Delran Township, with access to Route 130, I-295, the New Jersey Turnpike and River LINE.
Key Highlights
- 1,100‑square‑foot, two‑bedroom residence
- First‑floor layout with single‑level access
- Private rear patio, exterior storage closet and wooded views
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,916
Cap Rate
7.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$338,320
$338.3K
Cap Rate 7%
$241,657
$241.7K
Cap Rate 9%
$187,956
$188.0K
Market Conditions
NOI Build-Up for 1,100 SF
Gross rent
$33.0K $30.00/SF
− Vacancy
−$2.2K −$2.04/SF
EGI
$30.8K $27.96/SF
− OpEx
−$13.8K −$12.58/SF
NOI
$16.9K $15.38/SF
Area
Paterson, NJ
Vacancy
6.80%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$338,320
Cap Rate 7%
$241,657
Cap Rate 9%
$187,956
Alternative Uses
Best Use
Apartment 5plus
$241.7K
$211.5K – $281.9K
NOI $16,916 @ 7.0% cap · market cap 7.52%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$287.2K
$251.3K – $335.1K
NOI $20,106 @ 7.0% cap · market cap 8.94%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Location Intelligence
Trade Area within ½ mile
518
Businesses Nearby
Explore this area
Business Placement
Demographics for 08075, NJ
30,327
Population
12,092
Households
2.5
Avg Household Size
39
Median Age
38%
College-Educated
92%
High-School Grad
9.9 sq mi
ZIP Area
3,063
Density / Sq Mi
$94,576
Median Household Income
$47,979
Median Earnings
$1,427
Median Rent
$288,200
Median Home Value
Frequently Asked Questions
What type of property is this?
Residential income property - A two-bedroom layout includes an in-unit washer and dryer and a private rear patio.
Where is this residential income property located?
The property is located at 54 FOXGLOVE DRIVE Riverside, NJ.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: 1,100‑square‑foot, two‑bedroom residence; First‑floor layout with single‑level access; Private rear patio, exterior storage closet and wooded views
