Updated Residential Income
For Sale
$207,500
Pending
54 KENWOOD DR, Sicklerville, NJ 08081
Middle-level condominium with renovated kitchen, flooring, bathroom, laundry area, and bright interior finishes.
Property Size912 SF
Days on Market70
Property Features for 54 KENWOOD DR
General Information
Standard status
Pending
Size
912 SF
Property subtype
Apartment
Additional Details
Highway Access
Yes
Multifamily Units
1
Building Details
Building Size
912 SF
Year Built
1990
Listing Agency:
Compass New Jersey, LLC - Moorestown
Listed By:
Deborah A Kennedy
(856) 214-2639
Source:
Patciervo.kw
Added: Aug 12
Changed: Oct 4
Last Checked: Oct 19 at 3:42AM
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 Compass New Jersey, LLC - Moorestown
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Investment Insights
Based on property information with market context.
Built in 1990, this middle-level condominium has been comprehensively refreshed throughout. The galley kitchen features (2) year young cabinetry, quartz countertops, ceramic backsplash, added storage, and a stainless steel appliance suite installed 8-2026. New luxury vinyl flooring extends through the living room, kitchen, laundry area, and hall, while the bedrooms offer refinished surfaces, new carpet, and substantial closet storage. The bathroom includes a new vanity, sink, storage cabinet, and matte black fixtures. Additional updates include electrical outlets and switches, GFI breakers, LED lighting, trim, baseboards, paint, patio doors, and a freshly painted patio.
The building has a secure main entrance, and the property is near shopping, major highways, beaches, Philadelphia, and restaurants. Conventional financing and cash are accepted. Occupancy is limited to an owner occupant; landlords and investors are not permitted.
The building has a secure main entrance, and the property is near shopping, major highways, beaches, Philadelphia, and restaurants. Conventional financing and cash are accepted. Occupancy is limited to an owner occupant; landlords and investors are not permitted.
Key Highlights
- Comprehensively updated middle‑level condominium built in 1990
- Kitchen includes (2) year young cabinetry, quartz countertops, ceramic backsplash, and added storage
- Stainless steel appliance suite installed 8‑2026
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,262
Cap Rate
4.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$185,240
$185.2K
Cap Rate 7%
$132,314
$132.3K
Cap Rate 9%
$102,911
$102.9K
Market Conditions
NOI Build-Up for 912 SF
Gross rent
$17.8K $19.56/SF
− Vacancy
−$999 −$1.10/SF
EGI
$16.8K $18.46/SF
− OpEx
−$7.6K −$8.31/SF
NOI
$9.3K $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%
$185,240
Cap Rate 7%
$132,314
Cap Rate 9%
$102,911
Alternative Uses
Best Use
Apartment 5plus
$132.3K
$115.8K – $154.4K
NOI $9,262 @ 7.0% cap · market cap 4.46%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$231.2K
$202.3K – $269.8K
NOI $16,187 @ 7.0% cap · market cap 7.80%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
86
Businesses Nearby
Explore this area
Business Placement
Demographics for 08081, NJ
50,601
Population
18,361
Households
2.8
Avg Household Size
39
Median Age
35%
College-Educated
94%
High-School Grad
25.2 sq mi
ZIP Area
2,008
Density / Sq Mi
$102,924
Median Household Income
$51,734
Median Earnings
$1,551
Median Rent
$262,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions
What type of property is this?
Residential income property - Middle-level condominium with renovated kitchen, flooring, bathroom, laundry area, and bright interior finishes.
Where is this residential income property located?
The property is located at 54 KENWOOD DR Sicklerville, NJ.
What is the asking price?
The asking price for this property is $207,500.
What are key features of this property?
This property features: Comprehensively updated middle‑level condominium built in 1990; Kitchen includes (2) year young cabinetry, quartz countertops, ceramic backsplash, and added storage; Stainless steel appliance suite installed 8‑2026
