Condominium with Living Room
New
For Sale
$250,000
544 CASCADE COURT, Sewell, NJ 08080
Recent updates include the windows, doors, kitchen cabinetry and appliances, and bathroom vanity.
Property Size1,086 SF
Days on Market6
Property Features for 544 CASCADE COURT
General Information
Standard status
Active
Size
1,086 SF
Property subtype
Apartment
Additional Details
Multifamily Units
1
Amenities
cathedral ceiling
fireplace
Building Details
Building Size
1,086 SF
Year Built
1988
Listing Agency:
Keller Williams Realty - Medford
Listed By:
Steven P Dooling
(609) 654-5656
Source:
Patciervo.kw
Added: Oct 30
Changed: Nov 3
Last Checked: Nov 4 at 9:43AM
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 - Medford
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Investment Insights
Based on property information with market context.
This second-floor condominium was built in 1988 and features a cathedral ceiling and fireplace in the living room. The interior has luxury vinyl plank flooring, with recent updates to the windows, doors, kitchen cabinets, kitchen appliances, and bathroom vanity.
Key Highlights
- Second‑floor condominium with a cathedral ceiling
- Living room fireplace
- Luxury vinyl plank flooring
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,694
Cap Rate
5.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$253,880
$253.9K
Cap Rate 7%
$181,343
$181.3K
Cap Rate 9%
$141,044
$141.0K
Market Conditions
NOI Build-Up for 1,086 SF
Gross rent
$24.5K $22.56/SF
− Vacancy
−$1.4K −$1.31/SF
EGI
$23.1K $21.25/SF
− OpEx
−$10.4K −$9.56/SF
NOI
$12.7K $11.69/SF
Area
Gloucester County, NJ
Vacancy
5.80%
Lease Rate
$22.56 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$253,880
Cap Rate 7%
$181,343
Cap Rate 9%
$141,044
Alternative Uses
Best Use
Apartment 5plus
$181.3K
$158.7K – $211.6K
NOI $12,694 @ 7.0% cap · market cap 5.08%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$365.0K
$319.4K – $425.9K
NOI $25,553 @ 7.0% cap · market cap 10.22%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
84
Businesses Nearby
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Business Placement
Demographics for 08080, NJ
37,942
Population
14,746
Households
2.6
Avg Household Size
43
Median Age
44%
College-Educated
96%
High-School Grad
29.2 sq mi
ZIP Area
1,299
Density / Sq Mi
$119,919
Median Household Income
$61,474
Median Earnings
$1,674
Median Rent
$330,400
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Recent updates include the windows, doors, kitchen cabinetry and appliances, and bathroom vanity.
Where is this residential income property located?
The property is located at 544 CASCADE COURT Sewell, 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: Second‑floor condominium with a cathedral ceiling; Living room fireplace; Luxury vinyl plank flooring
