Top-Floor Two-Bedroom
New
For Sale
$220,000
60 SWEETFERN COURT, Marlton, NJ 08053
Residents can use the community pool and lake, with shopping options within the community.
Property Size1,011 SF
Days on Market7
Property Features for 60 SWEETFERN COURT
General Information
Standard status
Active
Size
1,011 SF
Property subtype
Unit/Flat/Apartment
Property Condition
Severity
Repairs Needed
Evidence
only needs a small amount of finishing work
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$4,057
Amenities
community pool
lake
Building Details
Building Size
1,011 SF
Year Built
1986
Listing Agency:
Vylla Home
Listed By:
John W. Zeigler · License #SP-0015288
(856) 206-0413
Source:
Brucerealty
Added: Oct 8
Changed: Oct 10
Last Checked: Oct 13 at 1:48AM
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 Vylla Home
Investment Insights
Based on property information with market context.
This 2-bedroom, 2-bath condominium was built in 1986 and occupies the top floor. The unit has been updated, with some finishing work remaining, and includes a deck overlooking wooded surroundings. It is being sold in its current condition.
The property is in the Kings Grant subdivision in Marlton. Community amenities include a pool and lake, and shopping is available within the community. Marlton shopping, restaurants, and entertainment are a short drive away.
The property is in the Kings Grant subdivision in Marlton. Community amenities include a pool and lake, and shopping is available within the community. Marlton shopping, restaurants, and entertainment are a short drive away.
Key Highlights
- Top‑floor unit with 2 bedrooms and 2 baths
- Deck with a wooded view
- Community pool and lake access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,267
Cap Rate
4.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$205,340
$205.3K
Cap Rate 7%
$146,671
$146.7K
Cap Rate 9%
$114,078
$114.1K
Market Conditions
NOI Build-Up for 1,011 SF
Gross rent
$19.8K $19.56/SF
− Vacancy
−$1.1K −$1.10/SF
EGI
$18.7K $18.46/SF
− OpEx
−$8.4K −$8.31/SF
NOI
$10.3K $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%
$205,340
Cap Rate 7%
$146,671
Cap Rate 9%
$114,078
Alternative Uses
Best Use
Apartment 5plus
$146.7K
$128.3K – $171.1K
NOI $10,267 @ 7.0% cap · market cap 4.67%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$256.3K
$224.3K – $299.1K
NOI $17,944 @ 7.0% cap · market cap 8.16%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
82
Businesses Nearby
Explore this area
Business Placement
Demographics for 08053, NJ
46,826
Population
20,090
Households
2.3
Avg Household Size
43
Median Age
53%
College-Educated
98%
High-School Grad
29.2 sq mi
ZIP Area
1,604
Density / Sq Mi
$116,745
Median Household Income
$67,439
Median Earnings
$1,939
Median Rent
$368,100
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Residents can use the community pool and lake, with shopping options within the community.
Where is this residential income property located?
The property is located at 60 SWEETFERN COURT Marlton, NJ.
What is the asking price?
The asking price for this property is $220,000.
What are key features of this property?
This property features: Top‑floor unit with 2 bedrooms and 2 baths; Deck with a wooded view; Community pool and lake access
