Main-Floor Residential Income
For Sale
$230,000
Pending
721 SEDGEWICK COURT, Sewell, NJ 08080
Two-bedroom, two-bath end unit with an eat-in kitchen, covered patio, and landscaped surroundings.
Property Size1,104 SF
Days on Market117
Property Features for 721 SEDGEWICK COURT
General Information
Standard status
Pending
Size
1,104 SF
Property subtype
Unit/Flat/Apartment
Units
Unit Mix
1 x 2BR/2BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$5,401
Amenities
covered patio
landscaped grounds
Building Details
Building Size
1,104 SF
Year Built
1985
Listing Agency:
Keypoint Realty LLC
Listed By:
Yosef Beane · License #344874
(732) 534-5300
Source:
Patmckennarealtors
Added: Jun 12
Changed: Oct 3
Last Checked: Oct 6 at 12:41AM
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 Keypoint Realty LLC
Investment Insights
Based on property information with market context.
Built in 1985, this main-floor end unit provides a two-bedroom, two-bath layout with a generous combined living and dining area. The eat-in kitchen supports everyday use, while the primary bedroom includes a private bathroom. A covered patio extends the usable living area, and the property includes nearby parking within landscaped grounds.
The residence is positioned near shopping, restaurants, and major roads. It is offered as-is, with the purchaser responsible for CO requirements. The property is located at 721 Sedgewick Court in Sewell, New Jersey.
The residence is positioned near shopping, restaurants, and major roads. It is offered as-is, with the purchaser responsible for CO requirements. The property is located at 721 Sedgewick Court in Sewell, New Jersey.
Key Highlights
- Main‑floor end unit at 721 Sedgewick Court, Sewell, NJ 08080
- Two bedrooms and two baths
- Spacious combined living and dining area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,904
Cap Rate
5.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$258,080
$258.1K
Cap Rate 7%
$184,343
$184.3K
Cap Rate 9%
$143,378
$143.4K
Market Conditions
NOI Build-Up for 1,104 SF
Gross rent
$24.9K $22.56/SF
− Vacancy
−$1.4K −$1.31/SF
EGI
$23.5K $21.25/SF
− OpEx
−$10.6K −$9.56/SF
NOI
$12.9K $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%
$258,080
Cap Rate 7%
$184,343
Cap Rate 9%
$143,378
Alternative Uses
Best Use
Apartment 5plus
$184.3K
$161.3K – $215.1K
NOI $12,904 @ 7.0% cap · market cap 5.61%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$371.1K
$324.7K – $433.0K
NOI $25,977 @ 7.0% cap · market cap 11.29%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
282
Businesses Nearby
Explore this area
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 - Two-bedroom, two-bath end unit with an eat-in kitchen, covered patio, and landscaped surroundings.
Where is this residential income property located?
The property is located at 721 SEDGEWICK COURT Sewell, NJ.
What is the asking price?
The asking price for this property is $230,000.
What are key features of this property?
This property features: Main‑floor end unit at 721 Sedgewick Court, Sewell, NJ 08080; Two bedrooms and two baths; Spacious combined living and dining area
