2-Bedroom Condominium with
For Sale
$265,000
802 LINDSEY COURT, Marlton, NJ 08053
Two full baths, a private primary suite, in-unit laundry, and separate dining space support comfortable living.
Property Size934 SF
Days on Market258
Property Features for 802 LINDSEY COURT
General Information
Standard status
Active
Size
934 SF
Property subtype
Unit/Flat/Apartment
Occupancy
100%
Financials
Gross Income
$25,800
Average Monthly Rent
$2,150
Units
Unit Mix
1 x 2BR/2BA
Multifamily Units
1
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$5,194
Amenities
washer/dryer in unit
balcony
Building Details
Building Size
934 SF
Year Built
1985
Listing Agency:
Orange Key Realty
Listed By:
Rose Mahrous · License #902794
(732) 297-6969
Source:
Patmckennarealtors
Added: Feb 20
Changed: Oct 31
Last Checked: Nov 3 at 1:13PM
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 Orange Key Realty
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Investment Insights
Based on property information with market context.
This condominium in Marlton Meadows features two bedrooms and two full bathrooms, including a primary suite with its own bath and walk-in closet. The interior includes a separate kitchen and dining area, a living room with sliding-door access to a balcony, and an in-unit washer and dryer. The property was built in 1985 and is currently leased through June 30, 2027. The tenant is responsible for all utilities.
The home is located near major highways, retail shops, and dining options. Its combination of bedroom count, private suite features, outdoor balcony space, and existing lease provides a clear residential income profile within the development.
The home is located near major highways, retail shops, and dining options. Its combination of bedroom count, private suite features, outdoor balcony space, and existing lease provides a clear residential income profile within the development.
Key Highlights
- Two‑bedroom, two‑full‑bath condominium in Marlton Meadows
- Primary suite includes a private bathroom and walk‑in closet
- Living room opens to a balcony through sliding glass doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,485
Cap Rate
3.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$189,700
$189.7K
Cap Rate 7%
$135,500
$135.5K
Cap Rate 9%
$105,389
$105.4K
Market Conditions
NOI Build-Up for 934 SF
Gross rent
$18.3K $19.56/SF
− Vacancy
−$1.0K −$1.10/SF
EGI
$17.2K $18.46/SF
− OpEx
−$7.8K −$8.31/SF
NOI
$9.5K $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%
$189,700
Cap Rate 7%
$135,500
Cap Rate 9%
$105,389
Alternative Uses
Best Use
Apartment 5plus
$135.5K
$118.6K – $158.1K
NOI $9,485 @ 7.0% cap · market cap 3.58%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$236.8K
$207.2K – $276.3K
NOI $16,577 @ 7.0% cap · market cap 6.26%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
1
Residential units
100%
Occupancy
Yes
Highway access
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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Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions
What type of property is this?
Residential income property - Two full baths, a private primary suite, in-unit laundry, and separate dining space support comfortable living.
Where is this residential income property located?
The property is located at 802 LINDSEY COURT Marlton, NJ.
What is the asking price?
The asking price for this property is $265,000.
What are key features of this property?
This property features: Two‑bedroom, two‑full‑bath condominium in Marlton Meadows; Primary suite includes a private bathroom and walk‑in closet; Living room opens to a balcony through sliding glass doors
