Updated 3BR Home with
846 CUMBERLAND STREET Gloucester City, NJ 08030
For Sale
$293,000
Pending
SINGLE_FAMILY - GLOUCESTER CITY, NJ
Property Size1,408 SF
Days on Market122
Property Features for 846 CUMBERLAND STREET
General Information
- Property type
- Residential
- Property subtype
- Duplex
- Bedrooms
- 3
- Bathrooms
- 3
- Rooms
- Bedroom 1, Bedroom 3, Bedroom 2
- Standard status
- Pending
- Size
- 1,408 SF
Building Details
- Year built
- 1900
Listing Agency:
BHHS Fox & Roach Cherry Hill Home Marketing Center
(856) 428-8000
Listed By:
Yvette Reid
(856) 343-7871
Added: Mar 24
Changed: Jul 23
Last Checked: Jul 23 at 12:06PM
MLS# NJCD2113652
Copyright © 2026 Berkshire Hathaway HomeServices Fox & Roach, Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Welcome to 846 Cumberland Street in Gloucester City, NJ. This updated 3-bedroom, 2.5-bath home is move-in ready with modern interior upgrades including recessed lighting, ceiling fans, and ample closet and storage space. The kitchen features granite countertops and all-new stainless steel appliances, supporting everyday living and entertaining.
Out back, you’ll find a generously sized yard with a deck and built-in seating, creating an outdoor space for relaxing or hosting.
The seller notes the home is back on the market with a price increase tied to additional upgrades. The seller has also secured up to $25,000 in tax abatement over 5 years. Conveniently located near parks, shopping, and dining, with easy access to Route 130 and I-295 and a quick commute to Center City Philadelphia.
Out back, you’ll find a generously sized yard with a deck and built-in seating, creating an outdoor space for relaxing or hosting.
The seller notes the home is back on the market with a price increase tied to additional upgrades. The seller has also secured up to $25,000 in tax abatement over 5 years. Conveniently located near parks, shopping, and dining, with easy access to Route 130 and I-295 and a quick commute to Center City Philadelphia.
Key Highlights
- Updated 3‑bedroom, 2.5‑bath home with move‑in ready modern upgrades
- Updated kitchen with granite countertops and all‑new stainless steel appliances
- Bright interior with recessed lighting, ceiling fans, and abundant closet and storage space
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $27.5k | $19.56 |
| − Vacancy | −$1.5k | −$1.10 |
| EGI | $26.0k | $18.46 |
| − OpEx | −$11.7k | −$8.31 |
| NOI | $14.3k | $10.16 |
1,408 SF · lease $19.56/SF/yr · vacancy 5.60% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$204.3K
$178.7K – $238.3K
NOI $14,299 @ 7.0% cap · market cap 4.88%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$357.0K
$312.4K – $416.5K
NOI $24,990 @ 7.0% cap · market cap 8.53%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Single family properties
FAQs
What type of property is this?
Single family property - Move-in ready 3-bedroom, 2.5-bath home with an updated kitchen, recessed lighting, and a deck with built-in seating.
Where is this single family property located?
The property is located at 846 CUMBERLAND STREET Gloucester City, NJ.
What is the asking price?
The asking price for this property is $293,000.
What are key features of this property?
This property features: Updated 3‑bedroom, 2.5‑bath home with move‑in ready modern upgrades; Updated kitchen with granite countertops and all‑new stainless steel appliances; Bright interior with recessed lighting, ceiling fans, and abundant closet and storage space
