First-Floor Residential Income
For Sale
$259,900
903 LINDSEY COURT, Marlton, NJ 08053
Updated condo with private patio, community pool access, and convenient proximity to shopping, dining, and major roadways.
Property Size934 SF
Days on Market37
Property Features for 903 LINDSEY COURT
General Information
Standard status
Active
Size
934 SF
Property subtype
Unit/Flat/Apartment
Taxes and HOA fees
Annual Taxes
$5,079
Building Details
Building Size
934 SF
Year Built
1985
Listing Agency:
Real Broker, LLC
(856) 364-5357
Listed By:
Maria Robles · License #455030
(856) 364-5357
Source:
Patmckennarealtors
Added: Jun 30
Changed: Aug 4
Last Checked: Aug 5 at 4:20AM
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 Real Broker, LLC
Investment Insights
Based on property information with market context.
This first-floor condominium is configured with 2 bedrooms and 2 full baths, offering a practical layout for residential occupancy. Recent interior updates include new laminate flooring and fresh paint. The galley kitchen connects to a separate laundry room with pantry storage, while the primary bedroom includes a walk-in closet and private full bath. A private outdoor patio extends the living area, and residents have access to a community pool.
Built in 1985, the property is located at 903 Lindsey Court in Marlton, New Jersey. Shopping, dining, and major roadways are nearby, with Philadelphia accessible by a short drive.
Built in 1985, the property is located at 903 Lindsey Court in Marlton, New Jersey. Shopping, dining, and major roadways are nearby, with Philadelphia accessible by a short drive.
Key Highlights
- First‑floor condo with 2 bedrooms and 2 full baths
- New laminate flooring and fresh interior paint
- Galley kitchen with separate laundry room and pantry storage
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 | $18.3k | $19.56 |
| − Vacancy | −$1.0k | −$1.10 |
| EGI | $17.2k | $18.46 |
| − OpEx | −$7.8k | −$8.31 |
| NOI | $9.5k | $10.16 |
934 SF · lease $19.56/SF/yr · vacancy 5.60% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$135.5K
$118.6K – $158.1K
NOI $9,485 @ 7.0% cap · market cap 3.65%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$236.8K
$207.2K – $276.3K
NOI $16,577 @ 7.0% cap · market cap 6.38%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,364
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - Updated condo with private patio, community pool access, and convenient proximity to shopping, dining, and major roadways.
Where is this residential income property located?
The property is located at 903 LINDSEY COURT Marlton, NJ.
What is the asking price?
The asking price for this property is $259,900.
What are key features of this property?
This property features: First‑floor condo with 2 bedrooms and 2 full baths; New laminate flooring and fresh interior paint; Galley kitchen with separate laundry room and pantry storage
