One-Bedroom Residential Income
For Sale
$139,900
904 BARCLAY TOWERS, Cherry Hill, NJ 08034
Ninth-floor condominium with an open layout, generous storage, and access to nearby shopping, dining, and major roadways.
Property Size700 SF
Days on Market54
Property Features for 904 BARCLAY TOWERS
General Information
Standard status
Active
Size
700 SF
Property subtype
Unit/Flat/Apartment
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$1,499
Building Details
Building Size
700 SF
Year Built
1966
Listing Agency:
Keller Williams Realty - Moorestown
Listed By:
Ebenezer Carpio · License #1971607
(856) 600-4001
Source:
Patmckennarealtors
Added: Sep 12
Changed: Nov 4
Last Checked: Nov 3 at 11:54AM
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 Keller Williams Realty - Moorestown
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Investment Insights
Based on property information with market context.
This residential income property is a one-bedroom, one-bath condominium on the ninth floor of Barclay Towers. The interior includes an open-concept arrangement, natural light, a bedroom with substantial closet space, and a hallway walk-in closet for additional storage. The building dates to 1966.
The property is located in Cherry Hill, New Jersey, approximately 25 minutes from Philadelphia International Airport. Shopping centers, restaurants, and major roadways are nearby, providing convenient access to everyday services and regional transportation.
The property is located in Cherry Hill, New Jersey, approximately 25 minutes from Philadelphia International Airport. Shopping centers, restaurants, and major roadways are nearby, providing convenient access to everyday services and regional transportation.
Key Highlights
- One‑bedroom, one‑bath condominium on the 9th floor
- Open‑concept interior with natural light
- Bedroom includes generous closet space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,765
Cap Rate
7.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$215,300
$215.3K
Cap Rate 7%
$153,786
$153.8K
Cap Rate 9%
$119,611
$119.6K
Market Conditions
NOI Build-Up for 700 SF
Gross rent
$21.0K $30.00/SF
− Vacancy
−$1.4K −$2.04/SF
EGI
$19.6K $27.96/SF
− OpEx
−$8.8K −$12.58/SF
NOI
$10.8K $15.38/SF
Area
Bergen County, NJ
Vacancy
6.80%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$215,300
Cap Rate 7%
$153,786
Cap Rate 9%
$119,611
Alternative Uses
Best Use
Apartment 5plus
$153.8K
$134.6K – $179.4K
NOI $10,765 @ 7.0% cap · market cap 7.69%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$182.8K
$159.9K – $213.3K
NOI $12,795 @ 7.0% cap · market cap 9.15%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,277
Businesses Nearby
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Business Placement
Demographics for 08034, NJ
19,256
Population
8,108
Households
2.4
Avg Household Size
42
Median Age
53%
College-Educated
94%
High-School Grad
5.9 sq mi
ZIP Area
3,264
Density / Sq Mi
$111,244
Median Household Income
$56,792
Median Earnings
$1,707
Median Rent
$335,700
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Ninth-floor condominium with an open layout, generous storage, and access to nearby shopping, dining, and major roadways.
Where is this residential income property located?
The property is located at 904 BARCLAY TOWERS Cherry Hill, NJ.
What is the asking price?
The asking price for this property is $139,900.
What are key features of this property?
This property features: One‑bedroom, one‑bath condominium on the 9th floor; Open‑concept interior with natural light; Bedroom includes generous closet space
