43 South Smith Terrace Clementon, NJ 08021

$270,000
4
Beds
2
Baths
0.11
Acres
2,140
SQFT
126
$/SQFT
$270,000
4
Beds
2
Baths
2,140   sf
$126 / sf
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active
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Investor Opportunity – Income-Producing 4BR/2BA Rental with Long-Term TenantThis spacious 4-bedroom, 2-bathroom property offers 2,140 sq. ft. of living space with a solid foundation and excellent value-add potential. Currently rented at $1,950/month to a long-term Section 8 tenant who has been in place for over 10 years and wants to remain, this investment provides guaranteed income with zero vacancy risk. Features include a large kitchen with white cabinetry and granite countertops, updated bathrooms, and oversized living areas. While the property could benefit from some finishing touches, it presents strong upside for appreciation or increased rental value. With annual gross rent of $23,400, property taxes of $6,484, and estimated landlord-paid utilities (water/sewer + trash) at $1,500/year, the Net Operating Income comes to $15,416 annually. Priced at $270,000, the estimated cap rate is 5.71%. Conveniently located near parks, shopping centers, and major highways, this property is a turnkey, stable, income-generating asset with long-term upside in a growing South Jersey rental market.

Investor Opportunity – Income-Producing 4BR/2BA Rental with Long-Term TenantThis spacious 4-bedroom, 2-bathroom property offers 2,140 sq. ft. of living space with a solid foundation and excellent value-add potential. Currently rented at $1,950/month to a long-term Section 8 tenant who has been in place for over 10 years and wants to remain, this investment provides guaranteed income with zero vacancy risk. Features include a large kitchen with white cabinetry and granite countertops, updated bathrooms, and oversized living areas. While the property could benefit from some finishing touches, it presents strong upside for appreciation or increased rental value. With annual gross rent of $23,400, property taxes of $6,484, and estimated landlord-paid utilities (water/sewer + trash) at $1,500/year, the Net Operating Income comes to $15,416 annually. Priced at $270,000, the estimated cap rate is 5.71%. Conveniently located near parks, shopping centers, and major highways, this property is a turnkey, stable, income-generating asset with long-term upside in a growing South Jersey rental market.

  • Neighborhood
  • Type
  • Total Baths
  • County
    Camden
  • Area
    Clementon Boro
  • Tax Amount
    $6,483
  • Status
    Active
  • Listing #
    NJCD2089670
  • Built
    1985
  • Lot Size
    0.11
  • Listed on site
    12 days
  • Listing Agent Id
    1700002189484

Listed by:
RealtyMark Properties

Source:
BRIGHT MLS

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Property details

Community Features

  • No HOA
  • No Adult Community

Property Features

  • No Builder Restrictions

Exterior features

  • No Pool
  • Basement

Interior Features

  • Central Air Conditioning
  • Main Floor Bedroom

Style

  • Colonial

Property History

DateDays AgoEventNew Price
Apr 14, 20254 days agoPrice decreased25,000 (8%)$270,000
Apr 6, 202512 days agoNew on market$295,000
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