$140,000
●
House -
For Sale
12 MEEHAN BOULEVARD
CLEMENTON, NJ 08021
3 Beds
1 Bath,
1
Half Bath
928 Ft²
$1,287
Est. Monthly
About This Property
Discover a prime investment opportunity in the charming CLEMENTON
LAKE neighborhood! This classic 1952 Cape Cod-style home boasts 3
bedrooms and 1.5 bathrooms, offering a solid foundation for rental
income or future resale. With 928 sq. ft. of partially finished
basement space, the potential for additional living area or storage
is at your fingertips. Set on a generous 0.31-acre lot, this
property provides ample outdoor space for tenants or future
enhancements. The stucco exterior not only adds character but also
requires minimal maintenance, ensuring long-term durability.
Investors will appreciate the potential for strong rental yields in
this desirable area, coupled with the opportunity to increase value
through strategic renovations. The absence of a pool simplifies
upkeep, while the driveway parking enhances convenience for
residents. Seize this chance to secure a property with both
immediate cash flow potential and long-term appreciation. Don't
miss out on this investment gem!
Unit Size
928 Ft²
Days on Market
-
Land Size
0.31 acres
Price per sqft
$151
Property Type
House
Property Taxes
$599
HOA Dues
-
Year Built
1952
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 7 days ago (Bright MLS #NJCD2125160)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 31, 2026 | Relisted | $140,000 | |
| Relisted | |||
| Aug 22, 2026 | In contract | - | |
| In contract | |||
| Aug 20, 2026 | Listed by Real Broker, LLC | $140,000 | |
| Listed by Real Broker, LLC | |||
| Sep 14, 2022 | Sold | ||
| Sold | |||
| May 20, 2022 | Listed by Century 21 Alliance-Cherry Hill | $239,500 | |
| Listed by Century 21 Alliance-Cherry Hill | |||
| | |||
|
Beautifully redone turnkey 3 bedroom with huge bonus room in the peaceful, tranquil Sherwood Forest area of Clementon. LARGE FINISHED BASEMENT provides plenty of extra living space! This fresh clean home features a spacious kitchen with stainless steel appliances and new granite block counter tops. There is a large dining room off the kitchen perfect for entertaining! New bath with duel flush toilet and rainfall shower head. NEWER high efficiency AC with heat pump. NEWER 3D roof. Updated flooring and paint throughout. Great deck and fenced yard. This is a must see home!
| |||
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Property Highlights
Parking Details
Parking Features: Driveway
Interior Details
Half Bathrooms: 1
Full Bathrooms: 1
Basement: Partially Finished
Exterior Details
Square Footage: 928
Square Footage Source: $0
Architectural Style: Cape Cod
Year Built Source: Assessor
Year Built: 1952
Levels: 3
Other Structures: Above Grade, Below Grade
Construction Materials: Stucco
Lot Size Area: 13456
Lot Size Units: Square Feet
Lot Size Acres: 0.31
Lot Size Square Feet: 13456
Lot Size Dimensions: 69.00 x 195.00
Tax Lot: 00007
Water Source: Public
Financial Details
Tax Assessed Value: $150,400
Tax Annual Amount: $7,183
Utilities Details
Cooling Type: Ductless/Mini-Split
Heating Type: Baseboard - Electric, Heat Pump(s)
Sewer : Public Septic
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
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Baths
ft²
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Price/ft²
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HOA + Taxes
About Clementon
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Listed by: tanasia Nicole wilmore
Real Broker, LLC
Last Updated: 0 hours ago
Data Source: Bright MLS , MLS# NJCD2125160
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 Bright MLS, Inc.
Real Broker, LLC
Last Updated: 0 hours ago
Data Source: Bright MLS , MLS# NJCD2125160
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