$285,000
●
House -
Off Market
128 WELCHVILLE ROAD
SALEM, NJ 08079
2 Beds
1 Bath
1,392 Ft²
$1,776
Est. Monthly
About This Property
Stunning rancher situated on over an acre of land, featuring
beautiful hardwood floors, a cozy fireplace, two bedrooms, a deck
in the backyard, and a screened porch perfect for relaxing or
entertaining. The home includes an advanced wastewater pretreatment
device septic system, a new well pump, and a hot water heater
installed in 2021. Property is being sold in as-is condition.
Notice: The property has received multiple offers. Please submit your highest and best offer by 12:00 PM (noon) on Friday, October 10, 2025. All offers must include a pre-approval letter (or proof of funds for cash offers).
Notice: The property has received multiple offers. Please submit your highest and best offer by 12:00 PM (noon) on Friday, October 10, 2025. All offers must include a pre-approval letter (or proof of funds for cash offers).
Unit Size
1,392 Ft²
Days on Market
-
Land Size
1.22 acres
Price per sqft
$201
Property Type
House
Property Taxes
$400
HOA Dues
-
Year Built
1958
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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: 12 months ago (Bright MLS #NJSA2016554)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 14, 2025 | Sold | ||
| Sold | |||
| Oct 14, 2025 | In contract | - | |
| In contract | |||
| Oct 4, 2025 | Listed by BHHS Fox & Roach-Marlton | $279,999 | |
| Listed by BHHS Fox & Roach-Marlton | |||
| Aug 18, 2021 | Sold | ||
| Sold | |||
| Apr 7, 2021 | Listed by HomeSmart First Advantage Realty | $250,000 | |
| Listed by HomeSmart First Advantage Realty | |||
| | |||
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Country living at its finest with this stunning rancher situated on over an acre of land. Gorgeous Hardwood flooring will guide you throughout the main living areas as well as the 2 nicely sized bedrooms. Enjoy those summer evenings on your back desk or in your screened in patio. Not only does the tranquil environment offer you peace of mind but so will the New Septic System, New Well Pump, New Hot Water Heater & french drain. If privacy if what you are seeking, look no further.
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Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Listed by: Sidney Benstead
BHHS Fox & Roach-Marlton
Last Updated: 9 hours ago
Data Source: Bright MLS , MLS# NJSA2016554
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.
BHHS Fox & Roach-Marlton
Last Updated: 9 hours ago
Data Source: Bright MLS , MLS# NJSA2016554
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