154 BEAL ROAD
About This Property
Step back in time at 154 Beal Road - a meticulously restored 1755 brick farmhouse that once served as a tavern and gathering place in the heart of South Jersey. This 3-bedroom, 1-bath residence sits on 1.10 scenic acres surrounded by protected farmland in Salem County and is a true architectural gem, celebrated in the February 2007 issue of Early American Life magazine for its authentic Down Jersey restoration.
Painstakingly brought back to life by the owners, the home showcases a thoughtful preservation of 18th-century craftsmanship, including Flemish bond brickwork, hand-hewn beams, and period-accurate finishes that honor its Colonial roots. The restoration process uncovered original architectural details, such as wide-plank floors, a central walk-in fireplace, and hand-forged hardware, all of which tell the story of the home's early American heritage.
Inside, you'll find approximately 1,800 square feet of warm, inviting living space filled with natural light and historic charm. Outside, the property features low stone walls built in the traditional style to provide a stepped and leveled front lawn-another nod to its 18th-century past. A charming garden shed and rustic chicken coop sit tucked toward the back of the property, offering functional outdoor space and a taste of country living.
Located just a short drive from Elmer's town center, this one-of-a-kind home offers peaceful rural living with historical significance and timeless style. Whether you're a preservation enthusiast, historian, or someone drawn to homes with character and legacy, this property is a once-in-a-generation opportunity.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 20, 2025 | Sold | ||
| Sold | |||
| May 11, 2025 | Listed by Kurfiss Sotheby's International Realty | $400,000 | |
| Listed by Kurfiss Sotheby's International Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017