$240,000
●
House -
Off Market
175 KERLIN RD
SALEM, NJ 08079
3 Beds
2 Baths
1,344 Ft²
$330,049
RealtyHop Estimate
32.55%
Since Dec 1, 2020
National-US
Primary Model
About This Property
Looking for 1 floor living in the quite country side, then schedule
your appointment today. This 3 bedroom 2 bath home sits on a little
over 2 acres in Mannington township. A portion of the yard is
fenced for pets/above ground pool(GFI outlet and light still in
place) with the rest open and abutting 96 acres of farm fields and
woods. The home is designed with the main bedroom and private full
bath at one end of the home and 2 bedrooms and a shared full bath
at the other end. In the middle, an very large kitchen with pantry,
breakfast bar and dining area with a 6 foot slider leading to the
back deck. Off the kitchen is the large family room many windows
for natural lighting. For added convenience the laundry/mudroom is
off the kitchen between the garage making it easy to drop off dirty
clothes before entering the main living areas. Quick close
available, move in before September 1st.
Unit Size
1,344 Ft²
Days on Market
-
Land Size
2.04 acres
Price per sqft
$185
Property Type
House
Property Taxes
$443
HOA Dues
-
Year Built
1999
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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: 4 years ago (Bright MLS #NJSA138620)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 13, 2020 | Sold | ||
| Sold | |||
| Jul 9, 2020 | Listed by RE/MAX Preferred - Mullica Hill | $249,000 | |
| Listed by RE/MAX Preferred - Mullica Hill | |||
Property Highlights
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Salem
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Listed by: Gillian Rust
RE/MAX Preferred - Mullica Hill
Last Updated: 3 hours ago
Data Source: Bright MLS , MLS# NJSA138620
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.
RE/MAX Preferred - Mullica Hill
Last Updated: 3 hours ago
Data Source: Bright MLS , MLS# NJSA138620
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