$102,500
●
House -
For Sale
2 FLORENCE TOLLGATE
FLORENCE, NJ 08518
1 Bed
1 Bath
774 Ft²
$670
Est. Monthly
$60
HOA / Fees
About This Property
Simple living in quiet safe community, with salt water pool. Heat,
hot water, sewer etc. included in $719 HOA fee so only pay
electric, Ins., and taxes. Commuters will like being Close to
I-295, Rt 130, and River line. Desirable to owner occupy instead of
paying rent or for leasing to the many local warehouse workers in
the area. Newer Built in Micro Convection oven above range,
refrigerator and combo washer/Dryer. Spacious feel, with plenty of
closet space in Hallway and Bedroom. This First Floor Unit has New
carpeting in Living room and New high quality floor in Kitchen,
Hallway, and Dining Room. Expanded Kitchen with extra counter to
left of Stove and Soffit above cabinets. HVAC replaced in 2018.
Additional photos available upon request.
Unit Size
774 Ft²
Days on Market
-
Land Size
-
Price per sqft
$132
Property Type
House
Property Taxes
$107
HOA Dues
$60
Year Built
-
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: 2 months ago (Bright MLS #NJBL2105996)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 23, 2026 | Listed by Realmart Realty, LLC | $102,500 | |
| Listed by Realmart Realty, LLC | |||
| Sep 6, 2025 | Price Decreased |
$115,000
↓ $10K
(7.6%) | |
| Price Decreased | |||
| Jul 8, 2025 | Price Decreased |
$124,500
↓ $5K
(3.9%) | |
| Price Decreased | |||
| Jun 3, 2025 | Listed | $129,500 | |
| Listed | |||
| | |||
|
Simple living in quiet safe community, with salt water pool. Heat, hot water, sewer etc. included in $719 HOA fee so only pay electric, Ins., and taxes. Commuters will like being Close to I-295, Rt 130, and River line. Desirable to owner occupy instead of paying rent or for leasing to the many local warehouse workers in the area. Newer Built in Micro Convection oven above range, refrigerator and combo washer/Dryer. Spacious feel, with plenty of closet space in Hallway and Bedroom. This First Floor Unit has New carpeting in Living room and New high quality floor in Kitchen, Hallway, and Dining Room. Expanded Kitchen with extra counter to left of Stove and Soffit above cabinets. HVAC replaced in 2018. Additional photos available upon request.
| |||
| Aug 22, 2023 | Sold | ||
| Sold | |||
Show More
Property Highlights
Air Conditioning
Parking Details
Parking Features: Lighted, Handicap Parking, General Common Elements, Public
Interior Details
Full Bathrooms: 1
Interior Features: Walk-In Closet(s), Carpet, Dining Area, Entry Level Bedroom, Kitchen - Table Space, Primary Bath(s), Bathroom - Tub Shower
Appliances: Microwave, Freezer, Electric Oven, Range Hood, Refrigerator, Washer/Dryer Stacked
Flooring Type: Carpet, Vinyl
Door Features: Sliding Glass
Rooms: 4
Exterior Details
Square Footage: 774
Square Footage Source: $0
Property Condition: Very Good
Architectural Style: Other
Year Built Source: Assessor
Year Built: 1974
Levels: 1
Other Structures: Above Grade, Below Grade
Window Features: Double Pane Windows
Construction Materials: Frame, Vinyl Siding, Advanced Framing, Brick Front, Copper Plumbing, CPVC/PVC
Patio and Porch Features: Patio
Lot Size Dimensions: 0.00 x 0.00
Tax Lot: 00001
Water Source: Public
Financial Details
Tax Assessed Value: $41,500
Tax Annual Amount: $1,279
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Maintenance Grounds, Sewer, Snow Removal, Water, Ext Bldg Maint, Lawn Maintenance, Parking Fee, Pool(s), Reserve Funds, Road Maintenance, Other
HOA/Condo/Coop Amenities: Pool - Outdoor
HOA Fee: $719
HOA Fee Frequency: Annually
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 Florence
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Listed by: Qizhan Jack Yao
Realmart Realty, LLC
Last Updated: 9 hours ago
Data Source: Bright MLS , MLS# NJBL2105996
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.
Realmart Realty, LLC
Last Updated: 9 hours ago
Data Source: Bright MLS , MLS# NJBL2105996
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