244 PRINCETON AVENUE
About This Property
The lower level features two more bedrooms and a bonus room that could be used as an office, at-home gym, kids' playroom, etc. Another full bathroom and dedicated laundry room are found on the lower level for added convenience. Both bathrooms in the home have been thoughtfully updated with brand new vanities; the main level bathroom features new flooring and a shower/tub combination, while the second bathroom offers a freshly re-glazed stall shower.
Outside, enjoy a fully fenced front and back yard, perfect for outdoor living, along with an attached one-car garage, driveway, and shed. Ideally located close to Joint Base McGuire-Dix-Lakehurst, this move-in-ready home offers comfort, style, and an excellent location.
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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 |
|---|---|---|---|
| Apr 28, 2026 | Sold | ||
| Sold | |||
| Apr 1, 2026 | In contract | - | |
| In contract | |||
| Mar 6, 2026 | Price Decreased |
$390,000
↓ $10K
(2.5%) | |
| Price Decreased | |||
| Jan 30, 2026 | Listed by Compass New Jersey, LLC - Moorestown | $400,000 | |
| Listed by Compass New Jersey, LLC - Moorestown | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017