$270,000
●
House -
Off Market
2931 MARNE HWY
MOUNT LAUREL, NJ 08054
2 Beds
1 Bath
792 Ft²
$1,351
Est. Monthly
About This Property
Built in 1919 but Completely renovated in 2021, situated on
over 1 Acre of wooded land with a small stream and the
property backs up to Fleetwood School. The home was completely
renovated giving it cathedral ceilings through out the entire
first floor and includes all new plumbing, all new
electrical, it was completely insulated to code , then received all
new drywall, kitchen cabinets, granite counter tops, stainless
steel appliances, vinyl plank flooring, bath fixtures and tile. The
home has new high efficiency HVAC and tank less water heater, all
new exterior including Anderson windows, roofing,
gutters and new vinyl siding. Downstairs you will find
a super clean basement that is dry, it can be finished or just used
as a lot of storage and has and outside entrance. Take a walk down
the trail and over the little bridge to the back of your property
that meets up with Fleetwood School ball fields and then to the
Rancocas Woods Shops that are about to receive the township
revitalization project.
See documents for copy of survey.
See documents for copy of survey.
Unit Size
792 Ft²
Days on Market
-
Land Size
1.19 acres
Price per sqft
$347
Property Type
House
Property Taxes
$360
HOA Dues
-
Year Built
1919
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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: 3 years ago (Bright MLS #NJBL2057062)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 9, 2024 | Sold | ||
| Sold | |||
| Dec 31, 2023 | In contract | - | |
| In contract | |||
| Dec 15, 2023 | Listed by R. H. Mosier Inc. | $275,000 | |
| Listed by R. H. Mosier Inc. | |||
| Feb 12, 2021 | Sold | ||
| Sold | |||
| Oct 16, 2020 | Listed by R. H. Mosier Inc. | $169,900 | |
| Listed by R. H. Mosier Inc. | |||
| | |||
|
Completely rehabbed home on over 1 Acre of wooded land with a small stream that runs through it and wildlife to view from your back door. The home was just renovated giving it cathedral ceilings through out the entire first floor and includes all new plumbing, all new electrical, all new HVAC and tank less water heater, all new exterior with Anderson windows, vinyl siding, roofing and gutters, completely insulated to code , new drywall, kitchen cabinets, granite counter tops, stainless steel appliances, vinyl plank flooring, bath fixtures and tile. Home is under priced to sell fast and wont last long !!
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Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Burlington
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Listed by: Karl Mosier
R. H. Mosier Inc.
Last Updated: 11 hours ago
Data Source: Bright MLS , MLS# NJBL2057062
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.
R. H. Mosier Inc.
Last Updated: 11 hours ago
Data Source: Bright MLS , MLS# NJBL2057062
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