$290,000
●
House -
Off Market
30 PALMER SQUARE
EDGEWATER PARK, NJ 08010
2 Beds
2 Baths
1,252 Ft²
$1,911
Est. Monthly
$213
HOA / Fees
5.85%
Cap Rate
About This Property
Welcome to this beautiful 2nd-floor condo in the desirable 55+
Active Adult Community of Silver Park West. This spacious home
features 2 bedrooms with walk-in closets, including a primary suite
and a comfortable guest room, plus a second full bath for added
privacy. Enjoy an open layout with a large living room and dining
room, galley kitchen with ample storage and pantry. A sunny den
opens to a private deck-perfect for relaxing.
Additional highlights include a one-car garage with storage, direct home access, and a garage door opener. A club house with pool and other activities is available. Recent updates include, carpet (2025), range (2022), HVAC, dishwasher, washer & dryer (2018), refrigerator and hot water heater (2017).
This lovely neighborhood in Edgewater Park is a quiet setting conveniently located near shopping and dining. Move-in ready and filled with natural light-perfect for comfortable, low-maintenance living!
Additional highlights include a one-car garage with storage, direct home access, and a garage door opener. A club house with pool and other activities is available. Recent updates include, carpet (2025), range (2022), HVAC, dishwasher, washer & dryer (2018), refrigerator and hot water heater (2017).
This lovely neighborhood in Edgewater Park is a quiet setting conveniently located near shopping and dining. Move-in ready and filled with natural light-perfect for comfortable, low-maintenance living!
Unit Size
1,252 Ft²
Days on Market
28 days
Land Size
-
Price per sqft
$224
Property Type
House
Property Taxes
$322
HOA Dues
$213
Year Built
1995
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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 years ago (Bright MLS #NJBL2087752)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 30, 2025 | Sold | ||
| Sold | |||
| Jun 3, 2025 | In contract | - | |
| In contract | |||
| May 23, 2025 | Listed by Houwzer LLC-Haddonfield | $280,000 | |
| Listed by Houwzer LLC-Haddonfield | |||
| Jul 23, 2018 | Sold | ||
| Sold | |||
| Apr 13, 2018 | Listed by Weichert Realtors-Burlington | $114,900 | |
| Listed by Weichert Realtors-Burlington | |||
| | |||
|
Welcome to Silver Park 55+ community. Spacious 2nd floor unit with 1 car garage. You will love the open concept with vaulted ceiling in the living room and front windows to let in plenty of natural light. The formal dining room leads to the full kitchen with newer refrigerator (approx. 9 months), new dishwasher (never used). The opening in the kitchen overlooks the familyroom with sliding door to the rear deck. The master bedroom has a full bath and large walk in closet. There is another spacious bedroom and a full bath. Newer hot water heater. There is a clubhouse, association pool and tennis courts. Close to shopping and major roadways.
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About Burlington
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Listed by: Patricia M Gesswein
Houwzer LLC-Haddonfield
Last Updated: 0 hours ago
Data Source: Bright MLS , MLS# NJBL2087752
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.
Houwzer LLC-Haddonfield
Last Updated: 0 hours ago
Data Source: Bright MLS , MLS# NJBL2087752
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