307 FAIRVIEW AVENUE
About This Property
On the first floor, there's a third bedroom, a home office, and a half bath, with potential to create a secondary suite. The kitchen features a breakfast bar, cafe wall oven, cafe refrigerator, and a 36-inch gas cooktop, opening to the dining and living areas. A covered back deck extends off the kitchen, complemented by a covered front porch.
Upstairs, the second floor includes the primary suite with a whirlpool tub and walk-in closet, another full bathroom, an additional bedroom, and a loft area. The washer and dryer are also conveniently on this level.
The entire footprint includes a walk-out unfinished basement to the backyard. Gleaming 3/4-inch oak floors add warmth. 2-Zone HVAC is energy efficient. Outside, the deep lot includes a shed and extra storage under both porches.
A turn-key gem with flexibility in a prime Moorestown setting.
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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%.
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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.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 1, 2026 | Sold | ||
| Sold | |||
| Mar 17, 2026 | In contract | - | |
| In contract | |||
| Feb 13, 2026 | Listed by Weichert Realtors - Moorestown | $699,000 | |
| Listed by Weichert Realtors - Moorestown | |||
| Oct 7, 2019 | Sold | ||
| Sold | |||
| Jun 27, 2019 | Listed by Century 21 Alliance-Moorestown | $239,900 | |
| Listed by Century 21 Alliance-Moorestown | |||
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Looking for a charming house on a quiet, tree-lined street in the outstanding Moorestown school district? The house has been maintained-- just needs some love and updates, and the property has a beautiful double lot that is partially fenced. The main floor has an open living area, 3 bedrooms and full bath plus a front porch and screened in back porch where you can relax. The basement is mostly finished and has 3 rooms plus laundry and a powder room--lots of extra space! There is also a large attic that could be finished, too, or used for storage. Convenient to downtown Moorestown and public transportation. This is an as-is estate sale; owner will make no repairs and buyer is responsible for obtaining certificate of occupancy. Come see it today!
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About Moorestown-Lenola
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017