1
Map
$489,900
●
House -
In Contract
402 PHILLIPS AVENUE
BROWNS MILLS, NJ 08015
4 Beds
2 Baths,
1
Half Bath
$3,281
Est. Monthly
About This Property
AWESOME NEW COLONIAL CURRENTLY UNDER CONSTRUCTION!!! Hurry before
this fabulous 4 bed, 2.5 bath brand new Colonial with full basement
and covered front porch is gone. Main floor features living room,
family room with gas burning fireplace including gas log set,
beautiful kitchen, dinette with sliding glass doors, powder room,
mud room and a big attached garage. Upstairs are 4 bedrooms, full
hall bath and laundry room with the big master bedroom featuring a
walk-in closet and full bath with garden tub and shower. Includes a
full 10-year new home warranty. Estimated completion date is
November 2026. PLEASE SEE FLOOR PLAN IN DOCUMENT SECTION OF MLS
LISTING.
Unit Size
-
Days on Market
-
Land Size
0.18 acres
Price per sqft
-
Property Type
House
Property Taxes
$875
HOA Dues
-
Year Built
1955
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 #NJBL2118990)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 9, 2026 | In contract | - | |
| In contract | |||
| Aug 19, 2026 | Listed by Schneider Real Estate Agency | $489,900 | |
| Listed by Schneider Real Estate Agency | |||
Property Highlights
Air Conditioning
Fireplace
Parking Details
Has Garage
Garage Spaces: 1
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Has Fireplace
Fireplace Features: Propane
Fireplaces: 1
Basement: Full
Exterior Details
Square Footage Source: $0
Property Condition: Excellent
Architectural Style: Colonial
Year Built Source: Estimated
Year Built: 2026
Levels: 2
Other Structures: Above Grade, Below Grade
Construction Materials: Frame
Lot Size Area: 7998
Lot Size Units: Square Feet
Lot Size Acres: 0.18
Lot Size Square Feet: 7998
Lot Size Dimensions: 80.00 x 100.00
Tax Lot: 00033
Water Source: Public
Financial Details
Tax Annual Amount: $10,504
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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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 Browns Mills
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Listed by: Mark A Schneider
Schneider Real Estate Agency
Last Updated: 3 hours ago
Data Source: Bright MLS , MLS# NJBL2118990
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Schneider Real Estate Agency
Last Updated: 3 hours ago
Data Source: Bright MLS , MLS# NJBL2118990
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