$150,103
●
House -
Off Market
42 7TH AVE
PENNS GROVE, NJ 08069
2 Beds
1 Bath
792 Ft²
$148,347
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model
About This Property
Enjoy one floor living in this open floor plan bungalow.
Plenty of storage in large detached garage and basement.
Year built 1950. Insured (IN) for FHA financing. Eligible for
FHA 203K. Buyer to verify all information. Sold in AS
IS condition--there is no warranty as to condition of property.
Equal Housing Opportunity.
Unit Size
792 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$183
Property Type
House
Property Taxes
$322
HOA Dues
-
Year Built
1950
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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: 4 years ago (Bright MLS #NJSA2003796)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 5, 2022 | Sold | ||
| Sold | |||
| May 5, 2022 | Listed by Avalar - Atlantic Properties | $145,000 | |
| Listed by Avalar - Atlantic Properties | |||
| Sep 30, 2013 | Sold | ||
| Sold | |||
| Apr 2, 2013 | Listed by American Dream Realty of South Jersey | $129,900 | |
| Listed by American Dream Realty of South Jersey | |||
| | |||
|
This home has been gutted and is completely reconstructed. All new, Cedar shake style vinal siding with sofitting, gutters and down spouts. New thermopane windows with all exterior trims wrapped. The wiring and fixtures are new as well as the plumbing and fixtures. New hot air heat and central AC, to include all duct work. New sheetrock walls and ceilings and insulation. New bathroon with tile tub area and floor. New kitchen cabinets with granite countrtops and wood laminate flooring. Wood laminate flooring in living room and hall, carpeting in the bedrooms. Pulldown attic steps, full basement and oversized 2 car garage. Garage also has all new walls roof and shingles along with concrete driveway. Corner lot that will not require flood insurance. This is a must see property
| |||
| Feb 29, 2012 | Sold | ||
| Sold | |||
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Carneys Point
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Listed by: Roger Beam
Avalar - Atlantic Properties
Last Updated: 3 hours ago
Data Source: Bright MLS , MLS# NJSA2003796
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.
Avalar - Atlantic Properties
Last Updated: 3 hours ago
Data Source: Bright MLS , MLS# NJSA2003796
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