18
Map
$374,888
↓ $48K (11.4%)
●
House -
For Sale
42 SPRUCE STREET
CHERRY HILL, NJ 08002
4 Beds
1 Bath,
1
Half Bath
1,516 Ft²
$2,423
Est. Monthly
About This Property
Welcome to 42 Spruce Street...Come experience the timeless charm in
this beautiful 1930 Colonial home, perfectly situated near the
Cherry Hill Mall and the Merchantville border.
This 1,516 square foot home offers 4-bedrooms, 1.5 bathrooms with a classic floor plan and convenient two-levels of bedrooms, a full-size soaking tub and a walk-in-shower, stylish flooring throughout. The basement is unfinished for any touches you want to add.
You can walk out to your own resort-style backyard featuring a private heated in-ground spa and heated in-ground swimming pool, a perfect combination. Your yard is surrounded by a wood fence, expansive deck, porch and yard area with views of The Merchantville Country Club and Golf Course.
Ideally located for commuters with easy access to Route 38, Route 70, 73 and 130 also I-295, and just minutes away from all the outdoor activities at Cooper River Park.
This 1,516 square foot home offers 4-bedrooms, 1.5 bathrooms with a classic floor plan and convenient two-levels of bedrooms, a full-size soaking tub and a walk-in-shower, stylish flooring throughout. The basement is unfinished for any touches you want to add.
You can walk out to your own resort-style backyard featuring a private heated in-ground spa and heated in-ground swimming pool, a perfect combination. Your yard is surrounded by a wood fence, expansive deck, porch and yard area with views of The Merchantville Country Club and Golf Course.
Ideally located for commuters with easy access to Route 38, Route 70, 73 and 130 also I-295, and just minutes away from all the outdoor activities at Cooper River Park.
Unit Size
1,516 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$247
Property Type
House
Property Taxes
$582
HOA Dues
-
Year Built
1930
Listed By
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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 months ago (Bright MLS #NJCD2120376)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 6, 2026 | Price Decreased |
$374,888
↓ $48K
(11.4%) | |
| Price Decreased | |||
| Jun 19, 2026 | Listed by Real Broker, LLC | $422,888 | |
| Listed by Real Broker, LLC | |||
Property Highlights
Air Conditioning
Parking Available
Parking Details
Parking Features: Driveway, On Street, Concrete Driveway
Interior Details
Half Bathrooms: 1
Full Bathrooms: 1
Interior Features: Soaking Tub, Ceiling Fan(s), Bathroom - Walk-In Shower, Floor Plan - Traditional
Appliances: Dishwasher, Microwave, Gas Oven, Refrigerator, Washer, Dryer
Flooring Type: Carpet, Laminate, Luxury Vinyl Plank
Rooms: 9
Basement: Unfinished
Exterior Details
Square Footage: 1516
Square Footage Source: $0
Security Features: Monitored
Architectural Style: Colonial
Year Built Source: Assessor
Year Built: 1930
Levels: 3
Other Structures: Above Grade, Below Grade
Construction Materials: Frame
Patio and Porch Features: Porch, Deck
Pool Features: In Ground, Heated, Pool/Spa Combo
Pool is Private
Lot Features: Level, Private, Open
Lot Size Area: 5602
Lot Size Units: Square Feet
Lot Size Acres: 0.13
Lot Size Square Feet: 5602
Lot Size Dimensions: 40.00 x 140.00
Tax Lot: 00016
Water Source: Public
Financial Details
Tax Assessed Value: $148,500
Tax Annual Amount: $6,980
Utilities Details
Cooling Type: Ceiling Fan(s), Window Unit(s)
Heating Type: 90% 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
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Type
Beds
Baths
ft²
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HOA + Taxes
About Cherry Hill Mall
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Listed by: Dolores Perna-Ekstowicz
Real Broker, LLC
Last Updated: 1 hours ago
Data Source: Bright MLS , MLS# NJCD2120376
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Real Broker, LLC
Last Updated: 1 hours ago
Data Source: Bright MLS , MLS# NJCD2120376
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