$320,000
●
House -
Off Market
424 CENTER AVENUE
RUNNEMEDE, NJ 08078
2 Beds
1 Bath,
1
Half Bath
1,008 Ft²
$1,936
Est. Monthly
7.83%
Cap Rate
About This Property
Looking for a great starter home or a place to downsize? Absolutely
beautiful 2 Bedroom and 1.5 Bath Cape Cod home on a large lot in
the Runnemede Manor section of Runnemede township. The interior of
this home boasts wood flooring throughout most of the first floor,
a neutral decor, a large family room that is open to the dining
room, a nicely updated kitchen with cherry cabinets, black
appliances, and granite counter tops, a large bedroom on the 1st
floor and then the primary bedroom on the second floor. The
exterior of the home offers maintenance free vinyl siding, a
concrete driveway, professional landscaping throughout, and a fully
fenced-in backyard. Other upgrades and updates to the home include
a huge 20'x12' shed with electric, new AC in 2024, upgraded
electric service to 200 amps in 2023, replacement windows in the
front of the home, new poured concrete patio in 2024. Very
well maintained home...you'll fall in love! Don't miss your
opportunity to have a private tour today!
Unit Size
1,008 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$298
Property Type
House
Property Taxes
$463
HOA Dues
-
Year Built
1942
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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: 12 months ago (Bright MLS #NJCD2101508)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 24, 2025 | Sold | ||
| Sold | |||
| Sep 22, 2025 | In contract | - | |
| In contract | |||
| Sep 8, 2025 | Listed by Long & Foster Real Estate, Inc. | $299,900 | |
| Listed by Long & Foster Real Estate, Inc. | |||
| Oct 5, 2018 | Sold | ||
| Sold | |||
| Aug 17, 2018 | Listed by Century 21 Town & Country Realty - Mickleton | $140,000 | |
| Listed by Century 21 Town & Country Realty - Mickleton | |||
| | |||
|
Beautifully updated, move in ready cape cod style home in a great location! This two bedroom home also features an upstairs bonus loft which has been used as a 3rd bedroom and an office. The home has been meticulously maintained and features a gorgeous kitchen with custom cherry wood cabinets with pull-out shelving, wood-like vinyl floors, and newer appliances with gas cooking. The spacious living room and dining room have high-quality laminate wood floors, ceiling fans, and a coat closet in the living room for extra storage. Off of the living room is the generously sized second bedroom and the full bathroom. Upstairs you will find the large master bedroom with plenty of closet space and the bonus loft room. Head outside to the huge backyard, which features a patio, fire-pit space and fencing on 3 sides. The AC, windows, siding and gutters are all 7 years old and the hot water heater is less than one year old. This home is priced to sell, so make your appointment today and start packing!
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Property Highlights
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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 Runnemede
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Listed by: Jason Gareau
Long & Foster Real Estate, Inc.
Last Updated: 3 hours ago
Data Source: Bright MLS , MLS# NJCD2101508
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.
Long & Foster Real Estate, Inc.
Last Updated: 3 hours ago
Data Source: Bright MLS , MLS# NJCD2101508
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