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Springdale 08003
506 LILAC LN
$250,000
● House - Off Market

506 LILAC LN

CHERRY HILL, NJ 08003
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,816 Ft²
$475,043
RealtyHop Estimate
82.78%
Since Apr 1, 2015
National-US
Primary Model

About This Property

This Is Home Is Impeccable Inside And Out! This Seller Is The Original Owner, And She Has Cared For, And Maintain This Home Like It Was Brand New! The Formal Living Has Vaulted Ceiling, The Large Eat-In Kitchen Features, Bosch Dishwasher, Stainless Steel Refrigerator, And New Stainless Wall Oven. Formal Dining Room, Large Family Room With A Brick Fireplace, And New Sliding Doors Exiting To The Huge Back Enclosed Porch! The Home Office Has Custom Built-In Book Cases There Is A Full Basement And Plenty of Storage! The Master Bedroom Has Its Own Full Bathroom, And Walk In Closet, There Are Three Additional Bedrooms That Are All Nice Sizes! The Lawn Is Manicured And Has Its Own Sprinkler System. This Is An Excellent Value In Beautiful Woodcrest!
Unit Size
2,816 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$92
Property Type
House
Property Taxes
$877
HOA Dues
-
Year Built
1962

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Cap Rate Calculator

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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: 4 years ago (Bright MLS #1003169710)

Price History

Date / Event Date Event Price
Mar 6, 2015 Sold
Premium
Sold
Dec 4, 2014 Listed by KingsGate Realty LLC $259,900
Listed by KingsGate Realty LLC

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,648
  • Lot Size Depth Feet: 750
  • Lot Size Frontage Feet: 620
  • Total Building Area: 2,816
  • Building Area: 2,816
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,816
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000107
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Cherry Hill Township School District
  • Census Tract: 603504

Geography

  • Assessors Map Reference: TAX MAP 238
  • Account Number: 016548
  • District: 09
  • Parcel: 09 00528- 65-00009
  • Block: 528.65
  • Lot: 9
  • Municipality: CHERRY HILL TWNSHP
  • Latitude: 39.8715
  • Longitude: -74.9894

    Address

  • Full Address: 506 Lilac Ln
  • Address - House Number: 506
  • Address - Street Name: Lilac
  • Address - Suffix Type: Ln
  • State: NJ
  • City Name: Cherry Hill
  • Carrier Code: C080
  • 4-Digit Zip Code: 3429
  • Zip Code: 08003

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,156,811

    Appraisal Valuation

  • Standard Deviation: 0.1959
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 73
  • Final Value: 507,013
  • High Value: 606,371
  • Low Value: 407,654

    Market Valuation

  • Market Total Value: $275,300
  • Market Land Value: $81,400
  • Market Improvement Value: $193,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $275,300
  • Assessed Land Value: $81,400
  • Assessed Improvements Value: $193,900

    Sales

  • Current Sale Contract Date: Mar 06, 2015
  • Current Sale Recording Date: Dec 03, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2015092596
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Springdale

Stats & Trends

Median Asking:

$650,000

Sale Price/ft²

$253

Below Asking

0.02%

Average Days on Market

62

Average Home Size

3307 ft²

Average Home Age

45.9 years

Currently For Sale

37 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 46 Buttonwood Road, VOORHEES, NJ, 08043

$2,200 /mo

  • 2 Beds
  • 1 Bath
  • 1,550 ft²
46 Buttonwood Road, VOORHEES, NJ, 08043 Listing by Haci R Kose
Unit for rent at 213 Uxbridge, CHERRY HILL, NJ, 08034

$2,500 /mo

  • 2 Beds
  • 2 Baths
  • 1,139 ft²
213 Uxbridge, CHERRY HILL, NJ, 08034 Listing by Charles A Maimone Sr.
Unit for rent at 1904 Roberts Way, VOORHEES, NJ, 08043

$2,200 /mo

  • 2 Beds
  • 2 Baths
  • 1,200 ft²
1904 Roberts Way, VOORHEES, NJ, 08043 Listing by Arkady Starikovsky

Rentals Near You

Click here to view more rentals in the neighborhood.
Bright MLS

Listed by: Patrick Bocchicchio
KingsGate Realty LLC
Last Updated: 8 hours ago
Data Source: Bright MLS , MLS# 1003169710
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.

Frequently Asked Questions

When was property at 506 Lilac Lane built and last sold?
The property at 506 Lilac Lane was built in 1962 and last sold on Mar 6, 2015 for $250,000.
How much is this home worth?
The estimated value of the home located at 506 Lilac Lane is $0.
What are some comparable homes to 506 Lilac Lane?
There are currently no comparable homes to 506 Lilac Lane.
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