When was property at 507 Park Place Drive built and last sold?

The property at 507 Park Place Drive was built in 1986 and last sold on May 24, 2023 for $285,000.

How much is this home worth?

The estimated value of the home located at 507 Park Place Drive is $282,260.

What are some comparable homes to 507 Park Place Drive?

There are currently no comparable homes to 507 Park Place Drive.

Golden Triangle

08002

507 PARK PLACE DR

$285,000

● House - Off Market

507 PARK PLACE DR

CHERRY HILL, NJ 08002

2 Beds

2 Baths

1,312 Ft²

$281,163

RealtyHop Estimate

0.78%

Since Jun 1, 2023

National-US

Primary Model

About This Property

Elegantly updated with modern tastes in mind, this bright and spacious 2 bedroom 2 full bath condo in the Park Place Cherry Hill is ready for its lucky tenant. Second floor entry with 2 private balconies, freshly painted wall and brand new vinyl flooring are sure to impress. Updated kitchen with quartz counter & white cabinetry is equipped with brand new stainless steel stove, microwave, dishwasher, refrigerator plus a large sized island! The spacious living/dining room features two (2) skylight and high ceiling. The decent size master bedroom has a glass sliding door leading to a deck. Downstair bathroom is newly updated. There is a large loft on the second floor, a perfect place for WFH office or play area for your kid(s). Washer and dryer in unit. Park Place community offers a swimming pool, playground and tennis courts. Minutes to shopping, restaurants, major roads and highways, Philadelphia and the shore. A must see!

Unit Size

1,312 Ft²

Days on Market

Land Size

Price per sqft

$213

Property Type

House

Property Taxes

$425

HOA Dues

$313

Year Built

1986

Payment Calculator

Cap Rate Calculator

Last updated: 4 years ago (Bright MLS #NJCD2045988)

Price History

Date / Event	Date	Event
May 26, 2023	Sold	Premium
Sold
May 3, 2023	In contract	-
In contract
Apr 17, 2023	Listed by Realmart Realty, LLC	$279,000
Listed by Realmart Realty, LLC
Feb 22, 2023	Sold	Premium
Sold
Feb 7, 2023	No longer available	-
No longer available
Feb 6, 2023	Listed by Keller Williams Realty - Cherry Hill	$198,500
Listed by Keller Williams Realty - Cherry Hill

	*SELLERS HAVE RECEIVED MULTIPLE OFFERS AND ARE ASKING FOR ALL BEST AND FINAL OFFERS BY THURSDAY, FEBRUARY 9th AT 6:00PM* Welcome Home to highly desirable Park Place in Cherry Hill! This 2nd floor unit features a covered entry which leads into an open concept living room and dining room area with vaulted ceilings and skylights adding to the already beautiful natural light. The galley-style kitchen offers function and space with an abundance of cabinetry and storage. Additionally, this level offers a spacious bedroom as well as a full bath. A large, open, 2nd-story loft area merges into a spacious master bedroom complete with private bath and a private balcony. Also, much sought after 2nd floor laundry completes this level. Additional storage is available in the outside storage shed. The association fee includes access to the community swimming pool and tennis courts. Conveniently located within walking distance to Garden State Plaza, which offers a plethora of shopping and dining, walking trails, parks, and just minutes from bridges and highways makes this condo a definite must-see!

Property Highlights

Air Conditioning

Building Info

Overview

General

Year Built: 1986

Effective Year Built: 1986
Bedroom Count: 0
Building Condition: 0
Building Quality: 0
Construction Type: 0
Building Style: 29
Exterior Walls Type: 0
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 0
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: 2,047

Total Building Area: 1,312
Building Area: 1,312
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 0

Heating: 0
Heated Square Feet: 1,312
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Land Acres: 0000000047
Standard Land Use Code: 1004
County Land Use Code: 2

Neighborhood

School District Name: Cherry Hill Township School District

Census Tract: 603202

Geography

Assessors Map Reference: TAX MAP 104

Account Number: 030361
District: 09
Parcel: 09 00052- 01-00001-0000-C0507
Block: 52.01
Lot: 1
Municipality: CHERRY HILL TWNSHP
Latitude: 39.9184
Longitude: -75.0365

Address

Full Address: 507 Park Place Dr

Address - House Number: 507
Address - Street Name: Park Place
Address - Suffix Type: Dr
State: NJ
City Name: Cherry Hill
Carrier Code: C032
4-Digit Zip Code: 2764
Zip Code: 08002

Valuation

Tax

Tax Year: 2023

Tax Amount: $523,989

Appraisal Valuation

Standard Deviation: 0.2192

Valuation Date: Apr 03, 2024
Confidence Score: 69
Final Value: 259,003
High Value: 315,799
Low Value: 202,208

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

Premium
First Open Lien Mortgage Lender:

Premium
First Open Lien Mortgage Recording Date:

Premium
First Open Lien Mortgage Loan Amount:

Premium
First Open Lien Mortgage Term:

Premium
First Open Lien Mortgage Position:

Premium
First Open Lien Mortgage Loan Type:

Premium
First Open Lien Mortgage Loan Due Date:

Premium

Market Valuation

Market Total Value: $124,700

Market Land Value: $30,000
Market Improvement Value: $94,700

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $124,700
Assessed Land Value: $30,000
Assessed Improvements Value: $94,700

Sales

Current Sale Contract Date: May 24, 2023

Current Sale Recording Date: Jul 12, 2023
Current Sale Price:

Premium
Current Sale Document Type: 27
Current Sale Input Document Number: 43510
Previous Sale Recording Date: Apr 25, 2023
Previous Sale Contract Date: Mar 01, 2023
Previous Sale Amount: $208,500
Previous Sale Document Type: 27

Last Sale Mortgage

First Mortgage Lender:

Premium

First Mortgage Transaction Date:

Premium
First Mortgage Loan Amount:

Premium
First Mortgage Terms:

Premium
First Mortgage Loan Type:

Premium
First Mortgage Loan Due Date:

Premium

Data used for valuation calculations is provided by RealtyHop, and other third party sources

Request mortgage information redaction

Comparables

About Golden Triangle

Stats & Trends

Median Asking:

$424,500

Sale Price/ft²

$252

Below Asking

0.02%

Average Days on Market

Average Home Size

1509 ft²

Average Home Age

26.5 years

Currently For Sale

22 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

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$1,800 /mo

2 Beds
1 Bath
1,566 ft²

806 Linwood Avenue, COLLINGSWOOD, NJ, 08108 Listing by Bonnie Walter

Unit for rent at 340 Woodlawn Terrace, COLLINGSWOOD, NJ, 08108

$2,000 /mo

2 Beds
1 Bath
918 ft²

340 Woodlawn Terrace #B1, COLLINGSWOOD, NJ, 08108 Listing by Patricia A O'Donnell

Unit for rent at 4307 Maple Avenue, PENNSAUKEN, NJ, 08109

$2,000 /mo

3 Beds
1 Bath
1,500 ft²

4307 Maple Avenue #A, PENNSAUKEN, NJ, 08109 Listing by Moustafa Aldouri

Rentals Near You

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Listed by: Min Tang
Realmart Realty, LLC
Last Updated: 5 hours ago
Data Source: Bright MLS , MLS# NJCD2045988

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.

507 PARK PLACE DR

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Geography

Valuation

Comparables

About Golden Triangle

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions