$849,000
●
House -
Off Market
5144 VENICE AVENUE
HAMMONTON, NJ 08037
4 Beds
2 Baths
3,896 Ft²
$5,175
Est. Monthly
3.53%
Cap Rate
About This Property
The Sweetest in Sweetwater
This 4-bedroom, 2-bathroom raised rancher sits on nearly 100 feet of Mullica River frontage. With 2,000 sq. ft. of living space, the home blends comfort, modern upgrades, and natural beauty. Peace of mind with a newer septic system (installed within 6 years), 2,000 sq. ft. of unfinished lower-level space for customization, and a newer bulkhead, boat lift, and dock. Enjoy breathtaking views and direct access to the Mullica River. Whether you're boating, fishing, or simply relaxing by the water, the riverfront location adds a touch of tranquility to everyday life. Don't miss this rare opportunity to own a riverfront gem. Schedule your showing today and start living the Mullica River lifestyle!
This 4-bedroom, 2-bathroom raised rancher sits on nearly 100 feet of Mullica River frontage. With 2,000 sq. ft. of living space, the home blends comfort, modern upgrades, and natural beauty. Peace of mind with a newer septic system (installed within 6 years), 2,000 sq. ft. of unfinished lower-level space for customization, and a newer bulkhead, boat lift, and dock. Enjoy breathtaking views and direct access to the Mullica River. Whether you're boating, fishing, or simply relaxing by the water, the riverfront location adds a touch of tranquility to everyday life. Don't miss this rare opportunity to own a riverfront gem. Schedule your showing today and start living the Mullica River lifestyle!
Unit Size
3,896 Ft²
Days on Market
-
Land Size
0.49 acres
Price per sqft
$218
Property Type
House
Property Taxes
$1,006
HOA Dues
-
Year Built
1960
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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 years ago (Bright MLS #NJAC2017984)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 18, 2025 | Sold | ||
| Sold | |||
| Apr 7, 2025 | Listed by Century 21 Reilly Realtors | $848,888 | |
| Listed by Century 21 Reilly Realtors | |||
| Aug 1, 2019 | Sold | ||
| Sold | |||
| May 3, 2019 | Listed by RE/MAX Community-Williamstown | $450,000 | |
| Listed by RE/MAX Community-Williamstown | |||
| | |||
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Gorgeous custom Raised Rancher on the Mullica River. House is on a dead end street. Renovated from top to bottom. 4 bedrooms and 2 full baths remodeled with the highest quality of construction and amenities put into this property. The open floor plan that was designed for the modern family with exceptional breathtaking views of the river from numerous points in the home. Sensational kitchen with view of the River. New 120,000 BTU Soapstone Wood Stove. Back covered deck is gorgeous. New 250 sq ft deck with vinyl rails. Walk out basement with a 1 car garage. Seller has acquired a Tidelands License and received approval for dock permit from NJDEP valid until 2023.Seller is adding a dock. Appliances included. House is FEMA compliant. Federal Minimum for flood insurance is approx $400 a year
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About Atlantic
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Listed by: Frank Maione
Century 21 Reilly Realtors
Last Updated: 3 hours ago
Data Source: Bright MLS , MLS# NJAC2017984
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Century 21 Reilly Realtors
Last Updated: 3 hours ago
Data Source: Bright MLS , MLS# NJAC2017984
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