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Golden Triangle 08002
525 HANOVER AVENUE
$500,000
● House - Off Market

525 HANOVER AVENUE

CHERRY HILL, NJ 08002
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,153 Ft²
$3,312
Est. Monthly
3.33%
Cap Rate

About This Property

Welcome to 525 Hanover Avenue, a beautifully maintained and thoughtfully updated home in the heart of Cherry Hill! This spacious residence boasts numerous upgrades that offer both comfort and peace of mind. The entire interior was freshly painted in 2019, creating a bright and welcoming atmosphere. The family room features new flooring, while the hardwood floors have been refinished to restore their original charm in the living and dining rooms as well.   Plush new carpeting on the stairs and upper hallway adds warmth and elegance.

Major improvements include a newer roof, a high-efficiency HVAC system, and all windows replaced (excluding the kitchen and sliding glass door). Energy efficiency is enhanced with added insulation in the attic and storage areas, an attic fan, and newly installed insulated garage doors and shutters.

The kitchen is a chef's delight with newer stainless steel appliances including a cooktop, double oven, refrigerator, all replaced in recent years for modern convenience. The  breakfast nook  opens up to the spacious step down  family room with fireplace and sliding door.  A  lovely patio and manicured backyard provide a great space for outdoor entertaining.

This move-in-ready home combines comfort, functionality, and style, making it a standout in a sought-after neighborhood. Don't miss your chance to own this Cherry Hill gem-schedule your private tour today!
Unit Size
2,153 Ft²
Days on Market
110 days
Land Size
0.24 acres
Price per sqft
$232
Property Type
House
Property Taxes
$857
HOA Dues
-
Year Built
1978

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Cap Rate Calculator

Last updated: 2 years ago (Bright MLS #NJCD2094820)

Price History

Date / Event Date Event Price
Sep 23, 2025 Sold
Sold
Aug 21, 2025 In contract -
In contract
Aug 15, 2025 Relisted $499,900
Relisted
Aug 11, 2025 In contract -
In contract
Aug 1, 2025 Price Decreased $499,900
↓ $20K (3.9%)
Price Decreased
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Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • 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: 10,402
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 1,040
  • Total Building Area: 2,153
  • Building Area: 2,153
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,153
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000239
  • Standard Land Use Code: 1001
  • County Land Use Code: 2
  • Legal Description 1: FACILITY NAME: ABT EXP 12/22

Neighborhood

  • School District Name: Cherry Hill Township School District
  • Census Tract: 603301

Geography

  • Assessors Map Reference: TAX MAP 147
  • Account Number: 001620
  • District: 09
  • Parcel: 09 00165- 01-00029
  • Block: 165.01
  • Lot: 29
  • Municipality: CHERRY HILL TWNSHP
  • Latitude: 39.9307
  • Longitude: -75.0263

    Address

  • Full Address: 525 Hanover Ave
  • Address - House Number: 525
  • Address - Street Name: Hanover
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Cherry Hill
  • Carrier Code: C033
  • 4-Digit Zip Code: 2017
  • Zip Code: 08002

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $969,401

    Appraisal Valuation

  • Standard Deviation: 0.1979
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 73
  • Final Value: 471,210
  • High Value: 564,504
  • Low Value: 377,916

    Market Valuation

  • Market Total Value: $230,700
  • Market Land Value: $56,200
  • Market Improvement Value: $174,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $230,700
  • Assessed Land Value: $56,200
  • Assessed Improvements Value: $174,500

    Sales

  • Current Sale Contract Date: Apr 25, 2019
  • Current Sale Recording Date: May 20, 2019
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2019033892
  • Previous Sale Recording Date: Apr 20, 2017
  • Previous Sale Contract Date: Apr 03, 2017
  • Previous Sale Amount: $282,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

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

About Golden Triangle


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Frequently Asked Questions

When was property at 525 Hanover Avenue built and last sold?
The property at 525 Hanover Avenue was built in 1978 and last sold on Apr 25, 2019 for $290,000.
How much is this home worth?
The estimated value of the home located at 525 Hanover Avenue is $506,973.
What are some comparable homes to 525 Hanover Avenue?
There are currently no comparable homes to 525 Hanover Avenue.