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Barclay 08034
550 COVERED BRIDGE RD
$280,000
● House - Off Market

550 COVERED BRIDGE RD

CHERRY HILL, NJ 08034
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,628 Ft²
$410,377
RealtyHop Estimate
46.56%
Since Oct 1, 2019
National-US
Primary Model

About This Property

A lot of home for the money!  Spacious and Inviting!  This Traditional 4 bedroom 2.5 bath home has it all!  Some of this homes many features include:  a gorgeously renovated kitchen, with granite countertops and stainless steel appliances, a cheery sun room right off the kitchen, an expansive stone patio off the sun room, and a formal dining room.  These features and more make this a great home for entertaining.  Other amenities include a 2 car side entry garage, and a large lush landscaped lot.  This house has been lovingly renovated and maintained, but the owner is not prepared to make any repairs, and is seeking a buyer prepared to accept this great home as it is.
Unit Size
2,628 Ft²
Days on Market
35 days
Land Size
-
Price per sqft
$107
Property Type
House
Property Taxes
$888
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: 3 years ago (Bright MLS #NJCD367510)

Price History

Date / Event Date Event Price
Sep 25, 2019 Sold
Premium
Sold
Jun 3, 2019 Listed by Weichert Realtors-Cherry Hill $280,000
Listed by Weichert Realtors-Cherry Hill

Property Highlights

Garage
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: 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: 17,280
  • Lot Size Depth Feet: 1,280
  • Lot Size Frontage Feet: 1,350
  • Total Building Area: 2,628
  • Building Area: 2,628
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,628
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EASTERN SUBDIVISION BARCLAY HOMES INC
  • Land Acres: 0000000396
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Cherry Hill Township School District
  • Census Tract: 603602

Geography

  • Assessors Map Reference: TAX MAP 186
  • Account Number: 012558
  • District: 09
  • Parcel: 09 00404- 10-00017
  • Block: 404.10
  • Lot: 17
  • Municipality: CHERRY HILL TWNSHP
  • Latitude: 39.8943
  • Longitude: -74.9968

    Address

  • Full Address: 550 Covered Bridge Rd
  • Address - House Number: 550
  • Address - Street Name: Covered Bridge
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Cherry Hill
  • Carrier Code: C069
  • 4-Digit Zip Code: 3111
  • Zip Code: 08034

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,105,966

    Appraisal Valuation

  • Standard Deviation: 0.2184
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 70
  • Final Value: 528,972
  • High Value: 644,524
  • Low Value: 413,419

    Market Valuation

  • Market Total Value: $263,200
  • Market Land Value: $73,800
  • Market Improvement Value: $189,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $263,200
  • Assessed Land Value: $73,800
  • Assessed Improvements Value: $189,400

    Sales

  • Current Sale Contract Date: Oct 10, 2019
  • Current Sale Recording Date: Oct 28, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2019074467
  • Previous Sale Recording Date: Jun 23, 1993
  • Previous Sale Contract Date: Jun 23, 1993
  • Previous Sale Document Type: 55
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 Barclay

Stats & Trends

Median Asking:

$597,000

Sale Price/ft²

$286

Above Asking

0.00%

Average Days on Market

44

Average Home Size

24136 ft²

Average Home Age

58.3 years

Currently For Sale

8 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 400 E Oak Avenue, LAWNSIDE, NJ, 08045

$2,540 /mo

  • 2 Beds
  • 2 Baths
  • 1,097 ft²
400 E Oak Avenue #3302, LAWNSIDE, NJ, 08045 Listing by Patricia Tribelhorn
Unit for rent at 174 Centura, CHERRY HILL, NJ, 08003

$2,200 /mo

  • 2 Beds
  • 2 Baths
  • 1,442 ft²
174 Centura #174, CHERRY HILL, NJ, 08003 Listing by Jenifer Raffa
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.

Rentals Near You

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

Listed by: Elyse Greenberg
Weichert Realtors-Cherry Hill
Last Updated: 8 hours ago
Data Source: Bright MLS , MLS# NJCD367510
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 550 Covered Bridge Road built and last sold?
The property at 550 Covered Bridge Road was built in 1962 and last sold on Oct 10, 2019 for $280,000.
How much is this home worth?
The estimated value of the home located at 550 Covered Bridge Road is $0.
What are some comparable homes to 550 Covered Bridge Road?
There are currently no comparable homes to 550 Covered Bridge Road.
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