$312,000
●
House -
Off Market
623 THOMAS AVE
RIVERTON, NJ 08077
4 Beds
2 Baths,
1
Half Bath
1,800 Ft²
$439,199
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model
About This Property
***************************************Recently
Reduced!************************************************ Historic
Foursquare Colonial on highly desired tree lined Thomas Avenue
featuring Original Riverton Gas Lamps. Property has a
beautiful screened in porch and an EP Henry Patio on the exterior.
Once inside you'll find finished Hardwood throughout the
house. Kitchen remodeled 2018 with all stainless appliances
and granite countertops. Full Bath remodeled in 2019.
New Gas Fireplace installed in 2019. Spacious Master
refurbished in 2018 with exposed beams and walk in closet.
New Custom security system installed in 2015. Hot Water
Heater, HVAC System and Furnace all replaced in 2019 to high
efficiency systems. All Windows have been replaced to energy
efficient windows. Backyard is open and spacious!
Extremely well cared for home in Historic Riverton! A
Must See
Unit Size
1,800 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$181
Property Type
House
Property Taxes
$644
HOA Dues
-
Year Built
1909
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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 #NJBL367888)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 4, 2020 | Sold | ||
| Sold | |||
| Feb 28, 2020 | Listed by Key Properties Real Estate | $324,900 | |
| Listed by Key Properties Real Estate | |||
Property Highlights
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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ft²
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Sold On
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HOA + Taxes
About Riverton
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Listed by: Anthony Balboni, Sr.
Key Properties Real Estate
Last Updated: 10 hours ago
Data Source: Bright MLS , MLS# NJBL367888
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.
Key Properties Real Estate
Last Updated: 10 hours ago
Data Source: Bright MLS , MLS# NJBL367888
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