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For sale
  • Price cut: $25K (4/14)
    $270,000

    43 S Smith Ter, Clementon, NJ 08021

    4beds
    2,140sqft
    : 
    Single Family Residence
    Built in 1985
    5,001 Square Feet Lot
    $271,800 Zestimate®
    $126/sqft
    $-- HOA

    What's special

    Updated bathroomsSolid foundation
    Investor Opportunity – Income-Producing 4BR/2BA Rental with Long-Term Tenant This spacious 4-bedroom, 2-bathroom property offers 2,140 sq. ft. of living space with a solid foundation and excellent value-add potential. Currently rented at $1,950/month to a long-term Section 8 tenant who has been in place for over 10 years and wants to remain, this investment provides guaranteed income with zero vacancy risk. Features include a large kitchen with white cabinetry and granite countertops, updated bathrooms, and oversized living areas. While the property could benefit from some finishing touches, it presents strong upside for appreciation or increased rental value. With annual gross rent of $23,400, property taxes of $6,484, and estimated landlord-paid utilities (water/sewer + trash) at $1,500/year, the Net Operating Income comes to $15,416 annually. Priced at $270,000, the estimated cap rate is 5.71%. Conveniently located near parks, shopping centers, and major highways, this property is a turnkey, stable, income-generating asset with long-term upside in a growing South Jersey rental market.
    20 days
    on Zillow
    |
    864
    |
    52
    |

    Zillow last checked: 7 hours ago

    Listing updated: April 15, 2025 at 03:14am

    Listed by:

    Mr. Steven McCullough 856-437-9337,

    RealtyMark Properties

    Source: Bright MLS,MLS#: NJCD2089670MLS Logo
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    Next available tour time:Today at 7pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 1
    • Main level bedrooms: 1
    Basement
    • Area: 0
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Gas Water Heater
    Features
    • Basement: Unfinished
    • Has fireplace: No
    Interior area
    • Total structure area: 2,140
    • Total interior livable area: 2,140 sqft
    • Finished area above ground: 2,140
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Driveway
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Stories: 2
    • Pool features: None
    Lot
    • Size: 5,001 Square Feet
    • Dimensions: 50.00 x 100.00
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 110009700026
    • Zoning: RES
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Colonial
    • Property subtype: Single Family Residence
    Materials
    • Frame
    • Foundation: Block
    Condition
    • New construction: No
    • Year built: 1985

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: None Available
    HOA
    • Has HOA: No
    Location
    • Region: Clementon
    • Municipality: CLEMENTON BORO

    Financial & listing details

    • Price per square foot: $126/sqft
    • Tax assessed value: $143,700
    • Annual tax amount: $6,483
    • Date on market: 4/6/2025
    • Listing agreement: Exclusive Agency
    • Listing terms: Cash,Conventional,FHA
    • Exclusions: Tenants Belongings: Personal Property, Funiture, Any And All Items They Own.
    • Ownership: Fee Simple
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