43 S Smith Terrace

CLEMENTON, NJ 08021

  • 4 Bed(s)
  • 2 Bath(s)
  • 2,140 Sqft
  • 5001
    Sqft(Lot)
$270,000

Description

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.

  • Property Type

    Residential

  • Subdivision

    None Available

  • County

    CAMDEN

  • Style

    Colonial

  • AD ID

    49240954

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Property Details

  • Bedroom Information

    • Total Bedrooms : 4
    • Master Bedroom Level: 1
    • Total Bedroom (Upper): 3
    • Bedroom Upper Level 1: 3

    Bathroom Information

    • Total Baths: 2
    • Full Baths: 2
    • Half Baths: 0

    Water/Sewer

    • Water Source : Public

    Interior Features

    • Basement Description: Unfinished

    Heating & Cooling

    • Cooling: Central A/C
    • Heating: Forced Air
    • Cooling Fuel: Electric
    • Heating Fuel: Natural Gas

  • Building Information

    • Year Built: 1985
    • Structure: Detached
    • New Construction: No
    • Built: 1985
    • Construction Material: Frame
    • Foundation/Basement: Block
    • Architecture: Colonial
    • Pool/Private: No Pool

    Pool Information

    • Pool: No Pool

    Utility Features

    • Sewer: Public Sewer

    Water

    • Water Heat: Natural Gas

  • Lot Information

    • Lot Size: 5,001
    • Dimensions: 50.00 x 100.00
    • Lot Size (Acres): 0.11
    • Architectural Style: Colonial
    • Main Square Feet: 5,001

    Property Information

    • SQ ft: 2,140
    • SQ ft (Living Area): 2,140
    • Total Lot SQ ft: 5,001
    • Subdivision: NONE AVAILABLE
    • Financing: Cash,Conventional,FHA
    • Appx. Lot Dimensions: 50.00 x 100.00
    • Total Acreage: 0.11
    • New Construction: No
    • Type: Colonial

  • Listing Information

    • Possession: Settlement,Subject to Existing Lease,Negotiable
    • Days Of Market: 11

    Lease Information

    • Lease Considered: No

  • Tax Information

    • Annual Tax: $6,483
    • Tax Year: 2024
    • Total Taxes Payment Frequency: Annually

    Possession

    • Settlement,Subject to Existing Lease,Negotiable

    Assessment Information

    • Taxes Assessment Amount: $143,700

  • Parking Information

    • Parking Type: Driveway

    Multi-Unit Information

    • Acceptable Financing: Cash,Conventional,FHA

    Homeowners Association Information

    • Direction: Berlin Rd to Smith Terrace

  • School Information

    • School District: CLEMENTON BOROUGH PUBLIC SCHOOLS

    Utility Information

    • Water Source: Public
    • Sewer: Public Sewer
    • Cooling Fuel: Electric
    • Heating Fuel: Natural Gas
    • Hot Water: Natural Gas

    Location Information

    • Direction: Berlin Rd to Smith Terrace
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BuyOwner last updated this listing 04/26/2025 @ 02:21

  • MLS: NJCD2089670
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: BRIGHT MLS

is a Home, with 4 bedrooms which is for sale, it has 2,140 sqft, 5,001 sized lot, and 0 parking. are nearby neighborhoods.