700 Chestnut St · Philadelphia, PA 08075

$239,000

3 bd · 1.5 ba · 1,288 sqft · SingleFamily public records · 63 Days on market

Built 1880 2,375 sqft lot $186/sqft · 6% below area Est $255k · 6% under

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Why this score? — see what drove the C- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +19.3/30.0
• ARV discount +10.3/15.0
• DSCR +6.1/10.0
• 1% rule +5.4/10.0
• Livability +3.9/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.8/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to 700 Chestnut St. , Delanco, NJ 08075 — a well-maintained twin home offering nearly 1,300 square feet of comfortable living space and documented energy efficiency. The home features three bedrooms plus a versatile flex space on the second floor, perfect for a home office, guest room, or additional living area. A true standout is the home’s official Pearl Certification, recognizing verified energy-efficient upgrades that add real value and peace of mind. The basement has been professionally weatherproofed and sealed, the Trane high efficiency HVAC system and high-efficiency tankless water heater are both approximately 5 years old, and the roof is 6 years old — giving buyers confidence in the home’s major systems. Replacement windows on the 2nd and 3rd floors were installed in 2024. Outside, you’ll find a backyard ready for relaxing, entertaining, or creating your own outdoor retreat. The attached twin (702 Chestnut) on the opposite side is currently being renovated by a separate owner, which will further enhance the overall curb appeal of the property when finished. Conveniently located within walking distance to the Delanco Light Rail Station and just 3 minutes from Route 130, 14 minutes to I-295, and 14 minutes to the Tacony-Palmyra Bridge, this home offers easy access for commuters!

Key facts

• Pool
• Built 1880
• Listed 63 days

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $239k.

Deal economics

• At list price, monthly cash flow is $263 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $239k).
• Recommended offer: $225k (6.0% below list) — sets the bar for market timing.
• Cap rate 7.6% vs local median 3.5% in Philadelphia — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 77/100 on livability (#348 in PA, #3,054 nationally) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, cost of living A+; Watch: employment C-, crime F.
• Delanco Township School District (suburban): math 8% / reading 26% proficiency, ranked #431 of 472 in NJ (top 91%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Zoned schools: M. Joan Pearson Elementary School (math 2% / reading 22%, grade F, #1,172 of 1,303 statewide, top 91%, 218 students, 35% FRL); Walnut Street School (math 12% / reading 32%, grade F, #383 of 431 statewide, top 90%, 129 students, 35% FRL).
• Market conditions: 10 comparable units currently listed for rent nearby; rentals at typical pace (median 21d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 2,161 units permitted in Burlington County in 2024 (988 in 5+ unit buildings).
• This rent runs 32% of the median local income ($94k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k of value loss. Plan a longer hold.
• Burlington County population projected to shrink 5% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.

Negotiation context

• It's been on market 63 days — a 6% lower offer ($225k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 24y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $92k; list at $239k implies a 158% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1880 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 7→15/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $224,660 (6.0% below list)

Questions for the listing agent

1. It's been on market 63 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1880 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
6. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
7. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
8. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
9. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.04% ✓
• Cap rate: 7.62%
• Cash-on-cash: 4.72%
• DSCR: 1.21
• GRM: 8.0

CMA / ARV

• ARV (median comp): $255,126
• List price: $239,000
• Delta: -6.32%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
323 Walnut	0.08mi	3/2.0	1,296 (+1%)	6mo	$320,000	$247	88
214 Vine St	0.34mi	3/1.0	1,299 (+1%)	0mo	$350,000	$269	80
511 Ash St	0.12mi	3/1.5	1,350 (+5%)	8mo	$327,000	$242	80
400 Buttonwood St	0.26mi	4/1.5 (+1)	1,248 (-3%)	1mo	$319,900	$256	77
209 Vine St	0.38mi	3/1.0	1,248 (-3%)	1mo	$329,999	$264	74
635 Laurel St	0.15mi	3/1.0	1,425 (+11%)	4mo	$345,000	$242	70
512 Spruce St	0.14mi	4/2.0 (+1)	1,429 (+11%)	3mo	$362,000	$253	66
317 Maple Ave	0.35mi	2/2.0 (-1)	1,406 (+9%)	10mo	$360,000	$256	53
9 Mccay Way	0.65mi	2/2.0 (-1)	1,440 (+12%)	0mo	$384,900	$267	43
22 Wolverton Pl	0.54mi	2/2.0 (-1)	1,440 (+12%)	9mo	$355,000	$247	40
11 Mccay Way	0.64mi	2/2.0 (-1)	1,440 (+12%)	7mo	$375,000	$260	38
19 Emery Way	0.64mi	2/2.0 (-1)	1,446 (+12%)	10mo	$410,000	$284	34

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -8.9%
• Equity multiple: 0.67×
• Total profit: $-21,882
• Equity at exit: $35,636

10-year hold

• IRR: 0.6%
• Equity multiple: 1.04×
• Total profit: $2,820
• Equity at exit: $20,664

Cash invested: $66,920 (down + closing). Projections, not guarantees.

Monthly cashflow live

• Estimated rent: $2,483 high
• Mortgage (P&I): −$1,253
• Tax from tax record: −$345 /mo · $4,140/yr
• Insurance: −$100
• HOA: −$0
• Vacancy / Maint / Mgmt: −$521
• Net cashflow: $263

Break-even live

Break-even rent $2,149

Max offer price $239,000

Occupancy floor 84%

Sensitivity live

Price	-10% $399	-5% $331	+0% $263	+5% $196	+10% $128
Rent	-10% $67	-5% $165	+0% $263	+5% $362	+10% $460
Rate	-1.0pp $384	-0.5pp $324	base $263	+0.5pp $202	+1.0pp $139

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $59,750
• Closing costs: $7,170
• Reserves months: —
• Total cash needed: —

Rent comps 10 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
419 Union Ave Delanco, NJ	4.0	2.0	1444	$2,750	$1.90	0d	1	0.11mi
420 Ash St Delanco, NJ	4.0	1.5	1267	$2,600	$2.05	0d	1	0.19mi
427 Buttonwood St Delanco, NJ	3.0	2.5	1213	$2,200	$1.81	26d	1	0.21mi
300 Washington St Unit 300B Delanco, NJ	2.0	1.0	1000	$1,750	$1.75	45d	1	0.35mi
13 Polk St Riverside, NJ	2.0	2.0	1080	$2,000	$1.85	24d	1	0.62mi
319 Taylor St Riverside, NJ	3.0	1.0	1722	$2,600	$1.51	12d	1	0.73mi
424 Kossuth St Riverside, NJ	3.0	1.0	1175	$2,250	$1.91	45d	1	0.85mi
136 Webster St Riverside, NJ	4.0	1.0	1280	$2,700	$2.11	21d	1	0.86mi
135A Federal St Bensalem, PA	2.0	2.0	1460	$2,800	$1.92	0d	1	1.45mi
808 Delaware Ave Riverside, NJ	3.0	2.0	948	$2,600	$2.74	0d	1	1.49mi

Listing history 22 events

1. 2026-05-17
   historical Active Under Contract 1345-char remark

   Show marketing remark (1345 chars)

   Welcome to 700 Chestnut St. , Delanco, NJ 08075 — a well-maintained twin home offering nearly 1,300 square feet of comfortable living space and documented energy efficiency. The home features three bedrooms plus a versatile flex space on the second floor, perfect for a home office, guest room, or additional living area. A true standout is the home’s official Pearl Certification, recognizing verified energy-efficient upgrades that add real value and peace of mind. The basement has been professionally weatherproofed and sealed, the Trane high efficiency HVAC system and high-efficiency tankless water heater are both approximately 5 years old, and the roof is 6 years old — giving buyers confidence in the home’s major systems. Replacement windows on the 2nd and 3rd floors were installed in 2024. Outside, you’ll find a backyard ready for relaxing, entertaining, or creating your own outdoor retreat. The attached twin (702 Chestnut) on the opposite side is currently being renovated by a separate owner, which will further enhance the overall curb appeal of the property when finished. Conveniently located within walking distance to the Delanco Light Rail Station and just 3 minutes from Route 130, 14 minutes to I-295, and 14 minutes to the Tacony-Palmyra Bridge, this home offers easy access for commuters!

2. 2026-05-11
   status Active 1345-char remark

   Show marketing remark (1345 chars)

   Welcome to 700 Chestnut St. , Delanco, NJ 08075 — a well-maintained twin home offering nearly 1,300 square feet of comfortable living space and documented energy efficiency. The home features three bedrooms plus a versatile flex space on the second floor, perfect for a home office, guest room, or additional living area. A true standout is the home’s official Pearl Certification, recognizing verified energy-efficient upgrades that add real value and peace of mind. The basement has been professionally weatherproofed and sealed, the Trane high efficiency HVAC system and high-efficiency tankless water heater are both approximately 5 years old, and the roof is 6 years old — giving buyers confidence in the home’s major systems. Replacement windows on the 2nd and 3rd floors were installed in 2024. Outside, you’ll find a backyard ready for relaxing, entertaining, or creating your own outdoor retreat. The attached twin (702 Chestnut) on the opposite side is currently being renovated by a separate owner, which will further enhance the overall curb appeal of the property when finished. Conveniently located within walking distance to the Delanco Light Rail Station and just 3 minutes from Route 130, 14 minutes to I-295, and 14 minutes to the Tacony-Palmyra Bridge, this home offers easy access for commuters!

3. 2026-04-20
   status Pending 1345-char remark

   Show marketing remark (1345 chars)

   Welcome to 700 Chestnut St. , Delanco, NJ 08075 — a well-maintained twin home offering nearly 1,300 square feet of comfortable living space and documented energy efficiency. The home features three bedrooms plus a versatile flex space on the second floor, perfect for a home office, guest room, or additional living area. A true standout is the home’s official Pearl Certification, recognizing verified energy-efficient upgrades that add real value and peace of mind. The basement has been professionally weatherproofed and sealed, the Trane high efficiency HVAC system and high-efficiency tankless water heater are both approximately 5 years old, and the roof is 6 years old — giving buyers confidence in the home’s major systems. Replacement windows on the 2nd and 3rd floors were installed in 2024. Outside, you’ll find a backyard ready for relaxing, entertaining, or creating your own outdoor retreat. The attached twin (702 Chestnut) on the opposite side is currently being renovated by a separate owner, which will further enhance the overall curb appeal of the property when finished. Conveniently located within walking distance to the Delanco Light Rail Station and just 3 minutes from Route 130, 14 minutes to I-295, and 14 minutes to the Tacony-Palmyra Bridge, this home offers easy access for commuters!

4. 2026-03-20
   price $239,000 1345-char remark

   Show marketing remark (1345 chars)

   Welcome to 700 Chestnut St. , Delanco, NJ 08075 — a well-maintained twin home offering nearly 1,300 square feet of comfortable living space and documented energy efficiency. The home features three bedrooms plus a versatile flex space on the second floor, perfect for a home office, guest room, or additional living area. A true standout is the home’s official Pearl Certification, recognizing verified energy-efficient upgrades that add real value and peace of mind. The basement has been professionally weatherproofed and sealed, the Trane high efficiency HVAC system and high-efficiency tankless water heater are both approximately 5 years old, and the roof is 6 years old — giving buyers confidence in the home’s major systems. Replacement windows on the 2nd and 3rd floors were installed in 2024. Outside, you’ll find a backyard ready for relaxing, entertaining, or creating your own outdoor retreat. The attached twin (702 Chestnut) on the opposite side is currently being renovated by a separate owner, which will further enhance the overall curb appeal of the property when finished. Conveniently located within walking distance to the Delanco Light Rail Station and just 3 minutes from Route 130, 14 minutes to I-295, and 14 minutes to the Tacony-Palmyra Bridge, this home offers easy access for commuters!

5. 2026-02-23
   listed $249,000 Active 1345-char remark

   Show marketing remark (1345 chars)

   Welcome to 700 Chestnut St. , Delanco, NJ 08075 — a well-maintained twin home offering nearly 1,300 square feet of comfortable living space and documented energy efficiency. The home features three bedrooms plus a versatile flex space on the second floor, perfect for a home office, guest room, or additional living area. A true standout is the home’s official Pearl Certification, recognizing verified energy-efficient upgrades that add real value and peace of mind. The basement has been professionally weatherproofed and sealed, the Trane high efficiency HVAC system and high-efficiency tankless water heater are both approximately 5 years old, and the roof is 6 years old — giving buyers confidence in the home’s major systems. Replacement windows on the 2nd and 3rd floors were installed in 2024. Outside, you’ll find a backyard ready for relaxing, entertaining, or creating your own outdoor retreat. The attached twin (702 Chestnut) on the opposite side is currently being renovated by a separate owner, which will further enhance the overall curb appeal of the property when finished. Conveniently located within walking distance to the Delanco Light Rail Station and just 3 minutes from Route 130, 14 minutes to I-295, and 14 minutes to the Tacony-Palmyra Bridge, this home offers easy access for commuters!

6. 2026-02-22
   historical $249,000 1345-char remark

   Show marketing remark (1345 chars)

   Welcome to 700 Chestnut St. , Delanco, NJ 08075 — a well-maintained twin home offering nearly 1,300 square feet of comfortable living space and documented energy efficiency. The home features three bedrooms plus a versatile flex space on the second floor, perfect for a home office, guest room, or additional living area. A true standout is the home’s official Pearl Certification, recognizing verified energy-efficient upgrades that add real value and peace of mind. The basement has been professionally weatherproofed and sealed, the Trane high efficiency HVAC system and high-efficiency tankless water heater are both approximately 5 years old, and the roof is 6 years old — giving buyers confidence in the home’s major systems. Replacement windows on the 2nd and 3rd floors were installed in 2024. Outside, you’ll find a backyard ready for relaxing, entertaining, or creating your own outdoor retreat. The attached twin (702 Chestnut) on the opposite side is currently being renovated by a separate owner, which will further enhance the overall curb appeal of the property when finished. Conveniently located within walking distance to the Delanco Light Rail Station and just 3 minutes from Route 130, 14 minutes to I-295, and 14 minutes to the Tacony-Palmyra Bridge, this home offers easy access for commuters!

7. 2025-11-17
   historical
8. 2025-10-08
   price $224,000
9. 2025-09-08
   listed $230,000 Active
10. 2025-09-03
    historical
11. 2012-04-20
    historical
12. 2011-12-12
    listed $139,500
13. 2010-12-30
    historical
14. 2010-04-03
    listed $169,900
15. 2002-11-06
    soldstatus $92,500
16. 2002-09-30
    soldstatus $92,500
17. 2002-07-20
    historical
18. 2002-07-08
    listed $92,500
19. 1989-10-17
    soldstatus $83,000
20. 1986-01-02
    soldstatus $42,000
21. 1979-04-01
    soldstatus $23,800
22. 1979-04-01
    soldstatus $34,900

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast PA · Partial reset (capped growth)

• Current annual tax: $4,140 · $345/mo
• Projected year-2 tax: $4,140 · $345/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 4/10 Moderate FEMA zone X (unshaded) · 23% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 6/10 Major 7 d/yr ≥103°F today · 15 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 5 unhealthy d/yr today · 7 by 30 yrs out

Taxation est. · year 1

• Rental income: $29,793
• − Mortgage interest: −$13,388
• − Property taxes: −$4,140
• − Insurance: −$1,195
• − Repairs & maintenance: −$2,383
• − Management: −$2,383
• − Depreciation: −$6,953
• Taxable loss: −$649
• Est. tax savings @ 24.0%: +$156
• After-tax cash flow: $3,317/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Delanco Township School District
• NCES district ID: 3403690
• Math proficiency: 8% ▼ -25.00%
• Reading proficiency: 26% ▼ -6.00%
• Median HH income: $73,723
• Composite: 17.62/100
• National rank: #9035
• State rank: #431 of 472 in NJ

Livability — Philadelphia

• Score: 77/100
• State rank: #348
• US rank: #3054

Category grades

Amenities A+ Commute A+ Cost of living A+ Crime F Employment C- Housing A+ Health & safety A User ratings D+

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Burlington County
• City population: 1,559,001
• Metro: Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
• Population (ZIP): 30,615
• Household income: $94,407
• Rent vs Own: 30.2% rent · 69.8% own
• Severe rent burden: 1103.0

Population outlook (Burlington County) Hauer SSP2

• Today (2025): 453,425 people
• By 2030: 452,359 · -0.2%
• By 2040: 445,033 · -1.9%
• By 2050: 431,760 · -4.8%
• By 2075: 406,277 · -10.4%
• By 2100: 364,732 · -19.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (70%)
• Race & ethnicity: White 70% Black 10% Hispanic / Latino 9% Two or more races 9% Asian 3%
• Hispanic origin (detail): Puerto Rican 3%
• Common ancestry: Romanian 8% Estonian 3% Russian 2%
• Foreign-born: 13% · Canada, China
• Languages at home: 82% English-only · Other Indo-European 8% Spanish 6% Other Asian/Pacific 2%

Political lean MEDSL · Burlington

• 2024 margin: D (+16.6) · D 57.6% · R 41.0% · Other 1.3%
• 2008→2024 swing: -2.0pp toward R · 2008: 18.6pp · 2024: 16.6pp
• All cycles: 2024: D+16.6 2020: D+19.5 2016: D+14.8 2012: D+18.7 2008: D+18.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -396.76%
• Current HPI: 281.8091
• Rent YoY: —
• Metro: Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
• State GDP YoY: ▲ 1.68%
• F500 in state: 34

Industry mix (Fortune 500 HQ in PA)

Industry	F500 HQs	Revenue
▸Healthcare	2	$309B
▸Insurance	2	$27B
▸Telecommunications / Media	1	$124B
▸Industrial Distribution	1	$22B
▸Financial Services	1	$20B
▸Chemicals / Materials	1	$18B

Price history

+904.2% since first listed

22 events — show timeline

• 2026-05-17 Contingent — BRIGHT MLS
• 2026-05-11 Relisted — BRIGHT MLS
• 2026-04-20 Pending — BRIGHT MLS
• 2026-03-20 Price Changed $239,000 BRIGHT MLS
• 2026-02-23 Listed $249,000 BRIGHT MLS
• 2026-02-22 Coming Soon $249,000 BRIGHT MLS
• 2025-11-17 Listing Removed — BRIGHT MLS
• 2025-10-08 Price Changed $224,000 BRIGHT MLS
• 2025-09-08 Listed $230,000 BRIGHT MLS
• 2025-09-03 Coming Soon — BRIGHT MLS
• 2012-04-20 Listing Removed — BRIGHT MLS
• 2011-12-12 Listed $139,500 BRIGHT MLS
• 2010-12-30 Listing Removed — BRIGHT MLS
• 2010-04-03 Listed $169,900 BRIGHT MLS
• 2002-11-06 Sold (Public Records) $92,500 Public Records
• 2002-09-30 Sold (MLS) $92,500 BRIGHT MLS
• 2002-07-20 Listing Removed — BRIGHT MLS
• 2002-07-08 Listed $92,500 BRIGHT MLS
• 1989-10-17 Sold (Public Records) $83,000 Public Records
• 1986-01-02 Sold (Public Records) $42,000 Public Records
• 1979-04-01 Sold (Public Records) $34,900 Public Records
• 1979-04-01 Sold (Public Records) $23,800 Public Records

Property tax history

+1.3%/yr

Latest (2025): $4,140 · +4.9% YoY. Source: county tax records.