None · Camden, NJ 08104

$159,000

3 bd · 2.0 ba · 1,272 sqft · SingleFamily public records · 70 Days on market

Built 1920 Est $197k · 19% under

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Why this score? — see what drove the B- 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 +27.0/30.0
• ARV discount +15.0/15.0
• DSCR +9.4/10.0
• 1% rule +6.6/10.0
• Livability +3.5/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +0.7/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

House for sale: spacious and renovated, with 3 bedrooms and 2 full bathrooms, a finished basement with two additional bedrooms and an extra closet, patio, and a spacious kitchen. This is a single-family home with no adjacent house and available parking. A great option for investors Tenant-occupied and paying good monthly rent, You buy it and start making money right away. So don’t miss the opportunity to buy this house. An appraisal was conducted in 2025, and the price is in line with the appraisal. Strictly sold “As Is”; the buyer is responsible for obtaining the CO.

Key facts

• Available parking
• Spacious kitchen
• Finished basement

Tags

• FINISHED BASEMENT
• PATIO
• SPACIOUS KITCHEN
• AVAILABLE PARKING
• NO ADJACENT HOUSE

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $159k.

Deal economics

• At list price, monthly cash flow is $447 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $159k).
• Recommended offer: $149k (6.0% below list) — sets the bar for market timing.
• Cap rate 9.7% vs local median 7.1% in Camden — 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 70/100 on livability (#262 in NJ) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, cost of living A; Watch: schools F, crime F, employment F.
• Camden City School District (urban): math 3% / reading 16% proficiency, ranked #472 of 472 in NJ (top 100%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 86% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 95 active listings in the ZIP; 25 comparable units currently listed for rent nearby; rentals at typical pace (median 19d on market — plan ~3-4 weeks tenant-placement turnaround); 1,018 units permitted in Camden County in 2024 (509 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
• Camden County population projected to shrink 8% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $45k cash investment doubles in ~10 years — after that, you're playing with house money.

Negotiation context

• It's been on market 70 days — a 6% lower offer ($149k) is reasonable based on typical stale-listing flexibility.
• 13 sale attempts since 26y ago; this cycle's ask has dropped $10k (6%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $90k; list at $159k implies a 77% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1920 — 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 $149,460 (6.0% below list)

Questions for the listing agent

1. It's been on market 70 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 1920 — 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 F-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: 1.16% ✓
• Cap rate: 9.67%
• Cash-on-cash: 12.06%
• DSCR: 1.54
• GRM: 7.2

CMA / ARV

• ARV (on-the-fly): $197,160
• Comps found: 11

Show comp detail 11 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1215 Decatur St	0.17mi	3/1.0	1,300 (+2%)	17mo	$170,000	$131	70
1306 Thurman St	0.15mi	3/1.0	1,398 (+10%)	4mo	$140,000	$100	69
1551 Norris St	0.10mi	3/1.5	1,352 (+6%)	18mo	$225,000	$166	68
1314 Atlantic Ave	0.31mi	3/1.5	1,380 (+8%)	2mo	$245,000	$178	68
1251 Atlantic Ave	0.31mi	3/1.5	1,162 (-9%)	14mo	$235,000	$202	57
1443 Crestmont Ave	0.30mi	3/1.0	1,152 (-9%)	21mo	$178,000	$155	49
117 Cooper Ave	0.59mi	4/1.0 (+1)	1,344 (+6%)	7mo	$180,000	$134	48
171 Elm Ave	0.71mi	3/1.5	1,238 (-3%)	22mo	$263,000	$212	42
1243 Magnolia Ave	0.65mi	3/1.0	1,460 (+15%)	6mo	$115,000	$79	36
1553 Wildwood Ave	0.74mi	3/2.0	1,440 (+13%)	10mo	$128,000	$89	35
249 Parker Ave	0.72mi	4/2.0 (+1)	1,365 (+7%)	19mo	$290,000	$212	33

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: 1.6%
• Equity multiple: 1.06×
• Total profit: $2,706
• Equity at exit: $23,707

10-year hold

• IRR: 11.2%
• Equity multiple: 1.87×
• Total profit: $38,932
• Equity at exit: $13,747

Cash invested: $44,520 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 21 Tenant-Leaning
• State New Jersey: 21 Tenant-Leaning · D+6
• County: — inherits STATE
• City: — inherits STATE

Anti-eviction Act requires just-cause statewide; rent control in 100+ municipalities; one of the most tenant-friendly states.

Methodology + full state rankings →

ZIP-level market 08104

• Active inventory: 95
• Price-to-rent: 7.2×

Monthly cashflow live

• Estimated rent: $1,838 high
• Mortgage (P&I): −$834
• Tax from tax record: −$104 /mo · $1,250/yr
• Insurance: −$66
• HOA: −$0
• Vacancy / Maint / Mgmt: −$386
• Net cashflow: $447

Break-even live

Break-even rent $1,271

Max offer price $159,000

Occupancy floor 71%

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: $39,750
• Closing costs: $4,770
• Reserves months: —
• Total cash needed: —

Rent comps 25 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1502 S 9th St Camden, NJ	2.0	1.0	1050	$1,475	$1.40	19d	1	0.43mi
1364 Kaighn Ave Camden, NJ	2.0	1.0	912	$1,485	$1.63	2d	1	0.44mi
1455 Wildwood Ave Camden, NJ	3.0	1.5	1353	$1,900	$1.40	10d	1	0.59mi
1055 Kenwood Ave Camden, NJ	4.0	1.0	1088	$1,875	$1.72	24d	1	0.64mi
209 Cedar Ave Oaklyn, NJ	2.0	1.0	1400	$1,500	$1.07	16d	1	0.66mi
209 Cedar Ave Oaklyn, NJ	2.0	1.0	1400	$1,800	$1.29	5d	1	0.66mi
1509 Park Blvd Camden, NJ	1.0–2.0	1.0	1075	$1,650	$1.53	24d	1	0.73mi
457 Mechanic St Camden, NJ	3.0	2.0	1200	$1,950	$1.62	18d	1	0.95mi
708 Royden St Camden, NJ	3.0	1.0	1113	$1,595	$1.43	17d	1	1.04mi
537 Newton Ave Camden, NJ	2.0	1.0	1092	$1,500	$1.37	12d	1	1.05mi
537 Newton Ave Camden, NJ	2.0	1.0	1092	$1,500	$1.37	18d	1	1.05mi
727 Berkley St Camden, NJ	2.0	1.5	1008	$1,660	$1.65	24d	1	1.10mi
301 Champion Ave Oaklyn, NJ	2.0	1.0	661	$1,770	$2.68	4d	3	1.10mi
221 Haddon Ave Collingswood, NJ	4.0	2.0	1744	$3,100	$1.78	3d	1	1.11mi
225 Haddon Ave Collingswood, NJ	2.0	2.0	1211	$3,372	$2.78	1d	6	1.13mi
132 E Franklin Ave Unit A Collingswood, NJ	2.0	1.0	1000	$2,400	$2.40	24d	1	1.20mi
609 Henry St Camden, NJ	3.0	1.0	1290	$1,600	$1.24	24d	1	1.28mi
2829 Idaho Rd Camden, NJ	3.0	1.5	1048	$1,700	$1.62	24d	1	1.29mi
2892 N Constitution Rd Camden, NJ	3.0	1.0	1040	$2,000	$1.92	24d	1	1.30mi
1220 Grant Ave Unit 2 Oaklyn, NJ	2.0	1.0	1000	$1,800	$1.80	20d	1	1.31mi
430 Richey Ave Unit 1A Oaklyn, NJ	2.0	1.0	897	$2,100	$2.34	4d	1	1.32mi
264 Boyd St Unit B Camden, NJ	2.0	1.0	1616	$1,700	$1.05	24d	1	1.33mi
1034 Collings Ave Oaklyn, NJ	2.0	1.0	1100	$1,750	$1.59	18d	1	1.36mi
440 Henry St Camden, NJ	3.0	1.5	1224	$2,200	$1.80	24d	1	1.37mi
809 Eldridge Ave Unit 2 Oaklyn, NJ	2.0	1.0	1720	$2,050	$1.19	24d	1	1.45mi

Listing history 49 events

1. 2026-06-18
   days on market $159,000 Active 70 DOM
2. 2026-06-17
   days on market $159,000 Active 69 DOM
3. 2026-06-16
   days on market $159,000 Active 68 DOM
4. 2026-06-15
   days on market $159,000 Active 67 DOM
5. 2026-06-13
   remarks 622-char remark
6. 2026-06-13
   pricedays on market $159,000 Active 65 DOM
7. 2026-06-13
   pricedays on market $159,500 Active 64 DOM
8. 2026-06-09
   days on market $165,000 Active 61 DOM
9. 2026-06-08
   days on market $165,000 Active 60 DOM
10. 2026-06-07
    days on market $165,000 Active 59 DOM
11. 2026-06-04
    days on market $165,000 Active 56 DOM
12. 2026-06-03
    days on market $165,000 Active 55 DOM
13. 2026-06-02
    days on market $165,000 Active 54 DOM
14. 2026-06-01
    days on market $165,000 Active 53 DOM
15. 2026-05-31
    pricedays on market $165,000 Active 52 DOM
16. 2026-04-09
    listed $169,000 Active 593-char remark

    Show marketing remark (593 chars)

    House for sale: spacious and renovated, with 3 bedrooms and 2 full bathrooms, a finished basement with two additional bedrooms and an extra closet, patio, and a spacious kitchen. This is a single-family home with no adjacent house and available parking. A great option for investors Tenant-occupied and paying good monthly rent, You buy it and start making money right away. So don’t miss the opportunity to buy this house. An appraisal was conducted in 2025, and the price is in line with the appraisal. Strictly sold “As Is”; the buyer is responsible for obtaining the CO.

17. 2025-06-04
    historical
18. 2025-04-30
    listed $165,000 Active
19. 2025-02-20
    historical
20. 2025-01-28
    listed $155,000 Active
21. 2024-08-13
    historical
22. 2024-06-23
    status Active
23. 2024-06-23
    historical
24. 2024-06-23
    listed $165,000 Active
25. 2024-06-23
    historical
26. 2024-06-22
    listed $165,000 Active
27. 2024-05-16
    soldstatus $90,000
28. 2024-05-03
    soldstatus $95,000 Closed
29. 2024-04-18
    status Pending
30. 2024-04-02
    listed $84,900 Active
31. 2023-07-26
    soldstatus $66,000
32. 2022-12-16
    historical
33. 2022-09-16
    listed $69,990 Active
34. 2017-01-17
    soldstatus $11,500
35. 2017-01-17
    soldstatus $11,500 Sold
36. 2017-01-16
    status Under Contract
37. 2016-12-26
    historical
38. 2016-11-22
    price $12,999
39. 2016-11-06
    price $15,000
40. 2016-10-17
    listed $19,500 Active
41. 2016-10-17
    listed $12,999
42. 2015-04-30
    historical
43. 2014-07-27
    listed $15,000
44. 2005-05-03
    soldstatus $40,000
45. 2005-02-08
    listed $40,000
46. 2000-11-14
    soldstatus $9,000
47. 2000-06-15
    listed $9,000
48. 1998-05-05
    soldstatus $32,500
49. 1984-05-01
    soldstatus $18,550

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

Tax reassessment forecast NJ · Partial reset (capped growth)

• Current annual tax: $1,250 · $104/mo
• Projected year-2 tax: $2,604 · $217/mo
• Expected delta: +$1,355/yr (+$113/mo · 108.4%)

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

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 7/10 Severe 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 · 6 by 30 yrs out

Taxation est. · year 1

• Rental income: $22,051
• − Mortgage interest: −$8,906
• − Property taxes: −$1,250
• − Insurance: −$795
• − Repairs & maintenance: −$1,764
• − Management: −$1,764
• − Depreciation: −$4,625
• Taxable income: $2,946
• Est. tax owed @ 24.0%: −$707
• After-tax cash flow: $4,663/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: Camden City School District
• NCES district ID: 3402640
• Math proficiency: 3% ▼ -6.00%
• Reading proficiency: 16% ▬ 0.00%
• Median HH income: $25,845
• Composite: 6.85/100
• National rank: #9981
• State rank: #472 of 472 in NJ

Livability — Camden

• Score: 70/100
• State rank: #262
• US rank: #7721

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Camden, NJ
• City population: 20,865
• Population (ZIP): 21,508

Population outlook (Camden County) Hauer SSP2

• Today (2025): 507,964 people
• By 2030: 502,182 · -1.1%
• By 2040: 485,602 · -4.4%
• By 2050: 465,630 · -8.3%
• By 2075: 419,986 · -17.3%
• By 2100: 369,492 · -27.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.56)
• Race & ethnicity: Black 53% Hispanic / Latino 40% Two or more races 9% White 2% Asian 1%
• Hispanic origin (detail): Mexican 2% Puerto Rican 22% Cuban 2% Dominican 9%
• Common ancestry: Hispanic 2%
• Foreign-born: 9% · Canada, Vietnam
• Languages at home: 69% English-only · Spanish 29% Vietnamese 1%

Political lean MEDSL · Camden

• 2024 margin: Strong D (+27.4) · D 63.0% · R 35.5% · Other 1.5%
• 2008→2024 swing: -8.8pp toward R · 2008: 36.2pp · 2024: 27.4pp
• All cycles: 2024: D+27.4 2020: D+33.5 2016: D+32.4 2012: D+36.6 2008: D+36.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -123.43%
• Current HPI: 209.3596
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 2.05%
• F500 in state: 34

Industry mix (Fortune 500 HQ in NJ)

Industry	F500 HQs	Revenue
▸Consumer Goods	3	$31B
▸Pharmaceuticals	2	$153B
▸Technology	2	$21B
▸Insurance	2	$20B
▸Healthcare	2	$19B
▸Financial Services	1	$70B

Price history

+811.1% since first listed

34 events — show timeline

• 2026-04-09 Listed $169,000 BRIGHT MLS
• 2025-06-04 Listing Removed — BRIGHT MLS
• 2025-04-30 Listed $165,000 BRIGHT MLS
• 2025-02-20 Listing Removed — BRIGHT MLS
• 2025-01-28 Listed $155,000 BRIGHT MLS
• 2024-08-13 Listing Removed — BRIGHT MLS
• 2024-06-23 Relisted — BRIGHT MLS
• 2024-06-23 Listing Removed — BRIGHT MLS
• 2024-06-23 Listing Removed — BRIGHT MLS
• 2024-06-23 Listed $165,000 BRIGHT MLS
• 2024-06-22 Listed $165,000 BRIGHT MLS
• 2024-05-16 Sold (Public Records) $90,000 Public Records
• 2024-05-03 Sold (MLS) $95,000 BRIGHT MLS
• 2024-04-18 Pending — BRIGHT MLS
• 2024-04-02 Listed $84,900 BRIGHT MLS
• 2023-07-26 Sold (Public Records) $66,000 Public Records
• 2022-12-16 Listing Removed — BRIGHT MLS
• 2022-09-16 Listed $69,990 BRIGHT MLS
• 2017-01-17 Sold (MLS) $11,500 TREND
• 2017-01-17 Sold (MLS) $11,500 BRIGHT MLS
• 2017-01-16 Pending — TREND
• 2016-12-26 Listing Removed — BRIGHT MLS
• 2016-11-22 Price Changed $12,999 TREND
• 2016-11-06 Price Changed $15,000 TREND
• 2016-10-17 Listed $19,500 TREND
• 2016-10-17 Listed $12,999 BRIGHT MLS
• 2015-04-30 Listing Removed — BRIGHT MLS
• 2014-07-27 Listed $15,000 BRIGHT MLS
• 2005-05-03 Sold (MLS) $40,000 BRIGHT MLS
• 2005-02-08 Listed $40,000 BRIGHT MLS
• 2000-11-14 Sold (MLS) $9,000 BRIGHT MLS
• 2000-06-15 Listed $9,000 BRIGHT MLS
• 1998-05-05 Sold (Public Records) $32,500 Public Records
• 1984-05-01 Sold (Public Records) $18,550 Public Records

Property tax history

+0.2%/yr

Latest (2025): $1,250 · +4.1% YoY. Source: county tax records.