5224 Marlton Pike #63 · Golden Triangle, NJ 08109

$95,000

2 bd · 1.0 ba · 616 sqft · SingleFamily · 349 Days on market

Built 1984 Good condition 616 sqft lot

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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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Livability +4.2/5.0
• Condition / age +3.8/5.0
• Rent growth +2.5/5.0
• Schools +2.0/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

This beautiful updated mobile home offers an open kitchen/ living room layout creates a comfortable living space. Offers refrigerator, gas stove, washer and electric dryer for comfort and convenience. This seller has thoughtfully upgraded this mobile home enhancing it with fresh paint and new wall base planks for a clean modern look. Beautiful new vinyl flooring has been throughout adding durability and style. The bathroom has been completely remodeled with new toilet, vanity and tub. New propane heater was installed to ensure year-round comfort. This mobile home is move in-ready and offers a blend of practicality and charm. Don't miss your opportunity to make this beautifully updated mobile home your own!

Key facts

• Fresh paint
• Upgraded mobile home
• New wall base planks

Tags

• UPGRADED MOBILE HOME
• FRESH PAINT
• NEW WALL BASE PLANKS
• NEW VINYL FLOORING
• COMPLETELY REMODELED BATHROOM
• NEW TOILET

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $95k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $690 ($8k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $95k).
• Recommended offer: $84k (12.0% below list) — sets the bar for market timing.
• Cap rate 15.0% vs local median 5.0% in Golden Triangle — 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 85/100 on livability (#20 in NJ, #552 nationally) — a professional / high-income tenant draw. Strengths: crime A+, amenities A+, commute A+; Watch: cost of living F.
• Pennsauken Township Board Of Education School District (suburban): math 12% / reading 32% proficiency, ranked #410 of 472 in NJ (top 87%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Zoned schools: Roosevelt Science Technology Engineering And Mathematics (St (136 students, 33% FRL); Howard M. Phifer Middle School (math 14% / reading 37%, grade F, #359 of 431 statewide, top 84%, 1,045 students, 43% FRL); Pennsauken High School (math 8% / reading 45%, grade F, #319 of 399 statewide, top 80%, 1,530 students, 37% FRL) — zoned schools average 38% FRL vs 56% district-wide (18 pts lower); this property's tenant base skews higher-income than the district average.
• Market conditions: 77 active listings in the ZIP; 9 comparable units currently listed for rent nearby; rentals at typical pace (median 23d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 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 $657 of loan paydown is wiped out by about $3k 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 $27k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

• It's been on market 349 days — a 12% lower offer ($84k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 3y 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 $68k; 40% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 39% 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 $83,600 (12.0% below list)

Questions for the listing agent

1. It's been on market 349 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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.
6. 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.
7. 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: 1.79% ✓
• Cap rate: 15.01%
• Cash-on-cash: 31.12%
• DSCR: 2.38
• GRM: 4.6

CMA / ARV

• ARV (on-the-fly): $54,824
• Comps found: 1

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
5224 Marlton Pike #68	0.00mi	1/1.0 (-1)	564 (-8%)	6mo	$50,000	$89	76

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: 25.9%
• Equity multiple: 2.07×
• Total profit: $28,564
• Equity at exit: $14,165

10-year hold

• IRR: 33.6%
• Equity multiple: 4.07×
• Total profit: $81,547
• Equity at exit: $8,214

Cash invested: $26,600 (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 08109

• Active inventory: 77
• Price-to-rent: 4.6×

Monthly cashflow live

• Estimated rent: $1,704 high
• Mortgage (P&I): −$498
• Tax est. 1.5%: −$119 /mo · $1,425/yr
• Insurance: −$40
• HOA: −$0
• Vacancy / Maint / Mgmt: −$358
• Net cashflow: $690

Break-even live

Break-even rent $831

Max offer price $95,000

Occupancy floor 55%

Sensitivity live

Price	-10% $755	-5% $723	+0% $690	+5% $657	+10% $624
Rent	-10% $555	-5% $622	+0% $690	+5% $757	+10% $824
Rate	-1.0pp $738	-0.5pp $714	base $690	+0.5pp $665	+1.0pp $640

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: $23,750
• Closing costs: $2,850
• Reserves months: —
• Total cash needed: —

Rent comps 9 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
5105 N Park Dr Pennsauken, NJ	1.0	1.0	573	$1,642	$2.87	5d	5	0.32mi
2395 New Jersey Cherry Hill Township, NJ	3.0	1.0–3.0	1050	$2,770	$2.64	1d	15	0.44mi
219 S 29th St Camden, NJ	2.0	1.0	625	$1,250	$2.00	15d	4	1.07mi
693 Haddon Ave Collingswood, NJ	1.0	1.0	750	$2,200	$2.93	22d	1	1.14mi
116 Haddon Ave Collingswood, NJ	1.0	1.0	609	$1,525	$2.50	7d	1	1.21mi
116 Haddon Ave Collingswood, NJ	1.0	1.0	609	$1,525	$2.50	26d	1	1.21mi
1566 Bradley Ave Unit A Camden, NJ	2.0	1.0	640	$1,495	$2.34	26d	1	1.37mi
42 W Maple Ave Merchantville, NJ	1.0	1.0	654	$1,675	$2.56	26d	1	1.39mi
1538 Bradley Ave Unit B Camden, NJ	2.0	1.0	670	$1,195	$1.78	26d	1	1.42mi

Listing history 21 events

1. 2026-06-21
   days on market $95,000 Active 349 DOM
2. 2026-06-18
   days on market $95,000 Active 346 DOM
3. 2026-06-17
   days on market $95,000 Active 345 DOM
4. 2026-06-16
   days on market $95,000 Active 344 DOM
5. 2026-06-15
   days on market $95,000 Active 343 DOM
6. 2026-06-13
   days on market $95,000 Active 341 DOM
7. 2026-06-13
   days on market $95,000 Active 340 DOM
8. 2026-06-09
   days on market $95,000 Active 337 DOM
9. 2026-06-08
   days on market $95,000 Active 336 DOM
10. 2026-06-07
    days on market $95,000 Active 335 DOM
11. 2026-06-04
    days on market $95,000 Active 332 DOM
12. 2026-06-03
    days on market $95,000 Active 331 DOM
13. 2026-06-02
    days on market $95,000 Active 330 DOM
14. 2026-06-01
    days on market $95,000 Active 329 DOM
15. 2026-05-31
    days on market $95,000 Active 328 DOM
16. 2025-07-07
    listed $95,000 Active 715-char remark

    Show marketing remark (715 chars)

    This beautiful updated mobile home offers an open kitchen/ living room layout creates a comfortable living space. Offers refrigerator, gas stove, washer and electric dryer for comfort and convenience. This seller has thoughtfully upgraded this mobile home enhancing it with fresh paint and new wall base planks for a clean modern look. Beautiful new vinyl flooring has been throughout adding durability and style. The bathroom has been completely remodeled with new toilet, vanity and tub. New propane heater was installed to ensure year-round comfort. This mobile home is move in-ready and offers a blend of practicality and charm. Don't miss your opportunity to make this beautifully updated mobile home your own!

17. 2024-04-11
    soldstatus $68,000 Closed 1333-char remark

    Show marketing remark (1333 chars)

    NEW PRICE!! Making this home even more affordable. This beautifully updated mobile home offers a warm and inviting atmosphere from the moment you step inside. The open kitchen/living layout creates a comfortable living space, perfect for both relaxing and entertaining. The kitchen is a highlight, boasting new stainless-steel appliances, including a full-size refrigerator and range/oven. Ample cabinet space provides convenient storage, and the granite countertops add a touch of luxury to the overall aesthetic. Throughout the home, you'll find upgraded laminate plank and carpet flooring, ensuring both style and comfort. The attention to detail extends to the large, renovated bathroom, featuring a full-size tub, a new vanity with a mirror, and a washer/dryer hookup for added convenience. Situated on a corner lot, this home offers plenty of parking space for your vehicles. The $650/month land lease covers taxes, trash, water, and sewer, simplifying your monthly expenses. Plus, pets are welcome on a case-by-case basis, making it a pet-friendly environment. The location is ideal, with easy access to major highways, trendy new restaurants, shopping centers, and charming boutiques. Schedule your appointment today to experience the charm and convenience of this lovely home. Don't miss the opportunity to make it your own!

18. 2024-03-28
    status Pending 1333-char remark

    Show marketing remark (1333 chars)

    NEW PRICE!! Making this home even more affordable. This beautifully updated mobile home offers a warm and inviting atmosphere from the moment you step inside. The open kitchen/living layout creates a comfortable living space, perfect for both relaxing and entertaining. The kitchen is a highlight, boasting new stainless-steel appliances, including a full-size refrigerator and range/oven. Ample cabinet space provides convenient storage, and the granite countertops add a touch of luxury to the overall aesthetic. Throughout the home, you'll find upgraded laminate plank and carpet flooring, ensuring both style and comfort. The attention to detail extends to the large, renovated bathroom, featuring a full-size tub, a new vanity with a mirror, and a washer/dryer hookup for added convenience. Situated on a corner lot, this home offers plenty of parking space for your vehicles. The $650/month land lease covers taxes, trash, water, and sewer, simplifying your monthly expenses. Plus, pets are welcome on a case-by-case basis, making it a pet-friendly environment. The location is ideal, with easy access to major highways, trendy new restaurants, shopping centers, and charming boutiques. Schedule your appointment today to experience the charm and convenience of this lovely home. Don't miss the opportunity to make it your own!

19. 2024-02-14
    price $72,000 1333-char remark

    Show marketing remark (1333 chars)

    NEW PRICE!! Making this home even more affordable. This beautifully updated mobile home offers a warm and inviting atmosphere from the moment you step inside. The open kitchen/living layout creates a comfortable living space, perfect for both relaxing and entertaining. The kitchen is a highlight, boasting new stainless-steel appliances, including a full-size refrigerator and range/oven. Ample cabinet space provides convenient storage, and the granite countertops add a touch of luxury to the overall aesthetic. Throughout the home, you'll find upgraded laminate plank and carpet flooring, ensuring both style and comfort. The attention to detail extends to the large, renovated bathroom, featuring a full-size tub, a new vanity with a mirror, and a washer/dryer hookup for added convenience. Situated on a corner lot, this home offers plenty of parking space for your vehicles. The $650/month land lease covers taxes, trash, water, and sewer, simplifying your monthly expenses. Plus, pets are welcome on a case-by-case basis, making it a pet-friendly environment. The location is ideal, with easy access to major highways, trendy new restaurants, shopping centers, and charming boutiques. Schedule your appointment today to experience the charm and convenience of this lovely home. Don't miss the opportunity to make it your own!

20. 2024-02-11
    price $77,000 1333-char remark

    Show marketing remark (1333 chars)

    NEW PRICE!! Making this home even more affordable. This beautifully updated mobile home offers a warm and inviting atmosphere from the moment you step inside. The open kitchen/living layout creates a comfortable living space, perfect for both relaxing and entertaining. The kitchen is a highlight, boasting new stainless-steel appliances, including a full-size refrigerator and range/oven. Ample cabinet space provides convenient storage, and the granite countertops add a touch of luxury to the overall aesthetic. Throughout the home, you'll find upgraded laminate plank and carpet flooring, ensuring both style and comfort. The attention to detail extends to the large, renovated bathroom, featuring a full-size tub, a new vanity with a mirror, and a washer/dryer hookup for added convenience. Situated on a corner lot, this home offers plenty of parking space for your vehicles. The $650/month land lease covers taxes, trash, water, and sewer, simplifying your monthly expenses. Plus, pets are welcome on a case-by-case basis, making it a pet-friendly environment. The location is ideal, with easy access to major highways, trendy new restaurants, shopping centers, and charming boutiques. Schedule your appointment today to experience the charm and convenience of this lovely home. Don't miss the opportunity to make it your own!

21. 2023-12-04
    listed $80,000 Active 1333-char remark

    Show marketing remark (1333 chars)

    NEW PRICE!! Making this home even more affordable. This beautifully updated mobile home offers a warm and inviting atmosphere from the moment you step inside. The open kitchen/living layout creates a comfortable living space, perfect for both relaxing and entertaining. The kitchen is a highlight, boasting new stainless-steel appliances, including a full-size refrigerator and range/oven. Ample cabinet space provides convenient storage, and the granite countertops add a touch of luxury to the overall aesthetic. Throughout the home, you'll find upgraded laminate plank and carpet flooring, ensuring both style and comfort. The attention to detail extends to the large, renovated bathroom, featuring a full-size tub, a new vanity with a mirror, and a washer/dryer hookup for added convenience. Situated on a corner lot, this home offers plenty of parking space for your vehicles. The $650/month land lease covers taxes, trash, water, and sewer, simplifying your monthly expenses. Plus, pets are welcome on a case-by-case basis, making it a pet-friendly environment. The location is ideal, with easy access to major highways, trendy new restaurants, shopping centers, and charming boutiques. Schedule your appointment today to experience the charm and convenience of this lovely home. Don't miss the opportunity to make it your own!

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

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 ≥104°F today · 15 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 39% 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: $20,450
• − Mortgage interest: −$5,321
• − Property taxes: −$1,425
• − Insurance: −$475
• − Repairs & maintenance: −$1,636
• − Management: −$1,636
• − Depreciation: −$2,764
• Taxable income: $7,193
• Est. tax owed @ 24.0%: −$1,726
• After-tax cash flow: $6,551/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.

Condition & rehab AI · 12 photos

Good 75/100 Cosmetic rehab

This beautifully updated mobile home offers a move-in-ready living space with fresh paint, new flooring, and modern appliances. It's in good condition with no major repairs needed.

Value-add opportunities

• Resale painting the exterior — enhances curb appeal
• Both upgrading the HVAC system — improves comfort and energy efficiency
• Rental installing a security system — attracts renters looking for safety features

Renovation cost estimate screening

Value-add ROI direction

• Resale painting the exterior — enhances curb appeal ↑
• Both upgrading the HVAC system — improves comfort and energy efficiency ↑
• Rental installing a security system — attracts renters looking for safety features ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: Pennsauken Township Board Of Education School District
• NCES district ID: 3412870
• Math proficiency: 12% ▼ -16.00%
• Reading proficiency: 32% ▼ -3.00%
• Median HH income: $60,336
• Composite: 20.48/100
• National rank: #8573
• State rank: #410 of 472 in NJ

Livability — Golden Triangle

• Score: 85/100
• State rank: #20
• US rank: #552

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Camden County · 407,624 people
• Metro: Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
• Population (ZIP): 24,022
• Household income: $90,242
• Rent vs Own: 28.7% rent · 71.3% own
• Severe rent burden: 874.0

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: Highly diverse neighborhood (Simpson 0.72)
• Race & ethnicity: White 39% Hispanic / Latino 31% Black 18% Two or more races 11% Asian 9%
• Hispanic origin (detail): Puerto Rican 16% Dominican 6%
• Common ancestry: Romanian 5% Lithuanian 1% Subsaharan African 1%
• Foreign-born: 12% · Canada, Vietnam, China
• Languages at home: 72% English-only · Spanish 20% Vietnamese 4% Other Indo-European 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: ▼ -197.50%
• Current HPI: 331.3072
• Rent YoY: —
• Metro: Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
• 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

+18.8% since first listed

6 events — show timeline

• 2025-07-07 Listed $95,000 BRIGHT MLS
• 2024-04-11 Sold (MLS) $68,000 BRIGHT MLS
• 2024-03-28 Pending — BRIGHT MLS
• 2024-02-14 Price Changed $72,000 BRIGHT MLS
• 2024-02-11 Price Changed $77,000 BRIGHT MLS
• 2023-12-04 Listed $80,000 BRIGHT MLS