40 Bellevue Ter · Collingswood, NJ 08108

$150,000

3 bd · 1.0 ba · 1,063 sqft · SingleFamily public records · 10 Days on market

Built 1928 1,124 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 +28.6/30.0
• DSCR +10.0/10.0
• 1% rule +9.9/10.0
• ARV discount +7.5/15.0
• Livability +4.0/5.0
• Schools +3.2/10.0
• Rent growth +2.6/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Calling all investors! This is the deal you have been waiting for! This is a great investment with access to Collingswood schools, Patco, and Our Lady of Lourdes Medical Center. Owner is selling this unit as part of a fantastic, 6 unit package, including 20, 32, 40, 45, 48 & 50 Bellevue Ter! Each 3 bedroom, 1 bathroom unit has new leases in place and brand new C/Os! We want serious inquiries! The numbers speak for themselves and a Proforma can be provided to seriously interested parties. Did I mention this package has a cap rate of 13.8! What are you waiting for? Schedule an appointment and make an offer! This is just too good to pass up!

Key facts

• Garage
• Built 1928
• Listed 10 days

Property features AI

Exterior

• Parking: Rear-entry attached garage (1 car)
• Utilities: Public water; Private sewer; Natural gas
• Home design: Interior townhouse/rowhouse; Frame construction
• Construction: Built (year estimated); Block foundation; Above-grade and below-grade structures
• Exterior features: No tidal water

Interior

• Bedrooms: Three bedrooms on the upper level
• Bathrooms: One full bathroom
• Heating & cooling: Forced air heating; Natural gas heating and hot water
• Interior features: Full basement

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $150k.

Deal economics

• At list price, monthly cash flow is $495 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $150k).
• Cap rate 10.3% vs local median 2.9% in Collingswood — 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 80/100 on livability (#81 in NJ, #1,941 nationally) — a professional / high-income tenant draw. Strengths: schools A+, commute A, housing A; Watch: cost of living F.
• Collingswood Public School District (suburban): math 17% / reading 56% proficiency, ranked #269 of 472 in NJ (top 57%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents flat; 81 active listings in the ZIP; 29 comparable units currently listed for rent nearby; rentals at typical pace (median 20d 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 $1k of loan paydown is wiped out by about $4k 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.

Negotiation context

• Only 10 days on market — expect competitive offers; lowballing is unlikely to land.
• 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.

Risks & watch-outs

• Watch-outs: property tax is 3.3% of price; built in 1928 — expect roof / HVAC / electrical / plumbing capex.
• 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 $150,000

Questions for the listing agent

1. Built in 1928 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
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: 1.49% ✓
• Cap rate: 10.25%
• Cash-on-cash: 14.14%
• DSCR: 1.63
• GRM: 5.6

CMA / ARV

• ARV (on-the-fly): $301,892
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
138 E Wayne Ter	0.31mi	3/1.0	1,048 (-1%)	2mo	$315,000	$301	81
301 Laurel Ave	0.42mi	3/1.0	1,104 (+4%)	2mo	$322,000	$292	72
19 Merion Ter	0.08mi	2/1.0 (-1)	1,000 (-6%)	13mo	$350,000	$350	71
10 Merion Ter	0.10mi	3/1.0	1,152 (+8%)	16mo	$310,000	$269	68
211 Cypress Ave	0.37mi	2/1.0 (-1)	1,086 (+2%)	10mo	$308,000	$284	65
22 W Crescent Blvd	0.06mi	3/1.0	1,192 (+12%)	15mo	$200,140	$168	65
321 Linden Ave	0.58mi	3/1.0	1,092 (+3%)	9mo	$219,000	$201	61
213 Cypress Ave	0.38mi	3/2.0	1,127 (+6%)	17mo	$294,500	$261	54
22 E Zane Ave	0.64mi	3/1.5	1,100 (+4%)	11mo	$385,000	$350	53
323 Evergreen Ave	0.52mi	3/1.0	1,163 (+9%)	10mo	$200,000	$172	52
319 Laurel Ave	0.50mi	3/1.0	908 (-15%)	7mo	$187,000	$206	47
338 E Evergreen Ave	0.53mi	3/1.0	908 (-15%)	10mo	$283,000	$312	42

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 · 0.58% rent growth · sell at horizon

5-year hold

• IRR: 1.3%
• Equity multiple: 1.05×
• Total profit: $2,097
• Equity at exit: $22,365

10-year hold

• IRR: 8.0%
• Equity multiple: 1.53×
• Total profit: $22,413
• Equity at exit: $12,969

Cash invested: $42,000 (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 08108

• Rents YoY: 0.6%
• Active inventory: 81
• Price-to-rent: 5.6×

Monthly cashflow live

• Estimated rent: $2,230 high
• Mortgage (P&I): −$787
• Tax from tax record: −$417 /mo · $5,009/yr
• Insurance: −$62
• HOA: −$0
• Vacancy / Maint / Mgmt: −$468
• Net cashflow: $495

Break-even live

Break-even rent $1,603

Max offer price $150,000

Occupancy floor 73%

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: $37,500
• Closing costs: $4,500
• Reserves months: —
• Total cash needed: —

Rent comps 29 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
225 Haddon Ave Collingswood, NJ	2.0	2.0	1211	$3,372	$2.78	1d	6	0.28mi
132 E Franklin Ave Unit A Collingswood, NJ	2.0	1.0	1000	$2,400	$2.40	24d	1	0.40mi
141 Cooper Ave Oaklyn, NJ	2.0	1.0	850	$1,725	$2.03	24d	1	0.46mi
145 Cooper Ave Unit 1N Woodlynne, NJ	2.0	1.0	850	$1,725	$2.03	18d	1	0.46mi
209 Cedar Ave Oaklyn, NJ	2.0	1.0	1400	$1,500	$1.07	16d	1	0.62mi
209 Cedar Ave Oaklyn, NJ	2.0	1.0	1400	$1,800	$1.29	5d	1	0.62mi
430 Richey Ave Unit 1A Oaklyn, NJ	2.0	1.0	897	$2,100	$2.34	4d	1	0.63mi
301 Champion Ave Oaklyn, NJ	2.0	1.0	661	$1,770	$2.68	4d	3	0.71mi
17 W Madison Ave Unit B Collingswood, NJ	2.0	1.0	1400	$1,775	$1.27	24d	1	0.76mi
700 W Browning Rd Oaklyn, NJ	1.0–2.0	1.0	739	$1,867	$2.53	1d	40	0.78mi
1034 Collings Ave Oaklyn, NJ	2.0	1.0	1100	$1,750	$1.59	18d	1	0.87mi
574 Haddon Ave Collingswood, NJ	2.0	1.0	1100	$1,800	$1.64	17d	1	0.87mi
595 N Atlantic Ave Collingswood, NJ	1.0–3.0	1.0–2.0	1305	$5,953	$4.56	1d	1	0.92mi
1220 Grant Ave Unit 2 Oaklyn, NJ	2.0	1.0	1000	$1,800	$1.80	20d	1	1.00mi
1364 Kaighn Ave Camden, NJ	2.0	1.0	912	$1,485	$1.63	2d	1	1.01mi
1455 Wildwood Ave Camden, NJ	3.0	1.5	1353	$1,900	$1.40	10d	1	1.19mi
412 White Horse Pike Unit C Oaklyn, NJ	4.0	1.0	1000	$1,900	$1.90	24d	1	1.26mi
2892 N Constitution Rd Camden, NJ	3.0	1.0	1040	$2,000	$1.92	24d	1	1.27mi
30 Fern Ave Collingswood, NJ	2.0	2.0	1140	$3,210	$2.82	12d	1	1.28mi
1502 S 9th St Camden, NJ	2.0	1.0	1050	$1,475	$1.40	19d	1	1.29mi
1509 Park Blvd Camden, NJ	1.0–2.0	1.0	1075	$1,650	$1.53	24d	1	1.31mi
3255 Crescent Dr Unit 03-3220 Camden, NJ	2.0	1.0	700	$1,350	$1.93	24d	1	1.31mi
4137 Marlton Pike Pennsauken Township, NJ	2.0	1.0	900	$1,800	$2.00	24d	1	1.32mi
864 Haddon Ave Unit 2ND FLOOR Collingswood, NJ	2.0	1.0	1000	$2,400	$2.40	18d	1	1.32mi
1055 Kenwood Ave Camden, NJ	4.0	1.0	1088	$1,875	$1.72	24d	1	1.33mi
3132 Independence Rd Camden, NJ	3.0	1.5	1168	$1,595	$1.37	22d	1	1.34mi
3079 Alabama Rd Camden, NJ	2.0	1.0	832	$1,700	$2.04	24d	1	1.35mi
2829 Idaho Rd Camden, NJ	3.0	1.5	1048	$1,700	$1.62	24d	1	1.40mi
324 S 27th St Camden, NJ	3.0	1.0	1152	$1,900	$1.65	24d	1	1.48mi

Listing history 22 events

1. 2026-05-21
   status Pending
2. 2026-05-15
   soldstatus Closed
3. 2026-04-29
   status Pending
4. 2026-04-19
   listed $150,000 Active
5. 2021-05-17
   soldstatus $192,000
6. 2017-03-13
   soldstatus $215,000
7. 2017-02-28
   soldstatus $72,000 Sold 650-char remark

   Show marketing remark (652 chars)

   Calling all investors! This is the deal you have been waiting for! This is a great investment with access to Collingswood schools, Patco, and Our Lady of Lourdes Medical Center. Owner is selling this unit as part of a fantastic, 6 unit package, including 20, 32, 40, 45, 48 & 50 Bellevue Ter! Each 3 bedroom, 1 bathroom unit has new leases in place and brand new C/Os! We want serious inquiries! The numbers speak for themselves and a Proforma can be provided to seriously interested parties. Did I mention this package has a cap rate of 13.8! What are you waiting for? Schedule an appointment and make an offer! This is just too good to pass up!

8. 2017-02-28
   soldstatus $72,000 652-char remark

   Show marketing remark (652 chars)

   Calling all investors! This is the deal you have been waiting for! This is a great investment with access to Collingswood schools, Patco, and Our Lady of Lourdes Medical Center. Owner is selling this unit as part of a fantastic, 6 unit package, including 20, 32, 40, 45, 48 & 50 Bellevue Ter! Each 3 bedroom, 1 bathroom unit has new leases in place and brand new C/Os! We want serious inquiries! The numbers speak for themselves and a Proforma can be provided to seriously interested parties. Did I mention this package has a cap rate of 13.8! What are you waiting for? Schedule an appointment and make an offer! This is just too good to pass up!

9. 2017-02-27
   status Under Contract 650-char remark

   Show marketing remark (650 chars)

   Calling all investors! This is the deal you have been waiting for! This is a great investment with access to Collingswood schools, Patco, and Our Lady of Lourdes Medical Center. Owner is selling this unit as part of a fantastic, 6 unit package, including 20, 32, 40, 45, 48 & 50 Bellevue Ter! Each 3 bedroom, 1 bathroom unit has new leases in place and brand new C/Os! We want serious inquiries! The numbers speak for themselves and a Proforma can be provided to seriously interested parties. Did I mention this package has a cap rate of 13.8! What are you waiting for? Schedule an appointment and make an offer! This is just too good to pass up!

10. 2017-02-07
    listed $74,900 Active No-Show 650-char remark

    Show marketing remark (650 chars)

    Calling all investors! This is the deal you have been waiting for! This is a great investment with access to Collingswood schools, Patco, and Our Lady of Lourdes Medical Center. Owner is selling this unit as part of a fantastic, 6 unit package, including 20, 32, 40, 45, 48 & 50 Bellevue Ter! Each 3 bedroom, 1 bathroom unit has new leases in place and brand new C/Os! We want serious inquiries! The numbers speak for themselves and a Proforma can be provided to seriously interested parties. Did I mention this package has a cap rate of 13.8! What are you waiting for? Schedule an appointment and make an offer! This is just too good to pass up!

11. 2017-01-31
    listed $74,900 652-char remark

    Show marketing remark (652 chars)

    Calling all investors! This is the deal you have been waiting for! This is a great investment with access to Collingswood schools, Patco, and Our Lady of Lourdes Medical Center. Owner is selling this unit as part of a fantastic, 6 unit package, including 20, 32, 40, 45, 48 & 50 Bellevue Ter! Each 3 bedroom, 1 bathroom unit has new leases in place and brand new C/Os! We want serious inquiries! The numbers speak for themselves and a Proforma can be provided to seriously interested parties. Did I mention this package has a cap rate of 13.8! What are you waiting for? Schedule an appointment and make an offer! This is just too good to pass up!

12. 2015-11-16
    historical
13. 2015-05-15
    listed $94,000
14. 2005-09-20
    soldstatus $76,000
15. 2005-08-04
    listed $76,000
16. 2003-05-08
    soldstatus $50,000
17. 2002-09-03
    listed $50,000
18. 1989-07-10
    soldstatus $53,000
19. 1986-12-15
    soldstatus $42,000
20. 1984-11-01
    soldstatus $36,350
21. 1982-12-01
    soldstatus $32,000
22. 1978-07-01
    soldstatus $25,150

ⓘ 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: $5,009 · $417/mo
• Projected year-2 tax: $5,009 · $417/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 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: $26,758
• − Mortgage interest: −$8,402
• − Property taxes: −$5,009
• − Insurance: −$750
• − Repairs & maintenance: −$2,141
• − Management: −$2,141
• − Depreciation: −$4,364
• Taxable income: $3,952
• Est. tax owed @ 24.0%: −$948
• After-tax cash flow: $4,992/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: Collingswood Public School District
• NCES district ID: 3403420
• Math proficiency: 17% ▼ -28.00%
• Reading proficiency: 56% ▼ -2.00%
• Median HH income: $60,644
• Composite: 32.45/100
• National rank: #5720
• State rank: #269 of 472 in NJ

Livability — Collingswood

• Score: 80/100
• State rank: #81
• US rank: #1941

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Collingswood, NJ
• County: Camden County · 407,624 people
• City population: 32,228
• Metro: Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
• Population (ZIP): 18,654
• Household income: $108,151
• Rent vs Own: 36.3% rent · 63.7% own
• Severe rent burden: 583.0

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: Predominantly White (86%)
• Race & ethnicity: White 86% Two or more races 6% Hispanic / Latino 6% Black 2% Asian 2%
• Hispanic origin (detail): Puerto Rican 3%
• Common ancestry: Romanian 7% Scotch-Irish 4% Serbian 2%
• Foreign-born: 5% · Canada, China, South Korea
• Languages at home: 92% English-only · Spanish 3% Russian/Polish/Slavic 1% 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: ▼ -354.96%
• Current HPI: 472.8599
• Rent YoY: ▲ 0.58%
• 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

+496.4% since first listed

22 events — show timeline

• 2026-05-21 Pending — BRIGHT MLS
• 2026-05-15 Sold (MLS) — BRIGHT MLS
• 2026-04-29 Pending — BRIGHT MLS
• 2026-04-19 Listed $150,000 BRIGHT MLS
• 2021-05-17 Sold (Public Records) $192,000 Public Records
• 2017-03-13 Sold (Public Records) $215,000 Public Records
• 2017-02-28 Sold (MLS) $72,000 BRIGHT MLS
• 2017-02-28 Sold (MLS) $72,000 TREND
• 2017-02-27 Pending — TREND
• 2017-02-07 Listed $74,900 TREND
• 2017-01-31 Listed $74,900 BRIGHT MLS
• 2015-11-16 Listing Removed — BRIGHT MLS
• 2015-05-15 Listed $94,000 BRIGHT MLS
• 2005-09-20 Sold (MLS) $76,000 BRIGHT MLS
• 2005-08-04 Listed $76,000 BRIGHT MLS
• 2003-05-08 Sold (MLS) $50,000 BRIGHT MLS
• 2002-09-03 Listed $50,000 BRIGHT MLS
• 1989-07-10 Sold (Public Records) $53,000 Public Records
• 1986-12-15 Sold (Public Records) $42,000 Public Records
• 1984-11-01 Sold (Public Records) $36,350 Public Records
• 1982-12-01 Sold (Public Records) $32,000 Public Records
• 1978-07-01 Sold (Public Records) $25,150 Public Records

Property tax history

+4.4%/yr

Latest (2025): $5,009 · +87.7% YoY. Source: county tax records.