573 Line St · Camden, NJ 08103

$127,999

3 bd · 1.5 ba · 1,608 sqft · Townhouse public records · 26 Days on market

Built 1880 1,350 sqft lot Est $162k · 21% 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 +30.0/30.0
• ARV discount +15.0/15.0
• DSCR +10.0/10.0
• 1% rule +8.8/10.0
• Appreciation +3.8/10.0
• Livability +3.5/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +0.7/10.0

Listing remarks

This Colonial-style townhouse, built in 1880, presents a unique investment opportunity in a burgeoning neighborhood. With 1,608 square feet of potential, this property features three bedrooms and one and a half bathrooms, offering ample space for renovation and modernization. The full, unfinished basement provides additional square footage for expansion or storage, enhancing the property's value. Situated on a 0.03-acre lot, this interior row home is conveniently located less than a mile from public transportation, ensuring accessibility for future tenants. The property requires major rehabilitation, allowing investors to customize renovations to maximize rental income or resale value. With

Key facts

• Historic structure
• 0.03 acre lot
• Unfinished basement

Tags

• COLONIAL STYLE TOWNHOUSE
• UNFINISHED BASEMENT
• 0.03 ACRE LOT
• PUBLIC TRANSPORTATION ACCESS
• HISTORIC STRUCTURE
• BURGEONING NEIGHBORHOOD

Property features AI

Finance

• Financial info: Fee simple ownership; Property condition: below average, major rehab needed

Exterior

• Parking: Two off-street parking spaces; On-street parking available; Two total garage/parking spaces
• Utilities: Public water; Sewer available (no septic); Electric available; Natural gas available
• Home design: Interior townhouse/rowhouse; 3 total stories; Entry level: 1
• Construction: Brick construction; Block foundation; Flat roof; Year built per assessor
• Exterior features: Fenced; Dirt driveway; Not in a federal flood zone; Ground rent paid annually

Interior

• Bedrooms: Three bedrooms on the main level
• Flooring: Carpet; Laminate
• Bathrooms: One full bathroom; One half bathroom
• Heating & cooling: Forced air heating; Hot water heating; Natural gas available; Wall unit cooling; 150 amp electric service
• Interior features: Drywall and plaster walls; Building not winterized; Full unfinished basement
• Laundry & utility: Basement laundry; Natural gas hot water

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath townhouse listed at $128k.

Deal economics

• At list price, monthly cash flow is $562 ($7k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $128k).
• Recommended offer: $126k (1.5% below list) — sets the bar for market timing.
• Cap rate 11.6% 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: 64 active listings in the ZIP; 13 comparable units currently listed for rent nearby; rentals at typical pace (median 19d on market — plan ~3-4 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 1,018 units permitted in Camden County in 2024 (509 in 5+ unit buildings).
• At $1,764/mo this rent would consume 58% of the median local household income ($37k/yr) (locally 1141% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-2.4%/yr); year-one equity from $885 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 (-2.4% appreciation + 3.0% rent growth), your $36k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

• It's been on market 26 days — a 2% lower offer ($126k) is reasonable based on typical stale-listing flexibility.

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 $126,079 (1.5% below list)

Questions for the listing agent

1. Built in 1880 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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?
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: 1.38% ✓
• Cap rate: 11.56%
• Cash-on-cash: 18.80%
• DSCR: 1.84
• GRM: 6.0

CMA / ARV

• ARV (on-the-fly): $162,408
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
808 Haddon Ave	0.42mi	3/1.0	1,608 (0%)	10mo	$99,000	$62	70
323-1/2 Kaighn Ave	0.51mi	3/1.0	1,637 (+2%)	8mo	$33,000	$20	64
340 Chestnut St	0.44mi	4/1.0 (+1)	1,636 (+2%)	8mo	$165,000	$101	63
607 Berkley St	0.15mi	4/2.5 (+1)	1,770 (+10%)	8mo	$266,900	$151	60
1361 Park Blvd	0.74mi	4/1.5 (+1)	1,638 (+2%)	7mo	$235,000	$143	52
1371 Park Blvd	0.75mi	4/1.0 (+1)	1,598 (-1%)	7mo	$120,000	$75	51
910 Mechanic St	0.63mi	3/1.5	1,472 (-8%)	6mo	$115,000	$78	51
936 Mechanic St	0.66mi	3/1.0	1,408 (-12%)	1mo	$78,750	$56	46
1153 Cooper St	0.65mi	4/2.0 (+1)	1,410 (-12%)	2mo	$280,000	$199	41
933 Lansdowne Ave	0.71mi	3/1.0	1,372 (-15%)	1mo	$219,000	$160	39
1045 Mechanic St	0.68mi	3/2.0	1,408 (-12%)	8mo	$165,000	$117	39
1044 Princess Ave	0.67mi	3/1.0	1,369 (-15%)	9mo	$80,000	$58	34

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

Projected returns pro-forma

-2.36% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 12.5%
• Equity multiple: 1.52×
• Total profit: $18,493
• Equity at exit: $22,778

10-year hold

• IRR: 20.4%
• Equity multiple: 2.82×
• Total profit: $65,179
• Equity at exit: $17,516

Cash invested: $35,840 (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 08103

• Home prices YoY: -1.4%
• Active inventory: 64
• Price-to-rent: 6.0×

Monthly cashflow live

• Estimated rent: $1,764 high
• Mortgage (P&I): −$671
• Tax from tax record: −$108 /mo · $1,290/yr
• Insurance: −$53
• HOA: −$0
• Vacancy / Maint / Mgmt: −$370
• Net cashflow: $562

Break-even live

Break-even rent $1,053

Max offer price $127,999

Occupancy floor 63%

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: $32,000
• Closing costs: $3,840
• Reserves months: —
• Total cash needed: —

Rent comps 13 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
708 Royden St Camden, NJ	3.0	1.0	1113	$1,595	$1.43	17d	1	0.14mi
537 Newton Ave Camden, NJ	2.0	1.0	1092	$1,500	$1.37	18d	1	0.19mi
537 Newton Ave Camden, NJ	2.0	1.0	1092	$1,500	$1.37	12d	1	0.19mi
609 Henry St Camden, NJ	3.0	1.0	1290	$1,600	$1.24	24d	1	0.20mi
440 Henry St Camden, NJ	3.0	1.5	1224	$2,200	$1.80	24d	1	0.27mi
840 Haddon Ave Unit A Camden, NJ	2.0	1.0	2032	$1,725	$0.85	24d	1	0.46mi
457 Mechanic St Camden, NJ	3.0	2.0	1200	$1,950	$1.62	18d	1	0.53mi
1055 Kenwood Ave Camden, NJ	4.0	1.0	1088	$1,875	$1.72	24d	1	0.70mi
1502 S 9th St Camden, NJ	2.0	1.0	1050	$1,475	$1.40	19d	1	0.78mi
1509 Park Blvd Camden, NJ	1.0–2.0	1.0	1075	$1,650	$1.53	24d	1	0.84mi
1 Market St Camden, NJ	3.0	1.0–2.0	1190	$2,456	$2.06	1d	15	0.86mi
1455 Wildwood Ave Camden, NJ	3.0	1.5	1353	$1,900	$1.40	10d	1	0.87mi
1 Dock St Philadelphia, PA	3.0	1.0–3.5	1164	$10,341	$8.88	1d	18	1.48mi

Listing history 15 events

1. 2026-06-18
   days on market $127,999 Active 26 DOM
2. 2026-06-17
   days on market $127,999 Active 25 DOM
3. 2026-06-16
   days on market $127,999 Active 24 DOM
4. 2026-06-15
   days on market $127,999 Active 23 DOM
5. 2026-06-13
   days on market $127,999 Active 21 DOM
6. 2026-06-13
   days on market $127,999 Active 20 DOM
7. 2026-06-09
   days on market $127,999 Active 17 DOM
8. 2026-06-08
   days on market $127,999 Active 16 DOM
9. 2026-06-07
   days on market $127,999 Active 15 DOM
10. 2026-06-04
    days on market $127,999 Active 12 DOM
11. 2026-06-03
    days on market $127,999 Active 11 DOM
12. 2026-06-02
    days on market $127,999 Active 10 DOM
13. 2026-06-01
    days on market $127,999 Active 9 DOM
14. 2026-05-31
    days on market $127,999 Active 8 DOM
15. 2026-05-23
    listed $127,999 Active

ⓘ 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: $1,290 · $108/mo
• Projected year-2 tax: $2,239 · $187/mo
• Expected delta: +$948/yr (+$79/mo · 73.5%)

ⓘ 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: $21,170
• − Mortgage interest: −$7,170
• − Property taxes: −$1,290
• − Insurance: −$640
• − Repairs & maintenance: −$1,694
• − Management: −$1,694
• − Depreciation: −$3,724
• Taxable income: $4,959
• Est. tax owed @ 24.0%: −$1,190
• After-tax cash flow: $5,549/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
• County: Camden County · 407,624 people
• City population: 20,865
• Metro: Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
• Population (ZIP): 12,573
• Household income: $36,793
• Rent vs Own: 65.2% rent · 34.8% own
• Severe rent burden: 1141.0

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: Diverse neighborhood (Simpson 0.57)
• Race & ethnicity: Black 54% Hispanic / Latino 36% Two or more races 9% White 5% Asian 1%
• Hispanic origin (detail): Mexican 4% Puerto Rican 19% Dominican 4%
• Common ancestry: Hispanic 1%
• Foreign-born: 12% · Canada, Jamaica
• Languages at home: 75% English-only · Spanish 22% Tagalog/Filipino 2%

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: ▼ -2.36%
• Current HPI: 162.557
• 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

1 event — show timeline

• 2026-05-23 Listed $127,999 BRIGHT MLS

Property tax history

+4.0%/yr

Latest (2025): $1,290 · +4.1% YoY. Source: county tax records.