1622 Crosslynne Ave · Woodlynne, NJ 08107

$175,000

3 bd · 1.0 ba · 1,054 sqft · SingleFamily public records · 133 Days on market

Built 1928 1,411 sqft lot Est $217k · 19% 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 +15.9/30.0
• ARV discount +15.0/15.0
• 1% rule +5.3/10.0
• DSCR +4.9/10.0
• Livability +4.2/5.0
• Condition / age +2.5/5.0
• Rent growth +2.3/5.0
• Schools +1.5/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

PRICED TO SELL! 3-bedroom, 1-bath home conveniently located near major highways including I-676, I-295, and Route 130, and just minutes from Philadelphia. Close to shopping centers with easy access to daily amenities and commuting routes. This property offers a great opportunity for first-time buyers, investors, or anyone looking to add value. Don’t miss out on this affordable home with tons of potential.

Key facts

• Built 1928
• Listed 132 days

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $175k.

Deal economics

• At list price, monthly cash flow is $84 ($1k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $175k).
• Recommended offer: $154k (12.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 84/100 on livability (#27 in NJ, #751 nationally) — a professional / high-income tenant draw. Strengths: crime A+, amenities A+, commute A+.
• Woodlynne School District (suburban): math 11% / reading 25% proficiency, ranked #446 of 472 in NJ (top 94%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 78% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Woodlynne Boro Public School (math 11% / reading 25%, grade F, #1,049 of 1,303 statewide, top 81%, 383 students, 83% FRL).
• Market conditions: Rents soft (-0.8%/yr); 64 active listings in the ZIP; 27 comparable units currently listed for rent nearby; rentals at typical pace (median 24d 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 $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.

Negotiation context

• It's been on market 133 days — a 12% lower offer ($154k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $69k; list at $175k implies a 154% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1928 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major wind risk, 40% 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 $154,000 (12.0% below list)

Questions for the listing agent

1. It's been on market 133 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1928 — 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. 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.
7. 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.
8. 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: 1.03% ✓
• Cap rate: 6.87%
• Cash-on-cash: 2.07%
• DSCR: 1.09
• GRM: 8.1

CMA / ARV

• ARV (on-the-fly): $217,124
• Comps found: 9

Show comp detail 9 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
321 Linden Ave	0.37mi	3/1.0	1,092 (+4%)	9mo	$219,000	$201	69
301 Laurel Ave	0.52mi	3/1.0	1,104 (+5%)	2mo	$322,000	$292	66
211 Cypress Ave	0.46mi	2/1.0 (-1)	1,086 (+3%)	11mo	$308,000	$284	60
323 Evergreen Ave	0.45mi	3/1.0	1,163 (+10%)	10mo	$200,000	$172	53
1738 Tioga St	0.48mi	3/1.0	980 (-7%)	19mo	$70,000	$71	50
213 Cypress Ave	0.46mi	3/2.0	1,127 (+7%)	17mo	$294,500	$261	49
319 Laurel Ave	0.55mi	3/1.0	908 (-14%)	7mo	$187,000	$206	46
338 E Evergreen Ave	0.48mi	3/1.0	908 (-14%)	10mo	$283,000	$312	46
1443 Crestmont Ave	0.74mi	3/1.0	1,152 (+9%)	21mo	$178,000	$155	32

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 · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -16.7%
• Equity multiple: 0.43×
• Total profit: $-28,158
• Equity at exit: $26,093

10-year hold

• IRR: -16.1%
• Equity multiple: 0.23×
• Total profit: $-37,568
• Equity at exit: $15,131

Cash invested: $49,000 (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 08107

• Home prices YoY: -25.8%
• Rents YoY: -0.8%
• Active inventory: 64
• Price-to-rent: 8.1×

Monthly cashflow live

• Estimated rent: $1,801 high
• Mortgage (P&I): −$918
• Tax from tax record: −$348 /mo · $4,173/yr
• Insurance: −$73
• HOA: −$0
• Vacancy / Maint / Mgmt: −$378
• Net cashflow: $84

Break-even live

Break-even rent $1,694

Max offer price $175,000

Occupancy floor 90%

Sensitivity live

Price	-10% $183	-5% $134	+0% $84	+5% $35	+10% $-15
Rent	-10% $-58	-5% $13	+0% $84	+5% $155	+10% $227
Rate	-1.0pp $172	-0.5pp $129	base $84	+0.5pp $39	+1.0pp $-7

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: $43,750
• Closing costs: $5,250
• Reserves months: —
• Total cash needed: —

Rent comps 27 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
209 Cedar Ave Oaklyn, NJ	2.0	1.0	1400	$1,800	$1.29	7d	1	0.15mi
209 Cedar Ave Oaklyn, NJ	2.0	1.0	1400	$1,500	$1.07	18d	1	0.15mi
141 Cooper Ave Oaklyn, NJ	2.0	1.0	850	$1,725	$2.03	26d	1	0.27mi
145 Cooper Ave Unit 1N Woodlynne, NJ	2.0	1.0	850	$1,725	$2.03	20d	1	0.27mi
301 Champion Ave Oaklyn, NJ	2.0	1.0	661	$1,770	$2.68	6d	3	0.58mi
1220 Grant Ave Unit 2 Oaklyn, NJ	2.0	1.0	1000	$1,800	$1.80	22d	1	0.76mi
2892 N Constitution Rd Camden, NJ	3.0	1.0	1040	$2,000	$1.92	26d	1	0.76mi
2829 Idaho Rd Camden, NJ	3.0	1.5	1048	$1,700	$1.62	26d	1	0.80mi
1502 S 9th St Camden, NJ	2.0	1.0	1050	$1,475	$1.40	21d	1	0.82mi
1034 Collings Ave Oaklyn, NJ	2.0	1.0	1100	$1,750	$1.59	20d	1	0.85mi
430 Richey Ave Unit 1A Oaklyn, NJ	2.0	1.0	897	$2,100	$2.34	6d	1	0.89mi
3079 Alabama Rd Camden, NJ	2.0	1.0	832	$1,700	$2.04	26d	1	0.90mi
3132 Independence Rd Camden, NJ	3.0	1.5	1168	$1,595	$1.37	24d	1	0.95mi
1364 Kaighn Ave Camden, NJ	2.0	1.0	912	$1,485	$1.63	4d	1	0.97mi
225 Haddon Ave Collingswood, NJ	2.0	2.0	1219	$3,372	$2.76	0d	7	1.00mi
3255 Crescent Dr Unit 03-3220 Camden, NJ	2.0	1.0	700	$1,350	$1.93	26d	1	1.04mi
1021 Monitor Rd Camden, NJ	3.0	1.0	1012	$1,710	$1.69	26d	1	1.06mi
3136 Tuckahoe Rd Camden, NJ	2.0	1.0	800	$1,350	$1.69	26d	1	1.08mi
132 E Franklin Ave Unit A Collingswood, NJ	2.0	1.0	1000	$2,400	$2.40	26d	1	1.12mi
1759 S 4th St Unit B Camden, NJ	2.0	1.0	800	$1,500	$1.88	26d	1	1.13mi
1455 Wildwood Ave Camden, NJ	3.0	1.5	1353	$1,900	$1.40	12d	1	1.14mi
700 W Browning Rd Oaklyn, NJ	2.0	1.0	670	$1,867	$2.79	0d	45	1.14mi
1063 S Merrimac Rd Camden, NJ	4.0	1.0	1024	$1,900	$1.86	26d	1	1.15mi
1055 Kenwood Ave Camden, NJ	4.0	1.0	1088	$1,875	$1.72	26d	1	1.21mi
1509 Park Blvd Camden, NJ	1.0–2.0	1.0	1075	$1,650	$1.53	26d	1	1.29mi
457 Mechanic St Camden, NJ	3.0	2.0	1200	$1,950	$1.62	20d	1	1.29mi
17 W Madison Ave Unit B Collingswood, NJ	2.0	1.0	1400	$1,775	$1.27	26d	1	1.41mi

Listing history 20 events

1. 2026-06-21
   days on market $175,000 Active 133 DOM
2. 2026-06-18
   days on market $175,000 Active 130 DOM
3. 2026-06-17
   days on market $175,000 Active 129 DOM
4. 2026-06-16
   days on market $175,000 Active 128 DOM
5. 2026-06-15
   days on market $175,000 Active 127 DOM
6. 2026-06-13
   days on market $175,000 Active 125 DOM
7. 2026-06-13
   days on market $175,000 Active 124 DOM
8. 2026-06-09
   days on market $175,000 Active 121 DOM
9. 2026-06-08
   days on market $175,000 Active 120 DOM
10. 2026-06-07
    days on market $175,000 Active 119 DOM
11. 2026-06-04
    days on market $175,000 Active 116 DOM
12. 2026-06-03
    days on market $175,000 Active 115 DOM
13. 2026-06-02
    days on market $175,000 Active 114 DOM
14. 2026-06-01
    days on market $175,000 Active 113 DOM
15. 2026-05-31
    days on market $175,000 Active 112 DOM
16. 2026-04-01
    price $185,000 414-char remark

    Show marketing remark (414 chars)

    PRICED TO SELL! 3-bedroom, 1-bath home conveniently located near major highways including I-676, I-295, and Route 130, and just minutes from Philadelphia. Close to shopping centers with easy access to daily amenities and commuting routes. This property offers a great opportunity for first-time buyers, investors, or anyone looking to add value. Don’t miss out on this affordable home with tons of potential.

17. 2026-02-08
    listed $195,000 Active 414-char remark

    Show marketing remark (414 chars)

    PRICED TO SELL! 3-bedroom, 1-bath home conveniently located near major highways including I-676, I-295, and Route 130, and just minutes from Philadelphia. Close to shopping centers with easy access to daily amenities and commuting routes. This property offers a great opportunity for first-time buyers, investors, or anyone looking to add value. Don’t miss out on this affordable home with tons of potential.

18. 2023-10-04
    soldstatus $69,000
19. 2006-04-19
    soldstatus $69,000
20. 1997-05-20
    soldstatus $43,900

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

Tax reassessment forecast NJ · Partial reset (capped growth)

• Current annual tax: $4,173 · $348/mo
• Projected year-2 tax: $4,265 · $355/mo
• Expected delta: +$92/yr (+$8/mo · 2.2%)

ⓘ 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 40% 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: $21,611
• − Mortgage interest: −$9,803
• − Property taxes: −$4,173
• − Insurance: −$875
• − Repairs & maintenance: −$1,729
• − Management: −$1,729
• − Depreciation: −$5,091
• Taxable loss: −$1,789
• Est. tax savings @ 24.0%: +$429
• After-tax cash flow: $1,441/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: Woodlynne School District
• NCES district ID: 3418270
• Math proficiency: 11% ▼ -15.00%
• Reading proficiency: 25% ▼ -8.00%
• Median HH income: $42,385
• Composite: 15.47/100
• National rank: #9310
• State rank: #446 of 472 in NJ

Livability — Woodlynne

• Score: 84/100
• State rank: #27
• US rank: #751

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Woodlynne, NJ
• County: Camden County · 407,624 people
• Metro: Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
• Population (ZIP): 13,574
• Household income: $80,833
• Rent vs Own: 43.2% rent · 56.8% own
• Severe rent burden: 623.0

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 0.62)
• Race & ethnicity: White 56% Black 19% Hispanic / Latino 18% Two or more races 11% Asian 2%
• Hispanic origin (detail): Mexican 7% Puerto Rican 7% Cuban 1% Dominican 1%
• Common ancestry: Romanian 4% Subsaharan African 2% Scotch-Irish 1%
• Foreign-born: 10% · Canada, Vietnam
• Languages at home: 80% English-only · Spanish 14% Other Indo-European 2% French/Haitian/Cajun 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: ▼ -140.51%
• Current HPI: 403.2829
• Rent YoY: ▼ -0.75%
• 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

+321.4% since first listed

5 events — show timeline

• 2026-04-01 Price Changed $185,000 BRIGHT MLS
• 2026-02-08 Listed $195,000 BRIGHT MLS
• 2023-10-04 Sold (Public Records) $69,000 Public Records
• 2006-04-19 Sold (Public Records) $69,000 Public Records
• 1997-05-20 Sold (Public Records) $43,900 Public Records

Property tax history

+1.2%/yr

Latest (2025): $4,173 · +1.6% YoY. Source: county tax records.