433 La Cascata Tnhs · Lindenwold, NJ 08021

$132,000

2 bd · 1.5 ba · 992 sqft · Townhouse public records · 11 Days on market

Built 1980 1,546 sqft lot Est $210k · 37% under $100/mo HOA · 5% of rent

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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 +28.3/30.0
• ARV discount +15.0/15.0
• DSCR +10.0/10.0
• 1% rule +9.0/10.0
• Livability +3.4/5.0
• Rent growth +3.3/5.0
• Schools +2.6/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

HUD Case#:351-422444 . Property sold "as-is" . Information from sources deemed reliable but not guaranteed. Buyer to verify all information.

Key facts

• La cascata community
• Walking areas
• $100 HOA

Tags

• LA CASCATA COMMUNITY
• CONVENIENT ACCESS TO SHOPPING
• COMMUNITY OPEN SPACES
• WALKING AREAS

Property features AI

Finance

• Other: Ground rent payment frequency: annually
• HOA & community: HOA includes outdoor pool; HOA fee $100 per month

Exterior

• Parking: Parking lot with 1 parking space
• Utilities: Public water; Public sewer; 100 Amp electric service; Electric hot water; Electric and natural gas available; Cable internet available
• Home design: Interior townhouse/rowhouse; Fee simple ownership; Below average property condition; Lot dimensions approximately 17 x 91
• Construction: Vinyl siding exterior; Slab foundation; Above-grade and below-grade structures noted; Year built per assessor
• Exterior features: Wood fencing; Community in-ground pool; Property managed by on-site/property manager; Not in a federal flood zone; Pets allowed on a case-by-case basis

Interior

• Kitchen: Electric oven/range; Refrigerator; Dishwasher
• Bedrooms: 2 bedrooms on the upper level
• Flooring: Carpet
• Bathrooms: 1 full bathroom on the upper level; 1 half bathroom on the main level
• Heating & cooling: Wall unit heating; Electric heating fuel; Electric cooling fuel
• Interior features: Carpeted interior; No basement
• Laundry & utility: Electric water heater

What this means for you Summary

Snapshot

• This is a 2-bed/1.5-bath townhouse listed at $132k.

Deal economics

• At list price, monthly cash flow is $423 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $132k).
• Cap rate 10.1% vs local median 5.4% in Lindenwold — 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 68/100 on livability (#312 in NJ) — a middle-class / working-renter tenant base. Strengths: housing A+, health & safety A, cost of living B; Watch: employment C-, crime D, amenities D-.
• Gloucester Township Public Schools (suburban): math 14% / reading 41% proficiency, ranked #351 of 472 in NJ (top 74%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Zoned schools: Loring Flemming Elementary School (math 12% / reading 33%, grade F, #934 of 1,303 statewide, top 72%, 679 students, 42% FRL); Glen Landing Middle School (math 16% / reading 42%, grade F, #321 of 431 statewide, top 77%, 790 students, 34% FRL).
• Market conditions: Rents rising (+3.0%/yr); 242 active listings in the ZIP; 16 comparable units currently listed for rent nearby; rentals leasing fast (median 13d on market — plan ~1-2 weeks tenant-placement turnaround); 1,018 units permitted in Camden County in 2024 (509 in 5+ unit buildings).
• This rent runs 33% of the median local income ($68k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $913 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.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $37k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

• Only 11 days on market — expect competitive offers; lowballing is unlikely to land.
• 4 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.
• Current owner paid $72k; list at $132k implies a 82% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 57% 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 $132,000

Questions for the listing agent

1. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
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 D 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: 1.40% ✓
• Cap rate: 10.14%
• Cash-on-cash: 13.73%
• DSCR: 1.61
• GRM: 6.0

CMA / ARV

• ARV (on-the-fly): $210,304
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
402 La Cascata Tnhs	0.08mi	2/1.5	992 (0%)	0mo	$250,000	$252	96
54 La Cascata Tnhs	0.11mi	2/1.5	1,016 (+2%)	0mo	$218,000	$215	91
86 La Cascata Tnhs	0.17mi	2/1.5	1,016 (+2%)	2mo	$215,000	$212	86
35 La Cascata Tnhs	0.16mi	2/1.5	1,016 (+2%)	3mo	$227,500	$224	86
113 La Cascata Tnhs	0.26mi	2/1.5	1,016 (+2%)	1mo	$175,000	$172	83
285 La Cascata	0.25mi	2/1.5	1,016 (+2%)	3mo	$223,510	$220	82
280 La Cascata Tnhs	0.25mi	2/1.5	1,016 (+2%)	3mo	$200,000	$197	82
124 La Cascata Tnhs	0.29mi	2/1.5	1,016 (+2%)	3mo	$205,000	$202	80
143 La Cascata Tnhs	0.35mi	2/1.5	1,016 (+2%)	2mo	$230,000	$226	78
1003 Timber Crk	0.44mi	2/1.0	992 (0%)	0mo	$107,000	$108	77
804 Timber Crk	0.45mi	2/1.0	992 (0%)	1mo	$160,000	$161	76
51 Chiswick Dr	0.73mi	3/1.5 (+1)	1,110 (+12%)	1mo	$140,000	$126	40

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 · 3.02% rent growth · sell at horizon

5-year hold

• IRR: 4.0%
• Equity multiple: 1.15×
• Total profit: $5,675
• Equity at exit: $19,682

10-year hold

• IRR: 13.6%
• Equity multiple: 2.09×
• Total profit: $40,184
• Equity at exit: $11,413

Cash invested: $36,960 (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 08021

• Home prices YoY: -31.6%
• Rents YoY: 3.0%
• Active inventory: 242
• Price-to-rent: 6.0×

Monthly cashflow live

• Estimated rent: $1,846 high
• Mortgage (P&I): −$692
• Tax from tax record: −$188 /mo · $2,256/yr
• Insurance: −$55
• HOA: −$100
• Vacancy / Maint / Mgmt: −$388
• Net cashflow: $423

Break-even live

Break-even rent $1,310

Max offer price $132,000

Occupancy floor 72%

Sensitivity live

Price	-10% $497	-5% $460	+0% $423	+5% $385	+10% $348
Rent	-10% $277	-5% $350	+0% $423	+5% $496	+10% $569
Rate	-1.0pp $489	-0.5pp $456	base $423	+0.5pp $389	+1.0pp $354

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: $33,000
• Closing costs: $3,960
• Reserves months: —
• Total cash needed: —

Rent comps 16 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
225 La Cascata Clementon, NJ	1.0	1.0	616	$1,575	$2.56	2d	1	0.20mi
1800 Laurel Rd Lindenwold, NJ	1.0–2.0	1.0–2.0	885	$2,072	$2.34	2d	22	0.24mi
1900 Laurel Rd Lindenwold, NJ	1.0–2.0	1.0	625	$1,650	$2.64	25d	1	0.26mi
1990 Laurel Rd Apt AK313 Lindenwold, NJ	1.0–2.0	1.0	691	$1,450	$2.10	13d	3	0.32mi
1600 Laurel Rd Lindenwold, NJ	1.0–2.0	1.0–1.5	900	$1,600	$1.78	25d	1	0.34mi
500 Chews Landing Rd Lindenwold, NJ	1.0–2.0	1.0	875	$1,750	$2.00	25d	1	0.57mi
1341 Blackwood Clementon Rd Clementon, NJ	1.0–2.0	1.0	925	$2,564	$2.77	2d	26	0.59mi
1801 Broadacres Dr Clementon, NJ	2.0	1.0–2.0	910	$2,032	$2.23	2d	8	0.64mi
51 Chiswick Dr Unit 1 Lindenwold, NJ	3.0	2.0	1110	$2,650	$2.39	2d	1	0.66mi
1109 Huntingdon Mews Clementon, NJ	2.0	2.0	946	$1,750	$1.85	16d	1	0.70mi
432 Highland Ests Clementon, NJ	1.0	1.0	827	$1,500	$1.81	13d	1	1.00mi
828 Blackwood Clementon Rd Pine Hill, NJ	1.0–2.0	1.0	734	$1,575	$2.15	23d	1	1.01mi
1200 Little Gloucester Rd Clementon, NJ	1.0–2.0	1.0	875	$3,100	$3.54	2d	1	1.05mi
105 Blackwood Clementon Rd Lindenwold, NJ	1.0–2.0	1.0	800	$1,600	$2.00	17d	1	1.17mi
1000 W Atlantic Ave Laurel Springs, NJ	1.0	1.0	740	$1,275	$1.72	6d	1	1.33mi
116 Blackwood Clementon Rd Clementon, NJ	1.0	1.0	610	$1,225	$2.01	6d	3	1.48mi

HOA detail

• Monthly dues: $100 · $1,200/yr

Listing history 11 events

1. 2026-05-14
   listed $132,000 Active
2. 2006-12-22
   soldstatus $72,500 150-char remark

   Show marketing remark (150 chars)

   HUD Case#:351-422444 . Property sold "as-is" . Information from sources deemed reliable but not guaranteed. Buyer to verify all information.

3. 2006-10-18
   historical 150-char remark

   Show marketing remark (150 chars)

   HUD Case#:351-422444 . Property sold "as-is" . Information from sources deemed reliable but not guaranteed. Buyer to verify all information.

4. 2006-04-30
   historical
5. 2006-04-07
   listed $72,500 150-char remark

   Show marketing remark (150 chars)

   HUD Case#:351-422444 . Property sold "as-is" . Information from sources deemed reliable but not guaranteed. Buyer to verify all information.

6. 2005-10-24
   listed $85,000
7. 2002-07-25
   soldstatus $46,000
8. 2002-06-07
   soldstatus $46,000
9. 2002-04-08
   listed $46,000
10. 1993-05-25
    soldstatus $54,500
11. 1987-06-15
    soldstatus $49,000

ⓘ 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: $2,256 · $188/mo
• Projected year-2 tax: $2,771 · $231/mo
• Expected delta: +$515/yr (+$43/mo · 22.8%)

ⓘ 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 3/10 Moderate
• 🌡 Heat 7/10 Severe 7 d/yr ≥103°F today · 15 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 57% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $22,146
• − Mortgage interest: −$7,394
• − Property taxes: −$2,256
• − Insurance: −$660
• − Repairs & maintenance: −$1,772
• − Management: −$1,772
• − HOA: −$1,200
• − Depreciation: −$3,840
• Taxable income: $3,253
• Est. tax owed @ 24.0%: −$781
• After-tax cash flow: $4,292/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: Gloucester Township Public Schools
• NCES district ID: 3406030
• Math proficiency: 14% ▼ -28.00%
• Reading proficiency: 41% ▼ -13.00%
• Median HH income: $72,539
• Composite: 26.18/100
• National rank: #7269
• State rank: #351 of 472 in NJ

Livability — Lindenwold

• Score: 68/100
• State rank: #312
• US rank: #9603

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Camden County · 407,624 people
• City population: 49,305
• Metro: Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
• Population (ZIP): 49,305
• Household income: $68,044
• Rent vs Own: 53.3% rent · 46.7% own
• Severe rent burden: 3050.0

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 0.69)
• Race & ethnicity: White 44% Black 27% Hispanic / Latino 20% Two or more races 11% Asian 3%
• Hispanic origin (detail): Mexican 4% Puerto Rican 6% Dominican 2%
• Common ancestry: Romanian 3% Lithuanian 1% Iranian 1%
• Foreign-born: 12% · Canada, China, Vietnam
• Languages at home: 81% English-only · Spanish 14% Chinese 1% Tagalog/Filipino 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: ▼ -156.73%
• Current HPI: 338.8351
• Rent YoY: ▲ 3.02%
• 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

+169.4% since first listed

11 events — show timeline

• 2026-05-14 Listed $132,000 BRIGHT MLS
• 2006-12-22 Sold (MLS) $72,500 BRIGHT MLS
• 2006-10-18 Listing Removed — BRIGHT MLS
• 2006-04-30 Listing Removed — BRIGHT MLS
• 2006-04-07 Listed $72,500 BRIGHT MLS
• 2005-10-24 Listed $85,000 BRIGHT MLS
• 2002-07-25 Sold (Public Records) $46,000 Public Records
• 2002-06-07 Sold (MLS) $46,000 BRIGHT MLS
• 2002-04-08 Listed $46,000 BRIGHT MLS
• 1993-05-25 Sold (Public Records) $54,500 Public Records
• 1987-06-15 Sold (Public Records) $49,000 Public Records

Property tax history

-0.5%/yr

Latest (2025): $2,256 · +2.1% YoY. Source: county tax records.