33 Windsor Mews · Cherry Hill, NJ 08002

$375,000

3 bd · 2.5 ba · 1,882 sqft · SingleFamily public records · 28 Days on market

Built 1980 $199/sqft · 16% below area Est $447k · 16% under $190/mo HOA · 6% of rent

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Why this score? — see what drove the D- 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).

• ARV discount +14.7/15.0
• Cash flow +7.7/30.0
• Schools +4.1/10.0
• 1% rule +3.4/10.0
• Rent growth +3.2/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• DSCR +1.8/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Rare opportunity to own a spacious 3 bedrooms, 2.5 baths end-unit townhome with a 2-car garage in the desirable Windsor Mews community of Cherry Hill Township. This impressive home offers the extra privacy and natural light that only an end-unit location can provide. The beautifully updated kitchen features granite countertops and generous workspace, making it ideal for everyday living and entertaining. Major exterior improvements include updated roof, siding, and windows, offering added value and peace of mind. The inviting living room is highlighted by a beautiful fireplace, creating a warm and comfortable gathering space. Overhead, a dramatic skylight in the center of the home allows natural light to cascade down 2 stories, adding brightness and architectural appeal. The primary suite includes a walk-in closet and an updated private bathroom with a walk-in shower. The laundry and utility area is exceptionally functional, offering abundant storage with extra cabinetry. Additional features include an almost-new A. O. Smith hot water heater and a highly desirable location close to shopping, dining, major highways, and everyday conveniences. A rare combination of size, updates, and location—this is one you won’t want to miss. * * Address for GPS also known as 33 Paine Place * *

Key facts

• Updated siding
• Updated windows
• Updated kitchen

Tags

• UPDATED KITCHEN
• GRANITE COUNTERTOPS
• MAJOR EXTERIOR IMPROVEMENTS
• UPDATED ROOF
• UPDATED SIDING
• UPDATED WINDOWS

What this means for you Summary

Snapshot

• This is a 3-bed/2.5-bath single-family listed at $375k.

Deal economics

• At list price, monthly cash flow is $-437 ($-5k/yr) — negative.
• To cash-flow at today's rent, offer at most $298k (20.6% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $316k (15.6% below list).
• Recommended offer: $298k (20.6% below list) — sets the bar for cash-flow.

Location & tenants

• Location reads: area grade D — affects rentability + tenant quality, not the cash-flow math above.
• Cherry Hill School District (suburban): math 27% / reading 59% proficiency, ranked #181 of 472 in NJ (top 38%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; only 14% free/reduced lunch — higher-income household profile.
• Market conditions: Rents rising (+2.9%/yr); 99 active listings in the ZIP; 12 comparable units currently listed for rent nearby; rentals leasing fast (median 11d on market — plan ~1-2 weeks tenant-placement turnaround); solid renter incomes; 1,018 units permitted in Camden County in 2024 (509 in 5+ unit buildings).
• This rent runs 38% of the median local income ($101k/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 $3k of loan paydown is wiped out by about $11k 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 28 days — a 2% lower offer ($369k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 29y 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 $185k; list at $375k implies a 103% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 51% chance of damaging wind over 30y; extreme-heat days projected 7→14/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $297,745 (20.6% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
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: 0.84% ✗
• Cap rate: 4.89%
• Cash-on-cash: -5.00%
• DSCR: 0.78
• GRM: 9.9

CMA / ARV

• ARV (median comp): $446,649
• List price: $375,000
• Delta: -16.04%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
306 Valley Run Dr	0.16mi	4/1.5 (+1)	1,834 (-3%)	1mo	$466,500	$254	78
313 Royal Oak Ave	0.35mi	4/2.5 (+1)	1,823 (-3%)	2mo	$450,000	$247	71
19 Orchid Ln	0.51mi	3/2.5	1,925 (+2%)	1mo	$475,000	$247	71
218 Maine Ave	0.40mi	3/1.5	1,820 (-3%)	2mo	$468,500	$257	71
205 Avon Rd	0.42mi	3/1.5	1,834 (-3%)	2mo	$485,000	$264	70
1009 Edgemoor Rd	0.54mi	4/2.5 (+1)	1,900 (+1%)	1mo	$635,000	$334	67
323 Brookline Ave	0.51mi	3/2.5	1,785 (-5%)	2mo	$492,000	$276	66
435 Valley Run Dr	0.38mi	3/1.5	1,741 (-8%)	2mo	$445,000	$256	64
2803 Chapel Ave W	0.49mi	3/1.5	2,001 (+6%)	3mo	$503,000	$251	60
116 Chapel Ave E	0.57mi	3/1.0	1,822 (-3%)	2mo	$375,000	$206	60
225 Drake Rd	0.43mi	3/1.5	1,681 (-11%)	3mo	$375,000	$223	56
138 Knollwood Dr	0.62mi	4/2.5 (+1)	2,052 (+9%)	2mo	$550,000	$268	50

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 · 2.9% rent growth · sell at horizon

5-year hold

• IRR: -24.8%
• Equity multiple: 0.16×
• Total profit: $-88,677
• Equity at exit: $55,914

10-year hold

• IRR: -20.7%
• Equity multiple: -0.08×
• Total profit: $-113,330
• Equity at exit: $32,423

Cash invested: $105,000 (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 08002

• Rents YoY: 2.9%
• Active inventory: 99
• Price-to-rent: 9.9×

Monthly cashflow live

• Estimated rent: $3,164 high
• Mortgage (P&I): −$1,967
• Tax from tax record: −$624 /mo · $7,493/yr
• Insurance: −$156
• HOA: −$190
• Vacancy / Maint / Mgmt: −$665
• Net cashflow: $-437

Break-even live

Break-even rent $3,718

Max offer price $297,745

Occupancy floor —

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: $93,750
• Closing costs: $11,250
• Reserves months: —
• Total cash needed: —

Rent comps 12 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3005 Chapel Ave W Cherry Hill, NJ	3.0	1.0–2.0	1015	$2,774	$2.73	2d	55	0.17mi
927 Edgemoor Rd Cherry Hill, NJ	4.0	2.0	1655	$3,800	$2.30	10d	1	0.52mi
715 Cooper Landing Rd Cherry Hill, NJ	3.0	2.0	1334	$3,100	$2.32	43d	1	0.80mi
747 Hedy Ave Cherry Hill, NJ	4.0	2.0	1888	$3,695	$1.96	5d	1	1.00mi
2904 Church Rd Cherry Hill, NJ	4.0	2.5	2044	$3,500	$1.71	22d	1	1.08mi
73 Greenvale Rd Cherry Hill, NJ	3.0	2.0	1848	$3,400	$1.84	1d	1	1.11mi
411 Chapel Ave E Cherry Hill, NJ	3.0	1.5	1569	$3,300	$2.10	12d	1	1.13mi
1910 Frontage Rd Cherry Hill, NJ	3.0	1.0–2.0	1070	$2,764	$2.58	19d	31	1.14mi
836 Cooper Landing Rd Cherry Hill, NJ	3.0	1.0–2.0	901	$2,915	$3.24	1d	18	1.21mi
415 Monmouth Dr Cherry Hill, NJ	4.0	2.5	2277	$3,750	$1.65	1d	1	1.27mi
1980 Route 70 W Cherry Hill, NJ	1.0–3.0	1.0–2.0	1043	$3,135	$3.01	1d	8	1.29mi
819 Mercer St Cherry Hill, NJ	3.0	2.0	1883	$3,200	$1.70	20d	1	1.42mi

HOA detail

• Monthly dues: $190 · $2,280/yr
• Likely covers: water

Listing history 14 events

1. 2026-05-14
   status Active 1314-char remark

   Show marketing remark (1314 chars)

   Rare opportunity to own a spacious 3 bedrooms, 2.5 baths end-unit townhome with a 2-car garage in the desirable Windsor Mews community of Cherry Hill Township. This impressive home offers the extra privacy and natural light that only an end-unit location can provide. The beautifully updated kitchen features granite countertops and generous workspace, making it ideal for everyday living and entertaining. Major exterior improvements include updated roof, siding, and windows, offering added value and peace of mind. The inviting living room is highlighted by a beautiful fireplace, creating a warm and comfortable gathering space. Overhead, a dramatic skylight in the center of the home allows natural light to cascade down 2 stories, adding brightness and architectural appeal. The primary suite includes a walk-in closet and an updated private bathroom with a walk-in shower. The laundry and utility area is exceptionally functional, offering abundant storage with extra cabinetry. Additional features include an almost-new A. O. Smith hot water heater and a highly desirable location close to shopping, dining, major highways, and everyday conveniences. A rare combination of size, updates, and location—this is one you won’t want to miss. * * Address for GPS also known as 33 Paine Place * *

2. 2026-05-14
   historical Active Under Contract 1314-char remark

   Show marketing remark (1314 chars)

   Rare opportunity to own a spacious 3 bedrooms, 2.5 baths end-unit townhome with a 2-car garage in the desirable Windsor Mews community of Cherry Hill Township. This impressive home offers the extra privacy and natural light that only an end-unit location can provide. The beautifully updated kitchen features granite countertops and generous workspace, making it ideal for everyday living and entertaining. Major exterior improvements include updated roof, siding, and windows, offering added value and peace of mind. The inviting living room is highlighted by a beautiful fireplace, creating a warm and comfortable gathering space. Overhead, a dramatic skylight in the center of the home allows natural light to cascade down 2 stories, adding brightness and architectural appeal. The primary suite includes a walk-in closet and an updated private bathroom with a walk-in shower. The laundry and utility area is exceptionally functional, offering abundant storage with extra cabinetry. Additional features include an almost-new A. O. Smith hot water heater and a highly desirable location close to shopping, dining, major highways, and everyday conveniences. A rare combination of size, updates, and location—this is one you won’t want to miss. * * Address for GPS also known as 33 Paine Place * *

3. 2026-04-22
   listed $375,000 Active 1314-char remark

   Show marketing remark (1314 chars)

   Rare opportunity to own a spacious 3 bedrooms, 2.5 baths end-unit townhome with a 2-car garage in the desirable Windsor Mews community of Cherry Hill Township. This impressive home offers the extra privacy and natural light that only an end-unit location can provide. The beautifully updated kitchen features granite countertops and generous workspace, making it ideal for everyday living and entertaining. Major exterior improvements include updated roof, siding, and windows, offering added value and peace of mind. The inviting living room is highlighted by a beautiful fireplace, creating a warm and comfortable gathering space. Overhead, a dramatic skylight in the center of the home allows natural light to cascade down 2 stories, adding brightness and architectural appeal. The primary suite includes a walk-in closet and an updated private bathroom with a walk-in shower. The laundry and utility area is exceptionally functional, offering abundant storage with extra cabinetry. Additional features include an almost-new A. O. Smith hot water heater and a highly desirable location close to shopping, dining, major highways, and everyday conveniences. A rare combination of size, updates, and location—this is one you won’t want to miss. * * Address for GPS also known as 33 Paine Place * *

4. 2004-09-23
   soldstatus $185,000
5. 2004-08-20
   soldstatus $185,000 293-char remark

   Show marketing remark (293 chars)

   Desirable End Unit, 2 Car Garage, Freshly Painted Throughout, New Dishwasher, New Roof, New W/ W Carpeting Throughout, Beautiful Stone Fireplace In Living Room, Cable & Satellite Wired. Many Upgrades, Immediate Occupancy. 2 Zoned Air Conditioning. Easy To Show Anytime. Priced To Sell!!!

6. 2004-07-26
   historical 293-char remark

   Show marketing remark (293 chars)

   Desirable End Unit, 2 Car Garage, Freshly Painted Throughout, New Dishwasher, New Roof, New W/ W Carpeting Throughout, Beautiful Stone Fireplace In Living Room, Cable & Satellite Wired. Many Upgrades, Immediate Occupancy. 2 Zoned Air Conditioning. Easy To Show Anytime. Priced To Sell!!!

7. 2004-05-25
   listed $185,000 293-char remark

   Show marketing remark (293 chars)

   Desirable End Unit, 2 Car Garage, Freshly Painted Throughout, New Dishwasher, New Roof, New W/ W Carpeting Throughout, Beautiful Stone Fireplace In Living Room, Cable & Satellite Wired. Many Upgrades, Immediate Occupancy. 2 Zoned Air Conditioning. Easy To Show Anytime. Priced To Sell!!!

8. 2003-09-20
   historical
9. 2003-09-20
   listed $149,900
10. 1998-09-10
    soldstatus $100,000
11. 1998-08-28
    soldstatus $100,000
12. 1998-08-12
    historical
13. 1997-12-20
    listed $100,000
14. 1994-09-07
    soldstatus $117,000

ⓘ 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: $7,493 · $624/mo
• Projected year-2 tax: $8,415 · $701/mo
• Expected delta: +$922/yr (+$77/mo · 12.3%)

ⓘ 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 ≥105°F today · 14 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 51% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 4 unhealthy d/yr today · 6 by 30 yrs out

Taxation est. · year 1

• Rental income: $37,973
• − Mortgage interest: −$21,006
• − Property taxes: −$7,493
• − Insurance: −$1,875
• − Repairs & maintenance: −$3,038
• − Management: −$3,038
• − HOA: −$2,280
• − Depreciation: −$10,909
• Taxable loss: −$11,666
• Est. tax savings @ 24.0%: +$2,800
• After-tax cash flow: $-2,448/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: Cherry Hill School District
• NCES district ID: 3403000
• Math proficiency: 27% ▼ -26.00%
• Reading proficiency: 59% ▼ -10.00%
• Median HH income: $90,394
• Composite: 40.71/100
• National rank: #3665
• State rank: #181 of 472 in NJ

Livability — Cherry Hill

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

• Census place: Ellisburg, NJ
• County: Camden County · 407,624 people
• City population: 76,725
• Metro: Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
• Population (ZIP): 24,015
• Household income: $100,951
• Rent vs Own: 32.0% rent · 68.0% own
• Severe rent burden: 430.0

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 0.56)
• Race & ethnicity: White 64% Hispanic / Latino 12% Asian 12% Black 8% Two or more races 7%
• Hispanic origin (detail): Puerto Rican 7% Dominican 1%
• Common ancestry: Romanian 8% Scotch-Irish 2% Italian 2%
• Foreign-born: 18% · Vietnam, Canada, China
• Languages at home: 73% English-only · Spanish 8% Russian/Polish/Slavic 4% Vietnamese 4%

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: ▼ -201.30%
• Current HPI: 358.1597
• Rent YoY: ▲ 2.90%
• 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

+220.5% since first listed

14 events — show timeline

• 2026-05-14 Relisted — BRIGHT MLS
• 2026-05-14 Contingent — BRIGHT MLS
• 2026-04-22 Listed $375,000 BRIGHT MLS
• 2004-09-23 Sold (Public Records) $185,000 Public Records
• 2004-08-20 Sold (MLS) $185,000 BRIGHT MLS
• 2004-07-26 Listing Removed — BRIGHT MLS
• 2004-05-25 Listed $185,000 BRIGHT MLS
• 2003-09-20 Listed $149,900 BRIGHT MLS
• 2003-09-20 Listing Removed — BRIGHT MLS
• 1998-09-10 Sold (Public Records) $100,000 Public Records
• 1998-08-28 Sold (MLS) $100,000 BRIGHT MLS
• 1998-08-12 Listing Removed — BRIGHT MLS
• 1997-12-20 Listed $100,000 BRIGHT MLS
• 1994-09-07 Sold (Public Records) $117,000 Public Records

Property tax history

+1.3%/yr

Latest (2025): $7,493 · +5.4% YoY. Source: county tax records.