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116 Oakridge Dr
D- Composite 35.31
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).

  • Appreciation +10.0/10.0
  • Cash flow +7.2/30.0
  • Schools +4.7/10.0
  • 1% rule +2.6/10.0
  • Rent growth +2.5/5.0
  • Livability +2.5/5.0
  • Condition / age +2.5/5.0
  • ARV discount +1.9/15.0
  • DSCR +1.4/10.0

$395,000

116 Oakridge Dr · Mount Royal, NJ 08061
3 bd · 2.5 ba · 1,612 sqft · Townhouse public records · 15 Days on market
Built 2010 0.29 ac lot Est $351k · 12% over $106/mo HOA · 4% of rent

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Beautiful, Open, Bright and Inviting describe how you feel when walking through the front door of this meticulously kept, smoke/pet free HOME! This stunning END UNIT townhouse is move-in ready and feels like new construction with all of the finishing touches. When entering, notice the rich laminate wood flooring throughout the main level. Entering the Foyer, you will be drawn to the open floor plan of the main level. The Kitchen, Dining and Living Room area is full of warm sunlight, inviting you to sit and stay a while. The Kitchen includes 42" cabinets, ample counter space including an Island with raised breakfast bar. The stairway leads you upstairs where you will find the entire level complete with new carpeting. The Master Suite includes a lovely sitting area, vaulted ceilings, large walk-in closet, custom-built additional closet and a beautiful bathroom with double vanity. Two adorable bedrooms with ample closet space and another bathroom are just down the hall from the master. A wonderful feature in this home is the laundry room on the second floor - talk about convenient! Don't forget the finished basement. This newly carpeted area could be a Family room, Game Room, Man Cave or whatever you can imagine. Security Cameras will stay for the new owner. No need to worry about lawn maintenance in the summer heat as the association cuts the grass and clears your property from snow in winter. This home also features an irrigation system, which is a unique find. This lot has a lot of yard area and don't miss the two playgrounds and dog park in the development. This home also includes a Radon system which will give the buyer added peace of mind. Local shopping and access to Route 295 makes Philadelphia or Wilmington an easy commute. This Stunning home has so many features to enjoy! * * No showings after 5pm on Sunday 6/12/22. Best and final offers due by 12:00pm on Monday 6/13/22

Key facts

  • $106 HOA
  • Garage
  • Built 2010

Property features AI

Finance

  • Other: Fee simple ownership; Not in a federal flood zone; Pets allowed with no pet restrictions
  • HOA & community: Monthly HOA fee of $106; HOA covers common area maintenance, lawn maintenance, snow removal and trash

Exterior

  • Parking: Attached garage with inside access and garage door opener (1 garage space); Driveway parking for 2 vehicles; Total of 3 garage/parking spaces
  • Utilities: Public water; Public sewer; Cable TV available
  • Home design: End-of-row townhouse; Entry level: 1; Built by Hovnanian; Excellent condition
  • Construction: Vinyl siding and stone exterior; Pitched shingle roof; Concrete perimeter foundation; Energy-efficient windows
  • Exterior features: Patio(s); Porch(es); Sidewalks; Street lights; Exterior lighting; Corner lot with front, rear and side yards

Interior

  • Kitchen: Oven (self-cleaning); Dishwasher; Disposal; Energy-efficient appliances; Compactor; Icemaker; Microwave
  • Bedrooms: Three bedrooms on the upper level
  • Flooring: Wood flooring; Carpet
  • Bathrooms: Two full bathrooms on the upper level; One half bathroom on the main level; Two full bathrooms total; One half bathroom total
  • Heating & cooling: Forced air heating (natural gas); Central air conditioning (natural gas); Natural gas hot water
  • Interior features: Master bath(s); Kitchen island; Butler's pantry; Sprinkler system; Breakfast area; Attic; Ceiling fans; Pantry; Recessed lighting; Walk-in closets; Window treatments; Sliding glass door; Cathedral ceilings; 9'+ ceilings
  • Laundry & utility: Washer; Gas dryer; Upper-floor laundry

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/2.5-bath townhouse listed at $395k.

Deal economics

  • At list price, monthly cash flow is $-541 ($-6k/yr) — negative.
  • To cash-flow at today's rent, offer at most $299k (24.2% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $300k (24.0% below list).
  • Recommended offer: $299k (24.2% 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.
  • East Greenwich Township School District (suburban): math 38% / reading 59% proficiency, ranked #119 of 472 in NJ (top 25%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; only 7% free/reduced lunch — higher-income household profile.
  • Zoned schools: Samuel Mickle School (math 38% / reading 59%, grade D, #294 of 1,303 statewide, top 23%, 726 students, 6% FRL); Kingsway Regional Middle School (math 27% / reading 55%, grade F, #188 of 431 statewide, top 44%, 954 students, 11% FRL); Kingsway Regional High School (math 31% / reading 51%, grade F, #180 of 399 statewide, top 46%, 1,947 students, 10% FRL) — zoned schools at 9% FRL track the district average.
  • Market conditions: 20 active listings in the ZIP; 1,047 units permitted in Gloucester County in 2024 (183 in 5+ unit buildings).

Forward outlook

  • In year one you build about $42k of equity ($3k loan paydown + $40k appreciation (10.0% local appreciation)).
  • Gloucester County population projected to shrink 5% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
  • By year 2, paydown + projected appreciation supports a ~$68k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

  • It's been on market 15 days — a 2% lower offer ($389k) is reasonable based on typical stale-listing flexibility.
  • 6 sale attempts since 16y 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 $290k; 36% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

  • 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 $299,384 (24.2% 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
0.76%
Cap rate
4.65%
Cash-on-cash
-5.87%
DSCR
0.74
GRM
11.0

CMA / ARV

ARV (on-the-fly)
$351,416
Comps found
12
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
116 Oakridge Dr 0.00mi 3/2.5 1,612 (0%) 0mo $400,000 $248 100
117 Oakridge Dr 0.03mi 3/2.5 1,612 (0%) 0mo $380,000 $236 98
105 Oakridge 0.04mi 3/2.5 1,620 (+0%) 1mo $390,000 $241 96
103 Oakridge Dr 0.05mi 3/2.5 1,749 (+8%) 4mo $390,000 $223 80
96 Eagleview Ter 0.09mi 3/2.5 1,741 (+8%) 8mo $380,000 $218 76
113 Eagleview Ter 0.08mi 2/2.5 (-1) 1,620 (+0%) 23mo $335,000 $207 71
428 Concetta Dr 0.52mi 3/3.0 1,616 (+0%) 12mo $375,000 $232 64
320 Cristaudo Ct 0.39mi 3/2.5 1,732 (+7%) 17mo $355,000 $205 55
340 Cristaudo Ct 0.38mi 3/2.5 1,720 (+7%) 20mo $310,000 $180 55
414 Concetta Dr 0.55mi 3/2.5 1,772 (+10%) 12mo $375,000 $212 48
420 Concetta Dr 0.53mi 3/3.0 1,776 (+10%) 12mo $370,000 $208 46
412 Concetta Dr 0.55mi 3/1.5 1,836 (+14%) 12mo $340,000 $185 37

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

Projected returns pro-forma

10.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold
IRR
20.1%
Equity multiple
2.63×
Total profit
$180,813
Equity at exit
$355,847
10-year hold
IRR
18.4%
Equity multiple
6.06×
Total profit
$559,888
Equity at exit
$767,398

Cash invested: $110,600 (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.

ZIP-level market 08061

Home prices YoY
4.5%
Active inventory
20
Price-to-rent
11.0×

Monthly cashflow live

Estimated rent
$3,003 medium interval (Pro) →
Mortgage (P&I)
$2,071
Tax from tax record
$572 /mo · $6,862/yr
Insurance
$165
HOA
$106
Vacancy / Maint / Mgmt
$631
Net cashflow
$-541

Break-even live

Break-even rent $3,688
Max offer price $299,384
Occupancy floor

Sensitivity live

Price -10% $-318 -5% $-429 +0% $-541 +5% $-653 +10% $-765
Rent -10% $-779 -5% $-660 +0% $-541 +5% $-423 +10% $-304
Rate -1.0pp $-342 -0.5pp $-441 base $-541 +0.5pp $-644 +1.0pp $-748

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
$98,750
Closing costs
$11,850
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

HOA detail

Monthly dues
$106 · $1,272/yr
Likely covers
landscapingsecurity

Listing history 20 events

  1. 2026-05-20
    status Pending
  2. 2026-05-04
    historical Active Under Contract
  3. 2026-04-20
    listed $395,000 Active
  4. 2026-04-17
    historical $395,000
  5. 2022-08-10
    soldstatus $290,000
  6. 2022-08-08
    soldstatus $290,000 Closed 1919-char remark
    Show marketing remark (1919 chars)

    Beautiful, Open, Bright and Inviting describe how you feel when walking through the front door of this meticulously kept, smoke/pet free HOME! This stunning END UNIT townhouse is move-in ready and feels like new construction with all of the finishing touches. When entering, notice the rich laminate wood flooring throughout the main level. Entering the Foyer, you will be drawn to the open floor plan of the main level. The Kitchen, Dining and Living Room area is full of warm sunlight, inviting you to sit and stay a while. The Kitchen includes 42" cabinets, ample counter space including an Island with raised breakfast bar. The stairway leads you upstairs where you will find the entire level complete with new carpeting. The Master Suite includes a lovely sitting area, vaulted ceilings, large walk-in closet, custom-built additional closet and a beautiful bathroom with double vanity. Two adorable bedrooms with ample closet space and another bathroom are just down the hall from the master. A wonderful feature in this home is the laundry room on the second floor - talk about convenient! Don't forget the finished basement. This newly carpeted area could be a Family room, Game Room, Man Cave or whatever you can imagine. Security Cameras will stay for the new owner. No need to worry about lawn maintenance in the summer heat as the association cuts the grass and clears your property from snow in winter. This home also features an irrigation system, which is a unique find. This lot has a lot of yard area and don't miss the two playgrounds and dog park in the development. This home also includes a Radon system which will give the buyer added peace of mind. Local shopping and access to Route 295 makes Philadelphia or Wilmington an easy commute. This Stunning home has so many features to enjoy! * * No showings after 5pm on Sunday 6/12/22. Best and final offers due by 12:00pm on Monday 6/13/22

  7. 2022-06-20
    status Pending 1919-char remark
    Show marketing remark (1919 chars)

    Beautiful, Open, Bright and Inviting describe how you feel when walking through the front door of this meticulously kept, smoke/pet free HOME! This stunning END UNIT townhouse is move-in ready and feels like new construction with all of the finishing touches. When entering, notice the rich laminate wood flooring throughout the main level. Entering the Foyer, you will be drawn to the open floor plan of the main level. The Kitchen, Dining and Living Room area is full of warm sunlight, inviting you to sit and stay a while. The Kitchen includes 42" cabinets, ample counter space including an Island with raised breakfast bar. The stairway leads you upstairs where you will find the entire level complete with new carpeting. The Master Suite includes a lovely sitting area, vaulted ceilings, large walk-in closet, custom-built additional closet and a beautiful bathroom with double vanity. Two adorable bedrooms with ample closet space and another bathroom are just down the hall from the master. A wonderful feature in this home is the laundry room on the second floor - talk about convenient! Don't forget the finished basement. This newly carpeted area could be a Family room, Game Room, Man Cave or whatever you can imagine. Security Cameras will stay for the new owner. No need to worry about lawn maintenance in the summer heat as the association cuts the grass and clears your property from snow in winter. This home also features an irrigation system, which is a unique find. This lot has a lot of yard area and don't miss the two playgrounds and dog park in the development. This home also includes a Radon system which will give the buyer added peace of mind. Local shopping and access to Route 295 makes Philadelphia or Wilmington an easy commute. This Stunning home has so many features to enjoy! * * No showings after 5pm on Sunday 6/12/22. Best and final offers due by 12:00pm on Monday 6/13/22

  8. 2022-06-09
    listed $270,000 Active 1919-char remark
    Show marketing remark (1919 chars)

    Beautiful, Open, Bright and Inviting describe how you feel when walking through the front door of this meticulously kept, smoke/pet free HOME! This stunning END UNIT townhouse is move-in ready and feels like new construction with all of the finishing touches. When entering, notice the rich laminate wood flooring throughout the main level. Entering the Foyer, you will be drawn to the open floor plan of the main level. The Kitchen, Dining and Living Room area is full of warm sunlight, inviting you to sit and stay a while. The Kitchen includes 42" cabinets, ample counter space including an Island with raised breakfast bar. The stairway leads you upstairs where you will find the entire level complete with new carpeting. The Master Suite includes a lovely sitting area, vaulted ceilings, large walk-in closet, custom-built additional closet and a beautiful bathroom with double vanity. Two adorable bedrooms with ample closet space and another bathroom are just down the hall from the master. A wonderful feature in this home is the laundry room on the second floor - talk about convenient! Don't forget the finished basement. This newly carpeted area could be a Family room, Game Room, Man Cave or whatever you can imagine. Security Cameras will stay for the new owner. No need to worry about lawn maintenance in the summer heat as the association cuts the grass and clears your property from snow in winter. This home also features an irrigation system, which is a unique find. This lot has a lot of yard area and don't miss the two playgrounds and dog park in the development. This home also includes a Radon system which will give the buyer added peace of mind. Local shopping and access to Route 295 makes Philadelphia or Wilmington an easy commute. This Stunning home has so many features to enjoy! * * No showings after 5pm on Sunday 6/12/22. Best and final offers due by 12:00pm on Monday 6/13/22

  9. 2015-07-29
    soldstatus $210,000
  10. 2015-07-20
    soldstatus $210,000 Sold 1675-char remark
    Show marketing remark (1675 chars)

    Beautiful, Open, Bright and Inviting describe how you feel when walking through the front door and know you are HOME! This stunning END UNIT townhouse is move-in ready and feels like new construction with all the finishing touches. Open the front door and immediately notice the rich laminate wood flooring throughout the main living level. Entering the Foyer you will be drawn to the open floor plan of the main level. The Kitchen, Dining and Living Rm area is full of warm sunlight, inviting you to sit and stay a while. The kitchen includes 42"cabinets, ample counter space including an Island with a raised Breakfast Bar. Upstairs, the Master Suite includes a lovely sitting area, vaulted ceilings, large walk-in closet and a beautiful bathroom with double vanity. Two adorable bedrooms with ample closet space and another bathroom are just down the hall from the master. A wonderful feature in this home is the Laundry Room on the second floor - talk about convenient! Don't forget the finished basement. This area could be a Fam Rm, Game Rm, the Man Cave or whatever you can imagine. Nest Thermostat and Security Cameras will stay for the new owner. No need to worry about lawn maintenance in the summer heat as the association cuts the grass. This home also features an irrigation system, which is a unique find. This lot has a lot of yard area and don't miss the two playgrounds in the development. The sellers also had a Radon System installed which will give the buyer added peace of mind. Convenient to Rt 295 and an easy commute to Philadelphia or Wilmington. This Stunning home has so many wonderful features. You won't regret the time spent here!

  11. 2015-07-20
    soldstatus $210,000
    Show marketing remark (1675 chars)

    Beautiful, Open, Bright and Inviting describe how you feel when walking through the front door and know you are HOME! This stunning END UNIT townhouse is move-in ready and feels like new construction with all the finishing touches. Open the front door and immediately notice the rich laminate wood flooring throughout the main living level. Entering the Foyer you will be drawn to the open floor plan of the main level. The Kitchen, Dining and Living Rm area is full of warm sunlight, inviting you to sit and stay a while. The kitchen includes 42"cabinets, ample counter space including an Island with a raised Breakfast Bar. Upstairs, the Master Suite includes a lovely sitting area, vaulted ceilings, large walk-in closet and a beautiful bathroom with double vanity. Two adorable bedrooms with ample closet space and another bathroom are just down the hall from the master. A wonderful feature in this home is the Laundry Room on the second floor - talk about convenient! Don't forget the finished basement. This area could be a Fam Rm, Game Rm, the Man Cave or whatever you can imagine. Nest Thermostat and Security Cameras will stay for the new owner. No need to worry about lawn maintenance in the summer heat as the association cuts the grass. This home also features an irrigation system, which is a unique find. This lot has a lot of yard area and don't miss the two playgrounds in the development. The sellers also had a Radon System installed which will give the buyer added peace of mind. Convenient to Rt 295 and an easy commute to Philadelphia or Wilmington. This Stunning home has so many wonderful features. You won't regret the time spent here!

  12. 2015-06-26
    status Under Contract 1675-char remark
    Show marketing remark (1675 chars)

    Beautiful, Open, Bright and Inviting describe how you feel when walking through the front door and know you are HOME! This stunning END UNIT townhouse is move-in ready and feels like new construction with all the finishing touches. Open the front door and immediately notice the rich laminate wood flooring throughout the main living level. Entering the Foyer you will be drawn to the open floor plan of the main level. The Kitchen, Dining and Living Rm area is full of warm sunlight, inviting you to sit and stay a while. The kitchen includes 42"cabinets, ample counter space including an Island with a raised Breakfast Bar. Upstairs, the Master Suite includes a lovely sitting area, vaulted ceilings, large walk-in closet and a beautiful bathroom with double vanity. Two adorable bedrooms with ample closet space and another bathroom are just down the hall from the master. A wonderful feature in this home is the Laundry Room on the second floor - talk about convenient! Don't forget the finished basement. This area could be a Fam Rm, Game Rm, the Man Cave or whatever you can imagine. Nest Thermostat and Security Cameras will stay for the new owner. No need to worry about lawn maintenance in the summer heat as the association cuts the grass. This home also features an irrigation system, which is a unique find. This lot has a lot of yard area and don't miss the two playgrounds in the development. The sellers also had a Radon System installed which will give the buyer added peace of mind. Convenient to Rt 295 and an easy commute to Philadelphia or Wilmington. This Stunning home has so many wonderful features. You won't regret the time spent here!

  13. 2015-06-19
    historical
  14. 2015-06-16
    listed $220,000 Active 1675-char remark
    Show marketing remark (1675 chars)

    Beautiful, Open, Bright and Inviting describe how you feel when walking through the front door and know you are HOME! This stunning END UNIT townhouse is move-in ready and feels like new construction with all the finishing touches. Open the front door and immediately notice the rich laminate wood flooring throughout the main living level. Entering the Foyer you will be drawn to the open floor plan of the main level. The Kitchen, Dining and Living Rm area is full of warm sunlight, inviting you to sit and stay a while. The kitchen includes 42"cabinets, ample counter space including an Island with a raised Breakfast Bar. Upstairs, the Master Suite includes a lovely sitting area, vaulted ceilings, large walk-in closet and a beautiful bathroom with double vanity. Two adorable bedrooms with ample closet space and another bathroom are just down the hall from the master. A wonderful feature in this home is the Laundry Room on the second floor - talk about convenient! Don't forget the finished basement. This area could be a Fam Rm, Game Rm, the Man Cave or whatever you can imagine. Nest Thermostat and Security Cameras will stay for the new owner. No need to worry about lawn maintenance in the summer heat as the association cuts the grass. This home also features an irrigation system, which is a unique find. This lot has a lot of yard area and don't miss the two playgrounds in the development. The sellers also had a Radon System installed which will give the buyer added peace of mind. Convenient to Rt 295 and an easy commute to Philadelphia or Wilmington. This Stunning home has so many wonderful features. You won't regret the time spent here!

  15. 2015-06-15
    listed $220,000
  16. 2010-06-07
    soldstatus $235,580
  17. 2010-06-07
    soldstatus $235,580
  18. 2010-04-24
    historical
  19. 2010-03-24
    listed $235,580
  20. 2010-03-24
    listed $235,580

ⓘ 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
$6,862 · $572/mo
Projected year-2 tax
$8,349 · $696/mo
Expected delta
+$1,487/yr (+$124/mo · 21.7%)

ⓘ 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 27% chance of damaging wind over 30 yrs
  • 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 5 by 30 yrs out

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$36,039
− Mortgage interest
−$22,126
− Property taxes
−$6,862
− Insurance
−$1,975
− Repairs & maintenance
−$2,883
− Management
−$2,883
− HOA
−$1,272
− Depreciation
−$11,491
Taxable loss
−$13,453
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$3,229
After-tax cash flow
$-3,266/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
East Greenwich Township School District
NCES district ID
3404140
Math proficiency
38% ▼ -27.00%
Reading proficiency
59% ▼ -12.00%
Median HH income
$106,820
Composite
46.89/100
National rank
#2367
State rank
#119 of 472 in NJ

Livability — Mount Royal

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

Census & demographics

Population (ZIP)
4,411

Population outlook (Gloucester County) Hauer SSP2

Today (2025)
298,895 people
By 2030
299,031 · +0.0%
By 2040
294,020 · -1.6%
By 2050
284,188 · -4.9%
By 2075
260,720 · -12.8%
By 2100
229,565 · -23.2%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (84%)
Race & ethnicity
White 84% Black 9% Two or more races 5% Hispanic / Latino 4% Asian 1%
Common ancestry
Romanian 7% English 2% Scotch-Irish 2%
Foreign-born
8%
Languages at home
84% English-only · Arabic 8% Spanish 3% Other Asian/Pacific 2%

Political lean MEDSL · Gloucester

2024 margin
Toss-up / Even · D 47.8% · R 50.6% · Other 1.6%
2008→2024 swing
-15.0pp toward R · 2008: 12.2pp · 2024: -2.8pp
All cycles
2024: R+2.8 2020: D+1.9 2016: R+0.4 2012: D+10.5 2008: D+12.2

Not yet ingested

Civics

Market trends

HPI YoY
▲ 12.30%
Current HPI
283.4103
Rent YoY
Metro
State GDP YoY
▲ 2.05%
F500 in state
34

Industry mix (Fortune 500 HQ in NJ)

Industry F500 HQs Revenue

Price history

+67.7% since first listed
20 events — show timeline
  • 2026-05-20 Pending BRIGHT MLS
  • 2026-05-04 Contingent BRIGHT MLS
  • 2026-04-20 Listed $395,000 BRIGHT MLS
  • 2026-04-17 Coming Soon $395,000 BRIGHT MLS
  • 2022-08-10 Sold (Public Records) $290,000 Public Records
  • 2022-08-08 Sold (MLS) $290,000 BRIGHT MLS
  • 2022-06-20 Pending BRIGHT MLS
  • 2022-06-09 Listed $270,000 BRIGHT MLS
  • 2015-07-29 Sold (Public Records) $210,000 Public Records
  • 2015-07-20 Sold (MLS) $210,000 BRIGHT MLS
  • 2015-07-20 Sold (MLS) $210,000 TREND
  • 2015-06-26 Pending TREND
  • 2015-06-19 Listing Removed BRIGHT MLS
  • 2015-06-16 Listed $220,000 TREND
  • 2015-06-15 Listed $220,000 BRIGHT MLS
  • 2010-06-07 Sold (MLS) $235,580 TREND
  • 2010-06-07 Sold (MLS) $235,580 BRIGHT MLS
  • 2010-04-24 Listing Removed BRIGHT MLS
  • 2010-03-24 Listed $235,580 TREND
  • 2010-03-24 Listed $235,580 BRIGHT MLS

Property tax history

+12.4%/yr

Latest (2025): $6,862 · +0.3% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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