1154 Lansdowne Ave · Camden, NJ 08104

$150,000

3 bd · 1.0 ba · 995 sqft · SingleFamily public records · 50 Days on market

Built 1913 938 sqft lot

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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 +26.1/30.0
• DSCR +8.8/10.0
• ARV discount +7.5/15.0
• 1% rule +6.0/10.0
• Livability +3.5/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +0.7/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

INVESTOR SPECIAL STRICLY AS IS ALL REPAIRS AND CO WILL BE RESPONSIBILTY OF BUYER CAN BE PURCHASED INDIVIDUALLY OR AS PART OF A BUNDLE OF 5 TOTAL PROPERTIES-CALL AGENT FOR BUNDLE PRICING NJCD2009472 NJCD2009476 NJCD2008474 NJCD2009470

Key facts

• Built 1913
• Listed 50 days

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $150k.

Deal economics

• At list price, monthly cash flow is $376 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $150k).
• Recommended offer: $146k (3.0% below list) — sets the bar for market timing.
• Cap rate 9.3% 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: 95 active listings in the ZIP; 18 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 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 $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.

Negotiation context

• It's been on market 50 days — a 3% lower offer ($146k) is reasonable based on typical stale-listing flexibility.
• 7 sale attempts since 19y 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 $67k; list at $150k implies a 125% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1913 — 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 $145,500 (3.0% below list)

Questions for the listing agent

1. It's been on market 50 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1913 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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?
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: 1.10% ✓
• Cap rate: 9.30%
• Cash-on-cash: 10.73%
• DSCR: 1.48
• GRM: 7.6

CMA / ARV

• ARV (on-the-fly): $70,645
• Comps found: 2

Show comp detail 2 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1218 Atlantic Ave	0.12mi	2/1.0 (-1)	910 (-8%)	10mo	$60,000	$66	67
1738 Tioga St	0.43mi	3/1.0	980 (-2%)	19mo	$70,000	$71	62

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -0.3%
• Equity multiple: 0.99×
• Total profit: $-420
• Equity at exit: $22,365

10-year hold

• IRR: 9.4%
• Equity multiple: 1.72×
• Total profit: $30,279
• Equity at exit: $12,969

Cash invested: $42,000 (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 08104

• Active inventory: 95
• Price-to-rent: 7.6×

Monthly cashflow live

• Estimated rent: $1,652 high
• Mortgage (P&I): −$787
• Tax from tax record: −$80 /mo · $966/yr
• Insurance: −$62
• HOA: −$0
• Vacancy / Maint / Mgmt: −$347
• Net cashflow: $376

Break-even live

Break-even rent $1,177

Max offer price $150,000

Occupancy floor 72%

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: $37,500
• Closing costs: $4,500
• Reserves months: —
• Total cash needed: —

Rent comps 18 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1502 S 9th St Camden, NJ	2.0	1.0	1050	$1,475	$1.40	19d	1	0.29mi
1364 Kaighn Ave Camden, NJ	2.0	1.0	912	$1,485	$1.63	3d	1	0.36mi
1055 Kenwood Ave Camden, NJ	4.0	1.0	1088	$1,875	$1.72	24d	1	0.43mi
1509 Park Blvd Camden, NJ	1.0–2.0	1.0	1075	$1,650	$1.53	24d	1	0.57mi
1538 Bradley Ave Unit B Camden, NJ	2.0	1.0	670	$1,195	$1.78	24d	1	0.63mi
1566 Bradley Ave Unit A Camden, NJ	2.0	1.0	640	$1,495	$2.34	24d	1	0.68mi
708 Royden St Camden, NJ	3.0	1.0	1113	$1,595	$1.43	17d	1	0.78mi
537 Newton Ave Camden, NJ	2.0	1.0	1092	$1,500	$1.37	18d	1	0.79mi
537 Newton Ave Camden, NJ	2.0	1.0	1092	$1,500	$1.37	13d	1	0.79mi
727 Berkley St Camden, NJ	2.0	1.5	1008	$1,660	$1.65	24d	1	0.84mi
141 Cooper Ave Oaklyn, NJ	2.0	1.0	850	$1,725	$2.03	24d	1	0.91mi
145 Cooper Ave Unit 1N Woodlynne, NJ	2.0	1.0	850	$1,725	$2.03	18d	1	0.92mi
1759 S 4th St Unit B Camden, NJ	2.0	1.0	800	$1,500	$1.88	24d	1	0.95mi
225 Haddon Ave Collingswood, NJ	2.0	2.0	1211	$3,372	$2.78	1d	6	1.35mi
301 Champion Ave Oaklyn, NJ	2.0	1.0	661	$1,770	$2.68	4d	3	1.36mi
132 E Franklin Ave Unit A Collingswood, NJ	2.0	1.0	1000	$2,400	$2.40	24d	1	1.41mi
2829 Idaho Rd Camden, NJ	3.0	1.5	1048	$1,700	$1.62	24d	1	1.48mi
527 Penn St Unit 1A Camden, NJ	2.0	1.0	800	$1,500	$1.88	18d	1	1.48mi

Listing history 20 events

1. 2026-04-14
   status Pending
2. 2026-02-23
   listed $150,000 Active
3. 2022-07-19
   soldstatus $66,525
4. 2022-06-15
   soldstatus $66,525 Closed 235-char remark

   Show marketing remark (235 chars)

   INVESTOR SPECIAL STRICLY AS IS ALL REPAIRS AND CO WILL BE RESPONSIBILTY OF BUYER CAN BE PURCHASED INDIVIDUALLY OR AS PART OF A BUNDLE OF 5 TOTAL PROPERTIES-CALL AGENT FOR BUNDLE PRICING NJCD2009472 NJCD2009476 NJCD2008474 NJCD2009470

5. 2022-05-10
   status Pending 235-char remark

   Show marketing remark (235 chars)

   INVESTOR SPECIAL STRICLY AS IS ALL REPAIRS AND CO WILL BE RESPONSIBILTY OF BUYER CAN BE PURCHASED INDIVIDUALLY OR AS PART OF A BUNDLE OF 5 TOTAL PROPERTIES-CALL AGENT FOR BUNDLE PRICING NJCD2009472 NJCD2009476 NJCD2008474 NJCD2009470

6. 2022-05-02
   status Active 235-char remark

   Show marketing remark (235 chars)

   INVESTOR SPECIAL STRICLY AS IS ALL REPAIRS AND CO WILL BE RESPONSIBILTY OF BUYER CAN BE PURCHASED INDIVIDUALLY OR AS PART OF A BUNDLE OF 5 TOTAL PROPERTIES-CALL AGENT FOR BUNDLE PRICING NJCD2009472 NJCD2009476 NJCD2008474 NJCD2009470

7. 2022-04-30
   historical 235-char remark

   Show marketing remark (235 chars)

   INVESTOR SPECIAL STRICLY AS IS ALL REPAIRS AND CO WILL BE RESPONSIBILTY OF BUYER CAN BE PURCHASED INDIVIDUALLY OR AS PART OF A BUNDLE OF 5 TOTAL PROPERTIES-CALL AGENT FOR BUNDLE PRICING NJCD2009472 NJCD2009476 NJCD2008474 NJCD2009470

8. 2022-04-19
   status Active 235-char remark

   Show marketing remark (235 chars)

   INVESTOR SPECIAL STRICLY AS IS ALL REPAIRS AND CO WILL BE RESPONSIBILTY OF BUYER CAN BE PURCHASED INDIVIDUALLY OR AS PART OF A BUNDLE OF 5 TOTAL PROPERTIES-CALL AGENT FOR BUNDLE PRICING NJCD2009472 NJCD2009476 NJCD2008474 NJCD2009470

9. 2021-12-01
   status Pending 235-char remark

   Show marketing remark (235 chars)

   INVESTOR SPECIAL STRICLY AS IS ALL REPAIRS AND CO WILL BE RESPONSIBILTY OF BUYER CAN BE PURCHASED INDIVIDUALLY OR AS PART OF A BUNDLE OF 5 TOTAL PROPERTIES-CALL AGENT FOR BUNDLE PRICING NJCD2009472 NJCD2009476 NJCD2008474 NJCD2009470

10. 2021-11-27
    historical Active Under Contract 235-char remark

    Show marketing remark (235 chars)

    INVESTOR SPECIAL STRICLY AS IS ALL REPAIRS AND CO WILL BE RESPONSIBILTY OF BUYER CAN BE PURCHASED INDIVIDUALLY OR AS PART OF A BUNDLE OF 5 TOTAL PROPERTIES-CALL AGENT FOR BUNDLE PRICING NJCD2009472 NJCD2009476 NJCD2008474 NJCD2009470

11. 2021-11-07
    listed $72,900 Active 235-char remark

    Show marketing remark (235 chars)

    INVESTOR SPECIAL STRICLY AS IS ALL REPAIRS AND CO WILL BE RESPONSIBILTY OF BUYER CAN BE PURCHASED INDIVIDUALLY OR AS PART OF A BUNDLE OF 5 TOTAL PROPERTIES-CALL AGENT FOR BUNDLE PRICING NJCD2009472 NJCD2009476 NJCD2008474 NJCD2009470

12. 2011-04-25
    historical
13. 2010-10-25
    listed $59,900
14. 2010-07-10
    historical
15. 2010-01-10
    listed $62,000
16. 2007-06-20
    soldstatus $30,400
17. 2007-05-30
    historical
18. 2007-04-26
    listed $30,400
19. 2002-04-09
    soldstatus $45,000
20. 1989-02-02
    soldstatus $17,100

ⓘ 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: $966 · $80/mo
• Projected year-2 tax: $2,350 · $196/mo
• Expected delta: +$1,385/yr (+$115/mo · 143.3%)

ⓘ 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 ≥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: $19,827
• − Mortgage interest: −$8,402
• − Property taxes: −$966
• − Insurance: −$750
• − Repairs & maintenance: −$1,586
• − Management: −$1,586
• − Depreciation: −$4,364
• Taxable income: $2,173
• Est. tax owed @ 24.0%: −$522
• After-tax cash flow: $3,987/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
• City population: 20,865
• Population (ZIP): 21,508

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: Black 53% Hispanic / Latino 40% Two or more races 9% White 2% Asian 1%
• Hispanic origin (detail): Mexican 2% Puerto Rican 22% Cuban 2% Dominican 9%
• Common ancestry: Hispanic 2%
• Foreign-born: 9% · Canada, Vietnam
• Languages at home: 69% English-only · Spanish 29% Vietnamese 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: ▼ -123.43%
• Current HPI: 209.3596
• Rent YoY: —
• Metro: —
• 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

+777.2% since first listed

20 events — show timeline

• 2026-04-14 Pending — BRIGHT MLS
• 2026-02-23 Listed $150,000 BRIGHT MLS
• 2022-07-19 Sold (Public Records) $66,525 Public Records
• 2022-06-15 Sold (MLS) $66,525 BRIGHT MLS
• 2022-05-10 Pending — BRIGHT MLS
• 2022-05-02 Relisted — BRIGHT MLS
• 2022-04-30 Listing Removed — BRIGHT MLS
• 2022-04-19 Relisted — BRIGHT MLS
• 2021-12-01 Pending — BRIGHT MLS
• 2021-11-27 Contingent — BRIGHT MLS
• 2021-11-07 Listed $72,900 BRIGHT MLS
• 2011-04-25 Listing Removed — BRIGHT MLS
• 2010-10-25 Listed $59,900 BRIGHT MLS
• 2010-07-10 Listing Removed — BRIGHT MLS
• 2010-01-10 Listed $62,000 BRIGHT MLS
• 2007-06-20 Sold (MLS) $30,400 BRIGHT MLS
• 2007-05-30 Listing Removed — BRIGHT MLS
• 2007-04-26 Listed $30,400 BRIGHT MLS
• 2002-04-09 Sold (Public Records) $45,000 Public Records
• 1989-02-02 Sold (Public Records) $17,100 Public Records

Property tax history

-0.3%/yr

Latest (2025): $966 · +4.1% YoY. Source: county tax records.