20 Yorkshire Ct Unit E · Leisure Village West, NJ 08759

$124,000

1 bd · 1.0 ba · 671 sqft · SingleFamily · 150 Days on market

Built 1973 Fair condition 5,227 sqft lot $185/sqft · 24% below area Est $164k · 24% under $362/mo HOA · 23% of rent ↓ 14% since listing

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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).

• ARV discount +15.0/15.0
• Cash flow +13.2/30.0
• 1% rule +7.4/10.0
• DSCR +4.0/10.0
• Livability +3.5/5.0
• Schools +2.9/10.0
• Rent growth +2.5/5.0
• Condition / age +2.2/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Stop renting and start living the lifestyle you deserve in this beautifully renovated home in a premier 55+ gated community. This charming residence features a wonderful front porch—perfect for enjoying your morning coffee while watching the day begin. Recent renovations ensure move-in ready comfort and modern conveniences throughout, and the affordable pricing makes homeownership accessible without sacrificing quality or amenities. The community offers world-class amenities that cater to every interest and activity level. This is more than just a home—it's a vibrant community and an active lifestyle. Schedule your private showing today, because this one truly must be seen to be appreciated!

Key facts

• 5,227 sq ft lot
• Community pool
• Built 1973

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath single-family listed at $124k. Condition is rated fair.

Deal economics

• At list price, monthly cash flow is $-2 ($-21/yr) — negative.
• To cash-flow at today's rent, offer at most $124k (0.2% below list).
• Meets the 1% rule at list price ($2k rent vs $124k).
• Recommended offer: $109k (12.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 70/100 on livability (#261 in NJ) — a middle-class / working-renter tenant base. Strengths: crime A+, housing A+, employment B+; Watch: schools F, amenities F, commute F.
• Manchester Township School District (suburban): math 25% / reading 44% proficiency, ranked #320 of 472 in NJ (top 68%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 648 active listings in the ZIP; 4,434 units permitted in Ocean County in 2024 (868 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $857 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Ocean 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 150 days — a 12% lower offer ($109k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts; this cycle's ask has dropped $16k (11%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: HOA is 23% of rent.
• Climate carrying-cost: major wind risk, 65% 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 $109,120 (12.0% 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. It's been on market 150 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
3. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
4. Built in 1973 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
5. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
6. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
7. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
8. 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?
9. 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.
10. 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.
11. 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: 1.24% ✓
• Cap rate: 6.28%
• Cash-on-cash: -0.06%
• DSCR: 1.00
• GRM: 6.7

CMA / ARV

• ARV (median comp): $163,582
• List price: $124,000
• Delta: -24.20%
• 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
24A Yorkshire Ct	0.05mi	1/1.0	671 (0%)	9mo	$149,500	$223	90
21 Yorkshire Ct Unit A	0.03mi	1/1.0	671 (0%)	10mo	$130,000	$194	90
17C Sterling St	0.18mi	1/1.0	671 (0%)	3mo	$170,000	$253	89
21B Yorkshire Ct	0.02mi	1/1.0	671 (0%)	13mo	$142,000	$212	89
55F Edinburgh Ln	0.32mi	1/1.0	671 (0%)	1mo	$165,000	$246	84
15 Yorkshire Ct Unit A	0.03mi	1/1.0	671 (0%)	21mo	$165,000	$246	81
15C Cambridge Cir	0.32mi	1/1.0	671 (0%)	10mo	$132,000	$197	77
55F Edinburgh Ln	0.32mi	1/1.0	671 (0%)	11mo	$130,000	$194	76
54B Edinburgh Ln	0.34mi	1/1.0	671 (0%)	14mo	$130,000	$194	73
43C Cambridge Cir	0.29mi	1/1.0	702 (+5%)	14mo	$160,000	$228	67
440 G Dartmoor Way	0.41mi	1/1.0	738 (+10%)	7mo	$165,000	$224	58
441H Dartmoor	0.44mi	1/1.0	738 (+10%)	20mo	$189,000	$256	46

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: -16.2%
• Equity multiple: 0.43×
• Total profit: $-19,958
• Equity at exit: $18,489

10-year hold

• IRR: -7.4%
• Equity multiple: 0.52×
• Total profit: $-16,522
• Equity at exit: $10,721

Cash invested: $34,720 (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 08759

• Active inventory: 648
• Price-to-rent: 6.7×

Monthly cashflow live

• Estimated rent: $1,541 medium
• Mortgage (P&I): −$650
• Tax est. 1.5%: −$155 /mo · $1,860/yr
• Insurance: −$52
• HOA: −$362
• Vacancy / Maint / Mgmt: −$324
• Net cashflow: $-2

Break-even live

Break-even rent $1,543

Max offer price $123,750

Occupancy floor 95%

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: $31,000
• Closing costs: $3,720
• Reserves months: —
• Total cash needed: —

HOA detail

• Monthly dues: $362 · $4,344/yr
• Likely covers: security

Listing history 18 events

1. 2026-06-18
   days on market $124,000 Active 150 DOM
2. 2026-06-17
   price $124,000 Active 149 DOM
3. 2026-06-17
   days on market $129,000 Active 149 DOM
4. 2026-06-16
   days on market $129,000 Active 148 DOM
5. 2026-06-15
   days on market $129,000 Active 147 DOM
6. 2026-06-13
   days on market $129,000 Active 145 DOM
7. 2026-06-09
   days on market $129,000 Active 141 DOM
8. 2026-06-08
   days on market $129,000 Active 140 DOM
9. 2026-06-07
   days on market $129,000 Active 139 DOM
10. 2026-06-04
    days on market $129,000 Active 136 DOM
11. 2026-06-03
    days on market $129,000 Active 135 DOM
12. 2026-06-02
    days on market $129,000 Active 134 DOM
13. 2026-06-01
    days on market $129,000 Active 133 DOM
14. 2026-05-31
    days on market $129,000 Active 132 DOM
15. 2026-05-19
    status Pending 712-char remark

    Show marketing remark (712 chars)

    Stop renting and start living the lifestyle you deserve in this beautifully renovated home in a premier 55+ gated community. This charming residence features a wonderful front porch—perfect for enjoying your morning coffee while watching the day begin. Recent renovations ensure move-in ready comfort and modern conveniences throughout, and the affordable pricing makes homeownership accessible without sacrificing quality or amenities. The community offers world-class amenities that cater to every interest and activity level. This is more than just a home—it's a vibrant community and an active lifestyle. Schedule your private showing today, because this one truly must be seen to be appreciated!

16. 2026-04-23
    price $129,000 712-char remark

    Show marketing remark (712 chars)

    Stop renting and start living the lifestyle you deserve in this beautifully renovated home in a premier 55+ gated community. This charming residence features a wonderful front porch—perfect for enjoying your morning coffee while watching the day begin. Recent renovations ensure move-in ready comfort and modern conveniences throughout, and the affordable pricing makes homeownership accessible without sacrificing quality or amenities. The community offers world-class amenities that cater to every interest and activity level. This is more than just a home—it's a vibrant community and an active lifestyle. Schedule your private showing today, because this one truly must be seen to be appreciated!

17. 2026-01-15
    listed $139,900 Active 712-char remark

    Show marketing remark (712 chars)

    Stop renting and start living the lifestyle you deserve in this beautifully renovated home in a premier 55+ gated community. This charming residence features a wonderful front porch—perfect for enjoying your morning coffee while watching the day begin. Recent renovations ensure move-in ready comfort and modern conveniences throughout, and the affordable pricing makes homeownership accessible without sacrificing quality or amenities. The community offers world-class amenities that cater to every interest and activity level. This is more than just a home—it's a vibrant community and an active lifestyle. Schedule your private showing today, because this one truly must be seen to be appreciated!

18. 2025-10-08
    listed $149,900 Active

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

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 7/10 Severe 7 d/yr ≥102°F today · 15 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 65% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $18,489
• − Mortgage interest: −$6,946
• − Property taxes: −$1,860
• − Insurance: −$620
• − Repairs & maintenance: −$1,479
• − Management: −$1,479
• − HOA: −$4,344
• − Depreciation: −$3,607
• Taxable loss: −$1,846
• Est. tax savings @ 24.0%: +$443
• After-tax cash flow: $422/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.

Condition & rehab AI · 12 photos

Fair 45/100 Cosmetic rehab

This home is in fair condition with cosmetic updates needed. Fresh paint and a new roof would significantly enhance its value.

Repairs flagged

• Minor Exterior paint — Some discoloration on brick
• Minor Roof shingles — Aged appearance

Value-add opportunities

• Resale Paint exterior — Fresh paint enhances curb appeal
• Resale Replace roof shingles — New roof improves home's value
• Rental Landscaping — Well-maintained landscaping attracts tenants

Renovation cost estimate screening

Repair item	Severity	Est. cost
Exterior paint · Some discoloration on brick	Minor	$500–3,000
Roof shingles · Aged appearance	Minor	$500–3,000
Total estimated repair cost · 2 items		$1,000–6,000

Value-add ROI direction

• Resale Paint exterior — Fresh paint enhances curb appeal ↑
• Resale Replace roof shingles — New roof improves home's value ↑
• Rental Landscaping — Well-maintained landscaping attracts tenants ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: Manchester Township School District
• NCES district ID: 3409450
• Math proficiency: 25% ▼ -17.00%
• Reading proficiency: 44% ▼ -5.00%
• Median HH income: $38,905
• Composite: 28.8/100
• National rank: #6662
• State rank: #320 of 472 in NJ

Livability — Leisure Village West

• Score: 70/100
• State rank: #261
• US rank: #7714

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Leisure Village West, NJ
• Population (ZIP): 34,290

Population outlook (Ocean County) Hauer SSP2

• Today (2025): 586,991 people
• By 2030: 581,403 · -1.0%
• By 2040: 564,913 · -3.8%
• By 2050: 538,149 · -8.3%
• By 2075: 468,845 · -20.1%
• By 2100: 350,297 · -40.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (87%)
• Race & ethnicity: White 87% Hispanic / Latino 5% Black 4% Two or more races 4% Asian 2%
• Hispanic origin (detail): Puerto Rican 2%
• Common ancestry: Romanian 8% Scotch-Irish 2% Lithuanian 2%
• Foreign-born: 11% · Canada, China
• Languages at home: 88% English-only · Spanish 3% Russian/Polish/Slavic 2% Other Indo-European 2%

Political lean MEDSL · Ocean

• 2024 margin: Solid R (+36.0) · D 31.4% · R 67.4% · Other 1.2%
• 2008→2024 swing: -17.6pp toward R · 2008: -18.4pp · 2024: -36.0pp
• All cycles: 2024: R+36.0 2020: R+28.7 2016: R+34.0 2012: R+17.7 2008: R+18.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -347.85%
• Current HPI: 274.4679
• 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

-13.9% since first listed

4 events — show timeline

• 2026-05-19 Pending — MOMLS
• 2026-04-23 Price Changed $129,000 MOMLS
• 2026-01-15 Listed $139,900 MOMLS
• 2025-10-08 Listed $149,900 MOMLS