210 D Laurel Pl · Crestwood Village, NJ
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 6/10 · Moderate
- Est. fire insurance / yr
- $526 – $976
Heat risk 6/10 · Moderate
- Hot days now (above 103°F)
- 7 days/yr
- Hot days in 30 yrs
- 14 days/yr
Wind risk 6/10 · Moderate
- Chance of severe wind over 30 yrs
- 67.0%
Air-quality risk 3/10 · Minor
- Unhealthy air days now
- 2 days/yr
- Unhealthy air days in 30 yrs
- 4 days/yr
Risk factors via First Street. Map © Google.
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 +30.0/30.0
- ARV discount +15.0/15.0
- 1% rule +10.0/10.0
- DSCR +10.0/10.0
- Condition / age +3.8/5.0
- Livability +3.2/5.0
- Schools +2.9/10.0
- Rent growth +2.5/5.0
- Appreciation +0.0/10.0
$79,900
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Beautiful end unit in Crestwood 1. 2 Bedroom, renovovated/updated, Newer Full Bath, New Heating Central Air. This is the Westwood Model, Sunroom which can be an office/den. Large Living Room New Flooring throughout. Eat In Kitchen, Large Bedrooms, Very spacious and super comfortable Home! Must See!!
Key facts
- 8,276 sq ft lot
- Pool
- Built 1970
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/1.0-bath single-family listed at $80k. Condition is rated good.
Deal economics
- At list price, monthly cash flow is $712 ($9k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $80k).
- Cap rate 17.0% vs local median 5.6% in Crestwood Village — 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 63/100 on livability (#422 in NJ) — a middle-class / working-renter tenant base. Strengths: cost of living A, housing A, health & safety 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 $552 of loan paydown is wiped out by about $2k 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.
- At projected returns (-3.0% appreciation + 3.0% rent growth), your $22k cash investment doubles in ~4 years — after that, you're playing with house money.
Negotiation context
- Only 9 days on market — expect competitive offers; lowballing is unlikely to land.
Risks & watch-outs
- Climate carrying-cost: major wind risk, 67% chance of damaging wind over 30y; major wildfire risk; extreme-heat days projected 7→14/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- Built in 1970 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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.
- 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.
- 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
- 2.54% ✓
- Cap rate
- 16.99%
- Cash-on-cash
- 38.20%
- DSCR
- 2.70
- GRM
- 3.3
CMA / ARV
- ARV (median comp)
- $111,869
- List price
- $79,900
- Delta
- -28.58%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 3 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 6 Columbus Blvd Unit C | 0.37mi | 2/1.0 (-1) | 797 (+10%) | 2mo | $118,000 | $148 | 60 |
| 6C Verbena Ct | 0.47mi | 2/1.0 (-1) | 797 (+10%) | 2mo | $90,000 | $113 | 55 |
| 81 A Franklin Ln | 0.74mi | 2/1.0 (-1) | 797 (+10%) | 15mo | $80,000 | $100 | 31 |
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
- IRR
- 34.4%
- Equity multiple
- 2.46×
- Total profit
- $32,649
- Equity at exit
- $11,913
- IRR
- 41.4%
- Equity multiple
- 4.92×
- Total profit
- $87,809
- Equity at exit
- $6,908
Cash invested: $22,372 (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
ZIP-level market 08759
- Active inventory
- 648
- Price-to-rent
- 3.3×
Monthly cashflow live
- Estimated rent
- $2,032 medium interval (Pro) →
- Mortgage (P&I)
- −$419
- Tax est. 1.5%
- −$100 /mo · $1,198/yr
- Insurance
- −$33
- HOA
- −$341
- Vacancy / Maint / Mgmt
- −$427
- Net cashflow
- $712
Break-even live
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
- $19,975
- Closing costs
- $2,397
- 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
- $341 · $4,092/yr
Listing history 15 events
-
2026-06-18days on market $79,900 Active 9 DOM
-
2026-06-17days on market $79,900 Active 8 DOM
-
2026-06-16days on market $79,900 Active 7 DOM
-
2026-06-15days on market $79,900 Active 6 DOM
-
2026-06-13days on market $79,900 Active 4 DOM
-
2026-06-08days on market $79,900 Active 142 DOM
-
2026-06-07days on market $79,900 Active 141 DOM
-
2026-06-04days on market $79,900 Active 138 DOM
-
2026-06-03days on market $79,900 Active 137 DOM
-
2026-06-02days on market $79,900 Active 136 DOM
-
2026-06-01days on market $79,900 Active 135 DOM
-
2026-05-31days on market $79,900 Active 134 DOM
-
2026-05-11price $79,900 301-char remark
Show marketing remark (301 chars)
Beautiful end unit in Crestwood 1. 2 Bedroom, renovovated/updated, Newer Full Bath, New Heating Central Air. This is the Westwood Model, Sunroom which can be an office/den. Large Living Room New Flooring throughout. Eat In Kitchen, Large Bedrooms, Very spacious and super comfortable Home! Must See!!
-
2026-03-15price $85,900 301-char remark
Show marketing remark (301 chars)
Beautiful end unit in Crestwood 1. 2 Bedroom, renovovated/updated, Newer Full Bath, New Heating Central Air. This is the Westwood Model, Sunroom which can be an office/den. Large Living Room New Flooring throughout. Eat In Kitchen, Large Bedrooms, Very spacious and super comfortable Home! Must See!!
-
2026-01-17$89,900 Active 301-char remark
Show marketing remark (301 chars)
Beautiful end unit in Crestwood 1. 2 Bedroom, renovovated/updated, Newer Full Bath, New Heating Central Air. This is the Westwood Model, Sunroom which can be an office/den. Large Living Room New Flooring throughout. Eat In Kitchen, Large Bedrooms, Very spacious and super comfortable Home! Must See!!
ⓘ 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 6/10 Major
- Heat 6/10 Major 7 d/yr ≥103°F today · 14 d/yr by 30 yrs out
- Wind 6/10 Major 67% chance of damaging wind over 30 yrs
- Air quality 3/10 Moderate 2 unhealthy d/yr today · 4 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
- $24,384
- − Mortgage interest
- −$4,476
- − Property taxes
- −$1,198
- − Insurance
- −$400
- − Repairs & maintenance
- −$1,951
- − Management
- −$1,951
- − HOA
- −$4,092
- − Depreciation
- −$2,324
- Taxable income
- $7,993
- Est. tax owed @ 24.0%
- −$1,918
- After-tax cash flow
- $6,627/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 · 8 photos
This end unit in Crestwood 1 is in good condition with recent updates and renovations. It offers a spacious living area, updated kitchen and bath, and central air and heating. A fresh coat of paint and updated appliances would further enhance its value.
Value-add opportunities
- Both Paint interior walls — Fresh paint can make a significant difference in the home's appearance and value
- Resale Replace outdated appliances — Modern appliances can attract more buyers and renters
- Resale Update flooring in bathrooms — Fresh flooring can enhance the home's appeal and value
Renovation cost estimate screening
Value-add ROI direction
- Both Paint interior walls — Fresh paint can make a significant difference in the home's appearance and value ↑
- Resale Replace outdated appliances — Modern appliances can attract more buyers and renters ↑
- Resale Update flooring in bathrooms — Fresh flooring can enhance the home's appeal and value ↑
ⓘ 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 — Crestwood Village
- Score
- 63/100
- State rank
- #422
- US rank
- #15006
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Crestwood Village, NJ
- City population
- 34,290
- 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 |
|
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| Financial Services | 1 | $70B |
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Price history
-11.1% since first listed3 events — show timeline
- 2026-05-11 Price Changed $79,900 MOMLS
- 2026-03-15 Price Changed $85,900 MOMLS
- 2026-01-17 Listed $89,900 MOMLS
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…