2363 Baird Blvd · Camden, NJ 08105

$174,900

4 bd · 2.0 ba · 1,292 sqft · SingleFamily public records · 29 Days on market

Built 1939 1,999 sqft lot Est $242k · 28% under

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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 +24.0/30.0
• ARV discount +15.0/15.0
• DSCR +7.7/10.0
• 1% rule +6.4/10.0
• 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

Spacious 4-bedroom, 2½-bath row home located in one of the city’s most desirable neighborhoods. This property in need of some TLC, offers generous living space, featuring a bright and inviting living room, a formal dining area, and an updated kitchen with ample cabinet storage. Upstairs, you’ll find four comfortable bedrooms with great natural light, including a primary suite with its own private bath. The partially finished basement provides additional living space—perfect for a family room, home office, gym, or entertainment area—plus extra storage and utility space. Conveniently situated near shopping, dining, schools, and public transportation, this home c

Key facts

• Great natural light
• Private bath
• Formal dining area

Tags

• UPDATED KITCHEN
• PRIVATE BATH
• PARTIALLY FINISHED BASEMENT
• GENEROUS LIVING SPACE
• FORMAL DINING AREA
• GREAT NATURAL LIGHT

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $175k.

Deal economics

• At list price, monthly cash flow is $341 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $175k).
• Recommended offer: $172k (1.5% below list) — sets the bar for market timing.
• Cap rate 8.6% vs local median 7.1% in Camden — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

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: 59 active listings in the ZIP; 9 comparable units currently listed for rent nearby; rentals at typical pace (median 24d 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 $5k 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 29 days — a 2% lower offer ($172k) is reasonable based on typical stale-listing flexibility.
• 4 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 $31k; list at $175k implies a 466% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1939 — 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 $172,276 (1.5% below list)

Questions for the listing agent

1. Built in 1939 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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?
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: 1.14% ✓
• Cap rate: 8.63%
• Cash-on-cash: 8.36%
• DSCR: 1.37
• GRM: 7.3

CMA / ARV

• ARV (on-the-fly): $241,604
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
6814 Waldorf Ave	0.49mi	3/2.5 (-1)	1,320 (+2%)	2mo	$364,900	$276	65
6842 Waldorf Ave	0.48mi	4/2.0	1,211 (-6%)	3mo	$230,000	$190	65
520 Beacon Ave	0.57mi	3/2.0 (-1)	1,289 (-0%)	6mo	$269,950	$209	63
6804 Waldorf Ave	0.49mi	3/2.5 (-1)	1,320 (+2%)	8mo	$350,000	$265	60
420 Boyd St	0.21mi	3/1.0 (-1)	1,415 (+10%)	7mo	$265,000	$187	60
128 N 28th St	0.49mi	5/1.5 (+1)	1,349 (+4%)	11mo	$250,000	$185	54
308 Morse St	0.11mi	3/1.0 (-1)	1,484 (+15%)	11mo	$180,000	$121	52
6827 Highland Ave	0.58mi	3/2.0 (-1)	1,188 (-8%)	11mo	$320,000	$269	45
2825 Thompson St	0.66mi	3/2.0 (-1)	1,144 (-12%)	8mo	$150,000	$131	39
1553 Wildwood Ave	0.69mi	3/2.0 (-1)	1,440 (+12%)	10mo	$128,000	$89	36
1243 Magnolia Ave	0.74mi	3/1.0 (-1)	1,460 (+13%)	6mo	$115,000	$79	30
1460 Belleview Ave	0.73mi	3/1.0 (-1)	1,483 (+15%)	12mo	$194,000	$131	22

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: -3.6%
• Equity multiple: 0.87×
• Total profit: $-6,558
• Equity at exit: $26,078

10-year hold

• IRR: 6.1%
• Equity multiple: 1.46×
• Total profit: $22,461
• Equity at exit: $15,122

Cash invested: $48,972 (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 08105

• Home prices YoY: -30.6%
• Active inventory: 59
• Price-to-rent: 7.3×

Monthly cashflow live

• Estimated rent: $1,991 high
• Mortgage (P&I): −$917
• Tax from tax record: −$241 /mo · $2,898/yr
• Insurance: −$73
• HOA: −$0
• Vacancy / Maint / Mgmt: −$418
• Net cashflow: $341

Break-even live

Break-even rent $1,559

Max offer price $174,900

Occupancy floor 78%

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: $43,725
• Closing costs: $5,247
• Reserves months: —
• Total cash needed: —

Rent comps 9 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2752 Mickle St Camden, NJ	3.0	1.0	1450	$1,850	$1.28	16d	1	0.35mi
324 S 27th St Camden, NJ	3.0	1.0	1152	$1,900	$1.65	24d	1	0.37mi
1455 Wildwood Ave Camden, NJ	3.0	1.5	1353	$1,900	$1.40	10d	1	0.81mi
1055 Kenwood Ave Camden, NJ	4.0	1.0	1088	$1,875	$1.72	24d	1	0.93mi
106 N 34th St Unit B Camden, NJ	3.0	2.0	900	$1,950	$2.17	24d	1	0.96mi
4621 Woodland Ave Pennsauken, NJ	3.0	1.5	1148	$2,200	$1.92	24d	1	1.13mi
708 Royden St Camden, NJ	3.0	1.0	1113	$1,595	$1.43	17d	1	1.39mi
5122 Garfield Ave Pennsauken, NJ	3.0	1.0	1308	$2,500	$1.91	24d	1	1.44mi
221 Haddon Ave Collingswood, NJ	4.0	2.0	1744	$3,100	$1.78	3d	1	1.48mi

Listing history 12 events

1. 2026-04-02
   status Pending
2. 2026-03-04
   listed $174,900 Active
3. 2022-05-16
   status Pending
4. 2022-05-13
   historical
5. 2022-05-13
   historical
6. 2022-05-03
   listed $104,995 Active
7. 2011-07-31
   historical
8. 2011-01-21
   listed $95,000
9. 2010-12-21
   historical
10. 2010-07-01
    listed $103,990
11. 1986-12-11
    soldstatus $30,900
12. 1983-10-01
    soldstatus $20,350

ⓘ 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: $2,898 · $241/mo
• Projected year-2 tax: $3,626 · $302/mo
• Expected delta: +$729/yr (+$61/mo · 25.1%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 4/10 Moderate FEMA zone X (shaded) · 23% 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 4/10 Moderate 5 unhealthy d/yr today · 6 by 30 yrs out

Taxation est. · year 1

• Rental income: $23,892
• − Mortgage interest: −$9,797
• − Property taxes: −$2,898
• − Insurance: −$874
• − Repairs & maintenance: −$1,911
• − Management: −$1,911
• − Depreciation: −$5,088
• Taxable income: $1,412
• Est. tax owed @ 24.0%: −$339
• After-tax cash flow: $3,757/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): 26,681

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: Predominantly Hispanic (71%)
• Race & ethnicity: Hispanic / Latino 71% Black 24% Two or more races 11% Asian 2% White 1% Native American 1%
• Hispanic origin (detail): Mexican 9% Puerto Rican 33% Dominican 20%
• Common ancestry: Russian 1%
• Foreign-born: 28% · Canada, Vietnam
• Languages at home: 36% English-only · Spanish 59% French/Haitian/Cajun 2% 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: ▼ -130.41%
• Current HPI: 295.6492
• 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

+759.5% since first listed

12 events — show timeline

• 2026-04-02 Pending — BRIGHT MLS
• 2026-03-04 Listed $174,900 BRIGHT MLS
• 2022-05-16 Pending — BRIGHT MLS
• 2022-05-13 Listing Removed — BRIGHT MLS
• 2022-05-13 Listing Removed — BRIGHT MLS
• 2022-05-03 Listed $104,995 BRIGHT MLS
• 2011-07-31 Listing Removed — BRIGHT MLS
• 2011-01-21 Listed $95,000 BRIGHT MLS
• 2010-12-21 Listing Removed — BRIGHT MLS
• 2010-07-01 Listed $103,990 BRIGHT MLS
• 1986-12-11 Sold (Public Records) $30,900 Public Records
• 1983-10-01 Sold (Public Records) $20,350 Public Records

Property tax history

+3.1%/yr

Latest (2025): $2,898 · +4.1% YoY. Source: county tax records.