1801 Egg Harbor Rd #105 · Lindenwold, NJ 08021

$169,000

2 bd · 2.0 ba · 1,336 sqft · Condo · 57 Days on market

Built 1973 $180/mo HOA · 9% of rent

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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 +20.3/30.0
• ARV discount +7.5/15.0
• 1% rule +6.7/10.0
• DSCR +6.4/10.0
• Livability +3.4/5.0
• Rent growth +3.3/5.0
• Condition / age +2.5/5.0
• Schools +1.3/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Nice, 2-bedroom, 2-full bathrooms, Condo in Meadowview Subdivision. Enter this wonderful first Floor Condo and you'll be Emersed into the Large foyer with a double-sized Coat closet. The kitchen will inspire with storage galore, cherry wood cabinets, and a large pantry. Large comfortable Living Room drenched with Sunlight with a Slider bringing You into Nature on the patio for morning coffee or late-day relaxation. All Window treatments included. 2 Nicely sized Bedrooms with wall-to-wall closets! Primary bathroom has a New tile floor and Toilet. Flooring in the Kitchen and Hallway is Neutral-colored laminate that will go with any Style. Convenient living in Camden County located near Shopping, Restaurants, Philadelphia, and all shore points. Make your Appointment before it's too Late!

Key facts

• Huge double closets
• Enormous backyard
• $180 HOA

Tags

• ENORMOUS BACKYARD
• IN UNIT WASHER AND DRYER
• HUGE DOUBLE CLOSETS
• WALKING DISTANCE TO EATERIES
• WALKING DISTANCE TO SHOPPING

Property features AI

Finance

• HOA & community: Monthly condo fee of $180; HOA fee includes other items; Community amenities listed as other

Exterior

• Parking: Parking lot
• Utilities: Public water; Public sewer; Electric available; Cable TV available; Phone available
• Home design: Condominium; Garden-style building (1–4 floors); Entry on level 1
• Construction: Combination construction materials; Slab foundation; Above-grade and below-grade structures; Unit/flat structure type; Year built estimated
• Exterior features: Not located in a federal flood zone

Interior

• Kitchen: Built-in range; Built-in microwave; Oven (single); Dishwasher; Refrigerator
• Bedrooms: Two main-level bedrooms
• Bathrooms: Two full bathrooms (both on main level)
• Heating & cooling: Forced air heating; Central air conditioning; Electric heating and cooling; Electric hot water
• Interior features: Level entry to main floor; Living Room; Unit/flat layout
• Laundry & utility: Washer in unit; Dryer in unit; Washer/Dryer hookups in unit

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath condo listed at $169k.

Deal economics

• At list price, monthly cash flow is $215 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $169k).
• Recommended offer: $164k (3.0% below list) — sets the bar for market timing.
• Cap rate 7.8% vs local median 5.3% in Lindenwold — 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 68/100 on livability (#312 in NJ) — a middle-class / working-renter tenant base. Strengths: housing A+, health & safety A, cost of living B; Watch: employment C-, crime D, schools F.
• Lindenwold Public School District (suburban): math 4% / reading 25% proficiency, ranked #461 of 472 in NJ (top 98%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 68% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising (+3.0%/yr); 237 active listings in the ZIP; 6 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 weeks tenant-placement turnaround); 1,018 units permitted in Camden County in 2024 (509 in 5+ unit buildings).
• This rent runs 35% of the median local income ($68k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

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 57 days — a 3% lower offer ($164k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 17y ago; this cycle's ask has dropped $31k (16%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $121k; 40% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 61% 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 $163,930 (3.0% below list)

Questions for the listing agent

1. It's been on market 57 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 1973 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
7. Crime grade is D 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?
8. 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.
9. 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.
10. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 1.17% ✓
• Cap rate: 7.82%
• Cash-on-cash: 5.46%
• DSCR: 1.24
• GRM: 7.1

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 3.02% rent growth · sell at horizon

5-year hold

• IRR: -7.7%
• Equity multiple: 0.71×
• Total profit: $-13,492
• Equity at exit: $25,198

10-year hold

• IRR: 2.0%
• Equity multiple: 1.14×
• Total profit: $6,642
• Equity at exit: $14,612

Cash invested: $47,320 (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 08021

• Home prices YoY: -31.6%
• Rents YoY: 3.0%
• Active inventory: 237
• Price-to-rent: 7.1×

Monthly cashflow live

• Estimated rent: $1,979 high
• Mortgage (P&I): −$886
• Tax est. 1.5%: −$211 /mo · $2,535/yr
• Insurance: −$70
• HOA: −$180
• Vacancy / Maint / Mgmt: −$416
• Net cashflow: $215

Break-even live

Break-even rent $1,706

Max offer price $169,000

Occupancy floor 84%

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: $42,250
• Closing costs: $5,070
• Reserves months: —
• Total cash needed: —

Rent comps 6 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
136 Colonial Sq Lindenwold, NJ	3.0	1.5	1380	$1,950	$1.41	24d	1	0.08mi
550 Bilper Ave Lindenwold, NJ	1.0–2.0	1.0	950	$1,700	$1.79	24d	1	0.37mi
98 Oak St Clementon, NJ	1.0–2.0	1.0–2.0	1027	$2,040	$1.99	1d	44	0.76mi
23 Clementon Rd W Gibbsboro, NJ	3.0	2.5	1763	$3,400	$1.93	1d	1	1.29mi
1256 Kirkwood-gibbsboro R Voorhees, NJ	2.0	2.0	1738	$1,050	$0.60	22d	1	1.47mi
23 Clementon Rd E Unit 1 Gibbsboro, NJ	3.0	2.5	1763	$3,400	$1.93	1d	1	1.48mi

HOA detail condo

• Monthly dues: $180 · $2,160/yr
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 19 events

1. 2026-06-16
   status $169,000 Pending 57 DOM
2. 2026-06-07
   statusdays on market $169,000 Active Under Contract 57 DOM
3. 2026-06-04
   days on market $169,000 Active 56 DOM
4. 2026-06-03
   days on market $169,000 Active 55 DOM
5. 2026-06-02
   days on market $169,000 Active 54 DOM
6. 2026-06-01
   days on market $169,000 Active 53 DOM
7. 2026-05-31
   days on market $169,000 Active 52 DOM
8. 2026-05-22
   price $169,000
9. 2026-05-13
   status Active
10. 2026-03-09
    status Pending
11. 2026-02-16
    historical Active Under Contract
12. 2026-01-13
    listed $200,000 Active
13. 2022-12-07
    soldstatus $121,000 Closed 795-char remark

    Show marketing remark (795 chars)

    Nice, 2-bedroom, 2-full bathrooms, Condo in Meadowview Subdivision. Enter this wonderful first Floor Condo and you'll be Emersed into the Large foyer with a double-sized Coat closet. The kitchen will inspire with storage galore, cherry wood cabinets, and a large pantry. Large comfortable Living Room drenched with Sunlight with a Slider bringing You into Nature on the patio for morning coffee or late-day relaxation. All Window treatments included. 2 Nicely sized Bedrooms with wall-to-wall closets! Primary bathroom has a New tile floor and Toilet. Flooring in the Kitchen and Hallway is Neutral-colored laminate that will go with any Style. Convenient living in Camden County located near Shopping, Restaurants, Philadelphia, and all shore points. Make your Appointment before it's too Late!

14. 2022-09-28
    status Pending 795-char remark

    Show marketing remark (795 chars)

    Nice, 2-bedroom, 2-full bathrooms, Condo in Meadowview Subdivision. Enter this wonderful first Floor Condo and you'll be Emersed into the Large foyer with a double-sized Coat closet. The kitchen will inspire with storage galore, cherry wood cabinets, and a large pantry. Large comfortable Living Room drenched with Sunlight with a Slider bringing You into Nature on the patio for morning coffee or late-day relaxation. All Window treatments included. 2 Nicely sized Bedrooms with wall-to-wall closets! Primary bathroom has a New tile floor and Toilet. Flooring in the Kitchen and Hallway is Neutral-colored laminate that will go with any Style. Convenient living in Camden County located near Shopping, Restaurants, Philadelphia, and all shore points. Make your Appointment before it's too Late!

15. 2022-09-21
    historical 795-char remark

    Show marketing remark (795 chars)

    Nice, 2-bedroom, 2-full bathrooms, Condo in Meadowview Subdivision. Enter this wonderful first Floor Condo and you'll be Emersed into the Large foyer with a double-sized Coat closet. The kitchen will inspire with storage galore, cherry wood cabinets, and a large pantry. Large comfortable Living Room drenched with Sunlight with a Slider bringing You into Nature on the patio for morning coffee or late-day relaxation. All Window treatments included. 2 Nicely sized Bedrooms with wall-to-wall closets! Primary bathroom has a New tile floor and Toilet. Flooring in the Kitchen and Hallway is Neutral-colored laminate that will go with any Style. Convenient living in Camden County located near Shopping, Restaurants, Philadelphia, and all shore points. Make your Appointment before it's too Late!

16. 2022-09-15
    listed $120,000 Active 795-char remark

    Show marketing remark (795 chars)

    Nice, 2-bedroom, 2-full bathrooms, Condo in Meadowview Subdivision. Enter this wonderful first Floor Condo and you'll be Emersed into the Large foyer with a double-sized Coat closet. The kitchen will inspire with storage galore, cherry wood cabinets, and a large pantry. Large comfortable Living Room drenched with Sunlight with a Slider bringing You into Nature on the patio for morning coffee or late-day relaxation. All Window treatments included. 2 Nicely sized Bedrooms with wall-to-wall closets! Primary bathroom has a New tile floor and Toilet. Flooring in the Kitchen and Hallway is Neutral-colored laminate that will go with any Style. Convenient living in Camden County located near Shopping, Restaurants, Philadelphia, and all shore points. Make your Appointment before it's too Late!

17. 2010-02-26
    soldstatus $127,900 224-char remark

    Show marketing remark (224 chars)

    Totally rehabbed large two bedroom two bath condo! All new carpets, flooring, lighting, appliances and more! Seller pays 5,000 toward closing costs! Only 1.5 mi from High speed line, close proximity to parks and recreation!

18. 2009-11-22
    historical 224-char remark

    Show marketing remark (224 chars)

    Totally rehabbed large two bedroom two bath condo! All new carpets, flooring, lighting, appliances and more! Seller pays 5,000 toward closing costs! Only 1.5 mi from High speed line, close proximity to parks and recreation!

19. 2009-11-20
    listed $127,900 224-char remark

    Show marketing remark (224 chars)

    Totally rehabbed large two bedroom two bath condo! All new carpets, flooring, lighting, appliances and more! Seller pays 5,000 toward closing costs! Only 1.5 mi from High speed line, close proximity to parks and recreation!

ⓘ 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 3/10 Moderate FEMA zone X (unshaded) · 20% chance over 30 yrs
• 🔥 Wildfire 2/10 Low
• 🌡 Heat 7/10 Severe 7 d/yr ≥104°F today · 15 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 61% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $23,745
• − Mortgage interest: −$9,467
• − Property taxes: −$2,535
• − Insurance: −$845
• − Repairs & maintenance: −$1,900
• − Management: −$1,900
• − HOA: −$2,160
• − Depreciation: −$4,916
• Taxable income: $23
• Est. tax owed @ 24.0%: −$5
• After-tax cash flow: $2,578/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: Lindenwold Public School District
• NCES district ID: 3408640
• Math proficiency: 4% ▼ -8.00%
• Reading proficiency: 25% ▲ 6.00%
• Median HH income: $42,390
• Composite: 12.54/100
• National rank: #9622
• State rank: #461 of 472 in NJ

Livability — Lindenwold

• Score: 68/100
• State rank: #312
• US rank: #9603

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Lindenwold, NJ
• County: Camden County · 407,624 people
• City population: 49,305
• Metro: Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
• Population (ZIP): 49,305
• Household income: $68,044
• Rent vs Own: 53.3% rent · 46.7% own
• Severe rent burden: 3050.0

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 0.69)
• Race & ethnicity: White 44% Black 27% Hispanic / Latino 20% Two or more races 11% Asian 3%
• Hispanic origin (detail): Mexican 4% Puerto Rican 6% Dominican 2%
• Common ancestry: Romanian 3% Lithuanian 1% Iranian 1%
• Foreign-born: 12% · Canada, China, Vietnam
• Languages at home: 81% English-only · Spanish 14% Chinese 1% Tagalog/Filipino 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: ▼ -156.73%
• Current HPI: 338.8351
• Rent YoY: ▲ 3.02%
• Metro: Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
• 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

+32.1% since first listed

12 events — show timeline

• 2026-05-22 Price Changed $169,000 BRIGHT MLS
• 2026-05-13 Relisted — BRIGHT MLS
• 2026-03-09 Pending — BRIGHT MLS
• 2026-02-16 Contingent — BRIGHT MLS
• 2026-01-13 Listed $200,000 BRIGHT MLS
• 2022-12-07 Sold (MLS) $121,000 BRIGHT MLS
• 2022-09-28 Pending — BRIGHT MLS
• 2022-09-21 Listing Removed — BRIGHT MLS
• 2022-09-15 Listed $120,000 BRIGHT MLS
• 2010-02-26 Sold (MLS) $127,900 BRIGHT MLS
• 2009-11-22 Listing Removed — BRIGHT MLS
• 2009-11-20 Listed $127,900 BRIGHT MLS