1033 N 36th St · Camden, NJ 08105

$109,900

3 bd · 1.0 ba · 1,052 sqft · SingleFamily public records · 3 Days on market

Built 1950 10,241 sqft lot

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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
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• 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

Prime opportunity to own a 3-bedroom, 1-bath single-family home in Camden, NJ. This property is being sold as-is and is in need of a full renovation, making it ideal for investors or buyers looking to build equity from the ground up. Solid bones offer a blank canvas to customize to your taste. Conveniently located near public transportation, schools, and major highways including the Ben Franklin and Walt Whitman bridges, it is just minutes from Philadelphia. Don't miss your chance to transform this diamond in the rough into a showpiece. Cash or renovation financing preferred. Schedule your showing today!

Key facts

• Near schools
• Solid bones
• Blank canvas

Tags

• FULL RENOVATION
• SOLID BONES
• BLANK CANVAS
• PUBLIC TRANSPORTATION
• NEAR SCHOOLS
• MAJOR HIGHWAYS

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $110k.

Deal economics

• At list price, monthly cash flow is $778 ($9k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $110k).
• Cap rate 14.8% vs local median 7.0% 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: 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.
• Zoned schools: Morgan Village Middle School (244 students, 77% FRL).
• Market conditions: 61 active listings in the ZIP; 11 comparable units currently listed for rent nearby; rentals at typical pace (median 26d 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 $760 of loan paydown is wiped out by about $3k 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.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $31k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

• Only 3 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

• Watch-outs: built in 1950 — 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 $109,900

Questions for the listing agent

1. Built in 1950 — 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: 1.87% ✓
• Cap rate: 14.79%
• Cash-on-cash: 30.35%
• DSCR: 2.35
• GRM: 4.5

CMA / ARV

• ARV (on-the-fly): $290,352
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1519 48th St	0.68mi	3/1.0	1,056 (+0%)	8mo	$279,000	$264	61
840 N 30th St	0.47mi	3/1.0	1,088 (+3%)	14mo	$240,000	$221	61
1627 44th St	0.56mi	3/2.0	1,092 (+4%)	6mo	$339,000	$310	58
908 Bergen	0.24mi	3/1.0	921 (-12%)	14mo	$204,900	$222	57
1408 Hillside Ter	0.36mi	4/2.0 (+1)	1,140 (+8%)	6mo	$325,000	$285	55
1615 47th St	0.65mi	4/1.0 (+1)	1,066 (+1%)	11mo	$325,000	$305	54
370 N 34th St	0.74mi	3/2.0	986 (-6%)	1mo	$270,000	$274	50
1630 41st St	0.51mi	2/1.5 (-1)	1,080 (+3%)	19mo	$255,000	$236	49
1542 44th St	0.52mi	3/1.5	1,162 (+10%)	10mo	$280,000	$241	48
435 N 41st St	0.69mi	3/1.0	1,175 (+12%)	8mo	$369,000	$314	42
4716 River Rd	0.59mi	3/2.0	1,176 (+12%)	8mo	$325,000	$276	42
2738 Lincoln Ave	0.66mi	4/2.0 (+1)	920 (-12%)	5mo	$320,000	$348	35

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: 25.1%
• Equity multiple: 2.04×
• Total profit: $31,851
• Equity at exit: $16,386

10-year hold

• IRR: 32.8%
• Equity multiple: 3.99×
• Total profit: $91,914
• Equity at exit: $9,502

Cash invested: $30,772 (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: 61
• Price-to-rent: 4.5×

Monthly cashflow live

• Estimated rent: $2,056 high
• Mortgage (P&I): −$576
• Tax from tax record: −$224 /mo · $2,688/yr
• Insurance: −$46
• HOA: −$0
• Vacancy / Maint / Mgmt: −$432
• Net cashflow: $778

Break-even live

Break-even rent $1,071

Max offer price $109,900

Occupancy floor 57%

Sensitivity live

Price	-10% $841	-5% $809	+0% $778	+5% $747	+10% $716
Rent	-10% $616	-5% $697	+0% $778	+5% $860	+10% $941
Rate	-1.0pp $834	-0.5pp $806	base $778	+0.5pp $750	+1.0pp $721

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: $27,475
• Closing costs: $3,297
• Reserves months: —
• Total cash needed: —

Rent comps 11 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4601 High St Pennsauken, NJ	1.0–2.0	1.0	800	$1,675	$2.09	4d	4	0.75mi
106 N 34th St Unit B Camden, NJ	3.0	2.0	900	$1,950	$2.17	26d	1	1.01mi
1535 Gross Ave Pennsauken, NJ	3.0	1.0	1272	$2,150	$1.69	26d	1	1.03mi
2323 Browning Rd Pennsauken, NJ	3.0	1.0	923	$2,500	$2.71	26d	1	1.18mi
2754 Mickle St Camden, NJ	3.0	1.0	1500	$1,850	$1.23	0d	1	1.24mi
2752 Mickle St Camden, NJ	3.0	1.0	1450	$1,850	$1.28	18d	1	1.24mi
4621 Woodland Ave Pennsauken, NJ	3.0	1.5	1148	$2,200	$1.92	26d	1	1.35mi
2277 Hollinshed Ave Pennsauken, NJ	3.0	1.5	1164	$2,400	$2.06	26d	1	1.35mi
324 S 27th St Camden, NJ	3.0	1.0	1152	$1,900	$1.65	26d	1	1.45mi
380 Garden Ave Camden, NJ	2.0	2.0	1184	$2,100	$1.77	26d	1	1.46mi
5729 Irving Ave Pennsauken, NJ	3.0	1.5	1200	$2,150	$1.79	18d	1	1.48mi

Listing history 3 events

1. 2026-04-23
   status Pending
2. 2026-04-20
   historical
3. 2026-04-17
   listed $109,900 Active

ⓘ 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: $2,688 · $224/mo
• Projected year-2 tax: $2,712 · $226/mo
• Expected delta: +$24/yr (+$2/mo · 0.9%)

ⓘ 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 ≥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: $24,676
• − Mortgage interest: −$6,156
• − Property taxes: −$2,688
• − Insurance: −$550
• − Repairs & maintenance: −$1,974
• − Management: −$1,974
• − Depreciation: −$3,197
• Taxable income: $8,137
• Est. tax owed @ 24.0%: −$1,953
• After-tax cash flow: $7,388/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

3 events — show timeline

• 2026-04-23 Pending — BRIGHT MLS
• 2026-04-20 Listing Removed — BRIGHT MLS
• 2026-04-17 Listed $109,900 BRIGHT MLS

Property tax history

+3.3%/yr

Latest (2025): $2,688 · +4.1% YoY. Source: county tax records.