9 months on rocket

1418 Rte 206, Tabernacle, NJ, 08088

$725,000

Home List Price

$8,609*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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1418 Rte 206, Tabernacle Township$725,000

Buyer Closing Credits

$8,609*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingParking Lot
Year Built1966
HeatingBaseboard
CoolingWall Unit(s)
MLS #NJBL2047450
Lot Size1.80 Acres
StatusActive
(ACTIVE)

About 1418 Rte 206

Welcome to this fantastic opportunity to own a rare well-maintained 4-unit rental property located in the desirable Tabernacle, right on Route 206. This property offers an excellent investment potential for both seasoned investors and first-time buyers looking to enter the rental market. This 4-unit rental property presents a remarkable investment opportunity, offering a steady stream of rental income. The existing tenants provide a stable cash flow, making this property an attractive option for investors seeking passive income. Additionally, the property's strategic location ensures strong demand for rental units, minimizing vacancy periods. Don't miss out on this incredible opportunity to own a 4-unit rental property with excellent income potential!

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1966

Listing Office:

  • Office Name: Keller Williams Realty - Marlton
  • Office Phone: (856) 441-6800
  • Listing Agent: Johnny Jones

Exterior Features

Parking Information:

  • Parking: Parking Lot

Lot Features

Lot Information:

  • Lot Size: 1.80 Acres

Utilities

Utilities Information:

  • Heating: Baseboard
  • Cooling: Wall Unit(s)

School Info

Assigned Schools Information:

  • Seneca High School, Public District Grades 9-12
  • Kenneth R. Olson Middle School, Public District Grades 5-8
  • Tabernacle Elementary School, Public District Grades PK-4

Other

Directions Information:

  • Directions: GPS

Municipality:

  • Tabernacle Twp

Price Information

Listing Price Info

Price Summary:

  • List Price: $725,000
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Housing Market Comparison

See how this home compares to others in Tabernacle Township, NJ.

Med. Sold Price

$465K

Med. Price/SqFt

$209

Avg. Days On Market

19

# of Sold Homes

5

1418 Rte 206 vs Tabernacle Township

296 DAYS ON ROCKET

+277 Days

$725,000

+$260K More

KEY TAKEAWAY

This property is $260K more than the Median Sold Price in Tabernacle Township, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #NJBL2047450

Listing Office:

  • Office Name: Keller Williams Realty - Marlton
  • Office Phone: (856) 441-6800
  • Listing Agent: Johnny Jones

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/28/2024, 4:20:24 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$3,686

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,240

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-7359853
7
/10
  • Tabernacle Elementary School

  • 141 New Rd

  • 1.49 miles

  • Public District Grades PK-4

Middle School

school-card-donut-7359854
7
/10
  • Kenneth R. Olson Middle School

  • 132 New Rd

  • 1.66 miles

  • Public District Grades 5-8

High School

school-card-donut-7359855
5
/10
  • Seneca High School

  • 110 Carranza Rd

  • 1.66 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $107,759. The most common annual income of people living in Tabernacle Township, NJ is between $100k-200k. Most families are married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas


Rocket HomesNew JerseyBurlington CountyTabernacle Township080881418 Rte 206

This home is located at 1418 Rte 206 in Tabernacle, NJ and zip code 08088. This home, which was built in 1966, sits on a 1.80 acre lot. It has been listed on Rocket Homes since June 05, 2023 and is currently priced at $725,000.

Tabernacle Township, NJ housing market in February 2024 saw over 2 listings sold above listed price, more than 2 sold at listed price and over 1 sold below. The inventory of homes for sale in Tabernacle Township, NJ between January 2024 and February 2024 decreased by 8.9%. While the average time on the market in February 2024 was 19 days, the median list price was $465,000.

From Rocket Homes Real Estate and based on county public records data.

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