15 days on rocket

506 Balsam Rd, Cherry Hill, NJ, 08003

$524,990

Home List Price

$6,234*

Closing Credit

4 Bedrooms
2 Full Baths, 1 Partial
2,376 SqFt
$221/SqFt
House
Schools Nearby

Location

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506 Balsam Rd, Cherry Hill$524,990

Buyer Closing Credits

$6,234*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingGarage Door Opener, Attached Garage, Driveway
Garage2 spaces
Year Built1973
HeatingForced Air
CoolingAttic Fan
BasementYes
MLS #NJCD2067294
Lot Size0.29 Acres
StatusActive
(ACTIVE)

About 506 Balsam Rd

Welcome to 506 Balsam Road, a charming 4-bedroom, 2.5-bathroom residence with an oversized lot. The home was a former model home nestled in the heart of Cherry Hill, NJ. This delightful home boasts a spacious 2376 square feet of living space, perfectly situated on a generous lot spanning 12502 square feet and is waiting to be updated by you!! The main level features an eat in kitchen, dining room, family room, and a cozy fireplace in the great room, perfect for relaxing or entertaining guests. The upper level is home to the 4 inviting bedrooms, offering ample space for rest and relaxation with a full bathroom. The primary bedroom provides a private retreat with its en-suite bathroom. Additionally, the property includes a basement, offering potential for additional space or storage. Outside, the expansive lot provides a lovely outdoor space for enjoying the fresh air and hosting gatherings. The HVAC was installed in 2022. There are hardwood floors throughout underneath the carpeting and they have never been used. Don't miss the opportunity to make this wonderful property your new home sweet home with your own touches. Book your showing today and envision the possibilities awaiting at 506 Balsam Road.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1973
  • Stories: 2
  • Living Area: 2,376 SqFt

Listing Office:

  • Office Name: Compass New Jersey, LLC - Moorestown
  • Office Phone: (856) 214-2639
  • Listing Agent: Janet M. Cantwell-Papale

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Carpet, Vinyl, Solid Hardwood

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Garage Door Opener, Attached Garage, Driveway

Lot Features

Lot Information:

  • Lot Size: 0.29 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Attic Fan

School Info

Assigned Schools Information:

  • Cherry Hill High School East, Public District Grades 9-12
  • Rosa International Middle School, Public District Grades 6-8
  • Henry C. Beck Middle School, Public District Grades 6-8
  • Bret Harte Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: 506 Balsam Road, Cherry Hill. From Haddonfield Berlin Road, Morris Drive to Balsam.

Municipality:

  • Cherry Hill Twp

Price Information

Listing Price Info

Price Summary:

  • List Price: $524,990
  • Price Per SqFt: $221/SqFt

Tax Information:

  • Annual Amount: $11,462
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Cherry Hill, NJ.

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Cherry Hill, NJ

City

Med. Sold Price

$434K

Med. Price/SqFt

$221

Avg. Days On Market

20

# of Sold Homes

56

506 Balsam Rd vs Cherry Hill

15 DAYS ON ROCKET

-5 Days

$524,990

+$90.9K More

$221/SqFt

-$1 Less

KEY TAKEAWAY

This property is $90.9K more than the Median Sold Price and $1/SqFt less than other homes in Cherry Hill, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #NJCD2067294

Listing Office:

  • Office Name: Compass New Jersey, LLC - Moorestown
  • Office Phone: (856) 214-2639
  • Listing Agent: Janet M. Cantwell-Papale

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: 6/1/2024, 9:10:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$11,462$283,300
2019$11,433$283,300
2018$11,278$283,300
2017$11,278$283,300

History based on county public records data.

Payment Calculator

$2,688

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,640

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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-6748780
7
/10

  • Bret Harte Elementary School

  • 1909 Queen Ann Rd

  • 0.27 miles

  • Public District Grades KG-5

Middle School

school-card-donut-6748781
7
/10

  • Rosa International Middle School

  • 485 Browning Ln

  • 1.40 miles

  • Public District Grades 6-8

school-card-donut-6748782
4
/10

  • Henry C. Beck Middle School

  • 950 Cropwell Rd

  • 2.01 miles

  • Public District Grades 6-8

High School

school-card-donut-6748783
7
/10

  • Cherry Hill High School East

  • 1750 Kresson Rd

  • 1.05 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $149,531. The most common annual income of people living in Cherry Hill, NJ is between $100k-200k. Residents typically live in married, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 506 Balsam Rd

What is the listing price of this property?

The listing price of 506 Balsam Rd property is $524,990.

What type of property is this?

The property 506 Balsam Rd is a house located in Cherry Hill, New Jersey, 08003.

Is this property for sale now?

Active Listing: 506 Balsam Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 506 Balsam Rd are:
Bret Harte Elementary School: GreatSchools Rating 7/10
Rosa International Middle School: GreatSchools Rating 7/10
Henry C. Beck Middle School: GreatSchools Rating 4/10
Cherry Hill High School East: GreatSchools Rating 7/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $11,462 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 506 Balsam Rd has 4 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 506 Balsam Rd is 2,376 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 506 Balsam Rd is 1973.

Rocket Homes›New Jersey›Camden County›Cherry Hill›08003›506 Balsam Rd

This home is located at 506 Balsam Rd in Cherry Hill, NJ and zip code 08003. This 2,376 square foot home, which was built in 1973, sits on a 0.29 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 17, 2024 and is currently priced at $524,990.

Cherry Hill, NJ housing market in May 2024 saw over 38 listings sold above listed price, more than 6 sold at listed price and over 12 sold below. In May 2024 in Cherry Hill, NJ there were 17.5% more homes for sale than in April 2024. In May 2024 median list price was $434,062 and the average listing age was 20 days.

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

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