40 CHAPEL AVENUE, Merchantville, NJ 08109

$179,900 Asking Price

4 beds
1 bath
2,391  sqft
Built in 1920

Easy investment! Tenant occupied paying $1837 with a 5% increase each year until lease expires 11/30/2026. Tenant has good paying record and long term. Cozy 4 bedroom home with lots of space. This home features 2 living rooms, large eat in kitchen, half bath on first level, 3 bedrooms and full bath on second level, and a finished attic for a 4th bedroom on third level. New cabinets and stainless steal appliances in kitchen. Washer and dryer hook up on first level. Fenced in yard, drive way, and a one car garage or storage space.


Features & Amenities

Interior

General:
Kitchen - Eat-In
Appliances:
Range Hood,Refrigerator,Dishwasher
Laundry:
Main Floor
Basement:
Unfinished
Flooring:
Fully Carpeted
A/C:
Wall Unit
Heating:
Y, Forced Air, Natural Gas
Fireplace:
Fireplace, Fireplaces: 1
Disability Feature:
None

Exterior

General:
Above Grade,Below Grade
Style:
Colonial

Construction

General:
Frame, 2, Stone

Location

Originating MLS:
BRIGHT_MAIN
School District:
MERCHANTVILLE PUBLIC SCHOOLS
County:
CAMDEN

Lot

Zoning:
RES, 24-00025-00018
Current Use:
0

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
BRIGHT_MAIN
Exclusions:
Washer, Dryer

This listing courtesy of:
J Morgan Propery Management, Jennifer M. Toughill

About Merchantville, NJ

Housing

Number of Units
9,374
Median Home Value
$174,803
Median Rent
$892

28.40% of housing units are renter occupied.

5.34% are vacant.

Commute

Car
74.19%
Public Transportation
5.77%
Walk to Work
1.53%
Work from Home
17.49%
Other
0.84%

The median travel time to work is 23 minutes.

People

Population
23,558
Median Age
40.20
Median Household Size
2.83

Education

High School
31.50%
Associate’s Degree
7.01%
Bachelor’s Degree
17.28%
Graduate Degree
8.43%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

Similar Homes

Message

Interested in this home?

Request more information: