For SaleRisky Deal132 days on market
318-320 London Avenue
318-320 London Avenue, Egg Harbor City, NJ 08215, Egg Harbor City, NJ 08215
$280,000
Estimate®:$280,500$500 Under Market
Listing Price
318-320 London Avenue, Egg Harbor City, NJ 08215
Loc: Egg Harbor City, NJ
Days Listed
132
Tax Assessed
$110k
Estimate®
$281k
0% Under Valued
Lot Size
5,663 sqft
Rent Estimate
$2,269/mo
Est. Cash Flow base
Type
multi family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
1
Charles L Spragg Elementary School
PK-3
0.5 mi away
2
Egg Harbor Community School
4-8
0.8 mi away
5
Cedar Creek High School
9-12
1.6 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
craftsmantwo-storycovered front porchbrick pierswhite sidingcolonial revival influencevintage architectureresidentialwood stepslandscaped lawnmature treesclassichistoric charm
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
6.09%
Total ROI
91.2%
Cash Flow
$-32/mo
DSCR
0.98
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-32/mo net cash flow with a 6.1% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.1%)
- • Strong rental demand in Egg Harbor City
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-08-28 | Listed for sale | $280,000 | $179 |
| 2026-08-10 | Pending sale | $280,000 | $179 |
| 2026-07-14 | Price change | $280,000 | $179 |
| 2026-05-15 | Listed for sale | $300,000 | $192 |
| 2024-09-23 | Sold | $235,000 | $150 |
| 2024-07-02 | Sold | $235,000 | $150 |
| 2024-04-28 | Pending sale | $235,000 | $150 |
| 2024-04-17 | Listed for sale | $235,000 | $150 |
| 2021-08-02 | Sold | $135,000 | $86 |
| 2021-06-18 | Pending sale | $159,900 | $102 |
| 2021-06-06 | Listed for sale | $159,900 | $102 |
| 2015-02-02 | Sold | $130,000 | $83 |
| 2002-11-18 | Sold | $60,000 | $38 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $6,034.58 | $110,100 |
| 2024 | $6,034.58 | $110,100 |
| 2023 | $5,935.49 | $110,100 |
| 2022 | $5,752.73 | $110,100 |
| 2021 | $5,814.38 | $110,100 |
| 2020 | $5,785.76 | $110,100 |
| 2019 | $5,795.66 | $110,100 |
| 2018 | $5,795.66 | $110,100 |
| 2017 | $5,841.83 | $125,200 |
| 2016 | $5,353.55 | $125,200 |
| 2015 | $5,230.86 | $125,200 |
| 2014 | $5,168.26 | $125,200 |
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