For SaleNeutral Deal132 days on market
216-218 London Avenue
216-218 London Avenue, Egg Harbor City, NJ 08215, Egg Harbor City, NJ 08215
$280,000
Estimate®:$279,000
Listing Price
216-218 London Avenue, Egg Harbor City, NJ 08215
Loc: Egg Harbor City, NJ
Days Listed
132
Tax Assessed
$102k
Estimate®
$279k
Market Rate
Lot Size
5,663 sqft
Rent Estimate
$2,518/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
0.6 mi away
2
Egg Harbor Community School
4-8
0.9 mi away
5
Cedar Creek High School
9-12
1.8 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
Duplex1940OtherNo Data132 Days$192
Haven AI Verdict
Recommendation
Neutral
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
6.98%
Total ROI
110.6%
Cash Flow
$176/mo
DSCR
1.12
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $176/mo net cash flow with a 7.0% cap rate. Underwriting indicates neutral fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (7.0%)
- • 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 |
|---|---|---|---|
| 2026-07-14 | Price change | $280,000 | $192 |
| 2026-05-15 | Listed for sale | $300,000 | $205 |
| 2024-09-23 | Sold | $235,000 | $161 |
| 2024-07-02 | Sold | $235,000 | $161 |
| 2024-05-06 | Pending sale | $248,000 | $170 |
| 2024-04-30 | Listed for sale | $248,000 | $170 |
| 2021-09-23 | Sold | $159,000 | $109 |
| 2011-04-07 | Listing removed | $125,000 | $86 |
| 2010-12-11 | Listed for sale | $125,000 | $86 |
| 1997-11-17 | Sold | $39,000 | $27 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $5,579.66 | $101,800 |
| 2024 | $5,579.66 | $101,800 |
| 2023 | $5,488.04 | $101,800 |
| 2022 | $5,319.05 | $101,800 |
| 2021 | $5,376.06 | $101,800 |
| 2020 | $5,349.59 | $101,800 |
| 2019 | $5,358.75 | $101,800 |
| 2018 | $5,358.75 | $101,800 |
| 2017 | $5,776.51 | $123,800 |
| 2016 | $5,293.69 | $123,800 |
| 2015 | $5,172.36 | $123,800 |
| 2014 | $5,110.46 | $123,800 |
| 2012 | $4,818.66 | $123,800 |
| 2011 | $4,391.77 | $161,700 |
| 2010 | $4,238.16 | $161,700 |
| 2009 | $4,202.58 | $161,700 |
| 2008 | $4,008.54 | $161,700 |
| 2007 | $3,733.6 | $161,700 |
| 2006 | $0 | $69,000 |
| 2005 | $0 | $69,000 |
| 2004 | $0 | $69,000 |
| 2003 | $0 | $69,000 |
| 2002 | $0 | $69,000 |
| 2001 | $0 | $69,000 |
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