Investor Alert! Strong cap rate and annual return opportunity here. This 2 bedroom 1 bathroom with a tenant already in place and generating solid rental income. The property can produce a annual NOI of approximately $21,800 making it an attractive addition to an investment portfolio. This property needs a rehab and is vacant. Bring your finishing touches and unlock even more potential. With routine upkeep. This income-producing rental is positioned to help you generate consistent monthly cash flow. This property is being sold as part of a larger portfolio with multiple locations throughout New Jersey. Buyers may be eligible for a discount when purchasing more than one property or acquiring the portfolio as a package deal. The seller can also offer creative financing options, including the potential to take over the existing mortgage on these rental properties. Ask about it before or after your tour. Located in a ever increasing , convenient area near local parks, eateries, and entertainment to enjoy from Philadelphia and New Jersey, This rental offers both investment appeal and stable long-term tenants that need housing. The seller is selling AS IS. All units are up to date with TWP CO's and housing where necessary. Seller would like the buyer to use his title company to purchase. Buyer responsible for their own Due Diligence before purchase. Don’t miss this opportunity—schedule your showing today!
For sale
$200,000
3163 Merriel Ave, Camden, NJ 08105
3beds
1,024sqft
Townhouse
Built in 1930
1,124 Square Feet Lot
$202,000 Zestimate®
$195/sqft
$-- HOA
What's special
- 96 days
- 128
- 1
Zillow last checked:
Listing updated:
Listed by:
Carol Terrell 856-534-4238,
Keller Williams - Main Street,
Listing Team: Terrell Group
Source: Bright MLS,MLS#: NJCD2121742
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Basement
- Area: 0
Heating
- Baseboard, Natural Gas
Cooling
- Ceiling Fan(s), Window Unit(s), Electric
Appliances
- Included: Gas Water Heater
- Laundry: In Basement
Features
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 1,024
- Total interior livable area: 1,024 sqft
- Finished area above ground: 1,024
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Concrete, On Street, Alley Access, Driveway
- Uncovered spaces: 2
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Size: 1,124 Square Feet
- Dimensions: 15.00 x 75.00
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 080102200059
- Zoning: R2
- Special conditions: Standard
Construction
Type & style
- Home type: Townhouse
- Architectural style: Colonial
- Property subtype: Townhouse
Materials
- Block
- Foundation: Concrete Perimeter
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1930
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Rosedale
HOA
- Has HOA: No
Location
- Region: Camden
- Municipality: CAMDEN CITY
Financial & listing details
- Price per square foot: $195/sqft
- Tax assessed value: $34,700
- Annual tax amount: $1,279
- Date on market: 7/5/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash
- Inclusions: All Appliances And Fixtures Being Transferred In Their As Is Condition.
- Exclusions: Tenant's Personal Property
- Ownership: Fee Simple
- Total actual rent: 0
Estimated market value
$202,000
$192,000 - $212,000
$1,853/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/5/2026 | Listed for sale | $200,000+135.3%$195/sqft |
Source: | ||
| 5/23/2025 | Sold | $85,000+70%$83/sqft |
Source: Public Record Report a problem | ||
| 10/16/2018 | Listing removed | $50,000$49/sqft |
Source: Candid Realty #1003741654 Report a problem | ||
| 9/28/2018 | Price change | $50,000-16.7%$49/sqft |
Source: Candid Realty #1003741654 Report a problem | ||
| 9/13/2018 | Listed for sale | $60,000$59/sqft |
Source: Candid Realty #1003741654 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $1,279 | $34,700 |
| 2025 | $1,279 +4.1% | $34,700 |
| 2024 | $1,229 +3.5% | $34,700 |
| 2023 | $1,188 +1.9% | $34,700 |
| 2022 | $1,166 +0.4% | $34,700 |
| 2021 | $1,162 +387.5% | $34,700 |
| 2020 | $238 -55.3% | $34,700 |
| 2019 | $533 | $34,700 |
| 2018 | $533 -46.3% | $34,700 |
| 2017 | $993 +3.9% | $34,700 |
| 2016 | $956 +2.5% | $34,700 |
| 2015 | $933 +0.8% | $34,700 |
| 2014 | $925 +7.2% | $34,700 |
| 2013 | $864 +0.3% | $34,700 |
| 2012 | $861 -33.3% | $34,700 |
| 2011 | $1,291 -2.3% | $34,700 +23.5% |
| 2010 | $1,322 +1.5% | $28,100 |
| 2009 | $1,302 | $28,100 |
| 2008 | -- | $28,100 |
| 2007 | -- | $28,100 |
| 2006 | -- | $28,100 |
| 2005 | -- | $28,100 |
| 2004 | -- | $28,100 |
| 2003 | -- | $28,100 |
| 2002 | -- | $28,100 |
| 2001 | -- | $28,100 |
Find assessor info on the county website
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