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.
Sold for $191,000
$191,000
40 Chapel Ave, Merchantville, NJ 08109
4beds
2,391sqft
Single Family Residence
Built in 1920
4,300 Square Feet Lot
$321,900 Zestimate®
$80/sqft
$2,593 Estimated rent
Home value
$321,900
$290,000 - $354,000
$2,593/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Jennifer M. Toughill 609-281-7711,
J Morgan Propery Management
Bought with:
Moustafa Aldouri, 1751952
Kay and Jay Realty Inc
Source: Bright MLS,MLS#: NJCD2065968
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 4
Basement
- Area: 0
Heating
- Forced Air, Natural Gas
Cooling
- Wall Unit(s), Electric
Appliances
- Included: Range Hood, Refrigerator, Dishwasher, Gas Water Heater
- Laundry: Main Level
Features
- Eat-in Kitchen
- Flooring: Carpet
- Basement: Unfinished
- Number of fireplaces: 1
Interior area
- Total structure area: 2,391
- Total interior livable area: 2,391 sqft
- Finished area above ground: 2,391
- Finished area below ground: 0
Property
Parking
- Parking features: Other
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Size: 4,300 Square Feet
- Dimensions: 15 x 118
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 240002500018
- Zoning: RES
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Colonial
- Property subtype: Single Family Residence
- Attached to another structure: Yes
Materials
- Frame
- Foundation: Stone
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Merchantville Border
HOA
- Has HOA: No
Location
- Region: Merchantville
- Municipality: MERCHANTVILLE BORO
Financial & listing details
- Price per square foot: $80/sqft
- Tax assessed value: $155,300
- Annual tax amount: $7,878
- Date on market: 4/5/2024
- Listing agreement: Exclusive Right To Sell
- Inclusions: Stove, Dishwasher, Microwave, Fridge
- Exclusions: Washer, Dryer
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 7/10/2024 | Sold | $191,000$80/sqft |
Source: Public Record Report a problem | ||
| 5/6/2024 | Sold | $191,000+6.2%$80/sqft |
Source:  Bright MLS #NJCD2065968 Report a problem | ||
| 4/22/2024 | Pending sale | $179,900$75/sqft |
Source: Bright MLS #NJCD2065968 Report a problem | ||
| 4/5/2024 | Listed for sale | $179,900+224.1%$75/sqft |
Source: Bright MLS #NJCD2065968 Report a problem | ||
| 10/19/2017 | Listing removed | $1,600$1/sqft |
Source: Garden Realty of Haddonfield LLC #7052731 Report a problem | ||
| 9/14/2017 | Listed for rent | $1,600$1/sqft |
Source: Garden Realty of Haddonfield LLC #7052731 Report a problem | ||
| 5/17/2017 | Sold | $55,500-14.5%$23/sqft |
Source: Public Record Report a problem | ||
| 3/20/2017 | Pending sale | $64,900$27/sqft |
Source: Keller Williams - Cherry Hill #6912702 Report a problem | ||
| 3/14/2017 | Price change | $64,900-7.2%$27/sqft |
Source: Keller Williams - Cherry Hill #6912702 Report a problem | ||
| 2/16/2017 | Price change | $69,900-12.5%$29/sqft |
Source: Keller Williams - Cherry Hill #6912702 Report a problem | ||
| 1/16/2017 | Listed for sale | $79,900+79800%$33/sqft |
Source: Keller Williams Realty - Cherry Hill #6912702 Report a problem | ||
| 10/6/2016 | Listing removed | -- |
Source: Auction.com Report a problem | ||
| 4/7/2016 | Price change | $100-99.9% |
Source: Auction.com Report a problem | ||
| 3/29/2016 | Listed for sale | -- |
Source: Auction.com Report a problem | ||
| 6/13/2003 | Sold | $80,100$34/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,545 +3.2% | $155,300 |
| 2024 | $8,276 +7.7% | $155,300 +19.2% |
| 2023 | $7,686 +5.3% | $130,300 |
| 2022 | $7,300 +16.1% | $130,300 -16.1% |
| 2021 | $6,287 +3.9% | $155,300 +19.2% |
| 2020 | $6,050 +17.5% | $130,300 -16.1% |
| 2019 | $5,148 | $155,300 |
| 2018 | $5,148 -18% | $155,300 |
| 2017 | $6,276 +5.3% | $155,300 |
| 2016 | $5,960 +3.8% | $155,300 |
| 2015 | $5,743 +3.3% | $155,300 |
| 2014 | $5,560 +3.8% | $155,300 |
| 2013 | $5,355 +16% | $155,300 |
| 2012 | $4,615 -0.7% | $155,300 +76.3% |
| 2011 | $4,646 +4.4% | $88,100 |
| 2010 | $4,448 +0.1% | $88,100 |
| 2009 | $4,446 | $88,100 |
| 2008 | -- | $88,100 |
| 2007 | -- | $88,100 |
| 2006 | -- | $88,100 |
| 2005 | -- | $88,100 |
| 2004 | -- | $88,100 |
| 2003 | -- | $88,100 |
| 2002 | -- | $88,100 |
| 2001 | -- | $88,100 |
Find assessor info on the county website
Neighborhood: 08109
Nearby homes
- $240,6003 bd1 ba1.3k sqft38 Chapel Ave, Merchantville, NJ 08109Off Market
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Nearby schools
GreatSchools rating
- 5/10Merchantville Elementary SchoolGrades: PK-8Distance: 0.1 mi
Schools provided by the listing agent
- District: Merchantville Public Schools
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$321,900
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Estimated market value
$321,900
- New Jersey
- Camden County
- Pennsauken
- 08109
- 40 Chapel Ave
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