43 S Smith Terrace
Clementon, NJ 08021
- 4 beds
- 2 baths
- 2,140 sqft
- 5,001 sqft lot
- $126 per sqft
- 1985 build
Investor Opportunity – Income-Producing 4BR/2BA Rental with Long-Term Tenant This spacious 4-bedroom, 2-bathroom property offers 2,140 sq. ft. of living space with a solid foundation and excellent value-add potential. Currently rented at $1,950/month to a long-term Section 8 tenant who has occupied the home for over 10 years and wishes to remain, this investment provides guaranteed income and minimal vacancy risk. Features include a large kitchen with white cabinetry and granite countertops, updated bathrooms, and generously sized living areas. While the property may benefit from some finishing touches, it presents strong upside for appreciation or increased rental value. With annual taxes of $6,484 and priced at $295,000, the estimated cap rate is approximately 6.3%. Conveniently located near parks, shopping centers, and major highways, this property offers a stable, income-generating asset with long-term potential in a growing rental market.
Last checked:
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Last updated Apr 14, 2025
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MLS# NJCD2089670 —
The Building
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Year Built:1985
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Year Built Source:Assessor
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New Construction:No
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Construction Materials:Frame
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Structure Type:Detached
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Architectural Style:Colonial
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Levels:2
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Accessibility Features:None
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Foundation Details:Block
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Basement:Yes
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Basement Type:Unfinished
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Total SqFt Source:Assessor
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Total Below Grade SqFt Source:Assessor
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Above Grade Finished Area Units:Square Feet
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Above Grade Finished SqFt:2140
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Above Grade Finished SqFt Source:Assessor
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Below Grade Finished Area Units:Square Feet
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Below Grade Unfinished Area Units:Square Feet
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Below Grade Finished SqFt Source:Assessor
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Below Grade Unfinished SqFt Source:Assessor
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Tax Total Finished SqFt:2140
Interior
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Fireplace:No
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Living Area SqFt Source:Assessor
Room Dimensions
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Total SqFt:2140
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Living Area SqFt:2,140 Sqft
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:Cash, Conventional, FHA
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Possession:Settlement, Subject to Existing Lease, Negotiable
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Lease Considered:No
Location
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Directions:Berlin Rd to Smith Terrace
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Latitude:39.80162642
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Longitude:-74.97252439
The Property
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Property Type:Residential
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Lot Size Units:Square Feet
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Lot Size Acres:0.11
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Lot Size Source:Assessor
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Lot Size Dimensions:50.00 x 100.00
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Lot Dimensions Source:Assessor
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Lot SqFt:5,001 Sqft
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Exclusions:Tenants Belongings: Personal property, Funiture, any and all items they own.
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Federal Flood Zone:X
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Zoning:RES
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Other Structures:Above Grade, Below Grade
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Waterview:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (856) 437-9337
- Office phone:
- (856) 322-0200
Taxes
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Tax ID Number:11-00097-00026
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Tax Year:2024
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Tax Lot:00026
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Tax Annual Amount:$6,483
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Tax Assessed Value:$143,700
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Year Assessed:2024
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Total Taxes Payment Frequency:Annually
Beds
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Bedrooms:4
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Bedrooms Main Level:1
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Upper Level Bedrooms:3
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Upper Level 1 Bedrooms:3
Baths
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Total Baths:2
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Full Baths:2
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Main Level Baths:1.00
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Main Level Full Baths:1
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Upper Level Full Baths:1
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Upper Level Total Baths:1
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Upper Level Total Baths:1.00
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Upper Level Full Baths:1
Heating & Cooling
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Cooling Type:Central A/C
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Central Air:Yes
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Cooling Fuel:Electric
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Heating:Yes
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Heating Type:Forced Air
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Heating Fuel:Natural Gas
Utilities
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Sewer/Septic:Public Sewer
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Hot Water:Natural Gas
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Water Source:Public
Schools
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School District Name:Clementon Borough Public Schools
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School District Source:Listing Agent
The Community
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Subdivision Name:None Available
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Senior Community:No
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Pool:No Pool
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Association Recreation Fee:No
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HOA:No
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Condo/Coop Association:No
Parking
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Garage:No
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Type of Parking:Driveway
Extra Units
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Vacation Rental:No
Monthly cost estimate

Asking price
$270,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$1,445
|
Taxes | $540 |
Insurance | $74 |
Utilities | $278 See report |
Total | $2,337/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
4/14/25
Apr 14, 2025
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Price Changed | BRIGHT | $270,000 | -8.5% |
4/6/25
Apr 6, 2025
|
Listed / Active | BRIGHT | $295,000 |