Clementon, NJ 08021 43 S Smith Terrace

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Presented By: RealtyMark Properties
  • MLS# NJCD2089670
  • 04/06/2025
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  • Beds • 4
  • Baths • 2
  • SQFT • 2,140

Home Details

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 been in place for over 10 years and wants to remain, this investment provides guaranteed income with zero vacancy risk. Features include a large kitchen with white cabinetry and granite countertops, updated bathrooms, and oversized living areas. While the property could benefit from some finishing touches, it presents strong upside for appreciation or increased rental value. With annual gross rent of $23,400, property taxes of $6,484, and estimated landlord-paid utilities (water/sewer + trash) at $1,500/year, the Net Operating Income comes to $15,416 annually. Priced at $270,000, the estimated cap rate is 5.71%. Conveniently located near parks, shopping centers, and major highways, this property is a turnkey, stable, income-generating asset with long-term upside in a growing South Jersey rental market.
Presented By: RealtyMark Properties

Interior Features for 43 S Smith Terrace

Bedrooms

Bedrooms Count All Upper Levels3
Bedrooms Count Upper Level 13
Main Level Bedrooms1
Total Bedrooms4

Bathrooms

Bathrooms Half Upper Level 10
Bathrooms Half Main Level0
Bathrooms Half All Upper Levels0
Bathrooms Full Upper Level 11
Bathrooms Full All Upper Levels1
Bathrooms Count Upper Level 11.00
Bathrooms Count All Upper Levels1
Half Baths
Total Baths2

Other Interior Features

LivingAreaSourceAssessor
Below Grade Unfin Area UnitsSquare Feet
Below Grade Unfin SQFT0
Below Grade Unfin SQFT SourceAssessor
Above Grade Finished Area2140
Above Grade Finished Area SourceAssessor
Above Grade Finished Area Unit TypeSquare Feet
BasementUnfinished
Basement (Y/N)Yes
Below Grade Finished Area
Below Grade Finished Area SourceAssessor
Below Grade Finished Area Unit TypeSquare Feet
Central Air Y/NYes
Fireplace Y/NNo
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas

General for 43 S Smith Terrace

Acceptable FinancingCash, Conventional, FHA
AccessibilityNone
Architectural StyleColonial
Association Recreation FeeN
Bathrooms Count Main Level1.00
Bathrooms Full Main Level1
CityCLEMENTON
Condo/Coop Association Y/NNo
Construction MaterialsFrame
Cool FuelElectric
CoolingCentral A/C
CountyCAMDEN
DirectionsBerlin Rd to Smith Terrace
DisclosuresProp Disclosure
ExclusionsTenants Belongings: Personal property, Funiture, any and all items they own.
Federal Flood ZoneX
Full Baths2
Garage Y/NNo
HOANo
HeatingForced Air
Home Warranty Y/NNo
Lease Considered Y/NNo
Levels2
Lot Size Square Feet5001.00
Lot Size UnitsSquare Feet
MLS AreaClementon Boro (20411)
ModificationTimestamp2025-04-15T10:14:36
MunicipalityCLEMENTON BORO
New ConstructionNo
Other StructuresAbove Grade, Below Grade
OwnershipFee Simple
PossessionSettlement, Subject to Existing Lease, Negotiable
Price Per Sq Ft Total AG126.17
Property TypeResidential
School DistrictCLEMENTON BOROUGH PUBLIC SCHOOLS
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Structure TypeDetached
Subdivision NameNONE AVAILABLE
Tax Annual Amount6483.0
Tax Assessed Value143700.0
Tax Lot00026
Tax Year2024
Total SQFT2140
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1985
Year Built SourceAssessor
ZoningRES

Exterior for 43 S Smith Terrace

Foundation DetailsBlock
Land Assessed Value33000.00
Land Use Code
Lot Dimensions50.00 x 100.00
Lot Size Acres0.11
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
PoolNo Pool
Type of ParkingDriveway
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Rachel Shepherd

Price $270,000
MLS#NJCD2089670
List Date 04/06/2025
Property Type Single Family
Phone 703.929.4729
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