12 days on rocket

1226 Magnolia Ave, Camden, NJ, 08103

$170,000

Home List Price

$2,019*

Closing Credit

3 Bedrooms
1 Full Bath, 1 Partial
1,454 SqFt
$117/SqFt
Townhouse

Location

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1226 Magnolia Ave, Camden$170,000

Buyer Closing Credits

$2,019*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingDriveway, On Street
Year Built1920
HeatingForced Air
CoolingCentral Air
BasementYes
MLS #NJCD2075400
Lot Size0.04 Acres
StatusActive
(ACTIVE)

About 1226 Magnolia Ave

Discover a prime CASH FLOWING INVESTMENT OPPORTUNITY! with "The Horn of Plenty" on Magnolia Ave , a tenant-occupied property generating steady income. This traditional brick townhouse, a staple of Camden’s Parkside historic charm, offers immediate landlord potential with an $800/month paying tenant whose lease is secure until December 31st, 2024. Key Features: Tenant Occupied: Enjoy immediate rental income from reliable tenants who consistently pay on time. Recent Updates: New flooring, a modern hot water heater, furnace, and updated roof and gutters ensure minimal maintenance costs. Spacious Layout: The home boasts 3 bedrooms and 1.5 bathrooms, offering ample space for tenants. The finished basement provides extra living or storage space. Charming Interior: Warm, chestnut-like flooring and a cozy interior create an inviting atmosphere that tenants love. Outdoor Space: A spacious backyard offers room for relaxation or further enhancement to increase property value. Potential for Modernization: While the home is move-in ready, there’s still room for additional renovations to increase its appeal and rental value. Perfect for investors looking to step into a stable rental market with a property that has both historical charm and modern comforts. Don't miss this chance to expand your portfolio with a property that promises both immediate returns and long-term value. Essentially Estate Sale. Buyer's are responsible of obtaining CCO and Fire Certification from the City of Camden.

Property Details

Property Features

Property Information:

  • Architectural Style: Straight Thru
  • Year Built: 1920
  • Stories: 2
  • Living Area: 1,454 SqFt

Listing Office:

  • Office Name: Keller Williams Realty - Moorestown
  • Office Phone: (856) 316-1100
  • Listing Agent: Joseph L Wanamaker

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Laminated

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Parking: Driveway, On Street

Lot Features

Lot Information:

  • Lot Size: 0.04 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Camden High School, Public District Grades 9-12
  • Forest Hill Elementary School, Public District Grades PK-6

Other

Directions Information:

  • Directions: Turn Left onto Hadon Ave, Turn Right onto Wildwood Ave, Turn Right onto Magnolia Ave

Municipality:

  • Camden City

Price Information

Listing Price Info

Price Summary:

  • List Price: $170,000
  • Price Per SqFt: $117/SqFt

Tax Information:

  • Annual Amount: $2,564
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Camden, NJ.

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Camden, NJ

City

Med. Sold Price

$130K

Med. Price/SqFt

$112

Avg. Days On Market

47

# of Sold Homes

22

1226 Magnolia Ave vs Camden

12 DAYS ON ROCKET

-35 Days

$170,000

+$40K More

$117/SqFt

+$4 More

KEY TAKEAWAY

This property is $40K more than the Median Sold Price and $4/SqFt more than other homes in Camden, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #NJCD2075400

Listing Office:

  • Office Name: Keller Williams Realty - Moorestown
  • Office Phone: (856) 316-1100
  • Listing Agent: Joseph L Wanamaker

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 9/20/2024, 10:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 17, 2015Home Sold
$70,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,564$84,200
2019$2,550$84,200
2018$2,488$84,200
2017$2,488$84,200

History based on county public records data.

Payment Calculator

$916

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$576

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-161778
1
/10

  • Forest Hill Elementary School

  • 1625 Wildwood Ave

  • 0.07 miles

  • Public District Grades PK-6

High School

school-card-donut-161779
1
/10

  • Camden High School

  • 1700 Park Blvd

  • 0.10 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $30,263. The majority of Camden, NJ residents have income less than $35k annually. The majority of families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1226 Magnolia Ave

What is the listing price of this property?

The listing price of 1226 Magnolia Ave property is $170,000.

What type of property is this?

The property 1226 Magnolia Ave is a townhouse located in Camden, New Jersey, 08103.

Is this property for sale now?

Active Listing: 1226 Magnolia Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1226 Magnolia Ave are:
Forest Hill Elementary School: GreatSchools Rating 1/10
Camden High School: GreatSchools Rating 1/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,564 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on January 17, 2015 for $70,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1226 Magnolia Ave has 3 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 1226 Magnolia Ave is 1,454 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1226 Magnolia Ave is 1920.

Rocket Homes›New Jersey›Camden County›Camden›08103›1226 Magnolia Ave

This home is located at 1226 Magnolia Ave in Camden, NJ and zip code 08103 in the Parkside neighborhood. This 1,454 square foot home, which was built in 1920, sits on a 0.04 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 08, 2024 and is currently priced at $170,000.

Camden, NJ housing market in August 2024 saw over 9 listings sold above listed price, more than 3 sold at listed price and over 10 sold below. The number of listings in Camden, NJ decreased by 6.8% between July 2024 and August 2024. In August 2024, listings were on the market for 47 days. During the same period, the median list price in this real estate market was $130,000.

From Rocket Homes Real Estate and based on county public records data.

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