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MLS: #NJCD2121742, Listed By: Carol Terrell, Keller Williams - Main Street, Source:Bright MLS

3163 Merriel Avenue

CAMDEN, NJ 08105
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Bed 3

Bed

Bath 1

Bath

SqFt1,024

Sqft

Acres0.03

Acre(Lot)

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!

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Detail Ic Property Details

Property Type : Residential

Price : $200,000

AD Id : 87640747

MLS Id : NJCD2121742

Beds : 3

Lot Size : 0.03 Acre

Living Area Size : 1,024

Year Built : 1930

County : CAMDEN

Subdivision: Rosedale

  • Map Map

Map

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Feature Features

  • Bedroom Information

    Total beds: 3

    Bathroom Information

    Total Baths: 1 Full Baths: 1

    Room Information

    Rooms Total: 6 Has Basement: Yes Basement: Full
  • Roofing Information

    Asphalt
  • Interior Features

    Roof: Asphalt Appliances: Gas Water Heater Laundry Features: In Basement
  • Heating & Cooling

    Has Heating: Yes Heating: Natural Gas, Baseboard Has Cooling: Yes Cooling: Ceiling Fan(s), Window Unit(s), Electric

  • Building Information

    Year Built: 1930 Building Area Total: 1024 Construction Materials: Block Pool Features: None Private Pool: No

  • Lot Information

    Lot Dimensions: 15.00 x 75.00 Lot Size Acres: 0.03 Lot Size Source: Assessor Lot Size Square Feet: 1124

    Property Information

    Subdivision: ROSEDALE Source Property Type: Residential Postal Code Plus 4: 2407 Property SubType: Townhouse Levels: Two Property Age: 96

  • Listing Price Information

    Listing Price: $200000

  • Tax Information

    Parcel Number: 08-01022-00059 Tax Lot: 00059 Tax Year: 2025 Annual Tax: $1279

  • Parking Information

    On Street

  • Location Information

    Direction: Take Baird Blvd to Westville Ave follow and make a right on to N 32nd ST. Then make a right onto Merriel Ave. Property at end of block on right. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
3227 Highland Avenue, Camden, NJ, 08105 $183,500 2 1 896 896 SqFt
118 S 32nd Street, Camden, NJ, 08105 $260,000 4 2 1,546 1,546 SqFt
2934 Cramer Street, Camden, NJ, 08105 $240,000 4 2 1,408 1,408 SqFt
45 N 28th Street, Camden, NJ, 08105 $245,000 3 1 1,176 1,176 SqFt
2719 High Street, Camden, NJ, 08105 $289,000 5 2 1,824 1,824 SqFt
253 Morse Street, Camden, NJ, 08105 $239,900 3 2 1,600 1,600 SqFt
819 Lois Avenue, Camden, NJ, 08105 $259,000 3 1 1,154 1,154 SqFt
2365 Baird Boulevard, Camden, NJ, 08105 $225,000 3 3 1,292 1,292 SqFt
431 Raritan Street, Camden, NJ, 08105 $174,999 2 1 896 896 SqFt
2000 Cooper Street, Camden, NJ, 08105 $142,500 2 1 980 980 SqFt

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 ByOwner 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 closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright © 2026 Bright MLS. All rights reserved.

ByOwner last updated this listing 07/12/2026 @ 01:41

MLS: NJCD2121742 LISTED BY: Carol Terrell, Keller Williams - Main Street 856-858-2200 SOURCE: Bright MLS

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