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1405 Norris St, Camden, NJ, 08104

2beds
1baths
1,107sqft
$175,000
$158price/sqft
$1,550/moest. monthly cost
$62,000/yrincome needed

About This Home

**Video of this unit is available**. 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 is producing an annual NOI of approximately $18,200 making it an attractive addition to an investment portfolio. 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!

Getting Around

79
WalkingVery Walkable
42
TransitSome Transit
48
BikeSomewhat Bikeable

Schools

1/10
1/10
Camden High SchoolGrades 9-120.4 mi

Construction

Condition

  • Property condition: Very Good,Good,Average
  • Year built: 1908

Materials

  • Foundation: Concrete Perimeter
  • Roof: Asphalt
  • Construction materials: Block

Notable Dates

  • Major remodel year: 2014

Type & Style

  • Home type: Townhouse
  • Architectural style: Colonial
  • Property subType: Townhouse

Interior

Appliances

  • Appliances included: Gas Water Heater
  • Laundry features: In Basement

Basement

  • Area: 0

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Finished area below ground: 0
  • Finished area above ground: 1,107

Heating & Cooling

  • Heating features: Baseboard,Natural Gas
  • Cooling features: Ceiling Fan(s),Window Unit(s),Electric

Interior Area

  • Total structure area: 1,107
  • Total interior livable area: 1,107 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 080133000003
  • Zoning: R2
  • Special condition: Standard
  • Exclusions: Tenant's Personal Property

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None
  • Fencing: Chain Link

Lot

  • Lot size: 518 sqft
  • Lot size dimensions: 13.00 x 40.00

Parking

  • Parking features: On Street
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Heat Wave
    Heat WaveModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Inland Flooding
Winter Weather
Heat Wave
Tsunami

FEMA Declared Disasters Across New Jersey Counties

Fire
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $884$10,608
Home Insurance *$113$1,356
Property Taxes $360$4,320
Electricity $193$2,318
Total$1,550$18,600
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$53,142/yr
40% on housing$46,500/yr
45% on housing$41,333/yr

New Jersey FAIR Plan Programs

New Jersey Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,029Commercial: 173
Total Premiums$5.54M
Total Exposure$1.19B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.1%
8.1%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: -2.1%
-2.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$158This listing

vs Other Active Listings

Avg $/sqft

ZIP 08104$104
Camden County$192

vs Homes Sold Last Month

Median $/sqft

ZIP 08104$165
Camden County$224

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-06Listed for sale$175,000
2024-07-16Listing removed--
2024-06-25Listed for rent$1,700
2023-09-11Listing removed--
2023-07-26Listed for rent$1,700
2023-07-11Sold$60,000
2019-04-17Sold$300
2013-06-04Sold$15,500
2013-02-22Listing removed$20,900
2013-01-09Listed for sale$20,900

For Sale by Agent

AgentCarol Terrell
BrokerageKeller Williams - Main Street

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