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116 Thornwood Dr, Mount Laurel, NJ, 08054

2beds
2baths
1,140sqft
$245,000
$215price/sqft
$1,924/moest. monthly cost
$76,960/yrincome needed

About This Home

Come and see this ready to go unit in an active adult community. Beautiful, move-in ready in Renaissance Club! Well maintained upper 2 bedroom unit. Brand new carpeting and freshly painted throughout. Spacious living room with sliding doors to balcony. Dining room has a pass thru window and chandelier. Kitchen has full appliance package, pantry, and breakfast bar. Primary bedroom with large walk-in closet and pull down steps to the attic. Primary bathroom is a walk-in shower with large vanity. 2nd bedroom has a full bath with tub and glass doors. Extra wide sliding door to extra wide with full daytime sunlight. Balcony has a generous sized storage closet. Come and see this ready to go unit in and active adult community. Schedule your appointment today!

Getting Around

63
WalkingSomewhat Walkable
0
TransitVery Limited Transit
39
BikeSomewhat Bikeable

Schools

5/10
5/10
5/10
Lenape High SchoolGrades 9-123.7 mi

Construction

Condition

  • Property condition: Very Good,Excellent
  • Year built: 1989

Materials

  • Roof: Asphalt
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Microwave,Refrigerator,Cooktop,Washer,Water Heater,Dryer,Gas Water Heater
  • Laundry features: Washer In Unit,Has Laundry,Dryer In Unit,In Unit

Basement

  • Area: 0

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 2
  • Main level bedrooms: 2

Features

  • Soaking Tub,Breakfast Area,Built-in Features,Ceiling Fan(s),Combination Dining/Living,Dining Area,Open Floorplan,Kitchen - Table Space,Walk-In Closet(s),Cathedral Ceiling(s),Vaulted Ceiling(s)
  • Door features: Sliding Glass
  • Window features: Double Pane Windows
  • Flooring: Carpet
  • Finished area below ground: 0
  • Finished area above ground: 1,140
  • Common walls with other units/homes: 2+ Common Walls,No One Above

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Central Air,Electric

Interior Area

  • Total structure area: 1,140
  • Total interior livable area: 1,140 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 2400301 1900001C0116
  • Attached to another structure: Yes
  • Zoning: RES
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Pool features: Community

Lot

  • Features: Middle Of Block
  • Lot size dimensions: 0.00 x 0.00

Parking

  • Parking features: Permit Included,Assigned,Parking Lot

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

  • Strong Wind
    Strong WindRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Strong Wind
Winter Weather
Cold Wave
Heat Wave
Inland Flooding
Ice Storm
Lightning
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 $1,238$14,856
Home Insurance *$71$852
Property Taxes $422$5,064
Electricity $193$2,318
Total$1,924$23,088
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$65,965/yr
40% on housing$57,720/yr
45% on housing$51,306/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: 7.8%
7.8%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: -2.0%
-2.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$215This listing

vs Other Active Listings

Avg $/sqft

ZIP 08054$202
Burlington County$217

vs Homes Sold Last Month

Median $/sqft

ZIP 08054$278
Burlington County$240

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
2026-03-26Listed for sale$249,900

For Sale by Agent

AgentAnthony Balboni, Sr.
BrokerageKey Properties Real Estate

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