Back 5 Alexander Avenue
Off Market

5 Alexander Avenue

Merchantville NJ 08109

2
2000 sq. ft.
5500 sq. ft.
Duplex
Last sold for $290,000
Brian MenchelBrian Menchel, last sold this property on 13 December 2021 after 121 days on market.

Overview

Investor Alert! Beautiful duplex in desirable Merchantville. Gas heat Central Air split systems both just 2 years old. Beautiful new back porch and new Trex deck. (over $40,000 in improvements) This property is fully occupied, long term, very good tenants. 1st floor tenant pays $1300./mo. lease ends 10/31/2021. 2nd floor tenant pays $1050./mo. plus he cuts the lawn, lease ends 02/28/22. Tenants pay gas and electric on split systems; owner pays water, sewer and ccmua.

Features

2 bedrooms
2000 sq. ft. floor area
5500 sq. ft. lot size
Duplex

Estimated Value

Based on this property and similar 2 bedroom duplexes sold in Merchantville over the last 12 months, the estimated median property value of 5 Alexander Avenue is $319.5k.

Median value
$319.5k
Estimated value range
$230k - $341.7k
Median days on market
22
Estimated value trend
-20%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Merchantville. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 5 Alexander Avenue

2021
Sold
$290,000
13 Dec 2021 by Brian Menchel, of Keller Williams Realty - Marlton

Happy sellers in Merchantville

95%
95% of sellers in Merchantville reported that their sale price either exceeded or met their price expectations.

Merchantville stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Merchantville over the last 12 months.

Local market activity for 2 bedroom duplexes in Merchantville

In the last 12 months, 4 two-bedroom duplexes similar to 5 Alexander Avenue, have been sold.

This represents a 300% decrease in two-bedroom duplexes sales when compared to the previous 12 months.

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