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$168,400

Beds
2
Baths
2.0
sq ft
1,042

424 Cherry St, Camden, NJ 08103

424 Cherry St

CAMDEN, NJ 08103

  • 56 days on market
    • Price drop $1,500↓
Here it is!! Even more updated! Previous Buyer walked away because scheduling of the Certificate of Occupancy with the City of Camden was a task!! We have the Certificate of Occupancy now and you can occupy as fast as you need to. The property boasts 2 full bathrooms and 2 bedrooms, with a new A/C and heating system and new duct work throughout. New floors, new vanities and appliances complete this home to make in move-in ready . A quiet neighborhood close to the gym, PATCO speed line and NJ Transit. If you're an employee at Cooper Hospital, a student at Rowan Medical School or Rutgers University, it's all right there to explore! Access to Route 676, route 130 and the Ben Franklin Bridge for easy access to Philadelphia, Cherry Hill, etc. Schedule your tour today! This could be your first home. ***This home qualifies for a First-Time Homebuyer Program(1% off interest rate. 0 points & $6,000 Lender Credit. NO PMI) ***

Details

Property type

Townhouse

Est. home value

$50,581

Lot size

1,200 sq ft

Price per sq ft

$162

Year built

1910

Annual property taxes

$949

HOA

No

Price History

02/22/2025
Bright

Bright #NJCD2082664

Price change
$168,400
-0.88%
02/21/2025
Bright

Bright #NJCD2082664

Price change
$169,900
+0.06%
02/21/2025
Bright

Bright #NJCD2082664

Price change
$169,800
-0.06%

Schools & Community

Neighborhood: 

Bergen Square

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

CAMDEN CITY SCHOOLS

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$142,903
Asking price
$168,400
Closing costs (~8% of asking)
-$13,472
Est. remaining loan balance
-$12,025
Cash to seller
$142,903

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

South Jersey Fcu

Loan start date

May 2015

Original loan amount

$30,000

Est. remaining balance

$12,025

Interest rate

2.93%

Loan type

Not Provided, 15 year

Seller

Sheilae M Tibbs

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/03/2025 at 11:45 PM

Listing updated: 02/24/2025 at 10:19 AM

Listed by: Gregory M Eccleston, Real Broker, LLC Phone #: (855) 450-0442

MLS: Bright #NJCD2082664

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