
18 Chadwick Ave Bellmawr, NJ 08031
Estimated payment $2,902/month
About This Home
Exceptional investment opportunity: this well-maintained, fully occupied duplex offers strong cash flow and additional income potential through a large, detached garage structure. Both residential units feature 3-bedroom layouts and are currently leased at $1,875 and $2,000 per month, providing stable, consistent rental income. The oversized garage—previously partially leased for storage at $950/month—is currently vacant and offers significant upside for additional rental revenue. With the potential to lease the entire garage space, future owners can further optimize income generation. Each unit is thoughtfully designed with functional floor plans and separate entrances. The rear unit includes a private roof deck, offering a seasonal outdoor living space that enhances tenant appeal and retention. This is a rare opportunity a new owner to offset their mortgage with substantial rental income and an overall stable long-term investment. Whether you’re expanding a portfolio or purchasing your first income-producing property, this duplex offers immediate returns and long-term upside. Submit your offer today and secure a proven income-generating asset.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,580
Year Built
- Built in 1930
Lot Details
- 0.26 Acre Lot
- Lot Dimensions are 80.00 x 139.00
- Property is in good condition
Home Design
- 1,872 Sq Ft Home
- Duplex
- Cape Cod Architecture
- Block Foundation
- Frame Construction
- Shingle Roof
Parking
- 4 Parking Spaces
- 4 Driveway Spaces
Utilities
- Forced Air Heating System
- Natural Gas Water Heater
- Municipal Trash
Listing and Financial Details
- Tax Lot 00021
- Assessor Parcel Number 04-00137-00021
Map
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2024 | $6,570 | $174,000 | $44,000 | $130,000 |
2023 | $6,570 | $174,000 | $44,000 | $130,000 |
2022 | $6,654 | $174,000 | $44,000 | $130,000 |
2021 | $6,784 | $174,000 | $44,000 | $130,000 |
2020 | $6,689 | $174,000 | $44,000 | $130,000 |
2019 | $6,621 | $174,000 | $44,000 | $130,000 |
2018 | $6,516 | $174,000 | $44,000 | $130,000 |
2017 | $6,440 | $174,000 | $44,000 | $130,000 |
2016 | $6,314 | $174,000 | $44,000 | $130,000 |
2015 | $6,193 | $174,000 | $44,000 | $130,000 |
2014 | $6,012 | $174,000 | $44,000 | $130,000 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/18/2025 07/18/25 | For Sale | $425,000 | -- | $227 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Interfamily Deed Transfer | -- | Homestead Title Agency | |
Deed | $160,000 | Homestead Title Agency | |
Deed | $170,000 | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $182,000 | Balloon | |
Previous Owner | $136,000 | No Value Available |
Similar Home in Bellmawr, NJ
Source: Bright MLS
MLS Number: NJCD2097802

APN: 04-00137-0000-00021
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