18 Chadwick Ave Bellmawr, NJ 08031
Estimated payment $2,859/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 $2,100 per month, providing stable, consistent rental income. The oversized garage—previously partially leased for storage at $925/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 |
|---|---|---|---|---|
| 2025 | $6,581 | $174,000 | $44,000 | $130,000 |
| 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 Homes in Bellmawr, NJ
Source: Bright MLS
MLS Number: NJCD2097802
APN: 04-00137-0000-00021
- 60 E Browning Rd
- 40 E Chestnut Ave
- 18 E Maple Ave
- 29 E Maple Ave
- 26 Wilson Ave
- 126 Oak Ave
- 208 2nd Ave
- 53 Apple Ave
- 309 Oakland Ave
- 12 E 10th Ave
- 1644 Oak Ave
- 1501 Cedar Ave
- 1509 Chestnut Ave
- 1500 Oak Ave
- 305 W 4th Ave
- 1501 Oak Ave
- 1545 Maple Ave
- 1839 Prospect Ridge Blvd
- 1912 S Park Ave
- 512 Lincoln Ave
- 300 Saunders Ave
- 1001 N Black Horse Pike
- 279 S Black Horse Pike
- 2101 Reamer Dr Unit 1
- 2101 Reamer Dr Unit 2
- 424 N Black Horse Pike Unit 470
- 424 N Black Horse Pike Unit 418
- 2101 Reamer Dr
- 430 W Browning Rd
- 918 E Clements Bridge Rd
- 13 S Black Horse Pike Unit 1B
- 171 Pine Ave
- 171 Pine Ave Unit A
- 1200 Clements Bridge Rd
- 520 Walnut St
- 28 W Buckingham Ave
- 421 Clements Bridge Rd
- 419 Clements Bridge Rd Unit B
- 27 8th Ave Unit 1
- 23 7th 2nd Fl Ave Unit 2