3 Cherokee Dr Browns Mills, NJ 08015
Estimated payment $2,433/month
Total Views
12,818
4
Beds
2
Baths
1,752
Sq Ft
$205
Price per Sq Ft
Highlights
- No HOA
- Baseboard Heating
- 1 Car Garage
- Cooling Available
About This Home
Fantastic Investment Opportunity - Fully Rented 4-Bedroom Home in Browns Mills, NJ - Only $360,000!
Don't miss this incredible opportunity to own a tenant-occupied, income-producing property in the heart of Browns Mills, New Jersey. Priced at just $360,000, this spacious 4-bedroom, 2-bathroom home offers strong rental potential with immediate cash flow from day one.
Featuring a well-maintained layout, this property boasts generous living space, functional updates, and long-term tenant stability. Whether you're looking to grow your portfolio or step into your first investment, this home provides the ideal mix of affordability, size, and reliability. Located in a desirable area with close proximity to Joint Base McGuire-Dix-Lakehurst, parks, shopping, and schools, this is the kind of turnkey investment opportunity that doesn't come around often.
Highlights:
4 bedrooms / 2 full bathrooms
Currently tenant-occupied - start earning income immediately
Great condition and low-maintenance
Strong rental demand in the area
Priced to sell at $360,000
Secure this solid investment before it's gone!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,845
Year Built
- Built in 1974
Lot Details
- 0.37 Acre Lot
- Lot Dimensions are 130 x 124
Parking
- 1 Car Garage
Interior Spaces
- 1,752 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Utilities
- Cooling Available
- Baseboard Heating
- Well
- Electric Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 29-00605-0000-00003
Map
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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 | $5,845 | $190,700 | $39,600 | $151,100 |
| 2024 | $5,485 | $190,700 | $39,600 | $151,100 |
| 2023 | $5,485 | $190,700 | $39,600 | $151,100 |
| 2022 | $5,076 | $190,700 | $39,600 | $151,100 |
| 2021 | $4,869 | $190,700 | $39,600 | $151,100 |
| 2020 | $4,686 | $190,700 | $39,600 | $151,100 |
| 2019 | $4,487 | $190,700 | $39,600 | $151,100 |
| 2018 | $4,335 | $190,700 | $39,600 | $151,100 |
| 2017 | $4,245 | $190,700 | $39,600 | $151,100 |
| 2016 | $4,172 | $111,600 | $25,000 | $86,600 |
| 2015 | $4,138 | $111,600 | $25,000 | $86,600 |
| 2014 | $3,956 | $111,600 | $25,000 | $86,600 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/17/2025 07/17/25 | For Sale | $360,000 | +46.9% | $205 / Sq Ft |
| 04/03/2024 04/03/24 | Sold | $245,000 | -7.5% | $140 / Sq Ft |
| 02/07/2024 02/07/24 | Pending | -- | -- | -- |
| 01/19/2024 01/19/24 | For Sale | $265,000 | 0.0% | $151 / Sq Ft |
| 11/15/2019 11/15/19 | Rented | $1,800 | 0.0% | -- |
| 11/15/2019 11/15/19 | Under Contract | -- | -- | -- |
| 10/17/2019 10/17/19 | For Rent | $1,800 | +6.2% | -- |
| 08/15/2014 08/15/14 | Rented | $1,695 | 0.0% | -- |
| 08/09/2014 08/09/14 | Under Contract | -- | -- | -- |
| 07/20/2014 07/20/14 | For Rent | $1,695 | 0.0% | -- |
| 06/21/2012 06/21/12 | Sold | $215,000 | -- | $120 / Sq Ft |
| 06/18/2012 06/18/12 | Pending | -- | -- | -- |
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | $245,000 | American Land Title | |
| Deed | $215,000 | Foundation Title | |
| Deed | $175,000 | Foundation Title | |
| Bargain Sale Deed | $116,500 | Security First Title Partner | |
| Deed | $92,000 | Surety Title Corporation |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $195,750 | New Conventional | |
| Previous Owner | $217,752 | VA | |
| Previous Owner | $16,822 | FHA | |
| Previous Owner | $173,627 | FHA | |
| Previous Owner | $116,000 | Unknown | |
| Previous Owner | $21,750 | Balloon | |
| Previous Owner | $115,557 | FHA |
Source: Public Records
Similar Homes in Browns Mills, NJ
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 22521262
APN: 29-00605-0000-00003
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