$4,358 Closing Credit¹
#NJCD2082862, Kenneth F LePosa II, Listing Office: Coldwell Banker Realty
$325,000 List price
121 Palmwood Ave Cherry Hill, NJ 08003
$3,859
Closing credit¹
3 beds
1 full, 1 partial
1,130 sqft
0.2 acres
$288 / sqft
House
Property details
About 121 Palmwood Ave
Turnkey Investment Opportunity (Lease Ends July 2026) – Cash-Flowing & Low Maintenance! Seize this incredible chance to own a tenant-occupied, income-producing property in the commutable Cherry Hill, NJ area! This well-maintained home is a hassle-free investment, delivering steady rental income from day one. With low-maintenance upkeep and a prime location, this property is perfect for seasoned investors or those looking to expand their portfolio with a reliable, cash-flowing asset. Cherry Hill’s strong rental demand ensures long-term value and consistent returns. Don’t miss out on this turnkey investment—secure your next profitable property today! Contact us for details and schedule an appointment.
Highlights
Home typeSingle Family Residence
HeatingForced Air
StatusAccepting Backup Offers
(ACTIVE UNDER CONTRACT)
(ACTIVE UNDER CONTRACT)
CoolingCentral Air
Size1,130 sqft
Lot size0.17 Acres
Year built1950
ParkingDriveway
MLS #NJCD2089764
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 1
- Basement: No
- Total Bedroom Count: 3
- Parking: Driveway
- Architectural Style: Cape Cod
- Heating: Forced Air
- Cooling: Central Air
- List Price: $325,000
- Price/SqFt: $287
- Annual Tax Amount: $5,672
- Tax Year: 2024
- Directions: 3rd Ave and Palmwood Ave
- Year Built: 1950
- Stories: 2
- Living Area: 1,130 SqFt
- Municipality: Cherry Hill Twp
- Lot Size: 0.17 Acres
- MLS Number: NJCD2089764
- MLS Name: BRIGHT
- Office Name: KW Empower
- Office Phone: (215) 627-3500
- Office Email: vicki@kwempower.com
- Listing Agent: Vincent Kates Jr.
- Agent Phone: (484) 574-0721
- Agent Email: vincent@vincentkatesgroup.com
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/7/2025, 12:21:02 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$325,000
121 Palmwood Ave
$3,859
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jul 14, 2022 | Home Sold | $271,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $135,000 | $5,672 |
| 2022 | $135,000 | $5,533 |
| 2021 | $135,000 | $5,464 |
| 2020 | $135,000 | $5,466 |
| 2019 | $135,000 | $5,448 |
History based on county public records data.
Nearby schools
6
Horace Mann Elementary School
Public District KG-5
0.3 mi
•150 Walt Whitman Blvd
7
Osage School
Public District KG-5
0.8 mi
•112 Somerdale Rd
6
Woodcrest Elementary School
Public District KG-5
0.9 mi
•400 Cranford Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $60,274. Residents of Cherry Hill, NJ typically earn between $35k-100k each year. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
31%
<35k
41%
35k-100k
27%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
33%
Single, No Kids
10%
Single, with Kids
31%
Married, No Kids
26%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
13%
<11 yrs old
9%
12-17 yrs old
20%
18-34 yrs old
44%
35-64 yrs old
14%
65+ yrs old
What do the neighbors do for fun?
Hiking/backpacking
Symphony or Opera
PGA/LPGA
Where do the neighbors shop?
Nordstrom Rack
Chico's
Stein Mart
Where do the neighbors go to eat?
Chipotle
Boston Market
Bonefish Grill
What do the neighbors drive?
Mazda
Volvo
Lincoln
What do the neighbors listen to?
Rock
Talk/Personality
Classical
All data provided by Home Junction and Claritas
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Frequently asked questions
About 121 Palmwood Ave
The listing price of 121 Palmwood Ave property is $325,000.
The property 121 Palmwood Ave is a house located in Cherry Hill, New Jersey, 08003.
Accepting Backup Offers: 121 Palmwood Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
The nearby schools for 121 Palmwood Ave are: Horace Mann Elementary School (GreatSchools Rating 6/10), Osage School (GreatSchools Rating 7/10), Woodcrest Elementary School (GreatSchools Rating 6/10), Lawnside School (GreatSchools Rating 2/10), Somerdale Park School (GreatSchools Rating 4/10), Magnolia Public School (GreatSchools Rating 6/10), Sterling High School (GreatSchools Rating 2/10), Eastern Regional High School (GreatSchools Rating 6/10), Cherry Hill High School East (GreatSchools Rating 6/10).
According to the records, the last property tax for 2024 is $5,672 (source: MLS/based on county public records data).
The last sale was on July 14, 2022 for $271,000 (source: MLS/tax record).
The property at 121 Palmwood Ave has 3 bedrooms and 1 full and 1 half bathrooms.
The property 121 Palmwood Ave is 1,130 SqFt (source: MLS/tax record).
The year of construction for 121 Palmwood Ave is 1950.
This home is located at 121 Palmwood Ave in Cherry Hill, NJ and zip code 08003. This 1,130 square foot home, which was built in 1950, sits on a 0.17 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 4, 2025 and is currently priced at $325,000.
In April 2025 in Cherry Hill, NJ there were 96.7% more homes for sale than in March. The median list price of listings available in April 2025 was $484,900, while the average time on the real estate market was 37 days.
From Rocket Homes Real Estate and based on county public records data.