Score
0Sicklerville, NJ
12 Hewitt Ln
220K
3 beds
2 baths
1,608 sqft
3 bd • 2 ba • 1,608 sf
This analysis was generated on 1/22/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.
List Price
$219,900
Price/Sq.Ft
$137
Year Built
1986
AI Property Analysis
A comprehensive evaluation of this property's features, market position, and investment potential.
The Good
The property at 12 Hewitt Ln, Sicklerville, NJ offers excellent value at $136.75/sqft, which is significantly below the area average of approximately $200/sqft for similar properties. With 1,608 sqft, it provides ample space compared to the local average of around 1,500 sqft for 3-bedroom homes. The home's location near highways, public transportation, shopping, and restaurants adds to its appeal. The property's flood risk score of 1/10 is exceptionally low, potentially leading to lower insurance costs. The inclusion of central A/C and a 90% efficient forced air heating system adds to the home's comfort and energy efficiency.
The Bad
The property requires "TLC" and is being sold "as-is," indicating potential renovation costs. The seller's requirement for cash or rehab financing suggests significant work may be needed. The home's age (built in 1986) means some systems and features may be outdated or nearing the end of their lifespan. The local schools have low ratings (2-3/10), which could impact resale value and attractiveness to families with children. The property has been on the market for an unusually long time (3276 days), which raises questions about its condition or pricing strategy.
The Ugly
The property has a severe heat risk (7/10) and a major wind risk (6/10), which could lead to higher insurance premiums and potential damage costs. The requirement for the buyer to be responsible for all inspections, certifications, and obtaining a CO (Certificate of Occupancy) suggests potential code violations or significant repair needs. The property's price history shows a concerning trend, having sold for $75,000 in 1997 and $64,500 in 2000, but now listed at $219,900. This large price increase, coupled with the "as-is" condition, raises red flags about potential overvaluation or hidden issues.
Who is this property for?
These details are presented solely for entertainment purposes and are not meant to steer or limit any prospective buyer.
Best For
This property is best suited for experienced investors or DIY enthusiasts with significant renovation experience and capital. It may appeal to buyers looking for a project home in a convenient location with good bones and potential for appreciation after improvements. The property could be ideal for first-time homebuyers willing to put in sweat equity, especially those without children who are less concerned about school ratings. Given the low price per square foot, it could also attract buyers looking to maximize space on a budget.
Not For
This property is not suitable for buyers seeking a move-in ready home or those without the financial resources for potentially extensive renovations. Families prioritizing high-quality schools should look elsewhere due to the low local school ratings. Risk-averse buyers or those unable to qualify for rehab financing should avoid this property. It's also not ideal for remote workers or those highly sensitive to heat, given the severe heat risk score.
Demographics
Area Median Income
$90,318
Property History
Price History
Ownership Timeline
$0Cash Purchase
Feb 13, 2015Ida Nichols, Household Finance Corp IiiUs Bank Trust Na
Sheriffs Deed
Foreclosure
$64,500Financed
Aug 31, 2000Federal Housing AdministrationMelvin C Nichols Jr
Deed
Standard Sale (Purchase/Resales)
$75,000Financed
Jun 27, 1997Nicholas M IannaconeLorraine George
Deed
Standard Sale (Purchase/Resales)
Property Taxes
$4,230
2024 Tax Assessment
4.6%from previous year
Assessed Value$116,700
Tax Rate3.63%
Sunlight Analysis
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Sunlight Analysis
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Schools
Nearby school quality by education level
High
2.0/10
Below AverageFinancials
Monthly Costs
Market Rent (3 bed)
Get a detailed estimate on Zillow$1,290
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Location & Comparables
Subject Property
Comparable Sales
Subject Property
Price
$219,900
Price/sqft
$137
Layout
3 bd•2 ba
Days on market
33 daysat time of analysis
Stats in the Area
Based on 6 comparable properties nearby
Average Price
$335,625
34.5%
Your price is 34.5% below average
Median Price
$350,000
37.2%
Based on 6 recent sales
Price per Sq.Ft
$207
33.9%
Your price is 33.9% below average $/sqft
Comparable Properties
| Address | Price | Sq.Ft | Beds | Baths | $/Sq.Ft | Sale Date |
|---|---|---|---|---|---|---|
| 8 MEADOWOOD LN, SICKLERVILLE, NJ 08081 | $270,000 | 1,408 | 2 | 2 | $19240.2% | 11/4/2024 |
| 18 DREXEL GATE DR, SICKLERVILLE, NJ 08081 | $350,000 | 1,728 | 4 | 2 | $20348.1% | 10/17/2024 |
| 6 DREXEL CT, SICKLERVILLE, NJ 08081 | $335,000 | 1,560 | 3 | 2 | $21557.0% | 9/25/2024 |
| 43 DREXEL GATE DR, SICKLERVILLE, NJ 08081 | $355,750 | 1,728 | 3 | 2 | $20650.5% | 10/10/2024 |
| 12 PEACHTON LN, SICKLERVILLE, NJ 08081 | $350,000 | 1,591 | 4 | 2 | $22060.9% | 9/9/2024 |
| 40 PENFIELD LN, SICKLERVILLE, NJ 08081 | $353,000 | 1,695 | 4 | 2 | $20852.3% | 9/24/2024 |
8 MEADOWOOD LN, SICKLERVILLE, NJ 08081
Price: $270,000
Sq.Ft: 1,408
Beds/Baths: 2/2
$/Sq.Ft:
$19240.2%
Sale Date: 11/4/2024
18 DREXEL GATE DR, SICKLERVILLE, NJ 08081
Price: $350,000
Sq.Ft: 1,728
Beds/Baths: 4/2
$/Sq.Ft:
$20348.1%
Sale Date: 10/17/2024
6 DREXEL CT, SICKLERVILLE, NJ 08081
Price: $335,000
Sq.Ft: 1,560
Beds/Baths: 3/2
$/Sq.Ft:
$21557.0%
Sale Date: 9/25/2024
43 DREXEL GATE DR, SICKLERVILLE, NJ 08081
Price: $355,750
Sq.Ft: 1,728
Beds/Baths: 3/2
$/Sq.Ft:
$20650.5%
Sale Date: 10/10/2024
12 PEACHTON LN, SICKLERVILLE, NJ 08081
Price: $350,000
Sq.Ft: 1,591
Beds/Baths: 4/2
$/Sq.Ft:
$22060.9%
Sale Date: 9/9/2024
40 PENFIELD LN, SICKLERVILLE, NJ 08081
Price: $353,000
Sq.Ft: 1,695
Beds/Baths: 4/2
$/Sq.Ft:
$20852.3%
Sale Date: 9/24/2024
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