520 Chapel Cherry Hill, NJ $ 360,000
520 Chapel
$ 360,000
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520 Chapel

Cherry Hill, NJ, 08002
$ 360,000
Bedrooms4 Baths0.0

Monthly Estimate*

$ 2,246

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Multi-Family Home for sale in Cherry Hill, NJ

for $360,000 with 4 bedrooms. This home was built in 1945 on a lot size of 0.17.

Beautifully Renovated Duplex With Flexible Use & Long-Term Tenants Welcome to this updated two-unit duplex in one of Cherry Hills most convenient and commuter-friendly locations. Perfect for both owner-occupants and investors, this property features a completely renovated first-floor unit and a stable, long-term upstairs tenant who would love to remain. The first-floor unit was renovated from top to bottom when the current owners purchased the property, offering an inviting, modern living space. Updates include new flooring, fresh paint, updated lighting, modernized kitchen finishes, and a refreshed full bathroom. The layout features two bedrooms, a bonus room, and an area which the sellers converted into a full custom walk-in closet/dressing room. This unit also enjoys exclusive access to the basement for storage and laundry hookups, as well as exclusive use of the front porch, giving it a private, single-family feel within a multi-family home. The second-floor unit is occupied by long-term tenants, with a lease in place through October 1. They cover their own utilities (except water and sewer) and have expressed interest in remaining, providing stability and future income potential for the next owner. Both units have separate electric panels, individual heating systems, and their own hot water heaters, ensuring clean division of utilities and easy management. The property sits on a corner lot with a spacious yard, offering outdoor enjoyment and additional appeal. Located just minutes from major highways, Cherry Hill Mall, parks, dining, public transportation, and an easy commute into Philadelphia, this duplex benefits from strong year-round rental demand. Whether you're looking to house hack or add a turn-key, income-producing property to your portfolio, 520 Chapel Ave W is an exceptional opportunity in Cherry Hill.

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Multi-Family Active

Price

$ 360,000

Bedrooms

4

Property Type

Multi-Family

Taxes

$ 6,148

Style

Colonial

Lot Size

0.17

Year Built

1945

Town/City

Cherry Hill

County/Region

Camden

MLS | Web ID

NJCD2107244

Features
General
Living Area 1310
Sewer Public Sewer
Heating 90% Forced Air Central
Cooling Window Unit(s)
Utilities Cable TV Available Above Ground
Possession Immediate
Roof Asphalt
Appliances Refrigerator Stove Washer Water Heater Dryer - Gas
Zoning RESIDENTAL
Architectural Style Colonial
Construction Materials Frame
School District CHERRY HILL TOWNSHIP PUBLIC SCHOOLS
Exclusions Seller and Tenants Personal Property
Year Built 1945
Property Subtype Duplex
Tax Year 2025
Ownership Fee Simple
Cool Fuel None
Municipality CHERRY HILL TWP
Accessibility 2+ Access Exits
County CAMDEN
New Construction N
Property Type Multi-Family
Subdivision Name ANDES RUN
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Status ACTIVE
Directions 38 W to (left onto) Chapel Ave W
City CHERRY HILL
Number Of Units Total 1
MLS Area Cherry Hill Twp (20409)
Lot Size Units Square Feet
Lot Size Square Feet 7501.00
Number of Units Leased 1
Tax Annual Amount 6148.0
Home Warranty Y/N N
Two Bedroom 2
Structure Type Detached
Price Per Sq Ft Total AG 274.81
Acceptable Financing Cash FHA Conventional
Rent Control Y/N N
Vacation Rental Y/N N
Virtual Tour https://www.zillow.com/view-imx/824a7675-7ace-4cf0-9402-fae2b52d13f5?initialViewType=pano
Lease Type Gross
Standard Status Active
Year Built Source Assessor
Tax Lot 00009
Total Actual Rent 13200.00
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Interior
Interior Amenities Ceiling Fan(s) Floor Plan - Traditional Wood Floors
Heating Fuel Natural Gas
Basement Full
Flooring Ceramic Tile Solid Hardwood
Hot Water Natural Gas
Basement (Y/N) Y
Heating Y/N Y
Fireplace Y/N N
Central Air Y/N N
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Exterior
Exterior Amenities Sidewalks
Pool No Pool
Water Source Public
Type of Parking On Street
Foundation Details Block
Water View Y/N N
Lot Dimensions 50.00 x 150.00
Lot Size Acres 0.17
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 39400.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 520
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* Excluded Features
List By
Prime Realty Partners

Broker

laurenquinnrealtor@gmail.com

Email

Affordability Calculator

$2,758
Per Month
81%
19%
0%
Monthly Principal & Interest
$2,246
Monthly Property Taxes
$512
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3533632 Elementary School
3533638 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/8/2025$360,000 Listed Price

Map


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520 Chapel, Cherry Hill, NJ, 08002 is a Multi-Family Home for sale at $360,000 with a lot size of 0.17. 520 Chapel has 4 bedrooms, 0.0 baths, and was built in 1945. The property's zip code is 08002 which is in Cherry Hill, NJ