About this home

5 Locust Court presents a solid opportunity for a buyer seeking an occupied property with current rental income in place. The home is tenant-occupied through November, with the current tenant paying $1,500 per month. This two-story townhouse offers a functional layout with a living room, fireplace, eat-in kitchen, laminate-style flooring, and a private fenced outdoor area. Recent improvements include a newer roof installed approximately two years ago and a newer kitchen, adding meaningful value to the property's overall condition and long-term appeal. The property appears to be in livable rental condition with room for cosmetic improvement over time. It may appeal to buyers looking for current income, future owner-occupancy potential, or a longer-term hold, subject to current or future association rules regarding rentals. Property is being sold subject to the existing tenancy. Buyer responsible for verifying all lease terms, HOA information, taxes, condition, improvements, and financials.

Facts and features

Schools

• Winslow Twp High School

  high · 9-12 · 3.2 mi

  2

• Winslow Twp Middle School

  middle · 7-8 · 3.5 mi

  3

• South Jersey Christian Academy

  elementary · PK-8 · 0.6 mi

• Winslow Township School No. 3 Elementary School

  elementary · K-3 · 0.8 mi

  3

• South Jersey Christian Academy

  elementary · K-8 · 0.7 mi

• Bright Beginnings Academy

  elementary · PK-K · 1.3 mi

Price history

• May 22, 2026 · Listed$199,900
• Nov 20, 2009 · Sold$72,000
• Feb 1, 2005 · Sold$54,900
• Aug 25, 1989 · Sold$44,028
• Jan 15, 1987 · Sold$42,000
• Mar 1, 1979 · Sold$28,500

Tax history

• 2025$1,615 tax · $40,600 assessed
• 2024$1,584 tax · $40,600 assessed
• 2023$1,542 tax · $40,600 assessed
• 2022$1,494 tax · $40,600 assessed
• 2021$1,477 tax · $40,600 assessed
• 2020$1,464 tax · $40,600 assessed
• 2019$1,455 tax · $40,600 assessed
• 2018$1,436 tax · $40,600 assessed

Home value

$198,000

• Collateral Analytics$198,000
• Quantarium$181,618
• Cotality$198,600

Where it is