509 Lumberton Road

HAINESPORT, NJ 08036

  • 0 Bed(s)
  • 0 Bath(s)
  • 3,996 Sqft
$599,000

Description

Opportunity is knocking ..... passive income special !!! this 4-unit dwelling is situated on a 1.14-acre lot in the tax-friendly municipality of hainesport. this 4-plex consists of (1)3-bedroom unit, (1)2-bedroom unit, and (2) 1-bedroom units (one of which is a studio). additionally, the property features a 3-bay detached garage, which can be leased separately, providing an additional steady stream of income. with some updating and remodeling, this 4-unit multi-family property lends itself to a very positive roi.
all units are presently occupied with the present leases in different stages of their lease term ( which are below the comparable market rate). no septic system- public water and sewer! the tenant is responsible for their utilities ( gas /electric) and insurance. the owner is responsible for water/sewer and maintenance of the grounds. additionally, there is ample parking and a full basement. home backs up to treed property line offering a spacious rear yard, a play area, picnic tables, etc. property located rt off of route 38 and most convenient to shopping, eateries, and just minutes to route 295. opportunities like this don't present themselves often. do the math !!
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  • Property Type

    Multi-Family

  • County

    BURLINGTON

  • Style

    Colonial

  • AD ID

    50223044

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Property Details

  • Water/Sewer

    • Water Source : Public

    Interior Features

    • Roof : Shingle
    • Basement Description: Outside Entrance

    Roofing Information

    • Shingle

    Heating & Cooling

    • Cooling: Window Unit(s)
    • Heating: Radiator
    • Cooling Fuel: Electric
    • Heating Fuel: Natural Gas

  • Building Information

    • Year Built: 1910
    • Structure: Detached
    • New Construction: No
    • Total Units: 1
    • Built: 1910
    • Construction Material: Frame
    • Roof: Shingle
    • Foundation/Basement: Other
    • Architecture: Colonial
    • Pool/Private: No Pool
    • Roof Type: Shingle

    Pool Information

    • Pool: No Pool

    Utility Features

    • Sewer: Public Sewer

    Water

    • Water Heat: Natural Gas

  • Lot Information

    • Lot Size: 0
    • Lot Size (Acres): 0.00
    • Architectural Style: Colonial
    • Main Square Feet: 0

    Property Information

    • SQ ft: 3,996
    • SQ ft (Living Area): 3,996
    • Total Lot SQ ft: 0
    • Financing: Conventional,Cash
    • Total Acreage: 0.00
    • New Construction: No
    • Type: Colonial

  • Listing Information

    • Possession: Negotiable
    • Days Of Market: 0

  • Tax Information

    • Annual Tax: $6,849
    • Tax Year: 2024
    • Total Taxes Payment Frequency: Annually

    Possession

    • Negotiable

    Assessment Information

    • Taxes Assessment Amount: $257,000

  • Parking Information

    • Parking Type: Off Street

    Multi-Unit Information

    • Acceptable Financing: Conventional,Cash
    • Roof: Shingle

    Homeowners Association Information

    • Direction: Rt 38 East to Right on Lumberton Rd

  • School Information

    • High School: RANCOCAS VALLEY REG. H.S.
    • School District: RANCOCAS VALLEY REGIONAL SCHOOLS

    Utility Information

    • Water Source: Public
    • Sewer: Public Sewer
    • Cooling Fuel: Electric
    • Heating Fuel: Natural Gas
    • Hot Water: Natural Gas

    Location Information

    • Direction: Rt 38 East to Right on Lumberton Rd
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BuyOwner last updated this listing 06/22/2025 @ 16:21

  • MLS: NJBL2089394
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: BRIGHT MLS

is a Other, with 0 bedrooms which is recently sold, it has 3,996 sqft, 0 sized lot, and 0 parking. are nearby neighborhoods.