Homes for sale - 509 LUMBERTON RD, Hainesport, NJ 08036

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William Mercogliano III

themercteam@gmail.com +1(856) 472-9836

Listed by Joseph M McColgan Sr. • Coldwell Banker Realty

$599,000

Est. payment - /mo

3,996 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Coming Soon

Purchase Type For Sale

Square Footage 3,996 sqft

Price per Sqft $149

MLS Listing ID NJBL2089394

Style Colonial

Abv Grd Liv Area 3,996

Year Built 1910

Available Date 2025-06-25

Annual Tax Amount $6,849

Tax Year 2024

Property Sub-Type Detached

Source BRIGHT

Property 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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Location

State NJ

County Burlington

Area Hainesport Twp (20316)

Zoning MULTIPLE UNIT DWELLING

Rooms

Basement Outside Entrance

Interior

Hot Water Natural Gas

Heating Radiator

Cooling Window Unit(s)

Fireplace N

Heat Source Natural Gas

Exterior

Water Access N

Roof Type Shingle

Accessibility Level Entry - Main, 32\"+ wide Doors

Garage N

Building

Foundation Other

Sewer Public Sewer

Water Public

Architectural Style Colonial

Additional Building Above Grade, Below Grade

New Construction N

Schools

High Schools Rancocas Valley Reg. H.S.

School District Rancocas Valley Regional Schools

Others

Tax ID 16-00050 01-00005

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Conventional, Cash

Listing Terms Conventional, Cash

Financing Conventional,Cash

Special Listing Condition Standard

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William Mercogliano III

+1(856) 472-9836

Broker Associate | License ID: 0893537

Broker Associate License ID: 0893537

509 LUMBERTON RD Hainesport, NJ 08036

William Mercogliano III

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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