509 Lumberton Road, HAINESPORT, NJ 08036 (MLS # NJBL2089394)
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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 !! .
| DAYS ON MARKET | 1 | LAST UPDATED | 6/20/2025 |
|---|---|---|---|
| YEAR BUILT | 1910 | COMMUNITY | Hainesport Twp (20316) |
| COUNTY | BURLINGTON | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| School District | RANCOCAS VALLEY REGIONAL SCHOOLS |
|---|---|
| High School | RANCOCAS VALLEY REG. H.S. |
| ADDITIONAL DETAILS | |
| AIR | Electric, Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Gas Water Heater |
| AREA | Hainesport Twp (20316) |
| BASEMENT | Exterior Entry, Yes |
| CONSTRUCTION | Frame |
| HEAT | Natural Gas, Radiant |
| PARKING | Off Street |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STYLE | Colonial |
| TAXES | 6849 |
| WATER | Public |
| ZONING | 4 Units |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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