509 Lumberton Road, HAINESPORT, NJ 08036 (MLS # NJBL2089394)
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MULTIPLE OFFERS RECEIVED, PLEASE SUBMIT, BEST, AND FINAL BY FRIDAY, JULY 18, 6 pm. 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. Property being conveyed in"AS IS" condition. The seller will be responsible for obtaining the " certificate of occupancy." All units are occupied with the present leases in different stages of their lease term (below the comparable market rate). NO SEPTIC SYSTEM- PUBLIC WATER and SEWER! The tenant is responsible for their utilities ( gas /electric) and tenant's insurance. The owner is responsible for water/sewer and maintenance of the grounds. Additionally, there is ample parking and a full basement. The home backs up to the treed property line, offering a spacious rear yard. Property is located right off of Route 38 and is most convenient to shopping, and eateries, and just minutes to Route 295. Opportunities like this don't present themselves often. DO THE MATH !!Set up all showings through the listing agent. .
| DAYS ON MARKET | 82 | LAST UPDATED | 7/29/2025 |
|---|---|---|---|
| YEAR BUILT | 1910 | COMMUNITY | Hainesport Twp (20316) |
| COUNTY | BURLINGTON | STATUS | Conditional |
| 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 |
| EXTERIOR | Lighting |
| HEAT | Natural Gas, Radiant |
| LOT DESCRIPTION | Back Yard |
| PARKING | Off Street |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STYLE | Colonial |
| TAXES | 6849 |
| UTILITIES | Cable Available |
| WATER | Public |
| ZONING | 4 Units |
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TOTAL MONTHLY PAYMENT
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