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$625,000
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Property Description
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. .
Full Property Details
Full Property Details for 509 Lumberton Rd
General
- Sold For: $625,000
- Taxes: $6,849 (2024)
- Status: Closed
- Type: Multi-Family
- Source: BrightMLSPhilly
- MLS ID: NJBL2089394
- Added to Site: 208 day(s) ago
Exterior
- Exterior Features: Exterior Lighting
Parking
- Parking Type: Off Street
Location
- Area: Hainesport Twp (20316)
- Municipality: HAINESPORT TWP
- County: Burlington
- Driving Directions: Rt 38 East to Right on Lumberton Rd
- Location Details: Suburban
School Information
- School District: Rancocas Valley Regional Schools
- High School: Rancocas Valley Reg. H.S.
Heating & Cooling
- Cooling Type: Window Unit(s)
- Cooling Fuel: Electric
- Heating Type: Radiator
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: Colonial
- Architectural Style: Colonial
- Structure Type: Detached
- Construction: Frame
- Basement: Yes
- Basement Entrance: Yes
- Basement Desc.: Outside Entrance
- Foundation: Other
- Roof: Shingle
- Stories/Levels: 0
- Square Feet: 3,996
- Sq. Ft. Source: Assessor
- Living Area: 3,996 Sq. Ft.
- Finished Above Grnd: 3,996 Sq. Ft.
- Year Built: 1910
- Year Built Source: Assessor
Unit Information
- 1 Bedroom Units: 2
- 2 Bedroom Units: 1
- 3 Bedroom Units: 1
Lot Features
- Lot Size Source: Assessor
- Lot Features: Rear Yard
- Zoning: MULTIPLE UNIT DWELLING
- Lot Description: Rear Yard
Financial Considerations
- Price Per Sq. Ft.: $149.9
- Assessment Year: 2024
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $257,000
- Tax Amount: $6,849
- Tax Year: 2024
- Terms: Standard Sale
- Owner Pays: Common Area Maintenance, Insurance, Pest Control, Sewer, Taxes - Real Estate, Water
- Landlord Pays: Common Area Maintenance, Insurance, Pest Control, Sewer, Taxes - Real Estate, Water
- Tax Total Finished Sq. Ft.: 3996
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 5
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Schools
Schools serving 509 Lumberton Rd
School Districts:Hainesport Township School District, Rancocas Valley Regional School District
| Name | Grades | Distance |
|---|---|---|
Hainesport Elementary School 211 Broad Street, Hainesport, NJ 08036 | PK-8 | 0.7 mi |
Rancocas Valley Reg High School 520 Hedding Jacksonville Road, Mount Holly, NJ 08060 | 9-12 | 2.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 509 Lumberton Rd
Date
Details
Price
Change
Source
9/24/2025
Sold
$625,000
4.34%
MLS
6/25/2025
Listed
$599,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
509 Lumberton Road, Hainesport, NJ 08036 (MLS# NJBL2089394) is a Multi-Family property that was sold at $625,000 on September 24, 2025. This property was listed by Joseph "Joe" McColgan from our Moorestown Office.Want to learn more about 509 Lumberton Road? Do you have questions about finding other Multi-Family real estate for sale in Hainesport? You can browse all Hainesport real estate or contact a Coldwell Banker agent to request more information.


