509 Lumberton Road Hainesport, NJ 08036
Listing Courtesy of: BRIGHT IDX / Coldwell Banker Realty / Joseph "Joe" McColgan

  509 Lumberton Road Hainesport, NJ 08036

Active (3 Days)
$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. 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 !!.

MLS #:
NJBL2089394
Taxes
$6,849(2024)
Type
Multifamily
Year Built
1910
Style
Colonial
School District
Rancocas Valley Regional Schools
County
Burlington County

Listed By

Joseph "Joe" McColgan, Coldwell Banker Realty
Source
BRIGHT IDX
Last checked Jun 27 2025 at 7:29 PM GMT-0400
Bathroom Details
Property Features
  • Above Grade
  • Below Grade
  • Foundation: Other
Heating and Cooling
  • Radiator
  • Window Unit(s)
Basement Information
  • Outside Entrance
Exterior Features
  • Frame
  • Roof: Shingle
Utility Information
  • Sewer: Public Sewer
  • Fuel: Natural Gas
School Information
  • High School: Rancocas Valley Reg. H.s.
Living Area
  • 3,996 sqft
Location
   
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Disclaimer: Copyright 2025 Bright MLS IDX. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 6/27/25 12:29