232 W Union St, Burlington, NJ 08016
Local realty services provided by:CENTURY 21 Harris Hawkins & Co.
232 W Union St,Burlington, NJ 08016
$360,000
- 4 Beds
- - Baths
- 1,928 sq. ft.
- Multi-family
- Active
Listed by: jonathan zachary benstead
Office: bhhs fox & roach-marlton
MLS#:NJBL2089624
Source:BRIGHTMLS
Price summary
- Price:$360,000
- Price per sq. ft.:$186.72
About this home
Excellent investment opportunity in Burlington City, NJ that produces a 9% CAP RATE! P&L attached in the documents section.
232 W Union St features two fully occupied rental units with long-term tenants and excellent rental income. Unit A is a 2-bedroom 1 bath unit with electric heat and rents out for $1,750. Unit B is 2-bedroom 1 bath unit with gas heat and rents out for $1,650. All units are well maintained with significant upgrades throughout. All separate utilities in place for tenants with the landlord covering water/sewer, insurance & taxes. Water/Sewer - $1,200, Insurance - $2,356, Taxes $5,603. Conveniently located within minutes of several major highways and the NJ Turnpike offering easy access to Philadelphia. This is an excellent investment opportunity with major upside.
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Home facts
- Year built:1900
- Listing ID #:NJBL2089624
- Added:178 day(s) ago
- Updated:December 13, 2025 at 02:29 PM
Rooms and interior
- Bedrooms:4
- Living area:1,928 sq. ft.
Heating and cooling
- Cooling:Window Unit(s)
- Heating:Baseboard - Electric, Baseboard - Hot Water, Electric, Natural Gas
Structure and exterior
- Year built:1900
- Building area:1,928 sq. ft.
- Lot area:0.05 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$360,000
- Price per sq. ft.:$186.72
- Tax amount:$5,603 (2024)
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