- CENTURY 21 Real Estate
- New Jersey
- Burlington
- 403 Wood St
403 Wood St, Burlington, NJ 08016
Local realty services provided by:CENTURY 21 Charles Smith Agency, Inc.
403 Wood St,Burlington, NJ 08016
$235,000
- 4 Beds
- 2 Baths
- 1,816 sq. ft.
- Single family
- Active
Listed by: steven p mccullough i
Office: realtymark properties
MLS#:NJBL2095292
Source:BRIGHTMLS
Price summary
- Price:$235,000
- Price per sq. ft.:$129.41
About this home
403 Wood St, Burlington, NJ 08016
4 Beds | 1 Bath | Offered at $235,000
403 Wood St presents a compelling value-add opportunity in the Burlington market with documented rental performance and clear upside. The property was previously rented for $2,400 per month, producing a 9.7% cap rate as-is, based on current operating expenses including approximately $4,880 in annual taxes and $1,000–$1,200 in estimated insurance.
The home offers potential for increased income and equity through targeted improvements. Estimated updates of $40,000–$60,000—including the roof, gutters, front porch, and bathrooms—support projected market rents of $2,500–$2,600 per month post-renovation.
Seller is open to closing cost assistance or kitchen improvement considerations with a strong offer, providing flexibility for buyers pursuing a renovation strategy.
Comparable attached properties in the immediate area support pricing and upside, with recent sales including 134 Juniper St ($335,000), 422 Locust Ave ($309,500), 239 W Broad St ($305,000), 419 Locust Ave ($300,000), and 213 Conover St ($265,000).
Conveniently located near the Delaware River waterfront with easy access to Route 130, I-295, and the NJ Transit River Line. Suitable for investors seeking reliable cash flow with upside or buyers looking to add value over time.
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Home facts
- Year built:1890
- Listing ID #:NJBL2095292
- Added:149 day(s) ago
- Updated:January 30, 2026 at 02:39 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Full bathrooms:1
- Half bathrooms:1
- Living area:1,816 sq. ft.
Heating and cooling
- Cooling:Wall Unit
- Heating:Hot Water, Oil, Radiator
Structure and exterior
- Roof:Shingle
- Year built:1890
- Building area:1,816 sq. ft.
- Lot area:0.05 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$235,000
- Price per sq. ft.:$129.41
- Tax amount:$4,879 (2024)
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