This home's estimate is 14% lower than the average sale price ($788K) of 6 comparable homes.
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- Property details
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509 Lumberton Rd, Hainesport, NJ 08036
About this home
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. .
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Market trends in 08036, NJ
Last updated August 2026
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Sale history for 509 Lumberton Rd
$156/sq ft
$156/sq ft
$150/sq ft
$150/sq ft
$50/sq ft
$53/sq ft
$26/sq ft
Tax history for 509 Lumberton Rd
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Property details
Parking
- Parking Information
- Off Street
Interior
- Interior Information
- Living Area Sq.Ft. Source: Assessor
- Basement Information
- Basement: Yes
- Outside Entrance
Exterior
- Property Information
- Total Below Grade Sq. Ft.: 0
- Accessibility Features: Level Entry - Main, 32"+ wide Doors
- Improvement Assessed Value: $159,500
- Ownership Interest: Fee Simple
- Year Built Source: Assessor
- Building Information
- # of Units (Total): 4
- Construction Materials: Frame
- Foundation Details: Other
- Other Structures: Above Grade, Below Grade
- Roof: Shingle
- Structure Type: Detached
- Exterior Information
- Exterior Lighting
- Lot Information
- Lot Features: Rear Yard
- Tidal Water: No
- Land Information
- Land Assessed Value: $97,500
- Above Grade Information
- Finished Sq.Ft.: 3,996
- Finished Sq.Ft. Source: Assessor
- Below Grade Information
- Unfinished Sq.Ft. Source: Assessor
- Finished Sq.Ft. Source: Assessor
Financial
- Tax Information
- Tax Assessed Value: $257,000
- Tax Year: 2024
- Tax Annual Amount: $6,849
- Assessments Information
- Year Assessed: 2024
- Rental Information
- Rent Control: No
Utilities
- Utilities Information
- Cable
- Cooling Type: Window Unit(s)
- Cooling Fuel: Electric
- Radiator
- Heating Fuel: Natural Gas
- Hot Water: Natural Gas
- Sewer Septic: Public Sewer
- Water Source: Public
Location
- Multi Unit Information
- # of One Bedroom Units: 2
- # of Two Bedroom Units: 1
- # of Three Bedroom Units: 1
- # of Units Leased: 4
- Units Furnished: None
- Income Includes: Apartment Rentals, Other
- School Information
- High School: RANCOCAS VALLEY REG. H.S.
- School District Name: RANCOCAS VALLEY REGIONAL SCHOOLS
- High School Source: Listing Agent
- School District Source: Listing Agent
- Location Information
- Directions: Rt 38 East to Right on Lumberton Rd
- Location Type: Suburban
- Municipality: HAINESPORT TWP
Public facts
- Beds: —
- Baths: —
- Sq. Ft.: 3,996
- Stories: 2.0
- Lot Size: 0.95 acres
- Style: Single Family Residential
- Year Built: 1910
- Year Renovated: —
- County: Burlington County
- APN: 1600050 0100005
Around this home
Schools
Public PreK-8 • Assigned • 0.7mi
Public 9-12 • Assigned • 2.6mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 104° expected this year, 15 days in 30 years
54% chance of strong winds in next 30 years
5 unhealthy days expected this year, 7 days in 30 years
Sun exposure
In this area, properties receive around 8.8 hours in June and 4.4 hours in December, placing it below the U.S. average for solar exposure.
Nearby similar homes
New listings for sale in 08036
Home values near 509 Lumberton Rd
| Address | Redfin Estimate |
|---|---|
- Beds | - Baths | 2932 Sq. Ft. | $593,911 |
3 Beds | 1.5 Baths | - Sq. Ft. | $347,254 |
| Address | Redfin Estimate |
|---|---|
4 Beds | 4 Baths | 3262 Sq. Ft. | $566,144 |
- Beds | - Baths | 1868 Sq. Ft. | $423,592 |
| Address | Redfin Estimate |
|---|---|
- Beds | - Baths | 912 Sq. Ft. | $308,405 |
4 Beds | 3 Baths | 2250 Sq. Ft. | $581,609 |
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