OFF MARKET

Off Market Jul 2021 for $364K

—

Est. refi paymentEst. refi $2,335/mo

•

—

sq ft

1506 New Rd, Northfield, NJ 08225

About this home

Prime investment opportunity! 4 unit multi-family property in a convenient location in Northfield! Currently all four units are occupied. Units are very comfortable and compact. There is separate gas and electric meters for all units. Plenty of onsite parking lot adjacent to the building with six spots. There is one coin operated washer and dryer for the entire building for all tenants to access. Mechanicals in basement. Exceptional rental history. Income and Expense in associated documents. Need 24 hour notice to show!

Multi-familyProperty Type

3 spacesParking

Listed by MARY LOU FERRY WIMMER • FARLEY and FERRY REALTY, INC

Bought with MICHAEL BURNS • BURNS PROPERTY GROUP, LLC

Redfin checked: a minute ago

•Source:SJSRMLS #551413

Redfin Estimate

There isn’t enough information to generate an accurate estimate at this time. Learn More

Market trends in 08225, NJ

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

98.6%

+0.3% MoM

Median sale price

$425K

$11K MoM

Avg. days on market

64d

19 days MoM

Recently sold homes

1 MoM

New listings for sale

NEW 3 HRS AGO
$469,900
3 beds2 bathssq ft
701 W Mill Rd, Northfield, NJ 08225
NEW 27 HRS AGO
$375,000
3 beds2 bathssq ft
2221 Zion, Northfield, NJ 08225
$799,000
4 beds4 bathssq ft
12 Oakview Dr, Northfield, NJ 08225
3D WALKTHROUGH
$829,000
5 beds3.5 bathssq ft
1607 Shore Rd, Northfield, NJ 08225
See all

Provided by Redfin

Sale history for 1506 New Rd

Date

Event

Price

APPFOLIO #3

Jul 26, 2024

Rental Removed

$2,000

Jul 12, 2024

Listed for Rent

$2,000

APPFOLIO #2

Jan 26, 2024

Rental Removed

$1,250

Jan 20, 2024

Listed for Rent

$1,250

RENT. #1

May 19, 2022

Price Changed

$1,400

Public Records

Sep 16, 2021

Sold

$364,000

SJSRMLS #551413

Jul 29, 2021

Sold

$364,000

Jun 10, 2021

Contingent

—

Jun 2, 2021

Listed

$399,000

Public Records

Nov 7, 1996

Sold

$90,000

Public Records

Feb 13, 1986

Sold

$80,000

Year

Property tax

Land + Additions

Assessment*

2025

$10,442 (+5.2%)

$110,400 + $166,000

$276,400

2024

$9,928 (+1.3%)

$110,400 + $166,000

$276,400

2023

$9,798 (+1.5%)

$110,400 + $166,000

$276,400

2022

$9,652 (+1.1%)

$110,400 + $166,000

$276,400

2021

$9,550 (−0.4%)

$110,400 + $166,000

$276,400

2020

$9,586 (+1.7%)

$110,400 + $166,000

$276,400

2019

$9,422 (+1.8%)

$110,400 + $166,000

$276,400

2018

$9,254 (+3.4%)

$110,400 + $166,000

$276,400

2017

$8,947 (+4.2%)

$110,400 + $166,000

$276,400

2016

$8,590 (+5.5%)

$110,400 + $166,000

$276,400

2014

$8,143

$115,000 + $166,000

$281,000

Tax history for 1506 New Rd

Year

Property tax

Land + Additions

Assessment*

2025

$10,442 (+5.2%)

$110,400 + $166,000

$276,400

2024

$9,928 (+1.3%)

$110,400 + $166,000

$276,400

2023

$9,798 (+1.5%)

$110,400 + $166,000

$276,400

2022

$9,652 (+1.1%)

$110,400 + $166,000

$276,400

2021

$9,550 (−0.4%)

$110,400 + $166,000

$276,400

2020

$9,586 (+1.7%)

$110,400 + $166,000

$276,400

2019

$9,422 (+1.8%)

$110,400 + $166,000

$276,400

2018

$9,254 (+3.4%)

$110,400 + $166,000

$276,400

2017

$8,947 (+4.2%)

$110,400 + $166,000

$276,400

2016

$8,590 (+5.5%)

$110,400 + $166,000

$276,400

2014

$8,143

$115,000 + $166,000

$281,000

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

—

Baths

—

Stories

Lot width

51 ft.

Lot depth

162 ft.

Lot size

8,263 Sq. Ft.

Year renovated

—

Sq. Ft.

2,453

Year built

—

Style

Multi-Family (5+ Unit)

County

Atlantic County

APN

1800095 00054

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jun 22, 2026.

Property details

Parking

Parking Information
Exterior Parking: Three or More Cars
Garage: None

Interior

Interior Features
Curtains, Drapes, Shades, Other (See Remarks)
Dishwasher, Dryer, Gas Stove, Refrigerator, Self-Cleaning Oven, Washer

Room Information
Den/TV Room, Eat-In Kitchen, Kitchen, Laundry/Utility Room, Living Room

Basement Information
Full, Plumbing

Heating & Cooling
A/C: Central
Heating: Natural Gas

Multi-Unit Information
# of 1-Bedroom Units: 2
# of 2-Bedroom Units: 1
# of Efficiency Units: 1
# of Units: 4
Total Expense: $6,019
Total Income: $43,560
Annual Insurance Paid By: Owner
Annual Insurance: $1,849
Annual Taxes Paid By: Owner
Annual Taxes: $9,586

Unit 1 Information
# of Baths: 1
# of Bedrooms: 1

Unit 2 Information
# of Baths: 2
# of Bedrooms: 2
Level: Upper

Unit 3 Information
# of Baths: 1

Unit 4 Information
# of Baths: 1
# of Bedrooms: 1

Exterior

Building Information
Age: 21-25 Years

Exterior Features
Curbs, Shed, Sidewalks
Siding/Exterior: Other (See Remarks)

Property Information
For Sale
Suitable For: Multi Family + Rooms, Other (See Remarks)

Property Features
Driveway: Concrete
Storms/Screens: Combination

Lot Information
Lot Dimensions: 51 x 162
Waterfront: No
Zoned: O-PB

Financial

Taxes/Assessments Information
LVT Date: 2021-06-02

Lease/Rental Information
Rental Information: 100% Occupancy, Security Deposit, Yearly

Utilities

Utility Information
Separate Meters: Electric, Gas
Sewer: Public
Water: Public
Water Heater: Gas

Public facts

Beds: —
Baths: —
Sq. Ft.: 2,453
Stories: 2.0
Lot Size: 8,263 square feet
Style: Multi-Family (5+ Unit)
Year Built: —
Year Renovated: —
County: Atlantic County
APN: 1800095 00054

Home facts updated by county records on Jun 22, 2026

Other

Available Documents
Lease Information
Lead Base Paint

Listing Information
Bank Owned/Foreclosure: No
Photo Count: 16

Around this home

Schools

Northfield Community Elementary School

Public PreK-4 • Assigned • 0.4mi

5/10

Northfield Community Middle School

Public 5-8 • Assigned • 0.4mi

6/10

Mainland Regional High School

Public 9-12 • Assigned • 2.2mi

7/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

8/10 Heat Factor

7 days above 97° expected this year, 16 days in 30 years

8/10 Wind Factor

80% chance of strong winds in next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 2 days in 30 years

Provided by First Street

Historical weather

Northfield, NJ • 08225

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

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.

8.8 hrs

4.4 hrs

JuneDecember

Provided by Shadowmap

Is this your home?

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Home values near 1506 New Rd

Data from public records.

Address	Redfin Estimate
428 Northfield Ave, Northfield, NJ 3 Beds \| 1 Baths \| - Sq. Ft.	$300,408
407 Park Ln, Northfield, NJ 3 Beds \| 2 Baths \| 1368 Sq. Ft.	$368,883

Address	Redfin Estimate
418 Northfield Ave, Northfield, NJ 4 Beds \| 2 Baths \| - Sq. Ft.	$432,914
403 Park Ln, Northfield, NJ 3 Beds \| 2 Baths \| - Sq. Ft.	$408,884

Address	Redfin Estimate
430 Northfield Ave, Northfield, NJ - Beds \| - Baths \| 1008 Sq. Ft.	$327,121
405 Park Ln, Northfield, NJ 3 Beds \| 1 Baths \| - Sq. Ft.	—

Property information provided by undefined .

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