Great investment opportunity! 4 Family located on a corner lot - fully occupied with long term tenants. Each tenant is on month to month lease, pays their own utilities, each with separate meters and private entrances.
Multi-familyProperty Type
1930Year Built
8,500 sq ftLot Size
$195Est. Price/Sq.Ft.
Listed by Christina Gaeta• Keller Williams Realty West Monmouth
•732-536-9010 (broker)
•klrw407@kw.com (broker)
Bought with Christina Gaeta• Keller Williams Realty West Monmouth
Great investment opportunity! 4 Family located on a corner lot - fully occupied with long term tenants. Each tenant is on month to month lease, pays their own utilities, each with separate meters and private entrances.
BRIGHT MLS #NJBL392842
May 26, 2021
Sold
$305,000
$113/sq ft
Apr 6, 2021
Pending
—
Mar 10, 2021
Listed
$329,000
$122/sq ft
BRIGHT MLS #NJBL102914
Feb 8, 2019
Listing Removed
—
Nov 7, 2018
Listed
$329,900
$123/sq ft
BRIGHT MLS #1004486173
Jul 2, 2018
Listing Removed
—
Mar 27, 2018
Price Changed
$335,500
$125/sq ft
Jan 12, 2018
Listed
$355,500
$132/sq ft
MOMLS #21801257
Mar 27, 2018
Price Changed
$335,500
$125/sq ft
Jan 12, 2018
Listed
$355,500
$132/sq ft
MOMLS #21730712
Oct 12, 2017
Price Changed
$384,500
$143/sq ft
Aug 6, 2017
Listed
$399,900
$148/sq ft
BRIGHT MLS #1000337553
Aug 4, 2017
Listed
$384,500
$143/sq ft
MOMLS #21309361
Mar 18, 2013
Listed
$324,900
$121/sq ft
BRIGHT MLS #NJBL155676
May 16, 2006
Sold
$342,500
$127/sq ft
Feb 10, 2006
Listing Removed
—
Aug 1, 2005
Listed
$342,500
$127/sq ft
Public Records
Jun 10, 2003
Sold
$167,500
$62/sq ft
BRIGHT MLS #NJBL175824
Apr 14, 2003
Sold
$167,500
$62/sq ft
Dec 20, 2002
Listing Removed
—
Nov 30, 2002
Listed
$167,500
$62/sq ft
Public Records
Mar 14, 2001
Sold
$139,000
$52/sq ft
BRIGHT MLS #NJBL199142
Nov 17, 2000
Sold
$139,000
$52/sq ft
Nov 14, 2000
Listing Removed
—
Jun 16, 2000
Listed
$139,000
$52/sq ft
BRIGHT MLS #NJBL247448
May 12, 2000
Listing Removed
—
Nov 12, 1999
Listed
$144,900
$54/sq ft
Public Records
Feb 1, 1984
Sold
$70,000
$26/sq ft
Public Records
Nov 1, 1978
Sold
$68,000
$25/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$10,230 (+28.3%)
$85,500 + $246,000
$331,500
2024
$7,971 (+4.5%)
$85,500 + $246,000
$331,500
2023
$7,630 (+2.2%)
$85,500 + $200,500
$286,000
2022
$7,467 (+0.9%)
$85,500 + $200,500
$286,000
2021
$7,402 (+0.4%)
$85,500 + $200,500
$286,000
2020
$7,373 (+0.9%)
$85,500 + $200,500
$286,000
2019
$7,307 (+0.9%)
$85,500 + $200,500
$286,000
2018
$7,244 (+1.2%)
$85,500 + $200,500
$286,000
2017
$7,156 (+2.0%)
$85,500 + $200,500
$286,000
2016
$7,018 (+5.0%)
$85,500 + $200,500
$286,000
2014
$6,683 (−2.2%)
$85,500 + $200,500
$286,000
2013
$6,835 (+1.7%)
$85,500 + $200,500
$286,000
2012
$6,721 (+3.0%)
$85,500 + $200,500
$286,000
2011
$6,524 (−2.9%)
$85,500 + $200,500
$286,000
2010
$6,719 (+16.2%)
$85,500 + $200,500
$286,000
2009
$5,781
$85,500 + $218,400
$303,900
Tax history for 511 Cherry St
Year
Property tax
Land + Additions
Assessment*
2025
$10,230 (+28.3%)
$85,500 + $246,000
$331,500
2024
$7,971 (+4.5%)
$85,500 + $246,000
$331,500
2023
$7,630 (+2.2%)
$85,500 + $200,500
$286,000
2022
$7,467 (+0.9%)
$85,500 + $200,500
$286,000
2021
$7,402 (+0.4%)
$85,500 + $200,500
$286,000
2020
$7,373 (+0.9%)
$85,500 + $200,500
$286,000
2019
$7,307 (+0.9%)
$85,500 + $200,500
$286,000
2018
$7,244 (+1.2%)
$85,500 + $200,500
$286,000
2017
$7,156 (+2.0%)
$85,500 + $200,500
$286,000
2016
$7,018 (+5.0%)
$85,500 + $200,500
$286,000
2014
$6,683 (−2.2%)
$85,500 + $200,500
$286,000
2013
$6,835 (+1.7%)
$85,500 + $200,500
$286,000
2012
$6,721 (+3.0%)
$85,500 + $200,500
$286,000
2011
$6,524 (−2.9%)
$85,500 + $200,500
$286,000
2010
$6,719 (+16.2%)
$85,500 + $200,500
$286,000
2009
$5,781
$85,500 + $218,400
$303,900
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
1
Lot width
85 ft.
Lot depth
100 ft.
Lot size
8,499 Sq. Ft.
Year renovated
—
Sq. Ft.
2,693
Year built
1930
Style
Single Family Residential
County
Burlington County
APN
1500103 00006
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 18, 2026.
RA
Low-Density Residential District
The purpose of this district is to provide for single-family residential dwellings and accessory uses incidental thereto.
Permitted uses
Include but are not limited to:
Religious facility
Housing-Single unit
Public service
Educational/school
Fire house
Golf related
Park & open space
Property details
Parking
Parking Information
On Street, Driveway
Interior
Interior Information
Living Area Sq.Ft. Source: Assessor
Exterior
Property Information
Total Below Grade Sq. Ft.: 0
Improvement Assessed Value: $200,500
Insurance Expense: $2,100
Ownership Interest: Fee Simple
Year Built Source: Assessor
Building Information
# of Units (Total): 4
Construction Materials: Frame
Other Structures: Above Grade, Below Grade
Structure Type: Detached
Lot Information
Lot Size Dimensions: 85.00 x 100.00
Lot Dimensions Source: Assessor
Tidal Water: No
Land Information
Land Assessed Value: $85,500
Above Grade Information
Finished Sq.Ft.: 2,693
Finished Sq.Ft. Source: Assessor
Below Grade Information
Unfinished Sq.Ft. Source: Assessor
Finished Sq.Ft. Source: Assessor
Financial
Tax Information
Tax Assessed Value: $286,000
Tax Year: 2020
Tax Annual Amount: $7,374
Assessments Information
Year Assessed: 2020
Lease Information
Existing Lease Type: Month to Month
Utilities
Utilities Information
Cooling Type: Window Unit(s)
Forced Air
Heating Fuel: Natural Gas
Hot Water: Electric
Sewer Septic: Public Sewer
Water Source: Public
Location
Multi Unit Information
# of One Bedroom Units: 2
# of Two Bedroom Units: 2
# of Units Leased: 4
# of Month To Month Units: 4
Units Furnished: None
Other Units: Unit 1,Unit 2,Unit 4,Unit 3
Gross Income: $40,500
Other Expense: 1850.00
School Information
Elementary School: ROEBLING SCHOOL
Middle Or Junior School: RIVERFRONT SCHOOL
High School: FLORENCE TOWNSHIP MEMORIAL
School District Name: FLORENCE TOWNSHIP PUBLIC SCHOOLS
Elementary School Source: 3rd Party
Middle School Source: 3rd Party
High School Source: 3rd Party
School District Source: 3rd Party
Location Information
Directions: Cherry St
Municipality: FLORENCE TWP
Public facts
Beds: —
Baths: —
Sq. Ft.: 2,693
Stories: 1.0
Lot Size: 8,499 square feet
Style: Single Family Residential
Year Built: 1930
Year Renovated: —
County: Burlington County
APN: 1500103 00006
Home facts updated by county records on Sep 18, 2026
Around this home
Schools
Number 5, Roebling Elementary School
Public PreK-3 • Assigned • 0.3mi
2/10
Riverfront School
Public PreK-8 • Assigned • 1.0mi
3/10
Florence Twp Memorial High School
Public 9-12 • Assigned • 1.5mi
4/10
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
3/10 Fire Factor
0.15% chance of being in a wildfire in next 30 years
6/10 Heat Factor
7 days above 102° expected this year, 14 days in 30 years
6/10 Wind Factor
27% chance of strong winds in next 30 years
5/10 Air Factor
6 unhealthy days expected this year, 8 days in 30 years
Provided by First Street
Historical weather
Roebling, NJ • 08554
Average low and high temperatures (°F)
36
23
41
25
58
38
66
45
73
55
84
64
88
70
81
62
79
60
69
48
57
40
42
27
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
Estimated sale price
$500,000 – $605,000
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