422 LOCUST AVENUE, Burlington, NJ 08016

$289,900 Asking Price

5 beds
2 baths
2,260  sqft
Built in 1880

Step into timeless elegance with this beautifully preserved Victorian home located at 422 Locust Ave. Situated in the historic and vibrant New London section of Burlington city, this residence seamlessly blends classic architectural details with modern amenities, creating the perfect sanctuary for those who appreciate both charm and convenience. The home is within walking distance to public transportation ( light rail, bus stations, and major highways), shopping, restaurants and the scenic Delaware river. The home currently has a paying tenant family for over a year on a month to month lease. Strong cashflow and meets the 1% rule. Take over the lease and start your real estate investing journey or move in yourself. The home boasts 5 bedrooms 2 full baths with a full basement and a private backyard. There is plenty space for everyone. Listing agent has financial interest. Property is being sold as is. Buyer responsible for CO.

Features & Amenities

Interior

Basement:
Full
A/C:
None
Heating:
Y, Baseboard - Hot Water, Natural Gas
Disability Feature:
2+ Access Exits

Exterior

General:
Above Grade,Below Grade
Style:
Colonial

Construction

General:
Frame, 3, Brick/Mortar

Location

Originating MLS:
BRIGHT_MAIN
School District:
BURLINGTON CITY SCHOOLS
County:
BURLINGTON

Lot

Zoning:
TRN, 05-00031-00034
Current Use:
0

Utilities

Water:
None
Sewer:
Public Sewer

Financial

Source:
BRIGHT_MAIN

This listing courtesy of:
Keller Williams Realty West Monmouth, Qixiao Ying

About Burlington, NJ

Housing

Number of Units
13,684
Median Home Value
$242,112
Median Rent
$896

28.80% of housing units are renter occupied.

6.21% are vacant.

Commute

Car
77.34%
Public Transportation
3.18%
Walk to Work
1.20%
Work from Home
16.93%
Other
0.89%

The median travel time to work is 27 minutes.

People

Population
34,505
Median Age
40.50
Median Household Size
2.81

Education

High School
30.22%
Associate’s Degree
8.38%
Bachelor’s Degree
20.57%
Graduate Degree
10.96%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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