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422 LOCUST AVENUE, Burlington, NJ 08016
$289,900 Asking Price
$---/mo Est. Payment Get Prequalified »
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
- NA Compensation:
- -100
This listing courtesy of:
Keller Williams Realty West Monmouth, Qixiao Ying
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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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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