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Locust Ave, Burlington City, Home For Sale
422 Locust Ave, New Jersey, 08016

Locust Ave, Burlington City, Home For Sale

house for sale
Listed: 06/25/24

422 Locust Ave, New Jersey, 08016

5 Bed:
2 Bath:
2,260 Sq Ft Living Area:
Save
Price
$ 289,900

About This House

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, 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. Listing agent has financial interest

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Burlington Housing & Living

Household Income

Median household income: $50,709
Number of households: 3,901
The average household income in Burlington, NJ declined from $52,537 to $50,709 in the past year. This data is an estimate based upon 3,901 households in Burlington, NJ.
The chart below presents how household income is distributed in Burlington, NJ in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Burlington, NJ compared to median property taxes around the country. The prevalent amount of property taxes in Burlington, NJ equals $3k+ , which is more than the national average.