$255,000

403 WOOD ST, Burlington, NJ 08016

  • 4 beds |
  • 2 baths |
  • 1,816 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1890
  • Property Lot Size Icon2,178sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $140/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

Welcome to 403 Wood St in Burlington, NJ — a beautifully refreshed property offering both immediate comfort and long-term upside. Recently vacated and no longer tenant-occupied, this home was previously rented for $2,400 per month, generating $28,800 annually and supporting an impressive 8.7%–9% cap rate at the current asking price. This strong rental history showcases the property's reliability and earning power for investors or owner-occupants exploring future rental opportunities. The home has been freshly painted throughout, creating a clean and inviting interior. The previous tenant completed helpful updates including newer kitchen appliances, upgraded toilets, interior repainting, and backyard landscaping, adding value and reducing the need for immediate repairs. For buyers seeking added customization, the seller is open to renovating the kitchen with the right offer, or alternatively offering closing cost assistance, providing flexible options to make this property fit your needs. Located just minutes from the Delaware River waterfront, with quick access to Route 130, I-295, and the NJ Transit River Line, this home sits in a high-demand area poised for continued growth. Whether you're an investor seeking strong long-term returns or a homebuyer wanting a move-in-ready property with upgrade potential, 403 Wood St delivers stability, convenience, and opportunity.

Listing Status:
Active
Listing Office:
RealtyMark Properties : 8563220200
Listing Agent:
Steven P McCullough I : 8564379337
MLS ID:
NJBL2095292
  • General: Kitchen - Eat-InCarpetCeiling Fan(s)Formal/Separate Dining RoomBathroom - Tub ShowerCrown MoldingsWood Floors
  • Rooms: Living RoomDining RoomPrimary BedroomBedroom 2Bedroom 3Bedroom 5KitchenBasementSun/Florida RoomBathroom 1
  • Laundry: Basement
  • Basement: FullUnfinished
  • Flooring: Hardwood
  • A/C: Wall Unit
  • Heating: Hot WaterRadiatorOil
  • Disability Feature: None
  • General: Above GradeBelow Grade
  • Style: TraditionalColonial
  • Other Structures: EnclosedPorchPatio
  • Roofing: Shingle
  • General: Frame3Block
  • Originating MLS: BRIGHT_MAIN
  • School District: BURLINGTON CITY SCHOOLS
  • County: BURLINGTON-NJ
  • Zoning: TRN05-00031-00005
  • Utilities: Cable tvNatural gas available100 amp service
  • Water: Public
  • Sewer: Public Sewer
  • Source: BRIGHT_MAIN

This listing courtesy of Steven P McCullough I, RealtyMark Properties

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

W

Wilbur Watts Intermediate School

550 High St, Burlington, NJ, 08016

Grades 3-6

0.24 miles away

B

Burlington City High School

100 Blue Devil Way, Burlington, NJ, 08016

Grades 7-12

0.62 miles away

B

Burlington City High School

100 Blue Devil Way, Burlington, NJ, 08016

Grades 7-12

0.62 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

Similar Listings Nearby