$430,000
PENDING

307 Burlington Ave Delanco, NJ 08075

Estimated payment $2,916/month

Total Views 200,688
-- Bed
-- Bath
1,110 Sq Ft
$387 Price per Sq Ft

Highlights

  • Rambler Architecture
  • Doors swing in
  • Forced Air Heating System

About This Home

**Buyer's Financing Fell Through – Seize This Fantastic Duplex Investment Opportunity!**

We are thrilled to present a valuable investment opportunity in Delanco! This exceptional duplex features two separate ranch-style homes on a single lot, ideally positioned in the vibrant downtown business district.

The front unit has undergone beautiful renovations and currently brings in a reliable rental income of $1,600 per month. The rear unit, which previously rented for $2,200 per month, is now available for new tenants, providing excellent income potential.

The front house offers a comfortable one-bedroom, one-bathroom layout, complemented by a spacious kitchen and living room, ideal for a cozy living experience. The rear home showcases three bedrooms, one bathroom, an eat-in kitchen, ample living space, and a fully finished basement that includes a laundry room, making it perfect for larger families or groups.

To ensure a smooth viewing process, please remember that showings require a 24-hour notice. Don't miss out on this incredible opportunity to invest in a property that offers both comfort and potential for growth!

Listing Agent

Jenny Albaz

Better Homes and Gardens Real Estate Maturo License #9909199 Listed on: 10/10/2024

Better Homes and Gardens Real Estate Maturo

Co-Listing Agent

MICHAEL FILIBERTO

Better Homes and Gardens Real Estate Maturo

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,503

Year Built

  • Built in 1960

Lot Details

  • 6,464 Sq Ft Lot
  • Lot Dimensions are 53.00 x 122.00
  • Property is in good condition

Parking

  • Driveway

Home Design

  • 1,110 Sq Ft Home
  • Duplex
  • Rambler Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Accessible Home Design

  • Doors swing in

Schools

  • M. Joan Pearson Elementary School
  • Walnut Street Middle School
  • Riverside High School

Utilities

  • Forced Air Heating System
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 00005
  • Assessor Parcel Number 09-01401-00005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,503

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Accessibility Features: Doors - Swing In
  • Ownership: Fee Simple
  • Exclusions: Tenants personal property
  • Inclusions: All appliances stay in both units in their current "as-is" condition.
  • New Construction: No
  • Year Built: 1960
  • Automatically Close On Close Date: No
  • Remarks Public: **Buyer's Financing Fell Through – Seize This Fantastic Duplex Investment Opportunity!** We are thrilled to present a valuable investment opportunity in Delanco! This exceptional duplex features two separate ranch-style homes on a single lot, ideally positioned in the vibrant downtown business district. The front unit has undergone beautiful renovations and currently brings in a reliable rental income of $1,600 per month. The rear unit, which previously rented for $2,200 per month, is now available for new tenants, providing excellent income potential. The front house offers a comfortable one-bedroom, one-bathroom layout, complemented by a spacious kitchen and living room, ideal for a cozy living experience. The rear home showcases three bedrooms, one bathroom, an eat-in kitchen, ample living space, and a fully finished basement that includes a laundry room, making it perfect for larger families or groups. To ensure a smooth viewing process, please remember that showings require a 24-hour notice. Don't miss out on this incredible opportunity to invest in a property that offers both comfort and potential for growth!
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Block
  • Total Sq Ft: 1110
  • Living Area Sq Ft: 1110
  • Price Per Sq Ft: 387.39
  • Above Grade Finished Sq Ft: 1110
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 307

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: DELANCO TOWNSHIP PUBLIC SCHOOLS
  • Elementary School: M. JOAN PEARSON SCHOOL
  • Middle School: WALNUT STREET
  • High School: RIVERSIDE
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396947
  • School District Source: Listing Agent
  • Elementary School: M. JOAN PEARSON SCHOOL
  • High School: RIVERSIDE
  • Middle Or Junior School: WALNUT STREET

Lot Info

  • Lot Size Acres: 0.15
  • Lot Dimensions: 53.00 x 122.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6464.00
  • Property Condition: Good
  • Year Assessed: 2024
  • Zoning: C-2

Rental Info

  • Number Of Units Month To Month: 2
  • Rent Control: No
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 7503.00
  • Assessor Parcel Number: 09-01401-00005
  • Tax Lot: 00005
  • Tax Total Finished Sq Ft: 1110
  • Tax Data Updated: No
  • Tax Year: 2024

MLS Schools

  • School District Name: DELANCO TOWNSHIP PUBLIC SCHOOLS

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,504 $213,300 $28,900 $184,400
2024 $7,527 $213,300 $28,900 $184,400
2023 $7,527 $213,300 $28,900 $184,400
2022 $7,355 $213,300 $28,900 $184,400
2021 $7,331 $213,300 $28,900 $184,400
2020 $7,218 $213,300 $28,900 $184,400
2019 $7,018 $213,300 $28,900 $184,400
2018 $6,877 $213,300 $28,900 $184,400
2017 $6,747 $213,300 $28,900 $184,400
2016 $6,548 $213,300 $28,900 $184,400
2015 $6,440 $213,300 $28,900 $184,400
2014 $6,277 $213,300 $28,900 $184,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2025 07/15/25 Pending -- -- --
01/30/2025 01/30/25 For Sale $430,000 0.0% $387 / Sq Ft
11/18/2024 11/18/24 Pending -- -- --
10/30/2024 10/30/24 Price Changed $430,000 -4.4% $387 / Sq Ft
10/10/2024 10/10/24 For Sale $450,000 +38.5% $405 / Sq Ft
06/30/2022 06/30/22 Sold $325,000 0.0% $293 / Sq Ft
04/25/2022 04/25/22 For Sale $325,000 0.0% $293 / Sq Ft
02/01/2022 02/01/22 Pending -- -- --
10/26/2021 10/26/21 For Sale $325,000 -- $293 / Sq Ft
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Deed $325,000 Dash Benjamin L
Deed $325,000 Dash Benjamin L
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $332,475 VA
Closed $332,475 VA
Source: Public Records

Source: Bright MLS

MLS Number: NJBL2074530

Bright MLS

APN: 09-01401-0000-00005