NOT LISTED FOR SALE

404 Locust Ave Burlington, NJ 08016

Estimated Value: $294,780 - $335,000

3 Beds
1.5 Baths
2,415 Sq Ft
2,614 Sq Ft Lot

Last Sold March 08, 2024

Last sale price $290,000 $120 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,247/month

Highlights

  • Colonial Architecture
  • 2-minute walk to Burlington Towne Center
  • Hot Water Baseboard Heater
  • Sun or Florida Room
  • Living Room
  • 3-minute walk to Kennedy Park

About This Home

As of September 2024

Clean, bright, charming and less than a block from The Riverline and NJ Transit bus stations! Located on a quiet tree lined street this 3 bedroom, 1 1/2 bath first floor apartment with a sunporch and back yard is also within walking distance of the downtown Burlington City business district and promenade! Overall living space consists of a living room, full kitchen, full bath, bedroom with a 1/2 bath, 2 additional bedrooms, wrap around sunroom and basement access for storage, laundry, etc.. Tenant pays all utilities excluding water and sewer. Schedule a showing..........you won't be disappointed!

Last Agent to Rent the Property

Christina Seiler

(609) 386-1636 chris@rmxworldclass.com RE/MAX World Class Realty License #8730447 Listed on: 07/28/2024

RE/MAX World Class Realty

Last Renter's Agent

Christina Seiler

(609) 386-1636 chris@rmxworldclass.com RE/MAX World Class Realty License #8730447 Listed on: 07/28/2024

RE/MAX World Class Realty

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1820

Lot Details

  • 2,614

Parking

  • On-Street Parking

Home Design

  • Colonial Architecture
  • Entry on the 1st floor
  • Frame Construction

Interior Spaces

  • 2,415 Sq Ft Home
  • Property has 1 Level
  • Living Room
  • Sun or Florida Room
  • Washer and Dryer Hookup
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Utilities

  • Cooling System Utilizes Natural Gas
  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Hot Water Baseboard Heater
  • Natural Gas Water Heater

Listing and Financial Details

  • Residential Lease
  • Security Deposit $3,000
  • Tenant pays for all utilities
  • No Smoking Allowed
  • 12-Month Lease Term
  • Available 8/1/24
  • Assessor Parcel Number 05-00031-00031

Community Details

Overview

  • Low-Rise Condominium
  • London Square Subdivision

Pet Policy

  • No Pets Allowed

Condo Details

Home Type

Condominium

Year Built

Built in 1820

Lot Details

2,614 Sq Ft Lot

Rental Info

  • Date Available: 2024-08-01
  • Pets Allowed: No
  • Security Deposit: 3000.00
  • Smoking Allowed Yn: No
  • Tenant Pays: Utilities - All
  • Vacation Rental: No
  • Max Lease in Months: 12
  • Min Lease in Months: 12
  • Rent Spree Online Application: No

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Colonial
  • Inclusions: Washer and dryer, refrigerator, stove, dishwasher, microwave
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1820
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 1
  • Fireplace: No
  • Levels Count: 1
  • Room List: Living Room, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1, Sun/Florida Room, Bathroom 1, Half Bath
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 2415
  • Living Area Sq Ft: 2415
  • Price Per Sq Ft: 0.83
  • Above Grade Finished Sq Ft: 2415
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Natural Gas
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.06
  • Lot Dimensions: 30.00 x 88.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2640.00
  • Zoning: TRN

Tax Info

  • Assessor Parcel Number: 05-00031-00031

MLS Schools

  • School District Name: BURLINGTON CITY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2024
Closed on
Mar 8, 2024
Sold by
Quigley Jack
Bought by
Lewis Caleb J
Seller's Agent
Jack Quigley
Realty Mark Advantage
Buyer's Agent
Ray Montgomery
Master Keys Realty Group
List Price
$269,900
Sold Price
$290,000
Premium/Discount to List
$20,100
7.45%
Views
107
Current Estimated Value
$311,445

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,445
Avg. Annual Appreciation
3.59%
Original Mortgage
$275,500
Outstanding Balance
$269,847
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$41,598

Purchase Details

Closed on
Mar 18, 2022
Sold by
Davkon Properties Llc
Bought by
Quigley Jack

Purchase Details

Listed on
Jul 23, 2019
Closed on
Oct 16, 2019
Sold by
Mcbridge Mary A
Bought by
Davkon Properties Llc
Seller's Agent
Christina Seiler
RE/MAX World Class Realty
Buyer's Agent
John Doyle
ERA Central Realty Group - Bordentown
List Price
$129,900
Sold Price
$112,000
Premium/Discount to List
-$17,900
-13.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.98%

Purchase Details

Closed on
Nov 23, 2018
Sold by
Mcbride Mary A and The Estate Of John A Mcbride J
Bought by
Mcbride Mary A

Purchase Details

Closed on
Jul 22, 2015
Sold by
Mcbride John M and Mcbridge John A
Bought by
Mcbride John A and Mcbride Mary A

Purchase Details

Closed on
Apr 30, 1999
Sold by
Bobinski Elise and Wolfe Pearl
Bought by
Mcbride John M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
6.88%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lewis Caleb J $290,000 Collegiate Title
Lewis Caleb J $290,000 Collegiate Title
Quigley Jack $210,000 Chiacchio Thomas H
Davkon Properties Llc $112,000 Foundation Title Llc
Mcbride Mary A -- None Available
Mcbride John A -- Attorney
Mcbride John M $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lewis Caleb J $275,500
Closed Lewis Caleb J $275,500
Previous Owner Mcbride John M $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/05/2024 09/05/24 Rented $2,000 0.0% --
08/21/2024 08/21/24 Under Contract -- -- --
07/28/2024 07/28/24 For Rent $2,000 0.0% --
03/08/2024 03/08/24 Sold $290,000 +7.4% $120 / Sq Ft View Prior Sale
01/16/2024 01/16/24 Pending -- -- --
01/08/2024 01/08/24 For Sale $269,900 +141.0% $112 / Sq Ft
09/09/2019 09/09/19 Sold $112,000 -13.8% $46 / Sq Ft View Prior Sale
08/08/2019 08/08/19 Pending -- -- --
07/23/2019 07/23/19 For Sale $129,900 -- $54 / Sq Ft
Source: Bright MLS

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 $7,521 $173,700 $30,700 $143,000
2024 $7,389 $173,700 $30,700 $143,000
2023 $7,389 $173,700 $30,700 $143,000
2022 $7,308 $173,700 $30,700 $143,000
2021 $7,202 $173,700 $30,700 $143,000
2020 $6,945 $173,700 $30,700 $143,000
2019 $6,623 $173,700 $30,700 $143,000
2018 $6,510 $173,700 $30,700 $143,000
2017 $6,311 $173,700 $30,700 $143,000
2016 $6,073 $173,700 $30,700 $143,000
2015 $5,855 $173,700 $30,700 $143,000
2014 $5,663 $173,700 $30,700 $143,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJBL2069906

Bright MLS

APN: 05-00031-0000-00031

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