428 Locust Ave Burlington, NJ 08016
Estimated payment $1,522/month
Total Views
36,761
5
Beds
2
Baths
2,232
Sq Ft
$82
Price per Sq Ft
Highlights
- Hot Property
- 3-minute walk to Burlington Towne Center
- Electric Baseboard Heater
- Victorian Architecture
- No HOA
- 3-minute walk to Kennedy Park
About This Home
Located in a peaceful neighborhood in Burlington, NJ, this spacious 5-bedroom, 2-bathroom home offers endless potential for the right investor or homeowner with a vision. While it requires a full rehab, it presents a fantastic opportunity to create your dream home, with the added benefit of a nearly new roof and a completely updated electrical system, providing a solid foundation for renovation. The home features ample living space, a large lot for outdoor enjoyment, and a prime location with easy access to local amenities, schools, and major highways. With the right vision and work, this property has the potential to become a stunning family home or a profitable investment. Bring your ideas and schedule a showing today!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,113
Year Built
- Built in 1880
Lot Details
- 3,999 Sq Ft Lot
- Property is zoned R-3
Parking
- Driveway
Home Design
- Victorian Architecture
- Brick Foundation
- Frame Construction
Interior Spaces
- 2,232 Sq Ft Home
- Property has 3 Levels
- Basement
Bedrooms and Bathrooms
- 5 Main Level Bedrooms
- 2 Full Bathrooms
Utilities
- Electric Baseboard Heater
- Electric Water Heater
Community Details
- No Home Owners Association
- Mt Holly Gardens Subdivision
Listing and Financial Details
- Tax Lot 00036
- Assessor Parcel Number 05-00031-00036
Map
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2024 | $6,007 | $141,200 | $35,200 | $106,000 |
| 2023 | $6,007 | $141,200 | $35,200 | $106,000 |
| 2022 | $5,940 | $141,200 | $35,200 | $106,000 |
| 2021 | $5,854 | $141,200 | $35,200 | $106,000 |
| 2020 | $5,645 | $141,200 | $35,200 | $106,000 |
| 2019 | $5,384 | $141,200 | $35,200 | $106,000 |
| 2018 | $5,292 | $141,200 | $35,200 | $106,000 |
| 2017 | $5,130 | $141,200 | $35,200 | $106,000 |
| 2016 | $4,936 | $141,200 | $35,200 | $106,000 |
| 2015 | $4,760 | $141,200 | $35,200 | $106,000 |
| 2014 | $4,603 | $141,200 | $35,200 | $106,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/02/2025 07/02/25 | For Sale | $175,000 | -4.4% | $78 / Sq Ft |
| 06/10/2025 06/10/25 | Price Changed | $183,000 | -5.2% | $82 / Sq Ft |
| 05/28/2025 05/28/25 | Price Changed | $193,000 | 0.0% | $86 / Sq Ft |
| 05/28/2025 05/28/25 | For Sale | $193,000 | -0.9% | $86 / Sq Ft |
| 03/24/2025 03/24/25 | Pending | -- | -- | -- |
| 03/15/2025 03/15/25 | For Sale | $194,700 | +25.6% | $87 / Sq Ft |
| 02/05/2025 02/05/25 | Sold | $155,000 | +6.9% | $69 / Sq Ft |
| 01/10/2025 01/10/25 | Price Changed | $145,000 | -3.3% | $65 / Sq Ft |
| 12/13/2024 12/13/24 | For Sale | $149,900 | -- | $67 / Sq Ft |
Source: Bright MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $155,000 | None Listed On Document | |
| Deed | $110,000 | Core Title | |
| Deed | $110,000 | Core Title | |
| Deed | $37,900 | -- |
Source: Public Records
Similar Homes in Burlington, NJ
Source: Bright MLS
MLS Number: NJBL2082850
APN: 05-00031-0000-00036
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