428 Locust Ave Burlington, NJ 08016
Estimated payment $1,477/month
Total Views
106,216
5
Beds
2
Baths
2,232
Sq Ft
$78
Price per Sq Ft
Highlights
- Hot Property
- 3-minute walk to Burlington Towne Center
- 1 Car Detached Garage
- Victorian Architecture
- No HOA
- 3-minute walk to Kennedy Park
About This Home
Investor Special – Victorian Fixer Upper with Huge Potential!
Your next flip opportunity awaits! This spacious 5-bedroom, 2-bathroom Victorian home is brimming with potential and ready for your finishing touch. The heavy lifting has already been done—cleaned out, partially gutted and primed for renovation.
Situated on an oversized lot just under an acre, the property features a detached garage, ample off-street parking, and endless possibilities for landscaping or expansion.
Inside, the home offers a flexible floorplan, with a frontward and rearward staircase between the main and second levels:
Main level: full bathroom, eat-in kitchen and multiple layout options
Second level: primary bedroom, two additional bedrooms, and a full bath
Third floor: two generously sized bedrooms ideal for guests, office space, or rental potential
Recent updates include a brand new roof with warranty, and drywall has already been installed in the primary bedroom. Electrical service has also been installed with permits and is ready for meter connection.
This is your chance to take over and bring this historic charmer back to life on a welcoming street full of architectural character and community charm.
Don't miss this rare opportunity to add value and equity—schedule your viewing today!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,113
Year Built
- Built in 1880
Lot Details
- 4,000 Sq Ft Lot
- Lot Dimensions are 40 x 100
- Northeast Facing Home
- Back, Front, and Side Yard
- Property is zoned R-3
Parking
- 1 Car Detached Garage
- 3 Driveway Spaces
- Parking Storage or Cabinetry
- Dirt Driveway
Home Design
- Victorian Architecture
- Fixer Upper
- Brick Foundation
- Frame Construction
- Shingle Roof
- Asphalt Roof
- Wood Siding
Interior Spaces
- 2,232 Sq Ft Home
- Property has 3 Levels
- Basement
Bedrooms and Bathrooms
- 5 Bedrooms
Location
- Flood Risk
- Suburban Location
Schools
- Burlington City High School
Utilities
- No Cooling
- Radiator
- Electric Water Heater
Community Details
- No Home Owners Association
- London Square 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
About the Listing Agent
John Wuertz is the Managing Director of The John Wuertz Team at Berkshire Hathaway HomeServices, Fox & Roach Realtors, leading a team of real estate professionals in New Jersey and Pennsylvania. With a reputation for tenacity, perseverance, fairness, and honesty, John has earned multiple industry awards and recognition as a top producing agent.
In his previous role as the principal broker for the United Nations in Manhattan, John developed a deep understanding of the unique needs of
John's Other Listings
Source: Bright MLS
MLS Number: NJBL2090624
APN: 05-00031-0000-00036
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