$155,000
SOLD FEB 5, 2025

428 Locust Ave Burlington, NJ 08016

5 Beds
2 Baths
2,232 Sq Ft
3,999 Sq Ft Lot

Recently Sold

$69 Per Sq Ft

3% Above List Price

27 Days on Market

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

As of February 2025

Welcome to historic Burlington City! A single family home with lots of potential. It has 5 bedrooms and 2 bath and a spacious yard for family gathering. with a little TLC this home could be perfect for raising a family or as a rental investment. Close to the NJTPK, I295, JBMDL, and shopping galore! Come and check this property now!

Last Agent to Sell the Property

Lisandra Coleman

NJ Elite Group, LLC Listed on: 12/13/2024

Co-Listed By

Jasmin Elalfy

NJ Elite Group, LLC License #1863633

Last Buyer's Agent

John Wuertz

BHHS Fox & Roach-Mt Laurel License #231089

BHHS Fox & Roach-Mt Laurel

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,113

Year Built

  • Built in 1880

Lot Details

  • 3,999 Sq Ft Lot
  • Lot Dimensions are 40.00 x 100.00
  • Property is zoned R-3

Parking

  • Driveway

Home Design

  • Victorian Architecture
  • Fixer Upper
  • 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

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,113

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Victorian
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1880
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Welcome to historic Burlington City! A single family home with lots of potential. It has 5 bedrooms and 2 bath and a spacious yard for family gathering. with a little TLC this home could be perfect for raising a family or as a rental investment. Close to the NJTPK, I295, JBMDL, and shopping galore! Come and check this property now!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Foundation Details: Brick/Mortar
  • Levels Count: 3
  • Basement: Yes
  • Total Sq Ft: 2232
  • Living Area Sq Ft: 2232
  • Price Per Sq Ft: 64.96
  • Above Grade Finished Sq Ft: 2232
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 428

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 5
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

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: Driveway

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: BURLINGTON CITY SCHOOLS
  • School District Key: 300200397177
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.09
  • Lot Dimensions: 40.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3999.00
  • Property Condition: Major Rehab Needed
  • Year Assessed: 2024
  • Zoning: R-3

Rental Info

  • Ground Rent Exists: No
  • Ground Rent Pymnt Freq: Annually
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 6113.00
  • Assessor Parcel Number: 05-00031-00036
  • Tax Lot: 00036
  • Tax Total Finished Sq Ft: 2232
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 02/05/2025

MLS Schools

  • School District Name: BURLINGTON CITY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2024
Closed on
Feb 3, 2025
Sold by
Bombas Realty Llc
Bought by
Cordon Jose Vargas
Seller's Agent
Lisandra Coleman
NJ Elite Group, LLC
Buyer's Agent
John Wuertz
BHHS Fox & Roach-Mt Laurel
List Price
$149,900
Sold Price
$155,000
Premium/Discount to List
$5,100
3.4%
Views
419

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
71.43%

Purchase Details

Listed on
Dec 13, 2024
Closed on
Dec 10, 2024
Sold by
Cory Cynthia L and Borgstrom Dennis W
Bought by
Bombas Realty Llc
Seller's Agent
Lisandra Coleman
NJ Elite Group, LLC
Buyer's Agent
John Wuertz
BHHS Fox & Roach-Mt Laurel
List Price
$149,900
Sold Price
$155,000
Premium/Discount to List
$5,100
3.4%
Views
419

Purchase Details

Closed on
Mar 14, 1981
Bought by
Borgstrom Dennis W
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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

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

Tax History Compared to Growth

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
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

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJBL2078002

Bright MLS

APN: 05-00031-0000-00036