$280,000
●
House -
Off Market
18 CENTRAL AVENUE
BURLINGTON, NJ 08016
2 Beds
1 Bath
768 Ft²
$1,774
Est. Monthly
8.78%
Cap Rate
About This Property
Welcome to 18 Central Avenue. This quaint and cozy Ranch style home
situated on a corner lot in Burlington Township is ready for new
owners! Featuring 2 bedrooms and 1 full bathroom, this home is a
perfect starter home or an option for downsizing. Enter into the
sunroom space where your imagination can run wild and create
whatever suits your needs. From there, enjoy open concept living
where the living room flows into the eat-in kitchen. The kitchen
features granite countertops, white cabinetry and stainless steel
appliances. There is also a mudroom/laundry room in the back of the
home, where you can also directly enter your spacious backyard. The
backyard is fully fenced and there is a concrete patio, as well as
a shed. This home also has a basement that is great for storage!
Brand new water heater! Make this home yours today.
Unit Size
768 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$389
Property Type
House
Property Taxes
$306
HOA Dues
-
Year Built
1922
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 13 months ago (Bright MLS #NJBL2096010)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 30, 2025 | Sold | ||
| Sold | |||
| Sep 25, 2025 | In contract | - | |
| In contract | |||
| Sep 19, 2025 | Listed by Keller Williams Realty | $299,000 | |
| Listed by Keller Williams Realty | |||
| Apr 20, 2018 | Sold | ||
| Sold | |||
| Feb 24, 2018 | Listed by RE/MAX at Home | $154,900 | |
| Listed by RE/MAX at Home | |||
| | |||
|
If you can own for less than renting, what are you waiting for? Down payment could be zero if USDA qualified so even a purchase with no money makes this one an option! Home has been rehabbed entirely by contractor/owner and offers Andersen windows, quality cabinets, granite counter tops, new range, and dishwasher,new electric and lots of recessed lighting and ceiling fans, custom bathroom with mirrored door linen closet, a high efficiency gas furnace, central AC and new hot water heater. Hardwood floors in bedrooms, vaulted ceiling in living room, laundry room on main floor, tiled flooring in front sun room that is usable as an all-season room with added electric baseboard heat. Basement offers Bilco door for access. This is a corner lot offering parking on both the side and front of the home. Rear yard is very large, has a concrete patio and is fully fenced. Totally new and so bright and cheerful and waiting for you to occupy. Bring us your offers!! Location prime for commuters and is close to all major roadways.
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Burlington
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Listed by: Jacqueline Revoir
Keller Williams Realty
Last Updated: 1 hours ago
Data Source: Bright MLS , MLS# NJBL2096010
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 Bright MLS, Inc.
Keller Williams Realty
Last Updated: 1 hours ago
Data Source: Bright MLS , MLS# NJBL2096010
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