$290,000
●
House -
Off Market
41 MORRIS
BURLINGTON, NJ 08016
3 Beds
2 Baths
1,686 Ft²
$2,022
Est. Monthly
9.12%
Cap Rate
About This Property
Welcome to this 3 bedroom 2 full bathroom home boasting lovely curb
appeal Plenty of room here with an extra large laundry room
with full bath with access to the side yard andthat leads into the
kitchen, then off to the dining room, office and family room.
Upstairs you will 3 bedrooms and full updated bath and
a small bonus room with cedar closet that is good for a homework
room, study or craft room. New heater 2025, New Roof with
transferable warranty. Large, detached shed with electric
service
Unit Size
1,686 Ft²
Days on Market
46 days
Land Size
0.14 acres
Price per sqft
$172
Property Type
House
Property Taxes
$597
HOA Dues
-
Year Built
1869
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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: 2 years ago (Bright MLS #NJBL2082622)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 11, 2025 | Sold | ||
| Sold | |||
| Apr 28, 2025 | In contract | - | |
| In contract | |||
| Apr 2, 2025 | Listed by Long & Foster Real Estate, Inc. | $290,000 | |
| Listed by Long & Foster Real Estate, Inc. | |||
| Jun 30, 2017 | Sold | ||
| Sold | |||
| Apr 18, 2017 | Listed by Weichert Realtors-Burlington | $164,900 | |
| Listed by Weichert Realtors-Burlington | |||
| | |||
|
Looking for a solid home that has been loved, maintained and updated? Well your search is over! This home boasts lovely curb appeal w/vinyl siding, Newer roof, Andersen windows & large picture bay window adding lots of light. Grape, fig & blueberry bushes can be found on the property! Oversized cement patio & fenced in yard welcome guests to summer gatherings. The detached shed w/electrical service can easily be converted to a large garage for off street parking. The home is squeaky clean, freshly painted w/neutral tones throughout. The kitchen is tastefully updated with oak cabinetry, pantry, lazy suzan, double sink & breakfast room. Mud room conveniently located right off the kitchen w/sink work space, cabinetry & access to the side yard for easy entertaining when holding outdoor activities. Heater/Central air replaced in 2014 & Hot Water heater replaced in 2007 for your peace of mind. New owner to set up their own alarm monitoring service. See the rest....but come buy the best!
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Property Highlights
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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: Mary Deaux
Long & Foster Real Estate, Inc.
Last Updated: 1 hours ago
Data Source: Bright MLS , MLS# NJBL2082622
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.
Long & Foster Real Estate, Inc.
Last Updated: 1 hours ago
Data Source: Bright MLS , MLS# NJBL2082622
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