Burlington
505 JEFFERSON STREET
$305,000
●
House -
Off Market
505 JEFFERSON STREET
RIVERSIDE, NJ 08075
3 Beds
1 Bath
1,316 Ft²
$2,095
Est. Monthly
7.04%
Cap Rate
About This Property
Nestled in the heart of Riverside, this delightful 3-bedroom,
1-bath rancher is waiting for its next chapter. With a solid
foundation, a full unfinished basement (just imagine the
possibilities!), and a layout designed for easy living, this home
is the ideal blend of comfort and potential.
Located just minutes from top-rated schools, scenic parks, and local favorites like [Nearby Shop or Cafe], this home offers both convenience and charm. The spacious yard invites summer barbecues and lazy afternoons, while the quiet street ensures peace and privacy. Whether you're a first-time buyer looking for a move-in-ready gem, a downsizer seeking single-level living, or an investor eyeing a great opportunity, this rancher checks all the boxes. The only thing this house needs is a fresh coat of paint and you!!
Don't let this one slip away-schedule a showing today and fall in love with your future home!
Located just minutes from top-rated schools, scenic parks, and local favorites like [Nearby Shop or Cafe], this home offers both convenience and charm. The spacious yard invites summer barbecues and lazy afternoons, while the quiet street ensures peace and privacy. Whether you're a first-time buyer looking for a move-in-ready gem, a downsizer seeking single-level living, or an investor eyeing a great opportunity, this rancher checks all the boxes. The only thing this house needs is a fresh coat of paint and you!!
Don't let this one slip away-schedule a showing today and fall in love with your future home!
Unit Size
1,316 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$236
Property Type
House
Property Taxes
$573
HOA Dues
-
Year Built
1955
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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 #NJBL2092002)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 29, 2025 | Sold | ||
| Sold | |||
| Sep 14, 2025 | In contract | - | |
| In contract | |||
| Aug 25, 2025 | Price Decreased |
$310,000
↓ $5K
(1.6%) | |
| Price Decreased | |||
| Aug 13, 2025 | Price Decreased |
$315,000
↓ $5K
(1.6%) | |
| Price Decreased | |||
| Jul 17, 2025 | Listed by HomeSmart First Advantage Realty | $320,000 | |
| Listed by HomeSmart First Advantage Realty | |||
Property Highlights
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
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ft²
Price/ft²
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About Burlington
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Listed by: Marc Anthony Matteo
HomeSmart First Advantage Realty
Last Updated: 4 hours ago
Data Source: Bright MLS , MLS# NJBL2092002
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HomeSmart First Advantage Realty
Last Updated: 4 hours ago
Data Source: Bright MLS , MLS# NJBL2092002
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