When was property at 506 Otto Avenue built and last sold?

The property at 506 Otto Avenue was built in 1964 and last sold on May 18, 2023 for $386,000.

How much is this home worth?

The estimated value of the home located at 506 Otto Avenue is $375,708.

What are some comparable homes to 506 Otto Avenue?

There are currently no comparable homes to 506 Otto Avenue.

Burlington

08010

506 OTTO AVE

$386,000

● House - Off Market

506 OTTO AVE

BEVERLY, NJ 08010

3 Beds

2 Baths, 1 Half Bath

1,708 Ft²

$372,768

RealtyHop Estimate

0.78%

Since Jun 1, 2023

National-US

Primary Model

About This Property

Welcome to this newly renovated split bi-level in quaint Edgewater Park! This Spacious home features an inviting living room, dining room, and newly updated kitchen on the first floor. There are three bedrooms and one full updated bathroom on the upper level. The lower level has a family room and half-bathroom. Major items such siding, roofing, and hvac has all been recently updated. New owners will be able to enjoy the newly wrapped deck and fully fenced in yard during the warmer days. Join us at our open house this weekend or schedule your appointments today!

Unit Size

1,708 Ft²

Days on Market

Land Size

0.16 acres

Price per sqft

$217

Property Type

House

Property Taxes

$556

HOA Dues

Year Built

1964

Payment Calculator

Cap Rate Calculator

Last updated: 4 years ago (Bright MLS #NJBL2042132)

Price History

Date / Event	Date	Event
May 18, 2023	Sold	Premium
Sold
Mar 15, 2023	In contract	-
In contract
Mar 2, 2023	Listed by RE/MAX Of Cherry Hill	$369,900
Listed by RE/MAX Of Cherry Hill

Property Highlights

Air Conditioning

Building Info

Overview

General

Year Built: 1964

Effective Year Built: 1964
Bedroom Count: 0
Building Condition: 0
Building Quality: 0
Construction Type: 6
Building Style: 0
Exterior Walls Type: 0
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 0
Floor Count: 200
Living Units: 1
Floor Cover: 0
Basement Type: 0
Basement Area: 0
Garage Type: 0
Parking Space Count: 0
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 7,061

Lot Size Depth Feet: 1,070
Lot Size Frontage Feet: 660
Total Building Area: 1,708
Building Area: 1,708
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 0

Heating: 0
Heated Square Feet: 1,708
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Land Acres: 0000000162
Standard Land Use Code: 1001
County Land Use Code: 2

Neighborhood

School District Name: Edgewater Park Township School District

Census Tract: 701002

Geography

Assessors Map Reference: TAX MAP 9

District: 12
Parcel: 12 00903-0000-00027
Block: 903
Lot: 27
Municipality: EDGEWATER PARK TWP
Latitude: 40.0562
Longitude: -74.9066

Address

Full Address: 506 Otto Ave

Address - House Number: 506
Address - Street Name: Otto
Address - Suffix Type: Ave
State: NJ
City Name: Beverly
Carrier Code: C010
4-Digit Zip Code: 2012
Zip Code: 08010

Valuation

Tax

Tax Year: 2022

Tax Amount: $666,753

Appraisal Valuation

Standard Deviation: 0.098

Valuation Date: Jun 07, 2023
Confidence Score: 90
Final Value: 375,907
High Value: 412,778
Low Value: 339,036

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

Premium
First Open Lien Mortgage Lender:

Premium
First Open Lien Mortgage Recording Date:

Premium
First Open Lien Mortgage Loan Amount:

Premium
First Open Lien Mortgage Term:

Premium
First Open Lien Mortgage Position:

Premium
First Open Lien Mortgage Loan Type:

Premium
First Open Lien Mortgage Loan Due Date:

Premium

Market Valuation

Market Total Value: $194,900

Market Land Value: $68,700
Market Improvement Value: $126,200

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $194,900
Assessed Land Value: $68,700
Assessed Improvements Value: $126,200

Sales

Current Sale Contract Date: May 18, 2023

Current Sale Recording Date: Jun 05, 2023
Current Sale Price:

Premium
Current Sale Document Type: 27
Current Sale Input Document Number: 5833447
Previous Sale Recording Date: Nov 13, 2003
Previous Sale Contract Date: Oct 17, 2003
Previous Sale Amount: $204,900
Previous Sale Document Type: 27

Last Sale Mortgage

First Mortgage Lender:

Premium

First Mortgage Transaction Date:

Premium
First Mortgage Loan Amount:

Premium
First Mortgage Terms:

Premium
First Mortgage Loan Type:

Premium
First Mortgage Loan Due Date:

Premium

Previous Mortgages

Previous Mortgage Lender:

Premium

Previous Mortgage Transaction Date:

Premium
Previous Mortgage Loan Amount:

Premium
Previous Mortgage Term:

Premium
Previous Mortgage Loan Type:

Premium
Previous Mortgage Loan Due Date:

Premium

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Burlington

Stats & Trends

Median Asking:

$399,900

Sale Price/ft²

$240

Above Asking

0.12%

Average Days on Market

Average Home Size

2050 ft²

Average Home Age

45.8 years

Currently For Sale

1156 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 19 Ridgewood Place, WILLINGBORO, NJ, 08046

$2,200 /mo

2 Beds
1 Bath
1,270 ft²

19 Ridgewood Place, WILLINGBORO, NJ, 08046 Listing by Kuelvin H Valencia

Unit for rent at 811 Washington Avenue, CROYDON, PA, 19021

$2,200 /mo

2 Beds
1 Bath
1,670 ft²

811 Washington Avenue, CROYDON, PA, 19021 Listing by Kelly Slezak

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Haci Kose
RE/MAX Of Cherry Hill
Last Updated: 5 hours ago
Data Source: Bright MLS , MLS# NJBL2042132

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.

506 OTTO AVE

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Geography

Valuation

Comparables

About Burlington

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions