540 WESTFIELD ROAD
About This Property
Upon entering the property via a private lane, you'll find the home set approximately 185 feet back from Westfield Road, providing a sense of calm and seclusion. The residence is conveniently connected to public water and sewer services, ensuring a stress-free living experience.
Step inside to discover an exquisite blend of vintage charm and contemporary enhancements. Select areas boast original Heartwood Pine floors, adding warmth and character, while the open kitchen and family room are equipped with modern amenities. Renovated in 2021, the kitchen features a farmhouse sink, solid surface countertops, and a full suite of appliances, including a cooktop range, warming drawer, and stainless steel oven.
In 2022, the home's HVAC system was upgraded to a two-zone climate control system for optimal comfort. The second-floor system, situated in the attic, includes a new compressor and fan replaced in 2002. Energy efficiency is further improved with all-new windows installed in 2020, and the ambiance is enhanced by recessed lighting throughout the main living areas.
The dining room, with custom built-in cabinetry and a large picture window, pays homage to classic design, while the front room, currently used as an office, opens to a cozy porch-ideal for morning coffee or evening relaxation.
Upstairs, the spacious primary bedroom spans approximately 20x20 feet, featuring wood floors, a walk-in closet, and a luxurious ensuite bathroom with a jacuzzi tub, stand-up shower, double vanity, and recessed lighting. Additional bedrooms share a hall bathroom with newly updated plumbing.
Storage options abound with a full basement, high ceilings, and a main level coat closet. Practical touches include an upstairs laundry, hall linen closet, and accessible attic. The attic offers potential for a fifth bedroom or home office, along with extra storage and a potential third bathroom.
Outside, the property boasts a detached private art studio awaiting your personal touch, two sheds for additional storage, and a patio-all accompanied by the benefit of reasonable taxes. The "L" shape lot and R-2 residential zoning also offer the possibility of subdividing the property if desired.
Experience the perfect blend of historic elegance and modern living at 540 Westfield Road-an unparalleled opportunity in Moorestown, NJ. Make this delightful property your forever home and embrace the serene lifestyle it promises.
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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%.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 9, 2025 | Sold | ||
| Sold | |||
| May 31, 2025 | In contract | - | |
| In contract | |||
| Apr 10, 2025 | Listed by Compass New Jersey, LLC - Moorestown | $850,000 | |
| Listed by Compass New Jersey, LLC - Moorestown | |||
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About Burlington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017