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Burlington 08054
56 BROADACRE DR
$590,000
● House - Off Market

56 BROADACRE DR

MOUNT LAUREL, NJ 08054
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,710 Ft²
$672,775
RealtyHop Estimate
17.00%
Since Jul 1, 2021
National-US
Primary Model

About This Property

Calton Home Classic 4 Bedroom Center Hall Colonial with covered front porch.  Features Two Story Foyer with turned Staircase, Hardwood Floors and 9-foot ceilings! Formal living room opens to the dining room for ease of entertainment.  The first-floor office/playroom with glass French doors & adjacent powder room are conveniently located off the kitchen.   Spacious sun-drenched kitchen offers view of the lush back yard, has a center island, pantry, new oven & opens to the family room.  Both kitchen and family room have sliders to the patio. An inviting, bright family room with bamboo floors and 2 skylights. Second floor consists of a large master suite with walk-in closet, bath with 2 sinks, garden tub, shower and private toilet. Additional three nice size bedrooms one with large walk-in closet, hall bath and linen closet complete the second level. Fully finished basement adds major square footage to this home & includes versatile finished areas: possible 5th bedroom/office, large game room with pool table included, large TV area & plenty of storage.  Roof is 2 years old, heat and a/c about 6 years
Unit Size
2,710 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$212
Property Type
House
Property Taxes
$1,097
HOA Dues
-
Year Built
1996

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Cap Rate Calculator

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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: 4 years ago (Bright MLS #NJBL396400)

Price History

Date / Event Date Event Price
Jun 24, 2021 Sold
Premium
Sold
Apr 27, 2021 Listed by Long & Foster Real Estate, Inc. $575,000
Listed by Long & Foster Real Estate, Inc.

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • 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: 19,998
  • Total Building Area: 2,710
  • Building Area: 2,710
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,710
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000459
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Lenape Regional School District
  • Census Tract: 702908

Geography

  • District: 24
  • Parcel: 24 00700- 04-00031
  • Block: 700.04
  • Lot: 31
  • Municipality: MT LAUREL TWP
  • Latitude: 39.9254
  • Longitude: -74.8951

    Address

  • Full Address: 56 Broadacre Dr
  • Address - House Number: 56
  • Address - Street Name: Broadacre
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Mount Laurel
  • Carrier Code: R054
  • 4-Digit Zip Code: 4705
  • Zip Code: 08054

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,368,959

    Appraisal Valuation

  • Standard Deviation: 0.1773
  • Valuation Date: Jan 18, 2023
  • Confidence Score: 77
  • Final Value: 686,836
  • High Value: 808,624
  • Low Value: 565,049

    Market Valuation

  • Market Total Value: $452,100
  • Market Land Value: $145,000
  • Market Improvement Value: $307,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $452,100
  • Assessed Land Value: $145,000
  • Assessed Improvements Value: $307,100

    Sales

  • Current Sale Contract Date: Jun 21, 2021
  • Current Sale Recording Date: Jul 21, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 5663834
  • Previous Sale Recording Date: Feb 09, 1999
  • Previous Sale Contract Date: Aug 28, 1998
  • Previous Sale Amount: $285,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Burlington

Stats & Trends

Median Asking:

$399,900

Sale Price/ft²

$240

Above Asking

0.12%

Average Days on Market

62

Average Home Size

2056 ft²

Average Home Age

45.4 years

Currently For Sale

1134 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 122 Camber Lane, MOUNT LAUREL, NJ, 08054

$2,500 /mo

  • 2 Beds
  • 2 Baths
  • 1,224 ft²
122 Camber Lane, MOUNT LAUREL, NJ, 08054 Listing by Michelle J Carite
Unit for rent at 244 Everly Court, MOUNT LAUREL, NJ, 08054

$2,300 /mo

  • 2 Beds
  • 2 Baths
  • 1,336 ft²
244 Everly Court, MOUNT LAUREL, NJ, 08054 Listing by Sandhyarani Kakani
Unit for rent at 506b Ralston Drive, MOUNT LAUREL, NJ, 08054

$2,500 /mo

  • 2 Beds
  • 1 Bath
  • 1,164 ft²
506b Ralston Drive, MOUNT LAUREL, NJ, 08054 Listing by Michelle L Garey

Rentals Near You

Click here to view more rentals in the neighborhood.
Bright MLS

Listed by: Mary Deaux
Long & Foster Real Estate, Inc.
Last Updated: 0 hours ago
Data Source: Bright MLS , MLS# NJBL396400
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.

Frequently Asked Questions

When was property at 56 Broadacre Drive built and last sold?
The property at 56 Broadacre Drive was built in 1996 and last sold on Jun 21, 2021 for $590,000.
How much is this home worth?
The estimated value of the home located at 56 Broadacre Drive is $0.
What are some comparable homes to 56 Broadacre Drive?
There are currently no comparable homes to 56 Broadacre Drive.
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