Burlington
6 GERBER LANE
1
Map
$349,777
●
House -
For Sale
6 GERBER LANE
EASTAMPTON, NJ 08060
4 Beds
3 Baths
2,033 Ft²
$2,277
Est. Monthly
About This Property
Cash-flowing investment opportunity in Eastampton: three individual
single-family homes,1, 3 and 6 Gerber, on an 0.82-acre lot (one
block and lot, one deed), all tenant-occupied with leases in place
through 2027. Two 1-bedroom/1-bath homes and one 2-bedroom/1-bath
home currently gross $3,450 per month, with two of the tenancies
supported by State of NJ rental assistance. Per the leases, tenants
pay electric, water, and heat; landlord pays sewer and trash and
snow plowing of the road. Recent capital work includes new
sewer lines to all three homes (2025), new windows throughout
(2023-2025), a new roof on 3 Gerber (2024), and a transferable
lead-free interior certificate (2025). Public water and sewer,
electric baseboard heat, and low-maintenance one-story frame
construction on a private lane along the Rancocas Creek. Sold
strictly as-is with tenants in place, subject to their leases;
buyer is responsible for the certificate of occupancy. Income and
expense summary and leases available for qualified buyers. Please
do not approach the properties without a confirmed appointment.
Unit Size
2,033 Ft²
Days on Market
-
Land Size
0.82 acres
Price per sqft
$172
Property Type
House
Property Taxes
$560
HOA Dues
-
Year Built
1940
Listed By
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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: 20 days ago (Bright MLS #NJBL2120338)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 9, 2026 | Listed by Keller Williams Realty - Moorestown | $349,777 | |
| Listed by Keller Williams Realty - Moorestown | |||
| Jul 14, 2015 | Sold | ||
| Sold | |||
| Mar 1, 2015 | Listed by Century 21 Alliance-Pemberton | $90,000 | |
| Listed by Century 21 Alliance-Pemberton | |||
| | |||
|
Great Investment Opportunity! 3 units on one property. First unit - 1 bedroom, 1 bath unit, living room and eat in kitchen. Newer siding, newer flooring and paint. Second unit - 1 bedroom, 1 bathroom, living room with wood stove, and kitchen. Third unit - Just a shell. In need of complete rehab. Currently used as storage, but still generating a monthly income. Public water/sewer. Property being sold in AS IS condition.
| |||
Property Highlights
Air Conditioning
Parking Details
Parking Features: Driveway
Interior Details
Full Bathrooms: 3
Exterior Details
Square Footage: 2033
Square Footage Source: $0
Architectural Style: Other
Year Built Source: Assessor
Year Built: 1940
Levels: 1
Other Structures: Above Grade, Below Grade
Construction Materials: Other
Lot Size Area: 35719
Lot Size Units: Square Feet
Lot Size Acres: 0.82
Lot Size Square Feet: 35719
Tax Lot: 00008 01
Water Source: Public
Financial Details
Tax Assessed Value: $190,200
Tax Annual Amount: $6,714
Utilities Details
Cooling Type: Window Unit(s)
Heating Type: Baseboard - Electric
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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ft²
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About Burlington
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Listed by: Austin Cennimo
Keller Williams Realty - Moorestown
Last Updated: 9 hours ago
Data Source: Bright MLS , MLS# NJBL2120338
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.
Keller Williams Realty - Moorestown
Last Updated: 9 hours ago
Data Source: Bright MLS , MLS# NJBL2120338
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017