Burlington
67 RIDGE AVE
$187,500
●
House -
Off Market
67 RIDGE AVE
LUMBERTON, NJ 08060
2 Beds
1 Bath
728 Ft²
$232,839
RealtyHop Estimate
17.00%
Since Jul 1, 2021
National-US
Primary Model
About This Property
Wow, a cute bungalow updated a must-see for the price. This home
features an updated kitchen with beautiful white cabinets, granite
countertops, and hardwood floors. Why rent when you can own. The
seller added a brand new septic system.
Unit Size
728 Ft²
Days on Market
-
Land Size
-
Price per sqft
$273
Property Type
House
Property Taxes
$286
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: 4 years ago (Bright MLS #NJBL396214)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 25, 2021 | Sold | ||
| Sold | |||
| Apr 24, 2021 | Listed by Keller Williams Premier | $199,000 | |
| Listed by Keller Williams Premier | |||
| Dec 2, 2020 | Sold | ||
| Sold | |||
| Apr 21, 2020 | Listed by REALHome Services and Solutions, Inc. | $74,200 | |
| Listed by REALHome Services and Solutions, Inc. | |||
| | |||
|
Looking for a great opportunity? Look no more! This property has tons of potential, this home was built inapprox 1955 with approx 728 square feet of living space. This home has tons of character and charm. It islocated close to main roads with easy access to local amenities. This property will not last. ***PropertyCondition Disclosure, EXT- Several windows and wood trim/frames missing paint and or peeling. Front:Section of gutter in disrepair and fascia paint peeling. Rear: Window in disrepair, covered with plastic,paint peeling from siding. Right side: Severe paint peeling on window and shutters. INT- LR: Windowframe decayed. EIK: Cabinets, counters and sink removed. Hall: Section of ceil removed, attic door andsection of molding missing. BD1+2: ***
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Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Burlington
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Listed by: Nativita Warner
Keller Williams Premier
Last Updated: 2 hours ago
Data Source: Bright MLS , MLS# NJBL396214
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 Premier
Last Updated: 2 hours ago
Data Source: Bright MLS , MLS# NJBL396214
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