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Burlington 08088
9 Johnson Road
$380,000
● House - Off Market

9 Johnson Road

Vincentown, NJ 08088
bedrooms
2 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,232 Ft²
$387,823
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model

About This Property

This HOME is 3.25 acres of Privacy and Seclusion located on a dead-end street and is Single Family Residential/Business Zoned with so many possibilities. You will find 2 bedrooms, 2 1/2 baths, 2 bonus rms, open concept kitchen/Lvg Rm and full basement. This home has been remodeled with many upgrades; kitchen cabinets, granite countertops, large farm sink, stainless appliances, vinyl planking laminate thru-out, ceramic tiles, lighting, doors, main level laundry room/owners suite closet, etc. Outside has 2 storage sheds and 1 workshop shed, all with electric and outlets. The gravel driveway is circular with lots of parking for entertaining,  on the beautiful floating deck with lighting and hammocks to relax and enjoy.  There is also a playset and trash shed. This home is truly move-in ready.
Unit Size
1,232 Ft²
Days on Market
-
Land Size
3.25 acres
Price per sqft
$298
Property Type
House
Property Taxes
$583
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: 3 years ago (MOMLS #22227320)

Price History

Date / Event Date Event Price
Nov 4, 2022 Sold
Premium
Sold
Aug 28, 2022 Listed by Glen Kelly Real Estate LLC $367,500
Listed by Glen Kelly Real Estate LLC
Dec 18, 2018 Sold
Premium
Sold
Sep 14, 2018 Listed by Weichert Realtors-Medford $219,999
Listed by Weichert Realtors-Medford
Large 4 bedroom home, on over 3 acres. So much privacy and seclusion.

Property Highlights

Parking Available
Garage
Air Conditioning

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: 141,570
  • Total Building Area: 1,232
  • Building Area: 1,232
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,232
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000003250
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Woodland Township School District
  • Census Tract: 704700

Geography

  • District: 39
  • Parcel: 39 00401-0000-00001- 06
  • Block: 401
  • Lot: 1.06
  • Municipality: WOODLAND TWP
  • Latitude: 39.8937
  • Longitude: -74.5929

    Address

  • Full Address: 9 Johnson Rd
  • Address - House Number: 9
  • Address - Street Name: Johnson
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Vincentown
  • Carrier Code: R001
  • 4-Digit Zip Code: 9677
  • Zip Code: 08088

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $738,860

    Appraisal Valuation

  • Standard Deviation: 0.1755
  • Valuation Date: Jan 18, 2023
  • Confidence Score: 77
  • Final Value: 375,375
  • High Value: 441,257
  • Low Value: 309,493

    Market Valuation

  • Market Total Value: $267,800
  • Market Land Value: $131,500
  • Market Improvement Value: $136,300

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $267,800
  • Assessed Land Value: $131,500
  • Assessed Improvements Value: $136,300

    Sales

  • Current Sale Contract Date: Oct 17, 2022
  • Current Sale Recording Date: Nov 17, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 5797411
  • Previous Sale Recording Date: Jan 16, 2019
  • Previous Sale Contract Date: Jan 10, 2019
  • Previous Sale Amount: $190,000
  • 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

Below Asking

0.01%

Average Days on Market

57

Average Home Size

1993 ft²

Average Home Age

45.8 years

Currently For Sale

1699 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 408 California Trl, BROWNS MILLS, NJ, 08015

$2,900 /mo

  • 4 Beds
  • 1 Bath
  • 1,432 ft²
408 California Trl, BROWNS MILLS, NJ, 08015 Listing by Lisa B Hopewell

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Glen Kelly, Glen Kelly Real Estate LLC
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22227320
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 9 Johnson Road built and last sold?
The property at 9 Johnson Road was built in 1996 and last sold on Oct 17, 2022 for $380,000.
How much is this home worth?
The estimated value of the home located at 9 Johnson Road is $0.
What are some comparable homes to 9 Johnson Road?
There are currently no comparable homes to 9 Johnson Road.
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