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Sold for $625,000 on 09/24/25
  • $625,000

    509 Lumberton Rd, Hainesport, NJ 08036

    7beds
    --baths
    3,996sqft
    Quadruplex
    Built in 1910
    -- sqft lot
    $570,100 Zestimate®
    $156/sqft
    $1,954 Estimated rent

    Home value

    $570,100

    $542,000 - $599,000

    $1,954/mo

    Zestimate® history
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    What's special

    MULTIPLE OFFERS RECEIVED, PLEASE SUBMIT, BEST, AND FINAL BY FRIDAY, JULY 18, 6 pm. Opportunity is knocking ..... Passive Income Special !!! This 4-unit dwelling is situated on a 1.14-acre lot in the tax-friendly municipality of Hainesport. This 4-plex consists of (1)3-bedroom unit, (1)2-bedroom unit, and (2) 1-bedroom units (one of which is a studio). Additionally, the property features a 3-bay detached garage, which can be leased separately, providing an additional steady stream of income. With some updating and remodeling, this 4-unit multi-family property lends itself to a very positive ROI. Property being conveyed in"AS IS" condition. The seller will be responsible for obtaining the " certificate of occupancy." All units are occupied with the present leases in different stages of their lease term (below the comparable market rate). NO SEPTIC SYSTEM- PUBLIC WATER and SEWER! The tenant is responsible for their utilities ( gas /electric) and tenant's insurance. The owner is responsible for water/sewer and maintenance of the grounds. Additionally, there is ample parking and a full basement. The home backs up to the treed property line, offering a spacious rear yard. Property is located right off of Route 38 and is most convenient to shopping, and eateries, and just minutes to Route 295. Opportunities like this don't present themselves often. DO THE MATH !!Set up all showings through the listing agent. .

    Zillow last checked: 8 hours ago

    Listing updated: September 24, 2025 at 09:33am

    Listed by:

    Joe McColgan 609-314-9862,

    Coldwell Banker Realty

    Bought with:

    Frances Moehring, 8332407

    Better Homes and Gardens Real Estate Murphy & Co.

    Source: Bright MLS,MLS#: NJBL2089394MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    Basement
    • Area: 0
    Heating
    • Radiator, Natural Gas
    Cooling
    • Window Unit(s), Electric
    Appliances
    • Included: Gas Water Heater
    Features
    • Basement: Exterior Entry
    • Has fireplace: No
    Interior area
    • Total structure area: 3,996
    • Total interior livable area: 3,996 sqft

    Property

    Parking
    • Parking features: Off Street
    Accessibility
    • Accessibility features: Accessible Entrance, Accessible Doors
    Features
    • Exterior features: Lighting
    • Pool features: None
    Lot
    • Features: Rear Yard, Suburban
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 1600050 0100005
    • Zoning: MULTIPLE UNIT DWELLING
    • Zoning description: 4 Units
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Colonial
    • Property subtype: Quadruplex
    Materials
    • Frame
    • Foundation: Other
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1910

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable

    Community & neighborhood

    Location
    • Region: Hainesport
    • Municipality: HAINESPORT TWP

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Income includes: Apartment Rentals, Other
    • Listing terms: Conventional,Cash
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    9/24/2025Sold$625,000+4.3%$156/sqft
    Source: Bright MLS #NJBL2089394 Report a problem
    7/29/2025Contingent$599,000$150/sqft
    Source: Bright MLS #NJBL2089394 Report a problem
    6/25/2025Listed for sale$599,000+199.5%$150/sqft
    Source: Bright MLS #NJBL2089394 Report a problem
    8/30/2004Sold$200,000$50/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,849 +4.4%$257,000
    2024$6,561 $257,000
    2023-- $257,000

    Find assessor info on the county website

    Neighborhood: 08036

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • High: Rancocas Valley Reg. H.s.
    • District: Rancocas Valley Regional Schools

    Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Sell for more on Zillow
    Get a free Zillow Showcase℠ listing and you could sell for .
    $570,100
    2% more+ $11,402
    With Zillow Showcase(estimated)
    $581,502