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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Owner options
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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#: NJBL2089394
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
| Date | Event | Price |
|---|---|---|
| 9/24/2025 | Sold | $625,000+4.3%$156/sqft |
Source: | ||
| 7/29/2025 | Contingent | $599,000$150/sqft |
Source: | ||
| 6/25/2025 | Listed for sale | $599,000+199.5%$150/sqft |
Source: | ||
| 8/30/2004 | Sold | $200,000$50/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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
- 5/10Hainesport Elementary SchoolGrades: PK-8Distance: 0.7 mi
- 4/10Rancocas Valley Reg High SchoolGrades: 9-12Distance: 2.7 mi
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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$570,100
2% more+ $11,402
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$581,502