50 Kanabe Dr · Burlington, NJ 08060

$335,000

3 bd · 1.5 ba · 1,440 sqft · Townhouse public records · 16 Days on market

Built 1985 9,064 sqft lot Est $327k · at est.

---

Why this score? — see what drove the D+ grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +19.2/30.0
• ARV discount +6.4/15.0
• DSCR +6.0/10.0
• 1% rule +5.3/10.0
• Livability +3.9/5.0
• Schools +3.1/10.0
• Rent growth +2.9/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to 50 Kanabe Dr! A Stunning 3-bedroom, 1.5-bathroom Westampton townhome featuring modern renovations. Enjoy the elegance of comfort and style with features such as engineered laminate hardwood on the first level, an extraordinary kitchen with granite counters, upgraded soft grey cabinetry, decorative tile backsplash, and stainless steel appliances. The spacious living room boasts a fireplace, ideal for gatherings, and sliders to a private and scenic backyard oasis with a lake view. Upstairs, find new carpeting, an upgraded bathroom with a custom-tiled oversized shower and new vanity as well as three generously sized bedrooms. Recessed lighting, and light, bright and neutral paint palette. There is also outdoor storage area in the back yard. Conveniently located near shopping and dining make this a great place to call home. Not to be missed!

Key facts

• Large backyard
• New solar system
• Modernized interior

Tags

• NEW ROOF
• NEW SOLAR SYSTEM
• DEDICATED PARKING SPACES
• LARGE BACKYARD
• MODERNIZED INTERIOR
• FUNCTIONAL LAYOUT

Property features AI

Exterior

• Parking: Driveway
• Utilities: Public water; Public sewer
• Home design: End-of-row townhouse; Fee simple ownership; Finished above-grade area reported as 1,440 (assessor)
• Construction: Crawl space foundation; Other structures both above grade and below grade; Year built reported by assessor
• Exterior features: No tidal water

Interior

• Bedrooms: Three bedrooms on the upper level
• Bathrooms: One full bathroom on upper level; One half bathroom on main level
• Heating & cooling: Forced air heating (natural gas); Central air conditioning (electric); Natural gas hot water
• Interior features: Living area reported by assessor; No basement

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath townhouse listed at $335k.

Deal economics

• At list price, monthly cash flow is $359 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $335k).
• Recommended offer: $330k (1.5% below list) — sets the bar for market timing.
• Cap rate 7.6% vs local median 4.6% in Burlington — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 78/100 on livability (#89 in NJ, #2,359 nationally) — a middle-class / working-renter tenant base. Strengths: housing A+, health & safety A+, cost of living A-; Watch: schools C-, amenities F.
• Westampton Township Public School District (suburban): math 17% / reading 44% proficiency, ranked #288 of 472 in NJ (top 61%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; only 15% free/reduced lunch — higher-income household profile.
• Market conditions: Rents rising (+1.4%/yr); 134 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals leasing fast (median 2d on market — plan ~1-2 weeks tenant-placement turnaround); solid renter incomes; 2,161 units permitted in Burlington County in 2024 (988 in 5+ unit buildings).
• This rent runs 38% of the median local income ($109k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $10k of value loss. Plan a longer hold.
• Burlington County population projected to shrink 5% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.

Negotiation context

• It's been on market 16 days — a 2% lower offer ($330k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 2y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $290k; 16% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 55% chance of damaging wind over 30y; extreme-heat days projected 7→15/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $329,975 (1.5% below list)

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
3. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
4. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
5. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.03% ✓
• Cap rate: 7.58%
• Cash-on-cash: 4.59%
• DSCR: 1.20
• GRM: 8.1

CMA / ARV

• ARV (on-the-fly): $326,880
• Comps found: 8

Show comp detail 8 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
90 Kanabe Dr	0.11mi	3/1.5	1,426 (-1%)	1mo	$330,000	$231	92
4 Steinway Ct	0.04mi	3/1.5	1,426 (-1%)	5mo	$318,000	$223	92
36 Kanabe Dr	0.04mi	3/1.5	1,440 (0%)	8mo	$292,500	$203	92
56 Kanabe Dr	0.01mi	3/1.5	1,440 (0%)	14mo	$320,000	$222	88
108 Kanabe Dr	0.12mi	3/1.5	1,440 (0%)	17mo	$355,000	$247	81
102 Kanabe Dr	0.12mi	3/1.5	1,440 (0%)	24mo	$311,000	$216	75
6 Churchill St	0.53mi	3/1.5	1,618 (+12%)	0mo	$368,000	$227	54
127 Greenwich Dr	0.51mi	3/1.5	1,306 (-9%)	9mo	$341,000	$261	53

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 1.42% rent growth · sell at horizon

5-year hold

• IRR: -10.9%
• Equity multiple: 0.61×
• Total profit: $-36,736
• Equity at exit: $49,950

10-year hold

• IRR: -4.1%
• Equity multiple: 0.75×
• Total profit: $-23,643
• Equity at exit: $28,965

Cash invested: $93,800 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 21 Tenant-Leaning
• State New Jersey: 21 Tenant-Leaning · D+6
• County: — inherits STATE
• City: — inherits STATE

Anti-eviction Act requires just-cause statewide; rent control in 100+ municipalities; one of the most tenant-friendly states.

Methodology + full state rankings →

ZIP-level market 08060

• Home prices YoY: -34.5%
• Rents YoY: 1.4%
• Active inventory: 134
• Price-to-rent: 8.1×

Monthly cashflow live

• Estimated rent: $3,440 medium
• Mortgage (P&I): −$1,757
• Tax from tax record: −$462 /mo · $5,548/yr
• Insurance: −$140
• HOA: −$0
• Vacancy / Maint / Mgmt: −$722
• Net cashflow: $359

Break-even live

Break-even rent $2,986

Max offer price $335,000

Occupancy floor 85%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $83,750
• Closing costs: $10,050
• Reserves months: —
• Total cash needed: —

Rent comps 3 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
502 Bloomfield Dr Westampton, NJ	4.0	3.0	1666	$4,950	$2.97	1d	1	0.97mi
1 Kirby Ct Mt Holly, NJ	1.0–3.0	1.0–2.5	1349	$3,125	$2.32	1d	12	1.33mi
302 Barrington Ct Mt Holly, NJ	1.0–3.0	1.0–2.5	1226	$2,959	$2.41	1d	9	1.34mi

Listing history 16 events

1. 2026-06-13
   statusdays on market $335,000 Pending 16 DOM
2. 2026-06-09
   days on market $335,000 Active 13 DOM
3. 2026-06-08
   days on market $335,000 Active 12 DOM
4. 2026-06-07
   days on market $335,000 Active 11 DOM
5. 2026-06-04
   days on market $335,000 Active 8 DOM
6. 2026-06-03
   days on market $335,000 Active 7 DOM
7. 2026-06-02
   days on market $335,000 Active 6 DOM
8. 2026-06-01
   days on market $335,000 Active 5 DOM
9. 2026-05-31
   days on market $335,000 Active 4 DOM
10. 2026-05-27
    listed $335,000 Active
11. 2024-03-07
    soldstatus $290,000
12. 2024-02-28
    soldstatus $290,000 Closed 860-char remark

    Show marketing remark (860 chars)

    Welcome to 50 Kanabe Dr! A Stunning 3-bedroom, 1.5-bathroom Westampton townhome featuring modern renovations. Enjoy the elegance of comfort and style with features such as engineered laminate hardwood on the first level, an extraordinary kitchen with granite counters, upgraded soft grey cabinetry, decorative tile backsplash, and stainless steel appliances. The spacious living room boasts a fireplace, ideal for gatherings, and sliders to a private and scenic backyard oasis with a lake view. Upstairs, find new carpeting, an upgraded bathroom with a custom-tiled oversized shower and new vanity as well as three generously sized bedrooms. Recessed lighting, and light, bright and neutral paint palette. There is also outdoor storage area in the back yard. Conveniently located near shopping and dining make this a great place to call home. Not to be missed!

13. 2024-01-15
    status Pending 860-char remark

    Show marketing remark (860 chars)

    Welcome to 50 Kanabe Dr! A Stunning 3-bedroom, 1.5-bathroom Westampton townhome featuring modern renovations. Enjoy the elegance of comfort and style with features such as engineered laminate hardwood on the first level, an extraordinary kitchen with granite counters, upgraded soft grey cabinetry, decorative tile backsplash, and stainless steel appliances. The spacious living room boasts a fireplace, ideal for gatherings, and sliders to a private and scenic backyard oasis with a lake view. Upstairs, find new carpeting, an upgraded bathroom with a custom-tiled oversized shower and new vanity as well as three generously sized bedrooms. Recessed lighting, and light, bright and neutral paint palette. There is also outdoor storage area in the back yard. Conveniently located near shopping and dining make this a great place to call home. Not to be missed!

14. 2024-01-09
    historical Active Under Contract 860-char remark

    Show marketing remark (860 chars)

    Welcome to 50 Kanabe Dr! A Stunning 3-bedroom, 1.5-bathroom Westampton townhome featuring modern renovations. Enjoy the elegance of comfort and style with features such as engineered laminate hardwood on the first level, an extraordinary kitchen with granite counters, upgraded soft grey cabinetry, decorative tile backsplash, and stainless steel appliances. The spacious living room boasts a fireplace, ideal for gatherings, and sliders to a private and scenic backyard oasis with a lake view. Upstairs, find new carpeting, an upgraded bathroom with a custom-tiled oversized shower and new vanity as well as three generously sized bedrooms. Recessed lighting, and light, bright and neutral paint palette. There is also outdoor storage area in the back yard. Conveniently located near shopping and dining make this a great place to call home. Not to be missed!

15. 2024-01-03
    listed $299,900 Active 860-char remark

    Show marketing remark (860 chars)

    Welcome to 50 Kanabe Dr! A Stunning 3-bedroom, 1.5-bathroom Westampton townhome featuring modern renovations. Enjoy the elegance of comfort and style with features such as engineered laminate hardwood on the first level, an extraordinary kitchen with granite counters, upgraded soft grey cabinetry, decorative tile backsplash, and stainless steel appliances. The spacious living room boasts a fireplace, ideal for gatherings, and sliders to a private and scenic backyard oasis with a lake view. Upstairs, find new carpeting, an upgraded bathroom with a custom-tiled oversized shower and new vanity as well as three generously sized bedrooms. Recessed lighting, and light, bright and neutral paint palette. There is also outdoor storage area in the back yard. Conveniently located near shopping and dining make this a great place to call home. Not to be missed!

16. 1985-11-26
    soldstatus $65,490

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast NJ · Partial reset (capped growth)

• Current annual tax: $5,548 · $462/mo
• Projected year-2 tax: $6,945 · $579/mo
• Expected delta: +$1,397/yr (+$116/mo · 25.2%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 2/10 Low
• 🌡 Heat 6/10 Major 7 d/yr ≥105°F today · 15 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 55% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 5 unhealthy d/yr today · 7 by 30 yrs out

Taxation est. · year 1

• Rental income: $41,279
• − Mortgage interest: −$18,765
• − Property taxes: −$5,548
• − Insurance: −$1,675
• − Repairs & maintenance: −$3,302
• − Management: −$3,302
• − Depreciation: −$9,745
• Taxable loss: −$1,059
• Est. tax savings @ 24.0%: +$254
• After-tax cash flow: $4,560/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Westampton Township Public School District
• NCES district ID: 3417730
• Math proficiency: 17% ▼ -21.00%
• Reading proficiency: 44% ▼ -12.00%
• Median HH income: $97,154
• Composite: 31.02/100
• National rank: #6090
• State rank: #288 of 472 in NJ

Livability — Burlington

• Score: 78/100
• State rank: #89
• US rank: #2359

Category grades

Amenities F Commute C+ Cost of living A- Crime B- Employment B Housing A+ Health & safety A+ User ratings A+

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Burlington County · 323,710 people
• Metro: Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
• Population (ZIP): 25,835
• Household income: $109,292
• Rent vs Own: 26.0% rent · 74.0% own
• Severe rent burden: 562.0

Population outlook (Burlington County) Hauer SSP2

• Today (2025): 453,425 people
• By 2030: 452,359 · -0.2%
• By 2040: 445,033 · -1.9%
• By 2050: 431,760 · -4.8%
• By 2075: 406,277 · -10.4%
• By 2100: 364,732 · -19.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.68)
• Race & ethnicity: White 49% Black 25% Two or more races 15% Hispanic / Latino 13% Asian 4%
• Hispanic origin (detail): Mexican 2% Puerto Rican 7%
• Common ancestry: Romanian 4% Lithuanian 2% Italian 1%
• Foreign-born: 11% · Canada, Dominican Republic, China
• Languages at home: 87% English-only · Spanish 7% Other Indo-European 2% French/Haitian/Cajun 1%

Political lean MEDSL · Burlington

• 2024 margin: D (+16.6) · D 57.6% · R 41.0% · Other 1.3%
• 2008→2024 swing: -2.0pp toward R · 2008: 18.6pp · 2024: 16.6pp
• All cycles: 2024: D+16.6 2020: D+19.5 2016: D+14.8 2012: D+18.7 2008: D+18.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -156.50%
• Current HPI: 296.564
• Rent YoY: ▲ 1.42%
• Metro: Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
• State GDP YoY: ▲ 2.05%
• F500 in state: 34

Industry mix (Fortune 500 HQ in NJ)

Industry	F500 HQs	Revenue
▸Consumer Goods	3	$31B
▸Pharmaceuticals	2	$153B
▸Technology	2	$21B
▸Insurance	2	$20B
▸Healthcare	2	$19B
▸Financial Services	1	$70B

Price history

+411.5% since first listed

7 events — show timeline

• 2026-05-27 Listed $335,000 BRIGHT MLS
• 2024-03-07 Sold (Public Records) $290,000 Public Records
• 2024-02-28 Sold (MLS) $290,000 BRIGHT MLS
• 2024-01-15 Pending — BRIGHT MLS
• 2024-01-09 Contingent — BRIGHT MLS
• 2024-01-03 Listed $299,900 BRIGHT MLS
• 1985-11-26 Sold (Public Records) $65,490 Public Records

Property tax history

+4.0%/yr

Latest (2025): $5,548 · +15.8% YoY. Source: county tax records.