4 Hamilton Ln · Burlington, NJ 08046

$380,000

4 bd · 2.0 ba · 1,562 sqft · SingleFamily public records · 73 Days on market

Built 1963 6,499 sqft lot Est $387k · at est.

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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 +16.1/30.0
• ARV discount +8.4/15.0
• DSCR +5.0/10.0
• 1% rule +4.5/10.0
• Livability +3.9/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.7/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

4 bedroom 2 full baths, cape cod with one car garage. This home is in need of full renovation. It has new heater and a/c unit. selling strictly as is.

Key facts

• 6,499 sq ft lot
• Garage
• Built 1963

Property features AI

Exterior

• Parking: Driveway; Detached front-entry garage with 1 garage space (1 total parking space)
• Utilities: Public water; Public sewer; Natural gas hot water; Natural gas heating; Electric cooling
• Home design: Detached structure; Frame construction; Asphalt roof; Slab foundation; Fee simple ownership
• Construction: Frame construction; Asphalt roof; Slab foundation; Above-grade and below-grade other structures
• Exterior features: Not in a federal flood zone; No tidal water

Interior

• Kitchen: Stove
• Bedrooms: Two bedrooms on the main level; Two bedrooms on the first upper level
• Flooring: Carpet; Laminate
• Bathrooms: One full bathroom on the main level; One full bathroom on the first upper level; Two full bathrooms total
• Heating & cooling: Forced air heating (natural gas); Electric cooling (other type)
• Interior features: Estimated above-grade living area; Basement (other)
• Laundry & utility: Main-floor laundry

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $380k.

Deal economics

• At list price, monthly cash flow is $197 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $361k (4.9% below list).
• Recommended offer: $357k (6.0% below list) — sets the bar for market timing.
• Cap rate 6.9% vs local median 4.9% 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: amenities F.
• Willingboro Public School District (suburban): math 5% / reading 30% proficiency, ranked #433 of 472 in NJ (top 92%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Zoned schools: Hawthorne Park Elementary School (math 8% / reading 27%, grade F, #1,065 of 1,303 statewide, top 83%, 392 students, 10% FRL); Willingboro Memorial Middle School (math 5% / reading 34%, grade F, #398 of 431 statewide, top 93%, 600 students, 8% FRL); Willingboro High School (math 2% / reading 37%, grade F, #354 of 399 statewide, top 89%, 842 students, 0% FRL) — zoned schools average 6% FRL vs 48% district-wide (42 pts lower); this property's tenant base skews higher-income than the district average.
• Market conditions: 155 active listings in the ZIP; 19 comparable units currently listed for rent nearby; rentals leasing fast (median 0d 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 44% of the median local income ($98k/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 $3k of loan paydown is wiped out by about $11k 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 73 days — a 6% lower offer ($357k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 6y 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 $248k; list at $380k implies a 54% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 27% 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 $357,200 (6.0% below list)

Questions for the listing agent

1. It's been on market 73 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1963 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. 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.
7. 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.
8. 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: 0.95% ✗
• Cap rate: 6.91%
• Cash-on-cash: 2.22%
• DSCR: 1.10
• GRM: 8.8

CMA / ARV

• ARV (on-the-fly): $387,376
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
20 Huntington Ln	0.15mi	4/2.0	1,562 (0%)	0mo	$335,000	$214	93
38 Hamilton Ln	0.12mi	5/2.0 (+1)	1,562 (0%)	2mo	$335,000	$214	88
534 Charleston Rd	0.35mi	3/2.0 (-1)	1,444 (-8%)	2mo	$407,000	$282	64
14 Mayapple Ln	0.66mi	4/2.0	1,624 (+4%)	0mo	$332,999	$205	62
31 Henderson Ln	0.46mi	3/2.0 (-1)	1,696 (+9%)	2mo	$280,000	$165	58
78 Gainscott Ln	0.59mi	4/2.0	1,705 (+9%)	2mo	$379,999	$223	56
11 Buxmont Ln	0.64mi	4/2.0	1,372 (-12%)	3mo	$340,000	$248	48
25 Blackwell Ln	0.70mi	4/2.0	1,372 (-12%)	1mo	$340,000	$248	46
11 Birdseye Ln	0.74mi	4/2.0	1,372 (-12%)	1mo	$400,000	$292	45
42 Maplewick Ln	0.62mi	3/2.0 (-1)	1,384 (-11%)	3mo	$350,000	$253	45
16 Echohill Ln	0.55mi	3/2.0 (-1)	1,776 (+14%)	3mo	$310,000	$175	44
42 Bucknell Ln	0.74mi	3/2.0 (-1)	1,384 (-11%)	2mo	$365,000	$264	40

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -12.8%
• Equity multiple: 0.54×
• Total profit: $-48,961
• Equity at exit: $56,659

10-year hold

• IRR: -3.7%
• Equity multiple: 0.75×
• Total profit: $-26,185
• Equity at exit: $32,855

Cash invested: $106,400 (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 08046

• Active inventory: 155
• Price-to-rent: 8.8×

Monthly cashflow live

• Estimated rent: $3,614 high
• Mortgage (P&I): −$1,993
• Tax from tax record: −$507 /mo · $6,083/yr
• Insurance: −$158
• HOA: −$0
• Vacancy / Maint / Mgmt: −$759
• Net cashflow: $197

Break-even live

Break-even rent $3,365

Max offer price $380,000

Occupancy floor 90%

Sensitivity live

Price	-10% $412	-5% $304	+0% $197	+5% $89	+10% $-18
Rent	-10% $-89	-5% $54	+0% $197	+5% $340	+10% $482
Rate	-1.0pp $388	-0.5pp $294	base $197	+0.5pp $98	+1.0pp $-2

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: $95,000
• Closing costs: $11,400
• Reserves months: —
• Total cash needed: —

Rent comps 19 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
5 Burgess Ln Willingboro, NJ	5.0	2.0	1864	$4,500	$2.41	0d	1	0.25mi
12 Holbrook Ln Willingboro, NJ	5.0	2.0	2100	$3,750	$1.79	16d	1	0.31mi
89 Hampshire Ln Willingboro, NJ	4.0	2.0	1562	$3,400	$2.18	12d	1	0.33mi
34 Hopkins Ln Willingboro, NJ	3.0	2.0	1696	$3,200	$1.89	0d	1	0.42mi
29 Hinsdale Ln Willingboro, NJ	4.0	2.0	1570	$3,750	$2.39	0d	1	0.57mi
10 Melville Ln Willingboro, NJ	4.0	2.5	1797	$3,000	$1.67	16d	1	0.63mi
17 Bonnie Ln Willingboro, NJ	4.0	2.5	1797	$2,890	$1.61	26d	1	0.67mi
46 Beaverdale Ln Willingboro, NJ	5.0	2.0	1650	$3,450	$2.09	16d	1	0.72mi
16 Elridge Ln Willingboro, NJ	3.0	2.0	1350	$2,650	$1.96	0d	1	0.82mi
41 Messenger Ln Willingboro, NJ	5.0	2.0	1497	$3,500	$2.34	7d	1	0.82mi
1 Mystic Way Willingboro, NJ	4.0	2.5	1952	$2,950	$1.51	0d	1	0.85mi
48 Sandstone Ln Willingboro, NJ	4.0	2.0	1372	$2,700	$1.97	0d	1	1.00mi
48 Marboro Ln Willingboro, NJ	4.0	2.0	1497	$3,995	$2.67	5d	1	1.11mi
17 Snowdon Ln Willingboro, NJ	3.0	2.0	1200	$2,700	$2.25	0d	1	1.11mi
6 Sherwood Ln Willingboro, NJ	4.0	2.0	1372	$3,200	$2.33	0d	1	1.18mi
61 Pennant Ln Willingboro, NJ	3.0	2.0	1384	$2,800	$2.02	3d	1	1.19mi
124 Pennypacker Dr Willingboro, NJ	5.0	2.0	1624	$4,450	$2.74	0d	1	1.19mi
74 Plumtree Ln Willingboro, NJ	4.0	2.0	1624	$3,000	$1.85	0d	1	1.34mi
51 Peacock Ln Willingboro, NJ	4.0	2.0	1372	$2,550	$1.86	0d	1	1.34mi

Listing history 33 events

1. 2026-06-21
   days on market $380,000 Active 73 DOM
2. 2026-06-18
   days on market $380,000 Active 70 DOM
3. 2026-06-17
   days on market $380,000 Active 69 DOM
4. 2026-06-16
   days on market $380,000 Active 68 DOM
5. 2026-06-15
   days on market $380,000 Active 67 DOM
6. 2026-06-13
   days on market $380,000 Active 65 DOM
7. 2026-06-13
   days on market $380,000 Active 64 DOM
8. 2026-06-09
   days on market $380,000 Active 61 DOM
9. 2026-06-08
   days on market $380,000 Active 60 DOM
10. 2026-06-07
    days on market $380,000 Active 59 DOM
11. 2026-06-04
    days on market $380,000 Active 56 DOM
12. 2026-06-03
    days on market $380,000 Active 55 DOM
13. 2026-06-02
    days on market $380,000 Active 54 DOM
14. 2026-06-01
    days on market $380,000 Active 53 DOM
15. 2026-05-31
    days on market $380,000 Active 52 DOM
16. 2026-05-18
    status Active
17. 2026-04-27
    historical Active Under Contract
18. 2026-04-15
    status Active
19. 2026-03-21
    historical Active Under Contract
20. 2026-03-10
    status Active
21. 2026-03-06
    historical Active Under Contract
22. 2026-03-05
    status Pending
23. 2026-02-18
    listed $380,000 Active
24. 2026-02-17
    historical $380,000
25. 2025-02-14
    soldstatus $247,500
26. 2025-02-05
    soldstatus $247,500 Closed 150-char remark

    Show marketing remark (150 chars)

    4 bedroom 2 full baths, cape cod with one car garage. This home is in need of full renovation. It has new heater and a/c unit. selling strictly as is.

27. 2025-01-27
    status Pending 150-char remark

    Show marketing remark (150 chars)

    4 bedroom 2 full baths, cape cod with one car garage. This home is in need of full renovation. It has new heater and a/c unit. selling strictly as is.

28. 2025-01-27
    price $247,500 150-char remark

    Show marketing remark (150 chars)

    4 bedroom 2 full baths, cape cod with one car garage. This home is in need of full renovation. It has new heater and a/c unit. selling strictly as is.

29. 2025-01-20
    historical Active Under Contract 150-char remark

    Show marketing remark (150 chars)

    4 bedroom 2 full baths, cape cod with one car garage. This home is in need of full renovation. It has new heater and a/c unit. selling strictly as is.

30. 2025-01-11
    listed $235,000 Active 150-char remark

    Show marketing remark (150 chars)

    4 bedroom 2 full baths, cape cod with one car garage. This home is in need of full renovation. It has new heater and a/c unit. selling strictly as is.

31. 2025-01-03
    historical $235,000 150-char remark

    Show marketing remark (150 chars)

    4 bedroom 2 full baths, cape cod with one car garage. This home is in need of full renovation. It has new heater and a/c unit. selling strictly as is.

32. 2020-08-10
    historical
33. 2020-08-10
    listed $150,000

ⓘ 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: $6,083 · $507/mo
• Projected year-2 tax: $7,773 · $648/mo
• Expected delta: +$1,689/yr (+$141/mo · 27.8%)

ⓘ 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 1/10 Low
• 🌡 Heat 7/10 Severe 7 d/yr ≥103°F today · 15 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% 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: $43,366
• − Mortgage interest: −$21,286
• − Property taxes: −$6,083
• − Insurance: −$1,900
• − Repairs & maintenance: −$3,469
• − Management: −$3,469
• − Depreciation: −$11,055
• Taxable loss: −$3,896
• Est. tax savings @ 24.0%: +$935
• After-tax cash flow: $3,298/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: Willingboro Public School District
• NCES district ID: 3418000
• Math proficiency: 5% ▼ -11.00%
• Reading proficiency: 30% ▼ -1.00%
• Median HH income: $67,064
• Composite: 17.37/100
• National rank: #9074
• State rank: #433 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): 31,981
• Household income: $98,178
• Rent vs Own: 15.8% rent · 84.2% own
• Severe rent burden: 342.0

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: Predominantly Black (66%)
• Race & ethnicity: Black 66% Hispanic / Latino 15% Two or more races 14% White 10%
• Hispanic origin (detail): Puerto Rican 9% Dominican 2%
• Common ancestry: Swiss 4% Romanian 2% Hispanic 1%
• Foreign-born: 15% · Canada, Jamaica
• Languages at home: 82% English-only · Spanish 10% French/Haitian/Cajun 2% Other Indo-European 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: ▼ -273.52%
• Current HPI: 348.3441
• Rent YoY: —
• 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

+153.3% since first listed

18 events — show timeline

• 2026-05-18 Relisted — BRIGHT MLS
• 2026-04-27 Contingent — BRIGHT MLS
• 2026-04-15 Relisted — BRIGHT MLS
• 2026-03-21 Contingent — BRIGHT MLS
• 2026-03-10 Relisted — BRIGHT MLS
• 2026-03-06 Contingent — BRIGHT MLS
• 2026-03-05 Pending — BRIGHT MLS
• 2026-02-18 Listed $380,000 BRIGHT MLS
• 2026-02-17 Coming Soon $380,000 BRIGHT MLS
• 2025-02-14 Sold (Public Records) $247,500 Public Records
• 2025-02-05 Sold (MLS) $247,500 BRIGHT MLS
• 2025-01-27 Pending — BRIGHT MLS
• 2025-01-27 Price Changed $247,500 BRIGHT MLS
• 2025-01-20 Contingent — BRIGHT MLS
• 2025-01-11 Listed $235,000 BRIGHT MLS
• 2025-01-03 Coming Soon $235,000 BRIGHT MLS
• 2020-08-10 Listed $150,000 BRIGHT MLS
• 2020-08-10 Listing Removed — BRIGHT MLS

Property tax history

+2.5%/yr

Latest (2025): $6,083 · +2.0% YoY. Source: county tax records.