62 Ballad Ln · Burlington, NJ
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $526 – $976
Heat risk 7/10 · Major
- Hot days now (above 103°F)
- 7 days/yr
- Hot days in 30 yrs
- 15 days/yr
Wind risk 6/10 · Moderate
- Chance of severe wind over 30 yrs
- 27.0%
Air-quality risk 4/10 · Minor
- Unhealthy air days now
- 5 days/yr
- Unhealthy air days in 30 yrs
- 7 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the F 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 +14.6/30.0
- DSCR +4.4/10.0
- 1% rule +4.3/10.0
- Livability +3.9/5.0
- Rent growth +2.5/5.0
- Condition / age +2.5/5.0
- Schools +1.7/10.0
- ARV discount +0.0/15.0
- Appreciation +0.0/10.0
$395,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
This home is ready for its new owners. Fully renovated in 2019. Great finishes and attention to detail. The property is currently tenant occupied. Lease ends 6-30-2023. Property will be delivered vacant.
Key facts
- Cape cod-style home
- Remodeled in 2019
- Large fenced-in yard
Tags
Property features AI
Exterior
- Parking: Asphalt driveway; Paved driveway; Street parking available; Driveway parking
- Utilities: Public water; Public sewer; Electric available; Natural gas available
- Home design: Detached structure; Architectural shingle roof; Frame construction; Slab foundation; Built/majorly renovated around 2019; Fee simple ownership; Property in very good condition; Not in a federal flood zone; Lot roughly 65 x 100
- Construction: Frame construction; Architectural shingle roof; Slab foundation; Double-hung, vinyl-clad windows with screens
- Exterior features: Patio(s); Exterior lighting; Sidewalks; Street lights; Fully privacy fenced yard
Interior
- Kitchen: Built-in microwave; Dishwasher; Icemaker; Gas oven/range; Refrigerator; Stainless steel appliances; Stove
- Bedrooms: Two bedrooms on the main level; Two bedrooms on the first upper level
- Flooring: Ceramic tile; Laminate
- Bathrooms: Two full bathrooms total (one on main level, one on first upper level)
- Heating & cooling: Forced air heating (natural gas); Central air conditioning; Ceiling fans; 100 amp electric service with circuit breakers
- Interior features: Ceiling fans; Combination dining/living area; Crown moldings; Open floor plan; Eat-in kitchen; Recessed lighting; Soaking tub; Tub with shower; Upgraded countertops; Wainscoting; Six-panel doors; Drywall walls and ceilings; Estimated living area
- Laundry & utility: Washer/dryer hookups on main floor; Water heater (60+ gallon tank, natural gas)
Neighborhood map
What this means for you Summary
Snapshot
- This is a 4-bed/2.0-bath single-family listed at $395k.
Deal economics
- At list price, monthly cash flow is $92 ($1k/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 $366k (7.4% below list).
- Recommended offer: $366k (7.4% below list) — sets the bar for 1% rule.
- Cap rate 6.6% 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.
- 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.
- Market conditions: 151 active listings in the ZIP; 23 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 45% 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 $12k 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 25 days — a 2% lower offer ($389k) is reasonable based on typical stale-listing flexibility.
- 6 sale attempts since 8y 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 $325k; 22% above their basis — modest negotiation headroom, anchor on the comps not their cost.
Risks & watch-outs
- Watch-outs: built in 1959 — expect roof / HVAC / electrical / plumbing capex.
- 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.
Questions for the listing agent
- Built in 1959 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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.
- 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.
- 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
- 0.93% ✗
- Cap rate
- 6.57%
- Cash-on-cash
- 1.00%
- DSCR
- 1.04
- GRM
- 9.0
CMA / ARV
- ARV (on-the-fly)
- $332,920
- Comps found
- 12
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 38 Hamilton Ln | 0.22mi | 5/2.0 (+1) | 1,562 (-4%) | 2mo | $335,000 | $214 | 77 |
| 33 Belmont Ln | 0.18mi | 4/2.5 | 1,797 (+11%) | 2mo | $335,000 | $186 | 70 |
| 14 Mayapple Ln | 0.67mi | 4/2.0 | 1,624 (0%) | 0mo | $332,999 | $205 | 68 |
| 10 Hancock Ln | 0.32mi | 3/2.5 (-1) | 1,799 (+11%) | 1mo | $415,000 | $231 | 59 |
| 31 Henderson Ln | 0.59mi | 3/2.0 (-1) | 1,696 (+4%) | 1mo | $280,000 | $165 | 59 |
| 47 Holstone Ln | 0.33mi | 3/2.0 (-1) | 1,843 (+14%) | 1mo | $350,000 | $190 | 56 |
| 78 Gainscott Ln | 0.73mi | 4/2.0 | 1,705 (+5%) | 2mo | $379,999 | $223 | 56 |
| 15 Harrison Dr | 0.44mi | 3/2.0 (-1) | 1,843 (+14%) | 3mo | $236,900 | $129 | 50 |
| 534 Charleston Rd | 0.60mi | 3/2.0 (-1) | 1,444 (-11%) | 2mo | $407,000 | $282 | 47 |
| 42 Bucknell Ln | 0.49mi | 3/2.0 (-1) | 1,384 (-15%) | 2mo | $365,000 | $264 | 46 |
| 60 Pinafore Ln | 0.75mi | 4/2.5 | 1,797 (+11%) | 2mo | $362,000 | $201 | 44 |
| 71 Harrington Cir | 0.74mi | 3/2.0 (-1) | 1,843 (+14%) | 2mo | $375,000 | $203 | 36 |
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
- IRR
- -14.7%
- Equity multiple
- 0.48×
- Total profit
- $-58,028
- Equity at exit
- $58,896
- IRR
- -6.0%
- Equity multiple
- 0.62×
- Total profit
- $-42,559
- Equity at exit
- $34,152
Cash invested: $110,600 (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
ZIP-level market 08046
- Active inventory
- 151
- Price-to-rent
- 9.0×
Monthly cashflow live
- Estimated rent
- $3,660 high interval (Pro) →
- Mortgage (P&I)
- −$2,071
- Tax from tax record
- −$563 /mo · $6,753/yr
- Insurance
- −$165
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$769
- Net cashflow
- $92
Break-even live
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
- $98,750
- Closing costs
- $11,850
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 23 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 5 Burgess Ln Willingboro, NJ | 5.0 | 2.0 | 1864 | $4,500 | $2.41 | 1d | 1 | 0.11mi |
| 17 Bonnie Ln Willingboro, NJ | 4.0 | 2.5 | 1797 | $2,890 | $1.61 | 24d | 1 | 0.45mi |
| 34 Hopkins Ln Willingboro, NJ | 3.0 | 2.0 | 1696 | $3,200 | $1.89 | 1d | 1 | 0.46mi |
| 46 Beaverdale Ln Willingboro, NJ | 5.0 | 2.0 | 1650 | $3,450 | $2.09 | 15d | 1 | 0.48mi |
| 89 Hampshire Ln Willingboro, NJ | 4.0 | 2.0 | 1562 | $3,400 | $2.18 | 10d | 1 | 0.51mi |
| 12 Holbrook Ln Willingboro, NJ | 5.0 | 2.0 | 2100 | $3,750 | $1.79 | 15d | 1 | 0.53mi |
| 29 Hinsdale Ln Willingboro, NJ | 4.0 | 2.0 | 1570 | $3,750 | $2.39 | 1d | 1 | 0.56mi |
| 10 Melville Ln Willingboro, NJ | 4.0 | 2.5 | 1797 | $3,000 | $1.67 | 15d | 1 | 0.58mi |
| 48 Sandstone Ln Willingboro, NJ | 4.0 | 2.0 | 1372 | $2,700 | $1.97 | 1d | 1 | 0.75mi |
| 1 Mystic Way Willingboro, NJ | 4.0 | 2.5 | 1952 | $3,000 | $1.54 | 5d | 1 | 0.75mi |
| 41 Messenger Ln Willingboro, NJ | 5.0 | 2.0 | 1497 | $3,500 | $2.34 | 5d | 1 | 0.87mi |
| 17 Snowdon Ln Willingboro, NJ | 3.0 | 2.0 | 1200 | $2,700 | $2.25 | 1d | 1 | 0.93mi |
| 6 Sherwood Ln Willingboro, NJ | 4.0 | 2.0 | 1372 | $3,200 | $2.33 | 1d | 1 | 0.95mi |
| 124 Pennypacker Dr Willingboro, NJ | 5.0 | 2.0 | 1624 | $4,450 | $2.74 | 1d | 1 | 0.96mi |
| 16 Elridge Ln Willingboro, NJ | 3.0 | 2.0 | 1350 | $2,650 | $1.96 | 1d | 1 | 1.03mi |
| 61 Pennant Ln Willingboro, NJ | 3.0 | 2.0 | 1384 | $2,800 | $2.02 | 1d | 1 | 1.04mi |
| 48 Marboro Ln Willingboro, NJ | 4.0 | 2.0 | 1497 | $3,995 | $2.67 | 3d | 1 | 1.12mi |
| 74 Plumtree Ln Willingboro, NJ | 4.0 | 2.0 | 1624 | $3,000 | $1.85 | 1d | 1 | 1.13mi |
| 51 Peacock Ln Willingboro, NJ | 4.0 | 2.0 | 1372 | $2,550 | $1.86 | 1d | 1 | 1.19mi |
| 23 Raleigh Pl Willingboro, NJ | 3.0 | 2.0 | 1430 | $2,600 | $1.82 | 44d | 1 | 1.36mi |
| 4236 Route 130 Willingboro, NJ | 1.0–3.0 | 1.0–2.0 | 1278 | $2,710 | $2.12 | 1d | 1 | 1.42mi |
| 128 Rockland Dr Willingboro, NJ | 3.0 | 1.5 | 1430 | $2,500 | $1.75 | 1d | 1 | 1.43mi |
| 40 Rittenhouse Dr Willingboro, NJ | 3.0 | 1.5 | 1430 | $2,600 | $1.82 | 1d | 1 | 1.48mi |
Listing history 25 events
-
2026-05-15status Pending
-
2026-04-20$395,000 Active
-
2023-08-16soldstatus $325,000
-
2023-07-28soldstatus $325,000 Closed 204-char remark
Show marketing remark (204 chars)
This home is ready for its new owners. Fully renovated in 2019. Great finishes and attention to detail. The property is currently tenant occupied. Lease ends 6-30-2023. Property will be delivered vacant.
-
2023-06-15status Pending 204-char remark
Show marketing remark (204 chars)
This home is ready for its new owners. Fully renovated in 2019. Great finishes and attention to detail. The property is currently tenant occupied. Lease ends 6-30-2023. Property will be delivered vacant.
-
2023-06-14price $325,000 204-char remark
Show marketing remark (204 chars)
This home is ready for its new owners. Fully renovated in 2019. Great finishes and attention to detail. The property is currently tenant occupied. Lease ends 6-30-2023. Property will be delivered vacant.
-
2023-06-14$320,000 Active 204-char remark
Show marketing remark (204 chars)
This home is ready for its new owners. Fully renovated in 2019. Great finishes and attention to detail. The property is currently tenant occupied. Lease ends 6-30-2023. Property will be delivered vacant.
-
2019-09-12soldstatus $194,000
-
2019-08-30soldstatus $194,000 Sold 1534-char remark
Show marketing remark (1534 chars)
With this totally renovated and re-designed home, this is as close as you can get to the benefits of new construction, without new construction prices! The interior layout has been dramatically improved! To accommodate today's open concept Buyers, the wall between the kitchen eat-in area and the living room has been eliminated and the downstairs floorplan has been re-designed to allow for a more spacious bathroom! This gorgeous kitchen features white, 36 inch shaker cabinets with self- closing doors, crown molding, granite counters, a subway tile backsplash, and brand new stainless steel appliances. A huge picture window in the living room showcases the new patio and private backyard with 6 ft white vinyl fence. Sizzle features include under cabinet lighting, pendant l above the sink, ceiling fans, shadow boxes, recessed lighting, and even a wall safe! If you are tired of home repairs and tired of looking at houses with the same floor plans, then with this UNIQUE, totally renovated house, your search is finally over! This is not just another cape-style house with a converted garage that still looks like a converted garage. The floor plan was specifically designed to integrate the garage with the rest of the house by moving the front door, adding exterior siding, adding a coat closet, and adding a tiled foyer. When you're not enjoying all the luxury features in your one-of-a-kind house, relax on your new patio, watching your kids play in the privacy and security of your fenced in yard.
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2019-08-30soldstatus $194,000 Closed
Show marketing remark (1534 chars)
With this totally renovated and re-designed home, this is as close as you can get to the benefits of new construction, without new construction prices! The interior layout has been dramatically improved! To accommodate today's open concept Buyers, the wall between the kitchen eat-in area and the living room has been eliminated and the downstairs floorplan has been re-designed to allow for a more spacious bathroom! This gorgeous kitchen features white, 36 inch shaker cabinets with self- closing doors, crown molding, granite counters, a subway tile backsplash, and brand new stainless steel appliances. A huge picture window in the living room showcases the new patio and private backyard with 6 ft white vinyl fence. Sizzle features include under cabinet lighting, pendant l above the sink, ceiling fans, shadow boxes, recessed lighting, and even a wall safe! If you are tired of home repairs and tired of looking at houses with the same floor plans, then with this UNIQUE, totally renovated house, your search is finally over! This is not just another cape-style house with a converted garage that still looks like a converted garage. The floor plan was specifically designed to integrate the garage with the rest of the house by moving the front door, adding exterior siding, adding a coat closet, and adding a tiled foyer. When you're not enjoying all the luxury features in your one-of-a-kind house, relax on your new patio, watching your kids play in the privacy and security of your fenced in yard.
-
2019-08-22status Pending 1534-char remark
Show marketing remark (1534 chars)
With this totally renovated and re-designed home, this is as close as you can get to the benefits of new construction, without new construction prices! The interior layout has been dramatically improved! To accommodate today's open concept Buyers, the wall between the kitchen eat-in area and the living room has been eliminated and the downstairs floorplan has been re-designed to allow for a more spacious bathroom! This gorgeous kitchen features white, 36 inch shaker cabinets with self- closing doors, crown molding, granite counters, a subway tile backsplash, and brand new stainless steel appliances. A huge picture window in the living room showcases the new patio and private backyard with 6 ft white vinyl fence. Sizzle features include under cabinet lighting, pendant l above the sink, ceiling fans, shadow boxes, recessed lighting, and even a wall safe! If you are tired of home repairs and tired of looking at houses with the same floor plans, then with this UNIQUE, totally renovated house, your search is finally over! This is not just another cape-style house with a converted garage that still looks like a converted garage. The floor plan was specifically designed to integrate the garage with the rest of the house by moving the front door, adding exterior siding, adding a coat closet, and adding a tiled foyer. When you're not enjoying all the luxury features in your one-of-a-kind house, relax on your new patio, watching your kids play in the privacy and security of your fenced in yard.
-
2019-07-18historical Active/Under Contract 1534-char remark
Show marketing remark (1534 chars)
With this totally renovated and re-designed home, this is as close as you can get to the benefits of new construction, without new construction prices! The interior layout has been dramatically improved! To accommodate today's open concept Buyers, the wall between the kitchen eat-in area and the living room has been eliminated and the downstairs floorplan has been re-designed to allow for a more spacious bathroom! This gorgeous kitchen features white, 36 inch shaker cabinets with self- closing doors, crown molding, granite counters, a subway tile backsplash, and brand new stainless steel appliances. A huge picture window in the living room showcases the new patio and private backyard with 6 ft white vinyl fence. Sizzle features include under cabinet lighting, pendant l above the sink, ceiling fans, shadow boxes, recessed lighting, and even a wall safe! If you are tired of home repairs and tired of looking at houses with the same floor plans, then with this UNIQUE, totally renovated house, your search is finally over! This is not just another cape-style house with a converted garage that still looks like a converted garage. The floor plan was specifically designed to integrate the garage with the rest of the house by moving the front door, adding exterior siding, adding a coat closet, and adding a tiled foyer. When you're not enjoying all the luxury features in your one-of-a-kind house, relax on your new patio, watching your kids play in the privacy and security of your fenced in yard.
-
2019-07-18historical Active Under Contract
Show marketing remark (1534 chars)
With this totally renovated and re-designed home, this is as close as you can get to the benefits of new construction, without new construction prices! The interior layout has been dramatically improved! To accommodate today's open concept Buyers, the wall between the kitchen eat-in area and the living room has been eliminated and the downstairs floorplan has been re-designed to allow for a more spacious bathroom! This gorgeous kitchen features white, 36 inch shaker cabinets with self- closing doors, crown molding, granite counters, a subway tile backsplash, and brand new stainless steel appliances. A huge picture window in the living room showcases the new patio and private backyard with 6 ft white vinyl fence. Sizzle features include under cabinet lighting, pendant l above the sink, ceiling fans, shadow boxes, recessed lighting, and even a wall safe! If you are tired of home repairs and tired of looking at houses with the same floor plans, then with this UNIQUE, totally renovated house, your search is finally over! This is not just another cape-style house with a converted garage that still looks like a converted garage. The floor plan was specifically designed to integrate the garage with the rest of the house by moving the front door, adding exterior siding, adding a coat closet, and adding a tiled foyer. When you're not enjoying all the luxury features in your one-of-a-kind house, relax on your new patio, watching your kids play in the privacy and security of your fenced in yard.
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2019-07-05$199,900 Active 1534-char remark
Show marketing remark (1534 chars)
With this totally renovated and re-designed home, this is as close as you can get to the benefits of new construction, without new construction prices! The interior layout has been dramatically improved! To accommodate today's open concept Buyers, the wall between the kitchen eat-in area and the living room has been eliminated and the downstairs floorplan has been re-designed to allow for a more spacious bathroom! This gorgeous kitchen features white, 36 inch shaker cabinets with self- closing doors, crown molding, granite counters, a subway tile backsplash, and brand new stainless steel appliances. A huge picture window in the living room showcases the new patio and private backyard with 6 ft white vinyl fence. Sizzle features include under cabinet lighting, pendant l above the sink, ceiling fans, shadow boxes, recessed lighting, and even a wall safe! If you are tired of home repairs and tired of looking at houses with the same floor plans, then with this UNIQUE, totally renovated house, your search is finally over! This is not just another cape-style house with a converted garage that still looks like a converted garage. The floor plan was specifically designed to integrate the garage with the rest of the house by moving the front door, adding exterior siding, adding a coat closet, and adding a tiled foyer. When you're not enjoying all the luxury features in your one-of-a-kind house, relax on your new patio, watching your kids play in the privacy and security of your fenced in yard.
-
2019-07-05$199,900 Active
Show marketing remark (1534 chars)
With this totally renovated and re-designed home, this is as close as you can get to the benefits of new construction, without new construction prices! The interior layout has been dramatically improved! To accommodate today's open concept Buyers, the wall between the kitchen eat-in area and the living room has been eliminated and the downstairs floorplan has been re-designed to allow for a more spacious bathroom! This gorgeous kitchen features white, 36 inch shaker cabinets with self- closing doors, crown molding, granite counters, a subway tile backsplash, and brand new stainless steel appliances. A huge picture window in the living room showcases the new patio and private backyard with 6 ft white vinyl fence. Sizzle features include under cabinet lighting, pendant l above the sink, ceiling fans, shadow boxes, recessed lighting, and even a wall safe! If you are tired of home repairs and tired of looking at houses with the same floor plans, then with this UNIQUE, totally renovated house, your search is finally over! This is not just another cape-style house with a converted garage that still looks like a converted garage. The floor plan was specifically designed to integrate the garage with the rest of the house by moving the front door, adding exterior siding, adding a coat closet, and adding a tiled foyer. When you're not enjoying all the luxury features in your one-of-a-kind house, relax on your new patio, watching your kids play in the privacy and security of your fenced in yard.
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2019-02-12soldstatus $44,000 Closed
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2019-01-11status Pending
-
2019-01-08price $37,500
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2019-01-08status Active
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2018-12-01status Pending
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2018-10-29price $44,500
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2018-09-27$54,500 Active
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1994-06-23soldstatus $1,417,648
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1987-06-26soldstatus $64,000
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1980-12-01soldstatus $34,350
ⓘ 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
- $6,753 · $563/mo
- Projected year-2 tax
- $8,294 · $691/mo
- Expected delta
- +$1,541/yr (+$128/mo · 22.8%)
ⓘ 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
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $43,915
- − Mortgage interest
- −$22,126
- − Property taxes
- −$6,753
- − Insurance
- −$1,975
- − Repairs & maintenance
- −$3,513
- − Management
- −$3,513
- − Depreciation
- −$11,491
- Taxable loss
- −$5,456
- Est. tax savings @ 24.0%
- +$1,309
- After-tax cash flow
- $2,418/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
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
- 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 |
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| Pharmaceuticals | 2 | $153B |
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| Technology | 2 | $21B |
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| Insurance | 2 | $20B |
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| Healthcare | 2 | $19B |
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| Financial Services | 1 | $70B |
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Price history
+1049.9% since first listed25 events — show timeline
- 2026-05-15 Pending — BRIGHT MLS
- 2026-04-20 Listed $395,000 BRIGHT MLS
- 2023-08-16 Sold (Public Records) $325,000 Public Records
- 2023-07-28 Sold (MLS) $325,000 BRIGHT MLS
- 2023-06-15 Pending — BRIGHT MLS
- 2023-06-14 Price Changed $325,000 BRIGHT MLS
- 2023-06-14 Listed $320,000 BRIGHT MLS
- 2019-09-12 Sold (Public Records) $194,000 Public Records
- 2019-08-30 Sold (MLS) $194,000 BRIGHT MLS
- 2019-08-30 Sold (MLS) $194,000 MOMLS
- 2019-08-22 Pending — MOMLS
- 2019-07-18 Contingent — MOMLS
- 2019-07-18 Contingent — BRIGHT MLS
- 2019-07-05 Listed $199,900 BRIGHT MLS
- 2019-07-05 Listed $199,900 MOMLS
- 2019-02-12 Sold (MLS) $44,000 BRIGHT MLS
- 2019-01-11 Pending — BRIGHT MLS
- 2019-01-08 Price Changed $37,500 BRIGHT MLS
- 2019-01-08 Relisted — BRIGHT MLS
- 2018-12-01 Pending — BRIGHT MLS
- 2018-10-29 Price Changed $44,500 BRIGHT MLS
- 2018-09-27 Listed $54,500 BRIGHT MLS
- 1994-06-23 Sold (Public Records) $1,417,648 Public Records
- 1987-06-26 Sold (Public Records) $64,000 Public Records
- 1980-12-01 Sold (Public Records) $34,350 Public Records
Property tax history
+3.3%/yrLatest (2025): $6,753 · +2.0% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…