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62 Ballad Ln
F Composite 33.92
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

62 Ballad Ln · Burlington, NJ 08046
4 bd · 2.0 ba · 1,624 sqft · SingleFamily public records · 25 Days on market
Built 1959 6,500 sqft lot Est $333k · 19% over

🖨 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

CAPE COD-STYLE HOMEREMODELED IN 2019FLEXIBLE FLOOR PLANVERSATILE BONUS ROOMLARGE FENCED-IN YARD

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

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

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.
Recommended offer $365,961 (7.4% below list)

Questions for the listing agent

  1. Built in 1959 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  3. 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?
  4. 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.
  5. 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.
  6. 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

5-year hold
IRR
-14.7%
Equity multiple
0.48×
Total profit
$-58,028
Equity at exit
$58,896
10-year hold
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
Anti-eviction Act requires just-cause statewide; rent control in 100+ municipalities; one of the most tenant-friendly states.

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

Break-even rent $3,543
Max offer price $395,000
Occupancy floor 92%

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

AddressBedsBaths SqftRent$/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

  1. 2026-05-15
    status Pending
  2. 2026-04-20
    listed $395,000 Active
  3. 2023-08-16
    soldstatus $325,000
  4. 2023-07-28
    soldstatus $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.

  5. 2023-06-15
    status 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.

  6. 2023-06-14
    price $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.

  7. 2023-06-14
    listed $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.

  8. 2019-09-12
    soldstatus $194,000
  9. 2019-08-30
    soldstatus $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.

  10. 2019-08-30
    soldstatus $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.

  11. 2019-08-22
    status 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.

  12. 2019-07-18
    historical 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.

  13. 2019-07-18
    historical 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.

  14. 2019-07-05
    listed $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.

  15. 2019-07-05
    listed $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.

  16. 2019-02-12
    soldstatus $44,000 Closed
  17. 2019-01-11
    status Pending
  18. 2019-01-08
    price $37,500
  19. 2019-01-08
    status Active
  20. 2018-12-01
    status Pending
  21. 2018-10-29
    price $44,500
  22. 2018-09-27
    listed $54,500 Active
  23. 1994-06-23
    soldstatus $1,417,648
  24. 1987-06-26
    soldstatus $64,000
  25. 1980-12-01
    soldstatus $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
combined federal + state — saved on this device
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

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

Price history

+1049.9% since first listed
25 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%/yr

Latest (2025): $6,753 · +2.0% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…