232 W Union St, Burlington, NJ 08016
Local realty services provided by:Better Homes and Gardens Real Estate Premier
232 W Union St,Burlington, NJ 08016
$360,000
- 4 Beds
- - Baths
- 1,928 sq. ft.
- Multi-family
- Active
Listed by:jonathan zachary benstead
Office:bhhs fox & roach-marlton
MLS#:NJBL2089624
Source:BRIGHTMLS
Price summary
- Price:$360,000
- Price per sq. ft.:$186.72
About this home
Excellent investment opportunity in Burlington City, NJ that produces a 9% CAP RATE! P&L attached in the documents section.
232 W Union St features two fully occupied rental units with long-term tenants and excellent rental income. Unit A is a 2-bedroom 1 bath unit with electric heat and rents out for $1,750. Unit B is 2-bedroom 1 bath unit with gas heat and rents out for $1,650. All units are well maintained with significant upgrades throughout. All separate utilities in place for tenants with the landlord covering water/sewer, insurance & taxes. Water/Sewer - $1,200, Insurance - $2,356, Taxes $5,603. Conveniently located within minutes of several major highways and the NJ Turnpike offering easy access to Philadelphia. This is an excellent investment opportunity with major upside.
Contact an agent
Home facts
- Year built:1900
- Listing ID #:NJBL2089624
- Added:103 day(s) ago
- Updated:September 30, 2025 at 01:34 PM
Rooms and interior
- Bedrooms:4
- Living area:1,928 sq. ft.
Heating and cooling
- Cooling:Window Unit(s)
- Heating:Baseboard - Electric, Baseboard - Hot Water, Electric, Natural Gas
Structure and exterior
- Year built:1900
- Building area:1,928 sq. ft.
- Lot area:0.05 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$360,000
- Price per sq. ft.:$186.72
- Tax amount:$5,603 (2024)
New listings near 232 W Union St
- Coming Soon
$405,000Coming Soon3 beds 3 baths19 Katherine Dr, BURLINGTON, NJ 08016
MLS# NJBL2096874Listed by: COLDWELL BANKER RESIDENTIAL BROKERAGE-MANALAPAN - New
$229,900Active3 beds 2 baths1,296 sq. ft.335 Jones Ave, BURLINGTON, NJ 08016
MLS# NJBL2096716Listed by: SOCIETY - New
$399,999Active3 beds 2 baths1,636 sq. ft.9 Frazier St, BURLINGTON, NJ 08016
MLS# NJBL2095604Listed by: KELLER WILLIAMS REALTY - MARLTON - New
$225,000Active4 beds 1 baths1,404 sq. ft.17 E Federal St, BURLINGTON, NJ 08016
MLS# NJBL2096782Listed by: NJ ELITE GROUP LLC - Coming SoonOpen Sun, 1 to 3pm
$375,000Coming Soon3 beds 4 baths41 Creekside Way, BURLINGTON, NJ 08016
MLS# NJBL2096766Listed by: KELLER WILLIAMS PREMIER - New
$339,000Active3 beds 2 baths1,512 sq. ft.1608 Columbus Rd, BURLINGTON, NJ 08016
MLS# NJBL2096754Listed by: MERCURY REAL ESTATE GROUP - Open Sat, 1 to 3pmNew
$439,900Active3 beds 2 baths1,362 sq. ft.520 Rutgers Ave, BURLINGTON, NJ 08016
MLS# NJBL2096180Listed by: WEICHERT REALTORS-MEDFORD - New
$350,000Active3 beds 2 baths2,884 sq. ft.3 Laurie Way, BURLINGTON, NJ 08016
MLS# NJBL2096534Listed by: KELLER WILLIAMS REALTY - MOORESTOWN - New
$99,900Active1 beds 1 baths774 sq. ft.35--1 Florence Tollgate Pl, BURLINGTON, NJ 08016
MLS# NJBL2096462Listed by: EXP REALTY, LLC - Open Sat, 11am to 1pmNew
$555,000Active4 beds 3 baths2,295 sq. ft.18 Cheyenne Ct, BURLINGTON, NJ 08016
MLS# NJBL2096456Listed by: KELLER WILLIAMS REALTY
Protect your home and budget with an American Home Shield© home warranty. Learn more© 2025 Better Homes and Gardens Real Estate LLC. An Anywhere Real Estate company. All rights reserved. Better Homes and Gardens® Real Estate is a registered trademark owned by Meredith Operations Corporation, licensed to Better Homes and Gardens Real Estate LLC and used with permission. Better Homes and Gardens Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Listing information is deemed reliable but is not guaranteed accurate.
Each office is independently owned and operated.
Any services or products provided by third parties are not provided by, affiliated with or related to Better Homes and Gardens Real Estate LLC, or its affiliated companies.