232 W Union St, Burlington, NJ 08016
Local realty services provided by:Better Homes and Gardens Real Estate Community Realty
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:149 day(s) ago
- Updated:November 14, 2025 at 10:28 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
- New
$365,000Active5 beds -- baths1,990 sq. ft.704 Us-130, BURLINGTON, NJ 08016
MLS# NJBL2098364Listed by: EXP REALTY, LLC - New
$199,900Active4 beds 1 baths1,238 sq. ft.505 Lawrence St, BURLINGTON, NJ 08016
MLS# NJBL2100916Listed by: CENTURY 21 ALLIANCE-MOORESTOWN - New
$565,000Active3 beds 3 baths2,112 sq. ft.19 Vaughn Way, BURLINGTON, NJ 08016
MLS# NJBL2101302Listed by: KELLER WILLIAMS REALTY - MOORESTOWN - Coming Soon
$999,999Coming Soon5 beds 4 baths402 Sunset Rd, BURLINGTON, NJ 08016
MLS# NJBL2101360Listed by: ARDHI REAL ESTATE, LLC - New
$299,900Active3 beds 2 baths1,050 sq. ft.1600 Mount Holly Rd, BURLINGTON, NJ 08016
MLS# NJBL2101394Listed by: EXP REALTY, LLC - New
$469,900Active3 beds 2 baths2,479 sq. ft.1204 Tanner Ave, BURLINGTON, NJ 08016
MLS# NJBL2101406Listed by: EXP REALTY, LLC - Coming Soon
$489,900Coming Soon2 beds 3 baths44 Wesley Ln, BURLINGTON, NJ 08016
MLS# NJBL2101284Listed by: HOMESMART FIRST ADVANTAGE REALTY - Coming SoonOpen Sat, 12 to 2pm
$458,000Coming Soon4 beds 3 baths1 Harvest Ln, BURLINGTON, NJ 08016
MLS# NJBL2101232Listed by: ELLIS GROUP PROPERTY MANAGEMENT LLC - Open Sat, 1 to 3pmNew
$475,000Active3 beds 3 baths1,748 sq. ft.2 Spruce Rd, BURLINGTON, NJ 08016
MLS# NJBL2099632Listed by: KELLER WILLIAMS PREMIER 
$314,900Pending4 beds 1 baths1,656 sq. ft.104 W Union St, BURLINGTON, NJ 08016
MLS# NJBL2099572Listed by: REAL BROKER, LLC
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.