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Jordan Muirhead

jordan@premiumrepartners.com +1(703) 615-8732

Listed by Steven McCullough • RealtyMark Properties

$ 235,000

Est. payment -/mo

Save

Price Dropped by $5K

403 WOOD ST Burlington, NJ 08016

4 Beds

2 Baths

1,816 SqFt

UPDATED:

Key Details

Property Type Single Family Home, Townhouse

Sub Type Twin/Semi-Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,816 sqft

Price per Sqft $129

Subdivision Burlington Gardens

MLS Listing ID NJBL2095292

Style Traditional,Colonial

Bedrooms 4

Full Baths 1

Half Baths 1

HOA Y/N N

Abv Grd Liv Area 1,816

Year Built 1890

Annual Tax Amount $4,879

Tax Year 2024

Lot Size 2,012 Sqft

Acres 0.05

Lot Dimensions 19.00 x 106.00

Property Sub-Type Twin/Semi-Detached

Source BRIGHT

Property Description

403 Wood St, Burlington, NJ 08016
4 Beds | 1 Bath | Offered at $235,000

403 Wood St presents a compelling value-add opportunity in the Burlington market with documented rental performance and clear upside. The property was previously rented for $2,400 per month, producing a 9.7% cap rate as-is, based on current operating expenses including approximately $4,880 in annual taxes and $1,000–$1,200 in estimated insurance.

The home offers potential for increased income and equity through targeted improvements. Estimated updates of $40,000–$60,000—including the roof, gutters, front porch, and bathrooms—support projected market rents of $2,500–$2,600 per month post-renovation.

Seller is open to closing cost assistance or kitchen improvement considerations with a strong offer, providing flexibility for buyers pursuing a renovation strategy.

Comparable attached properties in the immediate area support pricing and upside, with recent sales including 134 Juniper St ($335,000), 422 Locust Ave ($309,500), 239 W Broad St ($305,000), 419 Locust Ave ($300,000), and 213 Conover St ($265,000).

Conveniently located near the Delaware River waterfront with easy access to Route 130, I-295, and the NJ Transit River Line. Suitable for investors seeking reliable cash flow with upside or buyers looking to add value over time.

Location

State NJ

County Burlington

Area Burlington City (20305)

Zoning TRN

Rooms

Other Rooms Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 5, Kitchen, Basement, Sun/Florida Room, Bathroom 1

Basement Full, Unfinished

Interior

Interior Features Kitchen - Eat-In, Carpet, Ceiling Fan(s), Formal/Separate Dining Room, Bathroom - Tub Shower, Crown Moldings, Wood Floors

Hot Water Natural Gas

Heating Hot Water, Radiator

Cooling Wall Unit

Flooring Hardwood

Fireplace N

Heat Source Oil

Laundry Basement

Exterior

Exterior Feature Patio(s), Porch(es), Enclosed

Utilities Available Cable TV, Natural Gas Available

Water Access N

Roof Type Shingle

Accessibility None

Porch Patio(s), Porch(es), Enclosed

Garage N

Building

Lot Description Rear Yard

Story 3

Foundation Block

Above Ground Finished SqFt 1816

Sewer Public Sewer

Water Public

Architectural Style Traditional, Colonial

Level or Stories 3

Additional Building Above Grade, Below Grade

Structure Type Plaster Walls

New Construction N

Schools

School District Burlington City Schools

Others

Pets Allowed Y

Senior Community No

Tax ID 05-00031-00005

Ownership Fee Simple

SqFt Source 1816

Acceptable Financing Conventional, Cash, FHA, Negotiable

Listing Terms Conventional, Cash, FHA, Negotiable

Financing Conventional,Cash,FHA,Negotiable

Special Listing Condition Standard

Pets Allowed No Pet Restrictions

NEARBY SCHOOL & BUSINESS

SCHOOLSPROPERTIES

Elementary Schools 20

6

Mary Devine Elementary School

Public | KG - 6
6

Maple Shade Elementary School

Public | KG - 6
5

Hawthorne Park Elelmentary School

Public | PK - 5
5

Snyder - Girotti Elementary School

Public | KG - 5
4

W. R. James Sr. Elementary School

Public | PK - 5
4

Lafayette Elementary School

Public | KG - 6
4

Fountain Woods Elementary School

Public | 3 - 5
3

J. C. Stuart Elementary School

Public | PK - 5
2

Wilbur Watts Intermediate School

Public | 3 - 6
0

Pope John Paul II Regional School

Private | PK - 8
0

Little Jems Childrens Center

Private | PK - KG
0

Doane Academy

Private | PK - 12
0

Lower Bucks Children's Center

Private | PK - KG
0

Elias Boudinot Elementary School

Public | KG - 2
0

Samuel Smith Elementary School

Public | PK - 2
0

Holy Light Christian Academy

Private | PK - KG
0

Captain James Lawrence Elementary School

Public | KG - 2
0

St Paul Elementary School

Private | PK - 8
0

St Mark Elementary School

Private | PK - 8
0

Radcliffe Learning Center

Private | PK - KG

Middle Schools 4

7

Benjamin Banneker Preparatory Charter School

Public | 6 - 8
6

Burlington Township Middle School at Springside

Public | 6 - 8
5

Franklin D. Roosevelt Middle School

Public | 7 - 8
5

Snyder - Girotti Middle School

Public | 6 - 8

High Schools 3

4

Burlington Township High School

Public | 9 - 12
3

Bristol High School

Public | 9 - 12
2

Burlington City High School

Public | 9 - 12

School and business data provided by Attom Data.

Jordan Muirhead

Agent | License ID: 0225206725

+1(703) 615-8732

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Jordan Muirhead

403 WOOD ST Burlington, NJ 08016

Key Details

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Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

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403 WOOD ST