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Backup Offers

427 Locust Ave, Burlington, NJ, 08016

$225,000

Home List Price

$2,672*

Closing Credit

3 Bedrooms
2 Full Baths
1,232 SqFt
$183/SqFt
Townhouse

Location

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427 Locust Ave, Burlington$225,000

Buyer Closing Credits

$2,672*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingOn Street
Year Built1910
HeatingRadiant
CoolingWindow Unit(s)
BasementYes
MLS #NJBL2074674
Lot Size0.05 Acres
StatusAccepting Backup Offers
(ACTIVE UNDER CONTRACT)

About 427 Locust Ave

Welcome to your future home in the heart of Burlington City! This delightful 3-bedroom, 2-bathroom residence is situated in a historic neighborhood, making it the perfect option for first-time homebuyers or anyone looking for a convenient commuting location. With just over 1,200 square feet of living space, this inviting home features a thoughtful layout that combines comfort and functionality. The oversized porch greets you as you arrive, providing a cozy space to relax and enjoy the neighborhood’s charm. Step through the front door and into the spacious living area, which is filled with natural light and ready for your personal touch. The home includes three bedrooms, each offering a peaceful retreat at the end of the day. Two well-appointed bathrooms ensure convenience for busy mornings or guests. The kitchen and dining areas provide a great space for meal prep and family gatherings, with plenty of room to make your culinary dreams a reality. Location is key, and this home doesn’t disappoint. With quick access to Route 130, I-295, the NJ Turnpike, and the Riverline, commuting to work or exploring nearby attractions has never been easier. You'll find yourself just minutes away from shopping, dining, and entertainment options, making this a truly convenient spot. This historic gem is waiting for you to make it your own. Don’t miss the opportunity to add your personal touches and create the perfect sanctuary in this charming home. Schedule a showing today and start your journey to homeownership in Burlington City!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1910
  • Stories: 2
  • Living Area: 1,232 SqFt

Listing Office:

  • Office Name: ERA Central Realty Group - Bordentown
  • Office Phone: (609) 298-4800
  • Listing Agent: Allan Forsyth

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.05 Acres

Utilities

Utilities Information:

  • Heating: Radiant
  • Cooling: Window Unit(s)

Other

Directions Information:

  • Directions: Use GPS

Municipality:

  • Burlington City

Price Information

Listing Price Info

Price Summary:

  • List Price: $225,000
  • Price Per SqFt: $183/SqFt

Tax Information:

  • Annual Amount: $4,490
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Burlington, NJ.

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Burlington, NJ

City

Med. Sold Price

$316K

Med. Price/SqFt

$209

Avg. Days On Market

43

# of Sold Homes

15

427 Locust Ave vs Burlington

32 DAYS ON ROCKET

-11 Days

$225,000

-$91K Less

$183/SqFt

-$27 Less

KEY TAKEAWAY

This property is $91K less than the Median Sold Price and $27/SqFt less than other homes in Burlington, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #NJBL2074674

Listing Office:

  • Office Name: ERA Central Realty Group - Bordentown
  • Office Phone: (609) 298-4800
  • Listing Agent: Allan Forsyth

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 2:20:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 03, 2021Home Sold
$175,000
Sep 19, 2007Home Sold
$190,000

Tax History

YEARPROP. TAXASSESSMENT
2020$4,490$112,300
2019$4,209$112,300
2018$4,209$112,300
2017$4,080$112,300

History based on county public records data.

Payment Calculator

$1,190

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$741

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-319526
3
/10

  • Wilbur Watts Intermediate School

  • 550 High St

  • 0.20 miles

  • Public District Grades 3-6

school-card-donut-319527
4
/10

  • Fountain Woods Elementary School

  • 601 Fountain Ave

  • 1.28 miles

  • Public District Grades 3-5

school-card-donut-319528
6
/10

  • Snyder - Girotti Elementary School

  • 450 Beaver St

  • 1.56 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $39,026. Typical income of Burlington, NJ residents is less than $35k annually. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 427 Locust Ave

What is the listing price of this property?

The listing price of 427 Locust Ave property is $225,000.

What type of property is this?

The property 427 Locust Ave is a townhouse located in Burlington, New Jersey, 08016.

Is this property for sale now?

Accepting Backup Offers: 427 Locust Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $4,490 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on February 3, 2021 for $175,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 427 Locust Ave has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 427 Locust Ave is 1,232 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 427 Locust Ave is 1910.

Rocket Homes›New Jersey›Burlington County›Burlington›08016›427 Locust Ave

This home is located at 427 Locust Ave in Burlington, NJ and zip code 08016. This 1,232 square foot home, which was built in 1910, sits on a 0.05 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 20, 2024 and is currently priced at $225,000.

In October 2024 more than 5 listings in Burlington, NJ were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 7 were sold below. The number of listings in Burlington, NJ increased by 5.4% between September 2024 and October 2024. In October 2024, listings were on the market for 43 days. During the same period, the median list price in this real estate market was $316,000.

From Rocket Homes Real Estate and based on county public records data.

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