1. New Jersey
2. Burlington
3. 403 WOOD ST

403 WOOD ST, Burlington, NJ 08016

• 4 beds |
• 2 baths |
• 1,816 sqft

Property Description

Tenant-occupied investment property located at 403 Wood St in Burlington, NJ, being sold strictly in as-is condition. Current lease generates $2,400 per month ($28,800 annually) through December 30, 2025, providing immediate cash flow for the next owner. Annual property taxes are approximately $5,147, producing a net operating income of about $23,653. At the asking price of $260,000, this equates to an estimated cap rate between 8.7%–9%, a healthy return for the Burlington market. The tenant has already completed updates including kitchen appliance replacements, toilet upgrades, interior repainting, and backyard landscaping, with additional upside available through further renovations. Conveniently located near the Delaware River waterfront with easy access to Route 130, I-295, and the NJ Transit River Line, this property offers both stability and strong growth potential for investors.

Listing Status:

Active

Listing Office:

RealtyMark Properties : 8563220200

Listing Agent:

Steven P McCullough I : 8564379337

MLS ID:

NJBL2095292

Interior

• General: Kitchen - Eat-InCarpetCeiling Fan(s)Formal/Separate Dining RoomBathroom - Tub ShowerCrown MoldingsWood Floors
• Rooms: Living RoomDining RoomPrimary BedroomBedroom 2Bedroom 3Bedroom 5KitchenBasementSun/Florida RoomBathroom 1
• Laundry: Basement
• Basement: FullUnfinished
• Flooring: Hardwood
• A/C: Wall Unit
• Heating: Hot WaterRadiatorOil
• Disability Feature: None

Exterior

Construction

Location

Lot

Utilities

Financial

This listing courtesy of Steven P McCullough I, RealtyMark Properties