1. New Jersey
2. Hainesport
3. 509 LUMBERTON RD

509 LUMBERTON RD, Hainesport, NJ 08036

• 3,996 sqft

Property Description

Opportunity is knocking ..... Passive Income Special !!! This 4-unit dwelling is situated on a 1.14-acre lot in the tax-friendly municipality of Hainesport. This 4-plex consists of (1)3-bedroom unit, (1)2-bedroom unit, and (2) 1-bedroom units (one of which is a studio). Additionally, the property features a 3-bay detached garage, which can be leased separately, providing an additional steady stream of income. With some updating and remodeling, this 4-unit multi-family property lends itself to a very positive ROI. Property being conveyed in"AS IS" condition . The seller will be responsible for obtaining the " certificate of occupancy." All units are occupied with the present leases in different stages of their lease term (below the comparable market rate). NO SEPTIC SYSTEM- PUBLIC WATER and SEWER! The tenant is responsible for their utilities ( gas /electric) and tenant's insurance. The owner is responsible for water/sewer and maintenance of the grounds. Additionally, there is ample parking and a full basement. The home backs up to the treed property line, offering a spacious rear yard. Property is located Rt off of Route 38 and is most convenient to shopping, and eateries, and just minutes to Route 295. Opportunities like this don't present themselves often. DO THE MATH !!Set up all showings through the listing agent. .

Listing Status:

Active

Date Added:

June 25, 2025 at 05:00AM

Listing Office:

Coldwell Banker Realty : 8562350101

Listing Agent:

Joseph M McColgan Sr. : 6093149862

MLS ID:

NJBL2089394

Interior

• Basement: Outside entrance
• A/C: Window Unit(s)
• Heating: RadiatorNatural Gas
• Disability Feature: Level Entry - Main32"+ wide Doors

Exterior

Construction

Location

Lot

Utilities

Financial

This listing courtesy of Joseph M McColgan Sr., Coldwell Banker Realty