1 day on Rocket
$3,426 Closing Credit¹
#NJBL2089594, Mary Grace C Assadoghli, Listing office: MGA Real Estate Specialist
$360,000 List price
232 W Union St Burlington, NJ 08016
$4,275
Closing credit¹
1,928 sqft
0.05 acres
$187 / sqft
Multi-Family
Property details
About 232 W Union St
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.
Highlights
Home typeDuplex
HeatingBaseboard
StatusActive
(ACTIVE)
(ACTIVE)
CoolingWindow Unit(s)
Size1,928 sqft
Lot size0.05 Acres
Year built1900
ParkingOn Street
MLS #NJBL2089624
Summary
- Parking: On Street
- Architectural Style: Side-by-Side
- Heating: Baseboard
- Cooling: Window Unit(s)
- List Price: $360,000
- Price/SqFt: $186
- Annual Tax Amount: $5,504
- Tax Year: 2024
- Directions: Use GPS
- Year Built: 1900
- Living Area: 1,928 SqFt
- Municipality: Burlington City
- Lot Size: 0.05 Acres
- MLS Number: NJBL2089624
- MLS Name: BRIGHT
- Office Name: BHHS Fox & Roach-Marlton
- Office Phone: (856) 810-5300
- Listing Agent: Jonathan Zachary Benstead
- Agent Phone: (856) 465-9573
- Agent Email: jonathan.benstead@foxroach.com
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. ©2025 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: 6/19/2025, 7:45:33 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$360,000
232 W Union St
$4,275
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jun 20, 2022 | Home Sold | $170,000 |
| Apr 27, 2018 | Home Sold | $71,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $129,400 | $5,504 |
| 2022 | $129,400 | $5,364 |
| 2021 | $129,400 | $5,364 |
| 2020 | $134,500 | $5,377 |
| 2019 | $134,500 | $5,041 |
History based on county public records data.
Nearby schools
3
Wilbur Watts Intermediate School
Public District 3-6
0.4 mi
•550 High St
6
Snyder - Girotti Elementary School
Public District KG-5
1.5 mi
•450 Beaver St
4
Fountain Woods Elementary School
Public District 3-5
1.6 mi
•601 Fountain Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $39,026. Residents of Burlington, NJ typically earn less than $<35k each year. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
46%
<35k
36%
35k-100k
16%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
53%
Single, No Kids
14%
Single, with Kids
19%
Married, No Kids
14%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
14%
<11 yrs old
7%
12-17 yrs old
22%
18-34 yrs old
45%
35-64 yrs old
12%
65+ yrs old
What do the neighbors do for fun?
Extreme Sports
Horse Races
Pro Boxing
Where do the neighbors shop?
Sam's Club
Stein Mart
Family Dollar
Where do the neighbors go to eat?
White Castle
LongHorn Steakhouse
Chipotle
What do the neighbors drive?
Oldsmobile
Buick
Chevrolet
What do the neighbors listen to?
Rock
Contemporary Inspirational
News
All data provided by Home Junction and Claritas
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Frequently asked questions
About 232 W Union St
The listing price of 232 W Union St property is $360,000.
The property 232 W Union St is a multi located in Burlington, New Jersey, 08016.
Active Listing: 232 W Union St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 232 W Union St are: Wilbur Watts Intermediate School (GreatSchools Rating 3/10), Snyder - Girotti Elementary School (GreatSchools Rating 6/10), Fountain Woods Elementary School (GreatSchools Rating 4/10), Burlington Township Middle School at Springside (GreatSchools Rating 4/10), Benjamin Banneker Preparatory Charter School (GreatSchools Rating 3/10), Snyder - Girotti Middle School (GreatSchools Rating 4/10), Burlington City High School (GreatSchools Rating 3/10), Burlington Township High School (GreatSchools Rating 5/10), Bristol High School (GreatSchools Rating 4/10).
According to the records, the last property tax for 2024 is $5,504 (source: MLS/based on county public records data).
The last sale was on June 20, 2022 for $170,000 (source: MLS/tax record).
The property 232 W Union St is 1,928 SqFt (source: MLS/tax record).
The year of construction for 232 W Union St is 1900.
This home is located at 232 W Union St in Burlington, NJ and zip code 08016. This 1,928 square foot home, which was built in 1900, sits on a 0.05 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since June 18, 2025 and is currently priced at $360,000.
The inventory of homes for sale in Burlington, NJ between April and May 2025 increased by 47.4%. Listings spent 71 days on the market in May 2025, and had a median list price of $352,800 during the same period.
From Rocket Homes Real Estate and based on county public records data.