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232 W Union St, 
Burlington, NJ 08016

$360,000


4

Beds


Bath


1,928

Sq Ft


Multi-Family

Active

Listed by

Jonathan Zachary Benstead

Bhhs Fox & Roach-Marlton

Last updated:

June 22, 2025, 01:25 PM

MLS#

NJBL2089624

Source:

BRIGHTMLS

About This Home

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.

Home Facts

Multi-Family

4 Bedrooms

Built in 1900

Price Summary

360,000

$186 per Sq. Ft.

MLS #:

NJBL2089624

Last Updated:

June 22, 2025, 01:25 PM

Added:

4 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

4


Structure

Structure

Architectural Style:

Side-by-Side

Building Area:

1,928 Sq. Ft.

Year Built:

1900


Lot

Lot Size (Sq. Ft):

2,178


Finances & Disclosures

Finances

Price:

$360,000

Price per Sq. Ft:

$186 per Sq. Ft.

Source:BRIGHTMLS
The information being provided by Bright MLS is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 Bright MLS All rights reserved.

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