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509 Lumberton Rd, 
Hainesport, NJ 08036

$599,000


7

Beds


Bath


3,996

Sq Ft


Multi-Family

Coming Soon

Listed by

Joe McColgan

Last updated:

June 22, 2025, 01:25 PM

MLS#

NJBL2089394

Source:

BRIGHTMLS

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About This Home

509 Lumberton Rd

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. All units are presently occupied with the present leases in different stages of their lease term ( which are below the comparable market rate). NO SEPTIC SYSTEM- PUBLIC WATER and SEWER! The tenant is responsible for their utilities ( gas /electric) and insurance. The owner is responsible for water/sewer and maintenance of the grounds. Additionally, there is ample parking and a full basement. Home backs up to treed property line offering a spacious rear yard, a play area, picnic tables, etc. Property located Rt off of Route 38 and most convenient to shopping, eateries, and just minutes to Route 295. Opportunities like this don't present themselves often. DO THE MATH !! .

Home Facts

Multi-Family

7 Bedrooms

Built in 1910

Price Summary

599,000

$149 per Sq. Ft.

MLS #:

NJBL2089394

Last Updated:

June 22, 2025, 01:25 PM

Added:

3 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

7


Structure

Structure

Architectural Style:

Colonial

Building Area:

3,996 Sq. Ft.

Year Built:

1910


Finances & Disclosures

Finances

Price:

$599,000

Price per Sq. Ft:

$149 per Sq. Ft.

509 Lumberton Rd
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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