867 Beverly Rd, Burlington, NJ 08016
🏠 Residential Fix & Flip Opportunity
📍 Property Overview
2044 sqft | 5 bedrooms / 2 bathrooms | built 1900
🔥 Attention Investors & Realtors! Here’s your chance to secure a classic residential fixer-upper with strong upside in a growing New Jersey market.
Asking Price: $300,000
Estimated ARV: ~$470K
🏘️ Ideal for fix & flip, buy & hold, or conversion to duplex (buyer to verify zoning/use)
💡 Perfect for house hackers or investors looking to pair with a business next door
📍 Location Benefits: Scenic parks & family-friendly neighborhoods | Top-rated local schools | Easy access to Philadelphia, NYC & major highways
💰 Exit Strategy Options
🏠 Exit 1 — Single-Family Rental
Rented as one unit
Standard renovation (not luxury)
Market-rate pricing to reduce vacancy risk
Projected Rent: $2,600 – $3,000 / month
Annual Gross Income: $31,200 – $36,000
🏢 Exit 2 — House Hack
Per-Room Rent: $650 – $750 per room
Monthly Gross: $3,250 – $3,750
Annual Gross Income: $39,000 – $45,000
🏢 Exit 3 — Value-Add Hold (Post-Reno, Optimized)
Conservative blended rent estimate
Monthly gross: $3,200
Annual Gross Income: $38,400
👉 Bottom Line
One property
Three strong exits
Flip it, House Hack, Value-Add Hold — you decide!
COMPS
🟢 26 Peachtree Ln – 2030 sf → Sold $455,000 (1/27/25)
🟢 5 Yubas Ave – 2419 sf → Sold $465,000 (12/19/25)
🟢 345 Glenwood – 1846 sf → Sold $510,000 (6/30/25)
(Source: Zillow Housing Market Data)
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