Updated Two-Bedroom Home with
137 BURHOLME DRIVE Hamilton, NJ 08691
For Sale
$455,000
Pending
SINGLE_FAMILY - HAMILTON, NJ
Property Size1,381 SF
Days on Market126
Property Features for 137 BURHOLME DRIVE
General Information
- Property type
- Residential
- Property subtype
- Duplex
- Bedrooms
- 2
- Bathrooms
- 2
- Rooms
- Bedroom 1, Bedroom 2
- Standard status
- Pending
- Size
- 1,381 SF
Building Details
- Year built
- 2002
Listing Agency:
BHHS Fox & Roach Robbinsville Sales Office
(609) 890-3300
Listed By:
Maryann Petito · License #1007698
(609) 405-6609
Added: Mar 21
Changed: Jul 23
Last Checked: Jul 24 at 9:06AM
MLS# NJME2074014
Copyright © 2026 Berkshire Hathaway HomeServices Fox & Roach, Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This beautifully updated residence offers an open, bright floor plan with 2 bedrooms and 2 full bathrooms. The fireplace has been removed to enhance the openness of the main living area, and the home features laminate and tile flooring throughout. Updates include a new roof, HVAC system, furnace, and tankless water heater, along with an updated kitchen and updated bathrooms. A spacious laundry room and a garage with direct interior access add everyday convenience. The home comes with brand-new stainless steel appliances, including a refrigerator, stove, microwave, and dishwasher, as well as a washer, dryer, and window treatments.
Located at the end of a quiet street, the property backs to private green space with no homes directly behind, providing additional privacy. The listing also notes maintenance-free living through the community, including lawn care and snow removal handled for you.
Residents have access to a range of community amenities, including a clubhouse, fully equipped fitness center, heated pool, walking and biking paths, tennis, bocce, shuffleboard, and golf.
Located at the end of a quiet street, the property backs to private green space with no homes directly behind, providing additional privacy. The listing also notes maintenance-free living through the community, including lawn care and snow removal handled for you.
Residents have access to a range of community amenities, including a clubhouse, fully equipped fitness center, heated pool, walking and biking paths, tennis, bocce, shuffleboard, and golf.
Key Highlights
- 2002‑built home in Locust Hill adult community with 2 bedrooms and 2 full bathrooms
- Updated open floor plan with fireplace removed for a more expansive main living area
- Kitchen and bathrooms updated; includes brand‑new stainless steel appliances plus washer, dryer, and window treatments
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $41.4k | $30.00 |
| − Vacancy | −$3.1k | −$2.25 |
| EGI | $38.3k | $27.75 |
| − OpEx | −$17.2k | −$12.49 |
| NOI | $21.1k | $15.26 |
1,381 SF · lease $30.00/SF/yr · vacancy 7.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$301.1K
$263.5K – $351.3K
NOI $21,078 @ 7.0% cap · market cap 4.63%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$444.3K
$388.8K – $518.4K
NOI $31,102 @ 7.0% cap · market cap 6.84%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Single family properties
FAQs
What type of property is this?
Single family property - Move-in ready two-bedroom, two-bath home with new roof, HVAC, and tankless water heater plus garage with interior access.
Where is this single family property located?
The property is located at 137 BURHOLME DRIVE Hamilton, NJ.
What is the asking price?
The asking price for this property is $455,000.
What are key features of this property?
This property features: 2002‑built home in Locust Hill adult community with 2 bedrooms and 2 full bathrooms; Updated open floor plan with fireplace removed for a more expansive main living area; Kitchen and bathrooms updated; includes brand‑new stainless steel appliances plus washer, dryer, and window treatments
