Six-Unit Apartment
For Sale
$795,000
443 LANDING Street, Lumberton, NJ 08048
Multi-Family, LUMBERTON, NJ
Property Size4,363 SF
Lot Size0.83 Acres
Price / SF$182.21
Days on Market279
Property Features for 443 LANDING Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Rooms
Basement
Parking features
Parking Lot
Elementary school
F L WALTHER
Middle school
LUMBERTON
Elementary school district
LUMBERTON TOWNSHIP PUBLIC SCHOOLS
Middle school district
LUMBERTON TOWNSHIP PUBLIC SCHOOLS
High school district
LUMBERTON TOWNSHIP PUBLIC SCHOOLS
Standard status
Active
Size
4,363 SF
Lot size
0.83 Acres
Taxes and HOA fees
Tax Annual Amount
12125
Utilities
Heating system
Forced Air
Cooling system
Wall Unit(s), Central Air
Building Details
Year built
1915
Number of units
4
Buildings
1
Listing Agency:
Keller Williams Realty - Moorestown
(856) 316-1100
Listed By:
Samuel N Lepore · License #791411
(856) 297-6827
Added: Jan 21
Changed: Oct 26
Last Checked: Oct 27 at 7:06AM
MLS# NJBL2103940
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This six-unit apartment building at 443 Landing Street includes two 2-bedroom units, two 1-bedroom units, and two studio apartments. The property contains 4,363 square feet on a 0.83-acre lot, with a parking lot, forced-air heating, and a combination of central air and wall-unit cooling. Built in 1915, the building also includes a basement.
The property overlooks the Rancocas Creek and is located in Lumberton, Burlington County, New Jersey. Its varied apartment configuration provides a mix of studio, one-bedroom, and two-bedroom layouts within a single multifamily asset.
The property overlooks the Rancocas Creek and is located in Lumberton, Burlington County, New Jersey. Its varied apartment configuration provides a mix of studio, one-bedroom, and two-bedroom layouts within a single multifamily asset.
Key Highlights
- Six total units: two 2‑bedroom, two 1‑bedroom, and two studio apartments
- 4,363‑square‑foot apartment building on 0.83 acres
- Views overlooking the Rancocas Creek
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$57,145
Cap Rate
7.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,142,900
$1.1M
Cap Rate 7%
$816,357
$816.4K
Cap Rate 9%
$634,944
$634.9K
Market Conditions
NOI Build-Up for 4,363 SF
Gross rent
$109.9K $25.20/SF
− Vacancy
−$6.0K −$1.39/SF
EGI
$103.9K $23.81/SF
− OpEx
−$46.8K −$10.72/SF
NOI
$57.1K $13.10/SF
Area
Burlington County, NJ
Vacancy
5.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,142,900
Cap Rate 7%
$816,357
Cap Rate 9%
$634,944
Alternative Uses
Best Use
Apartment 5plus
$816.4K
$714.3K – $952.4K
NOI $57,145 @ 7.0% cap · market cap 7.19%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$9.13M
$7.98M – $10.65M
NOI $638,759 @ 7.0% cap · market cap 80.35%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
104
Businesses Nearby
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Business Placement
Demographics for 08048, NJ
12,782
Population
5,024
Households
2.5
Avg Household Size
41
Median Age
42%
College-Educated
94%
High-School Grad
12.1 sq mi
ZIP Area
1,056
Density / Sq Mi
$111,739
Median Household Income
$58,097
Median Earnings
$1,667
Median Rent
$414,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - Unit mix includes studios, one-bedroom, and two-bedroom apartments with creek views and on-site parking.
Where is this apartment building located?
The property is located at 443 LANDING Street Lumberton, NJ.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: Six total units: two 2‑bedroom, two 1‑bedroom, and two studio apartments; 4,363‑square‑foot apartment building on 0.83 acres; Views overlooking the Rancocas Creek
