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318 Penn St

Burlington, NJ 08016

3 bd 2 ba 1,072 sqft Built 1880 Lot 1,742 sqft townhomes
Most recent sale
$60,000
Jan 19, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 1, 2024 Sold $70,000 BrightMLS
Sep 1, 2022 Listed $85,000 MLS #NJBL2033170
Jan 19, 2021 Sold $60,000 Public Record
Jan 19, 2015 Listing removed $64,900 BrightMLS
Jul 18, 2014 Listed $64,900 MLS #6429797
Sep 12, 2013 Sold $37,000 Public Record
Apr 22, 2002 Sold $69,000 Public Record
Sep 30, 1988 Sold $35,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $41,100 $24,300 $65,400 $2,904
2024 $41,100 $24,300 $65,400 $2,831
2023 $41,100 $24,300 $65,400 $2,782
2022 $41,100 $24,300 $65,400 $2,751
2021 $41,100 $24,300 $65,400 $2,711
2020 $41,100 $24,300 $65,400 $2,615
2019 $41,100 $24,300 $65,400 $2,494
2018 $41,100 $24,300 $65,400 $2,451
2017 $41,100 $24,300 $65,400 $2,376
2016 $41,100 $24,300 $65,400 $2,286
2015 $69,400 $27,000 $96,400 $3,250
2014 $69,400 $27,000 $96,400 $3,143
2013 $69,400 $27,000 $96,400 $3,060
2012 $69,400 $27,000 $96,400 $2,978
2011 $58,600 $19,600 $78,200 $3,545
2010 $58,600 $19,600 $78,200 $3,351
2009 $58,600 $19,600 $78,200 $3,149
2008 $58,600 $19,600 $78,200 $3,005
2007 $58,600 $19,600 $78,200 $2,846

Property facts

Year built
1880
Property type
townhomes
Stories
2
Beds
3
Baths
2
Living area
1,072 sqft
Lot size
1,742 sqft
ZIP code
08016
City
Burlington
Street
Penn St
Coordinates
40.08046, -74.85265

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$360
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 318 Penn St last sell?
318 Penn St most recently sold on Jan 19, 2021 for $60,000.
What is the current tax assessment for 318 Penn St?
The most recent total assessment for 318 Penn St (year 2025) is $65,400 with $2,904 in property tax.
How does 318 Penn St's assessment compare to its last sale price?
The current assessment is 9.0% above the last sale price of $60,000.
When was 318 Penn St built?
318 Penn St was built in 1880.
How does 318 Penn St compare to others on Penn St?
We track 8 other properties on Penn St. Browse the list under "Other properties on Penn St" to compare beds, baths, and sale history.
What are the property facts for 318 Penn St?
318 Penn St is a 3 bed, 2 bath, 1,072 sqft, 1,742 sqft lot townhomes.
Is 318 Penn St a flip candidate?
No — 318 Penn St does not appear in our flips dataset.
Is 318 Penn St a tax-appeal candidate?
No — 318 Penn St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+3.6%
Implied 1-yr
+14.5%
2026 Q3
$385.9K
2026 Q4
$397.3K
ZIP 08016 — Median Price History + Forecast

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