Closed$2,800
TLC ≈ $272/mo
3 3 1,500 sqft
88 Peregrine Way, Burlington Twp, NJ 08016
104 Juniper Street, Burlington City, NJ 08016
$249,000
0 beds 2 baths 1,500 sqft Built 1914128 days on marketClosed
About this home
Welcome to Your Next Investment Opportunity! Multi-Family 2-Unit Home | Fully Tenanted | Income-Generating Potential Discover the charm and potential of this well-maintained"AS IS" 2-family home, ideally suited for investors or owner-occupants looking to generate consistent rental income. Both units are occupied by long-term, reliable tenants who have maintained timely payments over the years, with a month-to-month lease contract. With a touch of renovation and sweat equity, this property can be transformed into an even more profitable income-producing asset! Unit 1 (First Floor): 2 Bedrooms | 1 Shower Bath Spacious Living Room Full Kitchen with Appliances Included Private Access to a Large Deck Porch Access to a Partially Finished Full Basement with Utility Area Unit 2 (Second Floor): 1 Bedroom | 1 Full Tub Bathroom Comfortable Living Room Fully Equipped Kitchen Stair Access to a Partially Finished Attic (Great Storage or Bonus Space!) Private Front Entrance The home sits on a generous fully fenced backyard, perfect for outdoor gatherings, family fun, or entertaining guests. The long side driveway offers parking for 3-4 vehicles, extending conveniently to the backyard area. Flexible Usage Options: Live in one unit and let the other help pay your mortgage Or keep both units rented for strong cash flow Eligible for a residential loan (up to 4 units) if owner-occupied Whether you're a savvy investor or a first-time buyer seeking passive income, this multi-family gem offers endless opportunity and upside potential! Sellers Disclosures is attached. The Seller has provided information to the best of his knowledge, however, buyers are strongly encouraged to conduct their own due diligence and independent investigation regarding the condition and features of this property.
Affordability — calculate your monthly payment
Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.19% APR.
Your estimated payment
$2,815/mo
- Real estate (PITI + HOA + PMI)
- $2,416
- Utilities
- $532
- Transportation
- $122
- Other (entertainment)
- $158
Principal + interest$1,604
Property tax + insurance$719
PMI / 2nd mortgage$93
Heating + cooling$104
Internet + TV + phone$158
Water + sewer + garbage$58
Car insurance + maintenance$122
Budget$5,000/mo
Remaining after TLC$2,185/mo
Purchase price
$249,000
Down payment
$12,450 (5%)
Loan amount
$236,550
APR
7.19%
Quick facts
Type
2 Family
Style
—
Year built
1914
Lot size
0.1053 ac
Stories
2
Heating
Zoned, Radiant, Forced Air
Cooling
Ceiling Fan(s),A/C Wall Unit(s),A/C Window Unit(s), Unit 1(A/C Unit), Unit 2(A/C Unit)
Water
Public
HOA
—
Annual tax
$5,204
MLS #
2515543R
County
Burlington
At a glance
Basement
Garage (4)
Home features
Appliances
Water Heater(ElectricGas)Water HeaterUnit 1(Range/OvenRefrigerator)Unit 2(Range/OvenRefrigerator)
Interior
Unit 1(Dining Room2 BedroomsKitchen1 BathLiving RoomDen/Family Room)Unit 2(1 BedroomDining RoomKitchen1 BathLiving RoomDen/Family Room)
Exterior
BarbecuePatioDeckDoor(s)-Storm/ScreenFencing/WallYardBlindsPorchPrivate Entrance
Parking
Detached CarportGarage3-4 Car Parking4(+)Car Parking
Patio & porch
PatioDeckPorch
Accessibility
Unit 1 Accessibility FeaturesUnit 2 Accessibility Features
Flooring
Unit 2 Carpet
Roof
Asphalt, Built-Up, Wood
Sewer
Public Sewer
Ownership
Fee Simple
Lot features
Near Shopping, Near Train, Rural Lot, Near Public Transit
Neighborhood — 08016
| Metric | This ZIP | County | USA |
|---|---|---|---|
| Population | 34,778 | 8,832,837 | 299,088,112 |
| Population Change Since1990 | 37.00% | 14.00% | 20.00% |
| Population Density | 1,680 | 1,137 | — |
| Male | 16,641 | 4,307,827 | 147,432,321 |
| Female | 18,107 | 4,525,010 | 151,655,844 |
| Never Married | 6,806 | 1,965,811 | 63,775,926 |
| Married | 14,769 | 3,647,435 | 123,120,365 |
| Separated | 1,402 | 391,239 | 12,639,686 |
| Widowed | 2,211 | 515,172 | 15,467,586 |
| Divorced | 2,325 | 529,393 | 23,075,029 |
| Number Of House Hold | 12,648 | 3,167,345 | 111,826,380 |
| Average House Hold Size | 2.68 | 2.73 | 2.60 |
| Medial Age | 36.71 | 37.15 | 35.46 |
| Median House Hold Income | $65,093 | $63,392 | $48,276 |
| Average House Hold Income | $71,795 | $83,312 | $63,629 |
| P C I | $26,915 | $30,662 | $24,529 |
| M D I | $53,891 | $52,505 | $41,133 |
| A T H E | $55,949 | $61,369 | $50,898 |
| S T R | 7.00% | 7.00% | — |
| W C J | 80.39% | 81.02% | 77.74% |
(Zip) Code
8016
Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.
Map & walkability
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Listing information last refreshed 6/17/2025. Provided courtesy of MGA REAL ESTATE SPECIALIST via Central Jersey Multiple Listing System, INC. Information deemed reliable but not guaranteed.