See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

1011 Cedar Ln, Burlington, NJ, 08016

2beds
2baths
1,774sqft
$995,000
$561price/sqft
$7,364/moest. monthly cost
$294,560/yrincome needed

About This Home

For Sale at $995,000 Firm: 1011 Cedar Lane, Florence Twp, Burlington, NJ 08016. Explore the possibilities of this 12+ acre farm, perfectly blending rural charm and potential. The property features a 2-bedroom, 2-full-bath stone home, complemented by a kitchen, family room/dining area, living room, and laundry room. Additional amenities include a spacious basement for utilities, a 2.5 car garage, a barn, a pole barn, and a large in-ground cement pool with a gazebo. Enjoy the serene surroundings with a creek running alongside the home and ample space for gardening and animals. The house is equipped with gas hot water heat for comfort. Zoned commercial and currently used as farmland, this property offers various development opportunities. Due to occupancy, all viewings are strictly by appointment. 609-707-1596

Getting Around

21
WalkingCar-Dependent
0
TransitVery Limited Transit
28
BikeSomewhat Bikeable

Schools

2/10
Riverfront SchoolGrades 4-81.4 mi

Construction

Condition

  • Year built: 1950

Type & Style

  • Home type: Unknown

Interior

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Interior Area

  • Total interior livable area: 1,774 sqft

Property

Details

  • Parcel number: 15001630200007

Lot

  • Lot size: 12 Acres

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingVery High
  • Strong Wind
    Strong WindVery High
  • Winter Weather
    Winter WeatherVery High
  • Ice Storm
    Ice StormRelatively High
  • Lightning
    LightningRelatively High
  • Cold Wave
    Cold WaveModerate
  • Earthquake
    EarthquakeModerate
  • Hurricane
    HurricaneModerate
  • Heat Wave
    Heat WaveModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Inland Flooding
Strong Wind
Winter Weather
Ice Storm
Lightning
Cold Wave
Earthquake
Hurricane
Heat Wave
Tornado

FEMA Declared Disasters Across New Jersey Counties

Fire
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $5,031$60,372
Home Insurance *$422$5,064
Property Taxes $1,716$20,592
Electricity $195$2,346
Total$7,364$88,368
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$252,480/yr
40% on housing$220,920/yr
45% on housing$196,373/yr

New Jersey FAIR Plan Programs

New Jersey Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,029Commercial: 173
Total Premiums$5.54M
Total Exposure$1.19B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.8%
7.8%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: -2.0%
-2.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$561This listing

vs Other Active Listings

Avg $/sqft

ZIP 08016$150
Burlington County$217

vs Homes Sold Last Month

Median $/sqft

ZIP 08016$226
Burlington County$240

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-05-07Listed for sale$995,000

For Sale by Owner

AgentProperty Owner

Similar Homes