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809 Olive St, Florence, NJ, 08518

4beds
2baths
2,108sqft
$465,000
$221price/sqft
$3,563/moest. monthly cost
$142,520/yrincome needed

About This Home

Great Investment Opportunity – Multi-Unit Property with Garage & Basement! Well-maintained multi-unit home featuring two separate units, perfect for investors or owner-occupants seeking rental income. The main unit offers 3 spacious bedrooms, a full bath, bright living area, and a functional kitchen. The second unit features 1 bedroom, 1 bath, and an efficient layout ideal for a tenant or extended family. The property features a full basement with ample storage space or potential for future development. Detached garage and additional driveway parking provide added convenience. Located in a desirable neighborhood close to schools, shopping, and transit. Don’t miss out—schedule your private showing today!

Getting Around

19
WalkingCar-Dependent
0
TransitVery Limited Transit
33
BikeSomewhat Bikeable

Schools

2/10
Riverfront SchoolGrades 4-80.6 mi

Construction

Condition

  • Year built: 1955

Materials

  • Foundation: Brick/Mortar
  • Construction materials: Brick

Type & Style

  • Home type: SingleFamily
  • Architectural style: Cape Cod
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Gas Water Heater

Basement

  • Area: 0

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 1
  • Main level bedrooms: 3

Features

  • Number of fireplaces: 1
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 2,108

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Wall Unit(s),Electric

Interior Area

  • Total structure area: 2,108
  • Total interior livable area: 2,108 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 150009400009
  • Zoning: R
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None

Lot

  • Lot size: 10,698 sqft
  • Lot size dimensions: 100.00 x 107.00

Parking

  • Total spaces: 2
  • Parking features: Garage Door Opener,Detached,Driveway,Off Street
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes

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 $2,351$28,212
Home Insurance *$178$2,136
Property Taxes $802$9,624
Electricity $232$2,788
Total$3,563$42,756
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$122,160/yr
40% on housing$106,890/yr
45% on housing$95,013/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

$221This listing

vs Other Active Listings

Avg $/sqft

ZIP 08518$159
Burlington County$217

vs Homes Sold Last Month

Median $/sqft

ZIP 08518$246
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)

Price History

DateEventPrice
2026-02-09Price change$465,000
2026-01-14Price change$475,000
2025-10-14Price change$485,000
2025-07-21Listed for sale$499,900
2022-07-13Sold$290,000
2022-05-04Pending sale$320,000
2022-03-23Listed for sale$320,000
2010-09-09Sold$188,000
2010-04-05Listing removed$214,900
2009-12-12Listed for sale$214,900
1994-09-06Sold$82,500

For Sale by Agent

AgentYalcin Kucuk
BrokerageHomeSmart First Advantage Realty

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