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7 Richmond Avenue, Lumberton, NJ, 08048

4beds
2baths
1,811sqft
$399,999
$221price/sqft
$3,036/moest. monthly cost
$121,440/yrincome needed

About This Home

Step inside this beautiful Cape Cod-style home, offering the perfect blend of character, comfort, and convenience. This inviting four bedroom, two full bath residence has a comfortable and flexible layout. On the first floor, one will find two bedrooms and a full bath, a large living room showcasing a wood-burning stove, dining room and kitchen. On the second level, you'll find two additional bedrooms and another full bath. The expansive primary bedroom boasts skylights that fill the space with natural light, along with a generous walk-in closet. The newer roof, hot water heater and HVAC system provide peace of mind to this home's next owner. Enjoy year-round relaxation in the enclosed sunroom featuring a hot tub, perfect for unwinding after a long day. The full basement offers additional storage space with potential for recreation. Outside, the large fully fenced backyard provides endless possibilities for entertaining, gardening, pets, or future outdoor enhancements. Located within close proximity to major roadways, medical facilities, local breweries, wineries, parks, and shopping, this home is central to all. With its charming curb appeal, thoughtful updates, and exceptional location, this home is ready for its next owner to create lasting memories. Schedule your tour today!

Getting Around

51
WalkingSomewhat Walkable
0
TransitVery Limited Transit
48
BikeSomewhat Bikeable

Schools

5/10
Bobbys Run SchoolGrades 2-51.1 mi
4/10
Lumberton Middle SchoolGrades 6-81.1 mi

Construction

Condition

  • Year built: 1949

Type & Style

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

Interior

Basement

  • Has basement: Yes
  • Basement: Ceilings - High,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Flooring: Laminate,Wood

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,811
  • Total interior livable area: 1,811 sqft

Property

Details

  • Parcel number: 170001100000003102
  • Exclusions: Personal Property

Features

  • Stories: 2
  • Has spa: Yes
  • Spa features: Outdoor Hot Tub

Lot

  • Lot size: 0.28 Acres
  • Lot size dimensions: 75 x 167

Parking

  • Parking features: Carport,Driveway
  • Has uncovered spaces: Yes
  • Carport: 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

  • Strong Wind
    Strong WindRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Strong Wind
Winter Weather
Cold Wave
Heat Wave
Inland Flooding
Ice Storm
Lightning
Tsunami

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 $2,022$24,264
Home Insurance *$126$1,512
Property Taxes $689$8,268
Electricity $199$2,395
Total$3,036$36,432
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$104,091/yr
40% on housing$91,080/yr
45% on housing$80,960/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 08048$209
Burlington County$217

vs Homes Sold Last Month

Median $/sqft

ZIP 08048$267
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
2026-07-16Listed for sale$399,999
2020-06-01Sold$247,500
2020-03-16Price change$245,000
2020-03-09Price change$249,000
2020-02-28Price change$254,000
2020-01-27Listed for sale$259,000
2011-01-07Sold$133,000

For Sale by Agent

AgentCaryn Mazzeo
BrokerageMaxima Realtors

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