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502 Mount Laurel Rd, Mount Laurel, NJ, 08054

3beds
2baths
2,584sqft
$475,000
$184price/sqft
$3,642/moest. monthly cost
$145,680/yrincome needed

About This Home

Welcome to 502 Mount Laurel Road, a beautifully updated 3-bedroom, 2-bath ranch offering easy, one-floor living with a fresh, modern feel throughout. Inside, you’ll find a bright and inviting layout with spacious living areas, an updated kitchen featuring newer appliances, and two fully renovated bathrooms. Each bedroom offers comfortable space and natural light, creating a home that feels both functional and welcoming. The living space doesn’t stop there! A fully finished 1,100 sq ft basement with walkout access adds incredible flexibility, perfect for a second living area, home office, gym, or guest space. This home has been thoughtfully updated in 2022 and 2023, blending style with peace of mind. Major improvements include a new HVAC system, a new roof with a transferable warranty, an updated septic system, and the addition of a whole-house generator. Set on just over a half an acre, the fenced in yard offers plenty of room to relax or entertain. Move-in ready and designed for convenience, this home delivers the space, updates, and lifestyle today’s buyers are looking for. Minutes from major highways, shopping, dining, and top-rated schools, making daily life convenient and connected! **House was appraised 2024 at 1406 sqft above grade 1176sqft finished basement

Getting Around

17
WalkingCar-Dependent
0
TransitVery Limited Transit
33
BikeSomewhat Bikeable

Schools

8/10
Springville SchoolGrades PK-41.2 mi
5/10
5/10
Lenape High SchoolGrades 9-122.0 mi

Construction

Condition

  • Property condition: Very Good
  • Year built: 1954

Materials

  • Foundation: Block
  • Roof: Architectural Shingle
  • Construction materials: Vinyl Siding

Notable Dates

  • Major remodel year: 2022

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch/Rambler
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Electric Water Heater

Basement

  • Area: 1176

Basement

  • Has basement: Yes
  • Basement: Drainage System,Sump Pump

Bedrooms & Bathrooms

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

Features

  • Finished area below ground: 1,176
  • Finished area above ground: 1,408

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Central Air,Natural Gas

Interior Area

  • Total structure area: 2,584
  • Total interior livable area: 2,584 sqft

Property

Accessibility

  • Accessibility features: No Stairs

Details

  • Parcel number: 240080100012
  • Zoning: RESIDENTIAL
  • Special condition: Standard
  • Exclusions: Personal Property,Cabinets In Garage,Refrigerator In Garage Tbd

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • Exterior features: Flood Lights
  • Fencing: Chain Link

Lot

  • Lot size: 0.55 Acres
  • Lot size dimensions: 125.00 x 190.00

Parking

  • Total spaces: 2
  • Parking features: Garage Door Opener,Garage Faces Side,Attached,Driveway
  • 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

  • Strong Wind
    Strong WindRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • 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
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 $2,401$28,812
Home Insurance *$138$1,656
Property Taxes $819$9,828
Electricity $284$3,418
Total$3,642$43,704
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$124,868/yr
40% on housing$109,260/yr
45% on housing$97,120/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

$184This listing

vs Other Active Listings

Avg $/sqft

ZIP 08054$202
Burlington County$217

vs Homes Sold Last Month

Median $/sqft

ZIP 08054$278
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
2026-04-25Price change$490,000
2026-04-01Listed for sale$510,000
2022-09-19Sold$365,000
2022-08-08Pending sale$365,000
2022-07-16Price change$364,900
2022-07-11Price change$374,900
2022-06-17Listed for sale$385,000
2022-01-27Sold$176,000
2022-01-12Pending sale$199,900
2022-01-12Contingent$199,900
2021-12-20Listed for sale$199,900

For Sale by Agent

AgentBrooke Morelli
BrokerageWeichert Realtors-Haddonfield

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