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123 Burnt Mill Rd, Cherry Hill, NJ, 08003

2beds
1baths
963sqft
$220,000
$228price/sqft
$1,831/moest. monthly cost
$73,240/yrincome needed

About This Home

Rare opportunity in the highly desirable Cherry Hill East section! This 2-bedroom, 1-bath home is ready for its next chapter and offers incredible potential for investors, builders, or buyers looking to create their dream home. While the property is in need of significant updating and TLC, its true value lies in the expansive lot, providing endless possibilities for renovation, expansion, or new construction (subject to township approvals). Nestled in a sought-after neighborhood known for its excellent location and convenience, this property offers the chance to build equity in one of Cherry Hill's most desirable areas. Whether you're looking to restore the existing home or take advantage of the oversized lot to create something new, opportunities like this are hard to find. Bring your vision and imagination and unlock the potential of this unique property! Sold strictly as-is.

Getting Around

55
WalkingSomewhat Walkable
0
TransitVery Limited Transit
36
BikeSomewhat Bikeable

Schools

7/10
7/10

Construction

Condition

  • Year built: 1950

Materials

  • Foundation: Crawl Space
  • Construction materials: Frame

Type & Style

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

Interior

Appliances

  • Appliances included: Microwave,Oven/Range - Gas,Gas Water Heater
  • Laundry features: Main Level

Basement

  • Area: 0

Bedrooms & Bathrooms

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

Features

  • Combination Dining/Living,Eat-in Kitchen
  • Flooring: Carpet
  • Finished area below ground: 0
  • Finished area above ground: 963

Heating & Cooling

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

Interior Area

  • Total structure area: 963
  • Total interior livable area: 963 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 0900549 0100001
  • Zoning: RES
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Pool features: None

Lot

  • Lot size: 0.32 Acres
  • Lot size dimensions: 110.00 x 125.00

Parking

  • Total spaces: 1
  • Parking features: Garage Faces Front,Attached
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

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

  • Winter Weather
    Winter WeatherRelatively High
  • Heat Wave
    Heat WaveModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Winter Weather
Heat Wave
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 $1,112$13,344
Home Insurance *$74$888
Property Taxes $452$5,424
Electricity $193$2,318
Total$1,831$21,972
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$62,777/yr
40% on housing$54,930/yr
45% on housing$48,826/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: 8.1%
8.1%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: -2.1%
-2.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$228This listing

vs Other Active Listings

Avg $/sqft

ZIP 08003$233
Camden County$192

vs Homes Sold Last Month

Median $/sqft

ZIP 08003$236
Camden County$224

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
2026-07-31Listed for sale$220,000
1989-06-05Sold$13,925

For Sale by Agent

AgentKelly Maia
BrokerageColdwell Banker Realty

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