Pending

$220,000

123 Burnt Mill Rd, Cherry Hill, NJ 08003

2beds

963sqft

$1,719/mo

Get pre-qualified

Single Family Residence

Built in 1950

0.32 Acres Lot

$214,600 Zestimate^®

$228/sqft

$-- HOA

What's special

Expansive lotOversized lot

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.

89 days
214
12

Likely to sell faster than

Facts & features

Interior

Bedrooms & bathrooms

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

Basement

Area: 0

Heating

Baseboard, Natural Gas

Cooling

Central Air, Natural Gas

Appliances

Included: Microwave, Oven/Range - Gas, Gas Water Heater
Laundry: Main Level

Features

Combination Dining/Living, Eat-in Kitchen
Flooring: Carpet
Has basement: No
Has fireplace: No

Interior area

Total structure area: 963
Total interior livable area: 963 sqft
Finished area above ground: 963
Finished area below ground: 0

Property

Parking

Total spaces: 1
Parking features: Garage Faces Front, Attached
Attached garage spaces: 1

Accessibility

Accessibility features: None

Features

Levels: One
Stories: 1
Pool features: None

Lot

Size: 0.32 Acres
Dimensions: 110.00 x 125.00

Details

Additional structures: Above Grade, Below Grade
Parcel number: 0900549 0100001
Zoning: RES
Special conditions: Standard

Construction

Type & style

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

Materials

Frame
Foundation: Crawl Space

Condition

New construction: No
Year built: 1950

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: Ashland Terrace

HOA

Has HOA: No

Location

Region: Cherry Hill
Municipality: CHERRY HILL TWP

Financial & listing details

Price per square foot: $228/sqft
Tax assessed value: $115,500
Annual tax amount: $5,428
Date on market: 7/31/2026
Listing agreement: Exclusive Agency
Ownership: Fee Simple

Estimated market value

$214,600

$204,000 - $225,000

$2,475/mo

Price history

Date	Event	Price
10/16/2026	Pending sale	$220,000$228/sqft
Source: Bright MLS #NJCD2122816 Report a problem
9/30/2026	Contingent	$220,000$228/sqft
Source: Bright MLS #NJCD2122816 Report a problem
7/31/2026	Listed for sale	$220,000+1479.9%$228/sqft
Source: Bright MLS #NJCD2122816 Report a problem
6/5/1989	Sold	$13,925$14/sqft
Source: Agent Provided Report a problem

Public tax history

Year	Property taxes	Tax assessment
2026	$5,180 +3.1%	$115,500
2025	$5,022 +5.2%	$115,500
2024	$4,774 -1.6%	$115,500
2023	$4,853 +2.8%	$115,500
2022	$4,719 +0.9%	$115,500
2021	$4,675 +0%	$115,500
2020	$4,673 +0.2%	$115,500
2019	$4,662 +1.4%	$115,500
2018	$4,598 +1.3%	$115,500
2017	$4,537 +1.6%	$115,500
2016	$4,465 +1.1%	$115,500
2015	$4,416 +2.1%	$115,500
2014	$4,324 -2.2%	$115,500
2013	$4,421 +2.3%	$115,500 +66.4%
2012	$4,322 +5.6%	$69,400
2011	$4,092 +2.3%	$69,400
2010	$4,002 +2.1%	$69,400
2009	$3,920	$69,400
2008	--	$69,400
2007	--	$69,400
2006	--	$69,400
2005	--	$69,400
2004	--	$69,400
2003	--	$69,400
2002	--	$69,400
2001	--	$69,400