153 New Freedom Rd

Berlin, NJ 08009

$525,000
Price
5
Beds
3
Baths
2,447 Sq. Ft.
$215 / Sq. Ft.
2,447
Sq. Ft.
$215
per Sq. Ft.
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a front view of a house with a yard
a front view of a house with a yard
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a white refrigerator freezer and a stove sitting inside of a kitchen
a kitchen with cabinets stove and refrigerator
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an empty room with fire place and windows
a bathroom with a toilet sink and mirror
a view of an empty room with wooden floor and stairs
an empty room with windows
an empty room with windows
a kitchen with sink a refrigerator and cabinets
a bathroom with a tub sink toilet and mirror
a view of walk in closet
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a house view with a outdoor space

Description

Welcome to 53 New Freedom Road, an exceptional triplex located at the entrance of one of Berlin Borough's premier neighborhoods! This well-maintained property features three distinct residential units : two spacious 2-bedroom, 1-bath apartments and a cozy 1-bedroom, 1-bath apartment . Each unit is equipped with separate utilities , ensuring independence for residents. The property has undergone recent upgrades, including brand new boilers and hot water heaters installed within the last year, providing...Welcome to 53 New Freedom Road, an exceptional triplex located at the entrance of one of Berlin Borough's premier neighborhoods! This well-maintained property features three distinct residential units : two spacious 2-bedroom, 1-bath apartments and a cozy 1-bedroom, 1-bath apartment . Each unit is equipped with separate utilities , ensuring independence for residents. The property has undergone recent upgrades, including brand new boilers and hot water heaters installed within the last year, providing reliable comfort for all tenants. Each apartment has its own private entrance and designated parking area , maximizing both privacy and convenience. Situated on a generous .91-acre lot , this property not only offers an ideal multi-family living arrangement but also presents an enticing subdividable potential . The lot measures 99 feet deep from Chilemi Court and extends 400 feet along the same road, providing ample space for outdoor activities or future development opportunities. With an annual rental income of $46,800 and total operating expenses of $4,725 , the property boasts a strong Net Operating Income (NOI) of $42,074.80 . This translates to an impressive Capitalization Rate (Cap Rate) of approximately 8.01% and a Return on Investment (ROI) of 8.01% , highlighting its strong cash flow potential. Additionally, the Gross Rent Multiplier (GRM) stands at 11.21 , indicating a favorable investment compared to local market standards. Located in a friendly community, 153 New Freedom Road offers easy access to local amenities, schools, and parks, while providing convenient transportation routes. This is a fantastic investment opportunity or a perfect multi-family living arrangement. Don’t miss your chance to own a property with endless potential in a sought-after location! Whether you're looking to maintain the current triplex model for rental income or explore future subdivision possibilities, this property is ready to deliver value now and into the future. Contact us today for more details!
  1. Listed by Stephen B. Clyde • LPT Realty, LLC
    P: (609)-868-2114 teamclyde@gmail.com

Property Details for 153 New Freedom Road

Tax ID Number
05-02100-00003
Ownership
Fee Simple
Structure Type
Detached
Style
Other
Waterfront
No
Garage
No
Expected On Market Date
05-22-2026
Cross Street
Watsontown Rd
LISTING UPDATED: 05/18/2026 02:42 PM

Property Details for 153 New Freedom Road

StatusActive
MLS #NJCD2117316
Days on Market22
Taxes$9,138 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1950
Lot Size0.91 AC / 39,639 SF
CountyCamden County
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Location

Listing Courtesy of LPT Realty, LLC
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Building Information for 153 New Freedom Road

Stories-Residences3Year Built1950Building Size-Lot Size0.91 AC / 39,639 SF

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$3,378 per month

30 year fixed, 6.36% Interest

Principal and Interest

$2,616

Property Taxes

$762

HOA Dues

$0

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Property Information for 153 New Freedom Road

Location
Location
  • School District Name: BERLIN BOROUGH PUBLIC SCHOOLS
  • School District County ID: 300200396980
  • Elementary School: BERLIN COMMUNITY E.S. (CAMDEN NJ)
  • ElementarySchoolSource: Listing Agent
  • Middle Or Junior School: BERLIN COMMUNITY SCHOOL (CAMDEN NJ)
  • MiddleSchoolSource: Listing Agent
  • High School: EASTERN H.S. (CAMDEN NJ)
  • HighSchoolSource: Listing Agent
  • County: CAMDEN
  • MLS Area: Berlin Boro (20405)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2025
  • Tax Assessed Value: $263,200
  • Year Assessed: 2025
  • County Tax: $0
  • Improvement Assessed Value: $188,300
  • Land Assessed Value: $74,900
  • Land Use Code: 0
  • Zoning: R-1
  • Tax Lot: 00003
  • School Tax: $0
  • Tax Page Number: 592
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Owner Pays: Water, Sewer
  • Rent Control: No
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 1
  • Two Bedroom Units Count: 2
  • Three Bedroom Units Count: 0
  • Other Units: Unit 1,Unit 1,Unit 1
  • Units Leased Count: 2
  • Number Of Units Vacant: 1
  • Number Of Units Month To Month: 2
  • Rent Control: No
Multi Family
Unit 1
  • Type: Unit 1
  • Unit Type Occupied YN: No
  • Unit Type Lease Type: Month to Month
  • Beds Total: 2
  • Full Baths Count: 1
Unit 2
  • Type: Unit 1
  • Unit Type Occupied YN: No
  • Unit Type Lease Type: Month to Month
  • Beds Total: 2
  • Full Baths Count: 1
Unit 3
  • Type: Unit 1
  • Unit Type Occupied YN: No
  • Unit Type Lease Type: None
  • Beds Total: 1
  • Full Baths Count: 1
Financial Information
Expenses
  • Operating Expense: $9,138
  • Insurance Expense: $2,376
  • Other Expense: $2,349
Financial Information
  • Gross Scheduled Income: $46,800
  • Net Operating Income: $32,937
  • Annual Rental Income: $46,800
  • Income Includes: Apartment Rentals
  • Cap Rate: 6.30
  • Existing Lease Type: Month to Month
Building Info
Building Info
  • Building Units Total: 3
  • Total Finished SQFT: 2,447.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Estimated
  • Lot Size Dimensions: 99 x 400
  • Lot Dimensions Source: Estimated
  • Lot Features: Front Yard
  • Parcel ID: 1779283
  • Additional Parcels: No
Parking
Parking
  • Type Of Parking: Driveway
  • Driveway - # of Spaces: 6
Interior Features
Interior Features
  • Interior Features: Ceiling Fan(s)
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Wall Unit
  • Cooling Fuel: Electric
  • Heating Type: Radiator
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: NEXUS Association of Realtors

Property History for 153 New Freedom Road

DateEvent & SourcePriceAppreciation
May 17, 2026

Listed (Active)

BRIGHT #NJCD2117316

$525,000—
Apr 5, 2017

Closed (Public Record)

Public Record #596562387

$280,000—
Jun 24, 2013

Withdrawn

BRIGHT #1009617416

$375,000—
DateEvent & SourcePrice
05/17/2026

Listed (Active)

BRIGHT #NJCD2117316

$525,000
04/05/2017

Closed (Public Record)

Public Record #596562387

$280,000
06/24/2013

Withdrawn

BRIGHT #1009617416

$375,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 153 New Freedom Road

Taxable ValueLand$74,900Additions$188,300Total$263,200
Tax Record2024$8,978 ($748 / month)
Home Facts
Beds0Total Finished SqFt2,447 SqFtAbove Grade Finished SqFt2,447 SqFtStories2Lot Size39,600 SqFtStyleSingle Family ResidenceYear Built1950ZoningR-1CountyCAMDENAPN05 02100-0000-00003

Schools near 153 New Freedom Road

This home is within Berlin Borough School District.
Rating
School
Type
Grades
Distance
Berlin Community Elementary School
Public - PK to 8
Eastern High School
Public - 9 to 12
Rating
School
Distance
Berlin Community Elementary School
PublicPK to 8

Eastern High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 153 New Freedom Road, Berlin, NJ 08009

153 New Freedom Road is a multi-family home for sale in Berlin, NJ 08009. This property was listed for sale on May 17, 2026 by LPT Realty, LLC, it's currently listed at $525,000. It has been on the market for a total of 22 days and was last sold on April 5, 2017. This listing's school districts are Eastern Camden County Regional School District, Berlin Borough School District. Nearby schools include Berlin Community Elementary School and Eastern High School. 153 New Freedom Road is a 5-bed, 3-bath, 2,447 sqft multi-family home built in 1950.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of LPT Realty, LLC

Based on information from one of the following Multiple Listing Services: BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.