Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    406 HIGH Street Burlington, NJ 08016

    View on Map
    For Lease
    $1,400 /Mo

    CommercialLease - BURLINGTON, NJ

    Type:Office
    Lot size:
    0.10 Acres
    Added:
    Oct 24, 2025
    Days on Market:
    161
    Last Refresh:
    Apr 2 at 7:06 am

    Property Features for 406 HIGH Street

    General Information

    Property type
    Other
    Property subtype
    Office
    Parking
    6
    Parking features
    Parking Lot, On Street
    Standard status
    Active
    Lot size
    0.10 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1880
    Building materials
    Brick Front

    We can help!

    Listing Contact
    Carole Mancini

    Listing agent Carole Mancini License #1004290

    Listing office EXP Realty, LLC 28 Valley Road unit: 1, Montclair, NJ

    Listing date Oct 24, 2025

    MLS# NJBL2098224

    Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Burlington Office Space Available

    Office space is available for lease in downtown Historic Burlington City, offering high visibility. The location provides street parking in front of the property and additional parking in the rear. Situated minutes from the Burlington Bristol Bridge, I-295, the New Jersey Turnpike, the Delaware River Waterfront, rail services, shops, and restaurants, the property benefits from its proximity to various amenities and transportation options. The lot size is 0.1 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Burlington
    County
    Burlington
    State
    New Jersey
    Longitude
    -74.85826
    Latitude
    40.07725

    Nearby Similar for Lease

    • Contact for pricing

      Versatile Office Space in Burlington

      Prime commercial office space in historic Burlington City for rent.
      206 HIGH Street, BURLINGTON, NJ 08016
      View Details
    • Contact for pricing

      BURLINGTON, NJ Commercial Lease

      12,000 sqft building for rent in BURLINGTON, NJ.
      437 HIGH Street, BURLINGTON, NJ 08016
      View Details
    • Contact for pricing

      Renovated Office Space Available

      Renovated office space with parking and convenient transportation access.
      1505 RANCOCAS ROAD, BURLINGTON, NJ 08016
      View Details
    • $7/mo

      Industrial/Warehouse Space Near Turnpike

      11,000 SF light industrial/warehouse space available for lease.
      11 Cadillac Road, Burlington, NJ 08016
      View Details
    • Contact for pricing

      Renovated Commercial Building on Route 130

      Fully renovated commercial building with flexible spaces on high-traffic Route 130.
      1606 Route 130, BURLINGTON, NJ 08016
      View Details
    • $19/mo

      Office Suites in Burlington, NJ

      Two office suites available in Burlington, New Jersey.
      1900 Mount Holly Road Building 2, Burlington, NJ 08016
      View Details
    • Contact for pricing

      Downtown Burlington Office Space Available

      Two-story office building in historic downtown Burlington, NJ for rent.
      505 High St, Burlington, NJ
      View Details
    • Contact for pricing

      Retail/Office Building on U.S. 130

      Freestanding retail/office building on U.S. 130 with storage garage.
      2037 U.S. 130, Burlington, NJ 08016
      View Details
    • Contact for pricing

      Office and Industrial/Flex Space

      Office and industrial/flex space for lease, divisible, great location.
      450-460 Veterans Drive, Burlington, NJ 08016
      View Details
    • Contact for pricing

      Renovated Office Space Available

      Renovated office space with fenced lot and ample parking.
      1505 RANCOCAS Road, BURLINGTON, NJ 08016
      View Details
    • Contact for pricing

      Burlington Warehouse Space Available

      192,402 SF warehouse for lease near major highways.
      1651 River Rd, Burlington, NJ 08016
      View Details
    • Contact for pricing

      Refrigerated Food Processing Facility Available

      152,000 SF refrigerated food processing facility on 17.5 acres.
      700 Railroad Avenue, Florence Township, NJ 08016
      View Details

    FAQs

    What type of property is this?
    Office units - Office space for lease in historic Burlington City.
    Where is this office units located?
    The property is located at 406 HIGH Street Burlington, NJ.
    What is the lease rate?
    The lease rate is $1,400 /Mo.
    What are key features of this property?
    This property features: High visibility location in downtown Historic Burlington City; Convenient access to Burlington Bristol Bridge, I‑295, and NJ Turnpike; Street parking in front and parking lot in the rear
    (609) 238-3843
    We can help!
    Listing Contact
    Carole Mancini
    Real Estate License ID: 1004290
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!