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Updated Two-Unit Multifamily
For Sale
$359,000
Pending

1017 HIGH STREET, Burlington, NJ 08016

Two fully updated units offer rental income with a roof replacement completed in 2022.

Property Size2,882 SF
Days on Market56

Property Features for 1017 HIGH STREET

General Information

Standard status Pending
Size 2,882 SF
Property subtype Duplex
Occupancy 50%

Additional Details

Multifamily Units 2

Building Details

Year Built 1840
Listing Agency: HomeSmart First Advantage Realty
Listed By: Emily W Stewart · License #0896117
Source: Cummingsrealtors
Added: Jul 14 Changed: Sep 2 Last Checked: Sep 1 at 6:25PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of HomeSmart First Advantage Realty

Investment Insights

Based on property information with market context.

This is a two-unit multifamily property with a front unit arranged over three levels and a back unit arranged over two levels. The front unit includes four bedrooms, one full bath, and two half baths, and is currently rented. The back unit includes two bedrooms and one bath and is currently vacant. Both units have been completely updated, and a new roof was installed in 2022.

The property is located east of Route 130 on the border of Burlington Township. It is close to major shopping including Target, Home Depot, ShopRite, and Starbucks.

The configuration provides separate living spaces within a two-family structure, supported by recent updates to both units.

Key Highlights

  • Two‑family property built in 1840 with two fully updated units
  • Front unit: 3 levels with 4 bedrooms, 1 full bath, and 2 half baths; currently rented for $2,325/month
  • Back unit: 2 bedrooms and 1 bath; currently vacant (previously rented for $1,575/month)

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage Carpet & Flooring Store Storage Facility Acupuncture Skin Care Clinic Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
50%
Occupancy

Location Intelligence

Trade Area within ½ mile

416
Businesses Nearby

Demographics for 08016, NJ

34,617
Population
13,842
Households
2.5
Avg Household Size
41
Median Age
34%
College-Educated
92%
High-School Grad
21.6 sq mi
ZIP Area
1,603
Density / Sq Mi
$92,560
Median Household Income
$49,919
Median Earnings
$1,343
Median Rent
$308,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two fully updated units offer rental income with a roof replacement completed in 2022.
Where is this duplex located?
The property is located at 1017 HIGH STREET Burlington, NJ.
What is the asking price?
The asking price for this property is $359,000.
What are key features of this property?
This property features: Two‑family property built in 1840 with two fully updated units; Front unit: 3 levels with 4 bedrooms, 1 full bath, and 2 half baths; currently rented for $2,325/month; Back unit: 2 bedrooms and 1 bath; currently vacant (previously rented for $1,575/month)
More about this property
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