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

    1606 Route 130 Burlington, NJ 08016

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $3,950 /Mo

    Fully renovated commercial building with flexible spaces on high-traffic Route 130.

    Lot size:
    0.33 Acres

    Property Features for 1606 Route 130

    General Information

    Standard status
    Active
    Lot size
    0.33 Acres

    Building Details

    Year built
    1950

    We can help!

    Listing Contact
    Anjani D Kumar
    Source: Corcoran

    Listing Agency: ERA CENTRAL REALTY GROUP - BORDENTOWN Listing Agent: Anjani D Kumar

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Renovated Commercial Building on Route 130

    This renovated commercial building is located on Route 130, offering high visibility and easy access. The versatile space includes a total of 8 rooms, suitable for various professional, retail, wellness, or creative uses. The front section is suitable for a storefront, yoga/fitness studio, showroom, or medical/waiting area. Office dimensions are as follows: Office 1 measures 20 x 31, Office 2 measures 12 x 25, Office 3 measures 12 x 15, Office 4 measures 12 x 12, Office 5 measures 12 x 21, Office 6 measures 12 x 15, Office 7 measures 13 x 13, and Office 8 measures 31 x 12. The property is move-in ready and offers multiple flexible rooms. It is suitable for retail, salon, spa, medical office, professional services, fitness studio, and creative workspaces. Options are available to lease the entire building or rent individual office spaces.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Burlington
    County
    Burlington
    State
    New Jersey
    Longitude
    -74.82573
    Latitude
    40.088113

    Nearby Similar for Lease

    • New
      $10,000 /Mo
      9,148 SF

      BURLINGTON, NJ Commercial Lease

      12,000 sqft building for rent in BURLINGTON, NJ.
      437 High St, Burlington, NJ 08016
      View Details
    • $1,500 /Mo
      6,534 SF

      Versatile Office Space in Burlington

      Prime commercial office space for rent in historic Burlington City.
      206 High St, Burlington, NJ 08016
      View Details
    • $2,800 /Mo
      33,977 SF

      Renovated Office Space Available

      Renovated office space with fenced lot and ample parking.
      1505 Rancocas Rd, Burlington, NJ 08016
      View Details
    • $1,400 /Mo
      4,356 SF

      Downtown Burlington Office Space Available

      Office space for lease in historic Burlington City.
      406 High St, Burlington, NJ 08016
      View Details
    • $1.00 SF/Yr

      Retail/Office Space in Burlington, NJ

      Vacant retail/office space available for rent in Burlington, NJ.
      410 High St, Burlington, NJ 08016
      View Details
    • $4,500 /Mo
      1,000 SF

      Retail/Office Building on U.S. 130

      Freestanding retail/office building on U.S. 130 with storage garage.
      2037 S 130, Burlington, NJ 08016
      View Details
    • Contact for pricing
      55,465 SF

      Office and Industrial/Flex Space

      Office and industrial/flex space for lease, divisible, great location.
      450-460 Veterans Dr, Burlington, NJ 08016
      View Details
    • $7 SF/Yr
      20,160 SF

      Industrial/Warehouse Space Near Turnpike

      11,000 SF light industrial/warehouse space available for lease.
      11 Cadillac Rd, Burlington, NJ 08016
      View Details
    • Contact for pricing
      7,000 SF

      ShopRite Anchored Pad Site Available

      Pad site available in high-traffic, grocery-anchored shopping center.
      1817 Mount Holly Rd, Burlington, NJ 08016
      View Details
    • Contact for pricing
      1,250 SF

      Move-in Ready Storefront Opportunity

      Storefront in busy plaza, outfitted for bakery or eatery.
      587 York St, Burlington, NJ 08016
      View Details
    • Contact for pricing
      5,000 SF

      Burlington Office/Flex Space Available

      Office and flex space for lease in Burlington, New Jersey.
      95 Connecticut Dr, Burlington, NJ 08016
      View Details
    • Contact for pricing
      1,705 SF

      Retail Space Near Highway Access

      Retail spaces available near highway and redevelopment area.
      2703 Mount Holly Rd, Burlington, NJ 08016
      View Details

    FAQs

    What type of property is this?
    Retail space - Fully renovated commercial building with flexible spaces on high-traffic Route 130.
    Where is this retail space located?
    The property is located at 1606 Route 130 Burlington, NJ.
    What is the lease rate?
    The lease rate is $3,950 /Mo.
    What are key features of this property?
    This property features: - Prime location with high visibility on Route 130; - Fully renovated and move-in ready condition; - Versatile space suitable for various business types (retail, office, wellness, creative)
    (609) 298-4800
    Request Owner's contact information
    1606 Route 130 Burlington, NJ 08016
    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.
    1606 Route 130
    Burlington, NJ 08016
    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
    1606 Route 130 Burlington, NJ 08016
    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

    We can help!
    Listing Contact
    Anjani D Kumar
    (609) 298-4800
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!