Nine-Unit Mixed-Use
200 E BROAD ST, Burlington, NJ 08016
For Sale
New
Contact for pricing
The three-story property contains eight apartments and one commercial unit.
Property Size6,684 SF
Lot Size0.40 Acres
Price / SF$190.75
Days on Market4
Property Features for 200 E BROAD ST
General Information
Standard status
Size
Lot size
Property subtype
Occupancy
Site & Location
Highway Access
Road Access
Public Transit
Utilities to Site
Units
Unit Mix
Multifamily Units
Additional Details
Tenant in Place
Building Details
Year Built
Year Renovated
Buildings
Stories
Tenancy
Listing Agency:
GREA
Listed By:
Ken Wellar · License #PA 10401252368
Source:
Crexi
Added: Nov 6
Changed: Nov 8
Last Checked: Nov 8 at 3:36PM
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 GREA
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Investment Insights
Based on property information with market context.
At 200 East Broad Street in Burlington, this three-story mixed-use building contains 6,684 square feet on a 0.40-acre lot. Its nine units comprise eight apartments—one studio, four one-bedroom units and three two-bedroom units—and one commercial space. Built in 1870 and renovated in 2006, the property is currently 100% occupied. Residential tenants pay water and electric utilities, and all eight residential leases expire on staggered dates from January through October 2027.
The building is on East Broad Street in downtown Burlington, 0.3 miles from Burlington Towne Centre Station on NJ TRANSIT’s River LINE. U.S. Route 130 is 0.6 miles away, the Burlington-Bristol Bridge is 1.2 miles away, Interstate 295 is 3.4 miles away, and the New Jersey Turnpike is 4.4 miles away. Downtown shops, cafes, restaurants and services, as well as the Delaware River waterfront, are nearby.
The building is on East Broad Street in downtown Burlington, 0.3 miles from Burlington Towne Centre Station on NJ TRANSIT’s River LINE. U.S. Route 130 is 0.6 miles away, the Burlington-Bristol Bridge is 1.2 miles away, Interstate 295 is 3.4 miles away, and the New Jersey Turnpike is 4.4 miles away. Downtown shops, cafes, restaurants and services, as well as the Delaware River waterfront, are nearby.
Key Highlights
- Nine units: eight apartments and one commercial space
- 6,684‑square‑foot building on a 0.40‑acre lot
- Apartment mix: one studio, four one‑bedroom units and three two‑bedroom units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$87,545
Cap Rate
6.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,750,900
$1.8M
Cap Rate 7%
$1,250,643
$1.3M
Cap Rate 9%
$972,722
$972.7K
Market Conditions
NOI Build-Up for 6,684 SF
Gross rent
$168.4K $25.20/SF
− Vacancy
−$9.3K −$1.39/SF
EGI
$159.2K $23.81/SF
− OpEx
−$71.6K −$10.72/SF
NOI
$87.5K $13.10/SF
Area
Burlington County, NJ
Vacancy
5.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,750,900
Cap Rate 7%
$1,250,643
Cap Rate 9%
$972,722
Alternative Uses
Best Use
Apartment 5plus
$1.25M
$1.09M – $1.46M
NOI $87,545 @ 7.0% cap · market cap 6.87%
Second Best
Mixed Use
$810.1K
$708.9K – $945.2K
NOI $56,709 @ 7.0% cap · market cap 4.45%
Theoretical Best
Retail
$1.43M
$1.25M – $1.67M
NOI $99,953 @ 7.0% cap · market cap 7.84%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
8
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
849
Businesses Nearby
Explore this area
Business Placement
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
$308,000
Median Home Value
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Market
Average Price Trend$/SF for Mixed-use properties in Burlington County, NJ
Properties on Market for Mixed-use properties in Burlington County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - The three-story property contains eight apartments and one commercial unit.
Where is this mixed-use property located?
The property is located at 200 E BROAD ST Burlington, NJ.
What is the asking price?
The asking price for this property is $1,275,000.
What are key features of this property?
This property features: Nine units: eight apartments and one commercial space; 6,684‑square‑foot building on a 0.40‑acre lot; Apartment mix: one studio, four one‑bedroom units and three two‑bedroom units
