219 East Broad Street Burlington, NJ 08016
Two-unit property in downtown Burlington with immediate cash flow potential.
- Added:
- Apr 24, 2026
- Days on Market:
- 78
- Last Refresh:
- Jul 5 at 7:07 am
Property Features for 219 East Broad Street
General Information
- Standard status
- Active
- Size
- 2,498 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1886
Listing office BHHS Fox & Roach-Marlton (856) 465-9573
Listing date Apr 24, 2026
Source Compass
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 BHHS Fox & Roach-Marlton
Investment Insights
Based on property information with market context.
Key Highlights
- Strong investment opportunity with immediate cash flow potential.
- Two units generating $3,750 monthly rental income.
- First‑floor unit: 2‑bedroom, 1‑bathroom, rented for $1,750/month.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $54.0k | $21.60 |
| − Vacancy | −$2.8k | −$1.13 |
| EGI | $51.1k | $20.47 |
| − OpEx | −$15.3k | −$6.14 |
| NOI | $35.8k | $14.33 |
