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Approved Apartment Community Development

402 Fountain Avenue, Burlington Township, NJ 08016

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Approved apartment community development with 141 residential units.

Property Size12 SF
Lot Size12.00 Acres
Days on Market287

Property Features for 402 Fountain Avenue

General Information

Standard status Active
Size 12 SF
Lot size 12.00 Acres
Property subtype Land
Listed By: Matt Weilheimer
Source: Kislakrealty
Added: Jan 27 Changed: Nov 8 Last Checked: Nov 8 at 5:05AM

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 Matt Weilheimer

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Investment Insights

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Spectrum Way at Burlington is a fully approved apartment community development consisting of 141 residential units. The property will feature four three-story walk-up buildings. The unit mix includes 29 affordable units and 112 market-rate units. All units will include balconies. Community amenities include a lounge/game room, gym, conference room, co-work space, garage parking, and EV charging stations. Located near the historic downtown district, the area offers a blend of small-town atmosphere and modern conveniences. The location provides easy access to major roadways, offering convenience for commuters. Lush green spaces, including the Delaware River, provide a tranquil retreat. The property size is 12.

Key Highlights

  • Fully approved apartment community featuring 141 residential units.
  • Located near the historic downtown district, offering a blend of small‑town atmosphere and modern conveniences.
  • Offers 29 affordable units and 112 market rate units.

Property Analytics

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Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Big Box & Wholesale Store Storage Facility Hotel & Motel

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

Location Intelligence

Trade Area within ½ mile

89
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Approved apartment community development with 141 residential units.
Where is this residential land & home lot located?
The property is located at 402 Fountain Avenue Burlington Township, NJ.
What are key features of this property?
This property features: Fully approved apartment community featuring 141 residential units.; Located near the historic downtown district, offering a blend of small‑town atmosphere and modern conveniences.; Offers 29 affordable units and 112 market rate units.
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