BURLINGTON, NJ 08016 Burlington, NJ 08016
MULTI_FAMILY - BURLINGTON, NJ
- Added:
- May 18, 2026
- Days on Market:
- 57
- Last Refresh:
- Jul 13 at 4:06 am
Property Features
General Information
- Property type
- Residential Multi Family
- Property subtype
- Townhouse
- Standard status
- Active
- Size
- 2,498 SF
Building Details
- Year built
- 1886
Listing agent Jonathan Benstead License #2296861
Listing office BHHS Fox & Roach Marlton-Voorhees Home Marketing Center NJ (856) 810-5300
Listing date May 18, 2026
Copyright © 2026 Berkshire Hathaway HomeServices Fox & Roach, Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located in downtown Burlington, the property provides convenient access to the River Line and Philadelphia, PA.
The building’s duplex configuration supports two distinct living spaces, each with its own electrical service, while gas is shared via a single meter.
Key Highlights
- 2‑unit multifamily building built in 1886 at 219 E Broad St, Burlington, NJ
- First‑floor unit: 2 bed, 1 bath; currently occupied and rented for $1,750/month
- Second‑floor unit: 3 bed, 2 bath; currently occupied and rented for $2,000/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 |
