538 Burlington AveDelanco, NJ 08075

  • Other commercial real estate
  • 0.17 AC
For Sale
$450,000 View listing

Property Details for 538 Burlington Ave

Year built
1910
Construction
FRAME
Lot size
0.17 AC
Zone code
C-2
Property type
Other commercial real estate
APN
09 01204-0000-00006
APU
901204000000006

Description

This exceptional 1,000 sq ft Class A retail property, located at 538 Burlington Ave, Delanco, NJ 08075, presents a unique owner-user opportunity. Built in 1910 and extensively renovated in 2020, this freestanding building boasts a modern kitchen, contemporary design, indoor and outdoor seating, and ample parking (8 spaces) on a 0.17-acre lot. The property is zoned C-2 - Downtown Commercial and benefits from high visibility, situated just two blocks from the Delaware River and over two miles from Route 130 (51,575+ ADT). The strong demographics include 91,152 people within a 3-mile radius, with an average household income of $110,844. Convenient access to Route 295 and the NJ Turnpike provides easy access to the Delaware Valley and Philadelphia. The asking price is $450,000. This turnkey operation is ready for immediate occupancy. The property includes one building, one story, and is situated in Burlington County.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,584,856
    Hospitality
    $1,451,719
    Educational
    $1,207,813
    Medical
    $1,249,352
    Retail
    $1,878,821
538 Burlington Ave, Delanco, New Jersey
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Location Insight

City
Delanco
County
Burlington
State
New Jersey
Latitude
40.0489
Longitude
-74.9571
CBSA code
37980
CBSA name
PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$4,596
$55,900
$77,400
$133,300
-
$55,900
$77,400
$133,300

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