127 Broad St Burlington, NJ 08016
Property profile & analytics
127 Broad St Burlington, NJ 08016
- Residential income homes
- 3,560 SF
- 0.13 lot acres
Property ID
US59-2460698
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Residential income homes
Property Details for 127 Broad St
- Year built
- 1870
- Lot size
- 0.13 lot acres
- Property size
- 3,560 SF
- Zone code
- C-1
- Property type
- Residential income homes
- Property subtype
- Small apartment buildings
- APN
- 05 00134-0000-00014
- APU
- 500134000000014
Description
This exceptional investment opportunity encompasses two adjacent properties at 127 and 129-131 E Broad Street in Burlington, NJ, totaling six units and offering significant upside. The package includes 127 E Broad Street, a four-unit building featuring four one-bedroom apartments. Each apartment boasts individual heating and hot water systems, with tenants responsible for electricity and gas. The landlord covers water and sewer expenses. Currently, three units are occupied, and one is vacant, providing immediate rental income. The second property, 129-131 E Broad Street, is a completely renovated building currently configured as a large five or six-bedroom house and a small office space. This presents a unique chance to convert the residential portion into additional apartments while maintaining the existing first-floor commercial space. The potential for increased rental income is substantial. The combined properties sit on a 0.19-acre lot. The asking price for this package deal is $600,000. The properties are sold "as is," and the buyer is responsible for all necessary inspections prior to closing, including but not limited to a Certificate of Occupancy inspection and any other required inspections to ensure title transfer. Prospective buyers should independently verify all zoning regulations with the Burlington City Zoning Officer to confirm the feasibility of any planned conversions or additions. This is a rare chance to acquire a multi-family property with immediate cash flow and significant future development potential.
Value Estimations
based on Realmo’s proprietary methodology
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Burlington
- County
- Burlington
- State
- New Jersey
- Longitude
- -74.8557
- Latitude
- 40.0785
- 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
$9,260
$68,100
$152,000
$220,100
-
$68,100
$152,000
$220,100
