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Property profile & analytics
OFF-MARKET
Estimated value
$560,000
Residential income homes
320 Conrow St Burlington, NJ 08016-1401
Individually Owned
3-yr Hold
Free & Clear
Property ID
US59-1593701
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1962
Lot
3.17 ac (138,285 SF)
Zoning code
R-3
APN
05 00023- 01-00039
UPID
US59-1593701
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$560k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$560k
Owner & transaction history
Mustafa Brkich · 3 yrs held
Mustafa Brkich
since 2022
2 recorded transactions
Zoning & alternative use
R-3 · Burlington, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
. § 207-70 District boundaries. § 207-71 General regulations. § 207-72 OS-1 Open Space District. § 207-73 R-1 Suburban Residential Neighborhood District. § 207-74 R-2 Suburban Residential Neighborhood District. § 207-75 R-3 Suburban Residential Neighborhood District. § 207-76 TRN Traditional Residential Neighborhoods District. § 207-77 TC-1 Town Center Distr…
Zone name
Suburban Residential Neighborhood District
General category
RESIDENTIAL
Zone area
171.19 ac
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Burlington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Burlington submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$560,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$560k
Range $504k – $616k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$102,020
Tax year 2022
Assessed value
$2,425,000
Assessed 2023
Previous assessed
$2,425,000
+0.0% YoY
Effective rate
4.21%
On assessed value
Assessed land
$504,000
Assessed improvement
$1,921,000
Land market value
$504,000
Improvement market value
$1,921,000
Total market value
$2,425,000
Applied tax rate
5.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Year built
1962
Heating
NONE
Stories
2
Units
1
Lot
3.17 ac (138,285 SF)
Zoning code
R-3
APN
05 00023- 01-00039
UPID
US59-1593701
Jurisdiction
BURLINGTON
Metro division
CAMDEN, NJ METROPOLITAN DIVISION
Zoning & alternative use
R-3 · Burlington, NJZoning R-3 · permitted uses
R-3 · Burlington, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
. § 207-70 District boundaries. § 207-71 General regulations. § 207-72 OS-1 Open Space District. § 207-73 R-1 Suburban Residential Neighborhood District. § 207-74 R-2 Suburban Residential Neighborhood District. § 207-75 R-3 Suburban Residential Neighborhood District. § 207-76 TRN Traditional Residential Neighborhoods District. § 207-77 TC-1 Town Center District. § 207-77.1 Arts and Cultural District Overlay (ACD) within TC-1. § 207-78 TC-2
Zone name
Suburban Residential Neighborhood District
General category
RESIDENTIAL
Zone area
171.19 ac
Building & site characteristics
From public records
Year built
1962
Heating
NONE
Stories
2
Units
1
Lot
3.17 ac
Current owner
From public records · entity-resolved
Mustafa Brkich
Individual
Free & Clear · 3 yrs held
Mailing address
1590 JASON DR, CINNAMINSON, NJ 08077-1558
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 27, 2022
—
Mustafa Brkich
Mustafa Brkich
Intrafamily Transfer
related
—
Sep 17, 2007
—
Mustafa Brkich
Brkich,mustafa
Quit Claim Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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