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    Property profile & analytics

    578 Washington Ave Burlington, NJ 08016-2041

    • Residential income homes
    • 4,064 SF
    • 0.22 lot acres
    OFF-MARKET
    Value Estimation
    $365,000
    Location Intelligence
    Property ID
    US59-3052544
    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.

    Current Use by Public Records

    • Lenepehoking Tree Ex​​​​​​​p​​​​​​​​еr​​​​​​​​​​ts​​​ / Tree Service

    Property Details for 578 Washington Ave

    Year built
    1925
    Lot size
    0.22 lot acres
    Property size
    4,064 SF
    Zone code
    R-2
    Property type
    Residential income homes
    Property subtype
    Small apartment buildings
    APN
    05 00042-0000-00005
    APU
    500042000000005

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $315,000

    • CAP approach

      CAP return
      Estimation
      6%
      $435,000
      6.5%
      $430,000
      7%
      $420,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $445,000
      Geo Method
      $455,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $535,000
      Retail
      $535,000
      Mixed-Use
      $410,000
      Hospitality
      $390,000
      Educational
      $510,000
      Residential Income
      $425,000
      Energy
      $460,000
      Income-Based Land
      $395,000
      Food Service
      $450,000

    Location Insight

    • Map
    • Local Demand
    City
    Burlington
    County
    Burlington
    State
    New Jersey
    Longitude
    -74.8655
    Latitude
    40.0717
    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
    $11,359
    $88,000
    $182,000
    $270,000
    -
    $88,000
    $182,000
    $270,000

    Comparable in this City

    • Value Estimation
      $120,000
      3,300 SF

      230 York St

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,300 SF
      230 York St, Burlington, NJ 08016-1595
      View Details
    • Value Estimation
      $255,000
      3,664 SF

      352 Broad St

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,664 SF
      352 Broad St, Burlington, NJ 08016-1840
      View Details
    • Value Estimation
      $255,000
      3,560 SF

      127 Broad St

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,560 SF
      127 Broad St, Burlington, NJ 08016-1517
      View Details
    • Value Estimation
      $285,000
      3,556 SF

      522 Linden Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,556 SF
      522 Linden Ave, Burlington, NJ 08016-1822
      View Details
    • Value Estimation
      $310,000
      4,459 SF

      454 High St

      APARTMENT HOUSE (UNDER 5 UNITS) • 4,459 SF
      454 High St, Burlington, NJ 08016-4520
      View Details
    • Value Estimation
      $260,000
      3,604 SF

      450 High St

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,604 SF
      450 High St, Burlington, NJ 08016-4528
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

    • $1,650 /Mo

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      Updated 2-bed, 1-bath apartment near shops and transportation.
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      View Details
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      85,390 SF Warehouse; 20,000 SF Available
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    • Contact for pricing
      5,000 SF

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      Office and flex space for lease in Burlington, New Jersey.
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    • Contact for pricing
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      New 294,176 SF distribution facility in booming industrial market.
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    • $10,000 /Mo
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      Burlington Office Building For Rent

      12,000 sqft building available for rent in Burlington, NJ.
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    • $499,000
      3,285 SF

      Turnkey Restaurant Opportunity in Burlington

      Restaurant with recent upgrades, great visibility, and outdoor area.
      210 W Broad St, Burlington, NJ 08016
      View Details
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    578 Washington Ave
    Burlington, NJ 08016-2041
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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