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Property profile & analytics
FOR SALE
Commercial real estate

666 Madison Ave Burlington, NJ 08016

2,932 SF 0.17 ac lot Built 1958
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US59-0768082
Property summary
AI-generated overview

This exceptional single-story office building, situated at the highly visible corner of Route 130 and Madison Avenue in Burlington, NJ, presents a compelling investment opportunity. Boasting 2,932 square feet on a 0.17-acre lot, this property benefits from its strategic location, experiencing high traffic volume with over 50,000 cars passing daily on Route 130. Constructed in the late 1990s with a recent addition, the building features a durable masonry exterior and a concrete foundation. The interior comprises 14 rooms, thoughtfully designed with accessibility in mind, including a ramp, regular entrance, and handicapped-accessible restrooms. The building is equipped with a single-phase 200-amp electrical system and efficient forced-air gas-fired heating and cooling. The property's zoning allows for a diverse range of uses, including but not limited to: public and private parks and playgrounds

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1958
Total area 2,932 SF
Lot 0.17 ac (7,497 SF)
Zoning code R-2
APN 05 00062-0000-00005
UPID US59-0768082
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
Current use
Occupant on record · Public records
  • B&N roofing Roofing Company General Contractor
  • Dr. Stanley A. Markunas Jr, DO Physician
  • New Brunswick Quick Local Termite Control Animal Shelter Pet Adoption Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Atila & Trusa LLC · 3 yrs held
Atila & Trusa LLC
since 2023
Last sale
$302,000
4 recorded transactions
2023
$302,000
2016
$243,550
2008
Price N/A
1969
Price N/A
Zoning & alternative use
R-2 · Burlington, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

9 Zoning Map. § 207-69.1 Attachments and zoning schedules. § 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 Residentia…

Zone name Suburban Residential Neighborhood District
General category RESIDENTIAL
Zone area 306.67 ac
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