Burlington, NJ 08016
For Sale
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This 2-unit multifamily property located at 219 E Broad St, Burlington, NJ is offered at $398,888 and presents a strong investment opportunity with immediate cash flow potential. The property consists of a first-floor 2-bedroom, 1-bathroom unit that is currently occupied and rented for $1,750 per month, as well as a spacious second-floor 3-bedroom, 2-bathroom unit that is also occupied and rented for $2,000 per month. The building features separate electric utilities for each unit and one shared gas meter for the property. Owner pays taxes, insurance, gas, & water/sewer. Conveniently situated in downtown Burlington City, the location provides easy access to the River Line and Philadelphia, PA. This property is ideal for investors seeking steady rental income or an owner-occupant looking to offset living expenses with rental revenue. County: BURLINGTON MLS Area: Burlington City (20305) School District Name: BURLINGTON CITY SCHOOLS SchoolDistrictSource: Listing Agent School District County ID: 300200397177
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.