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.
For sale
Price cut: $16.7K (6/11)
$398,888
219 E Broad St, Burlington, NJ 08016
5beds
--baths
2,498sqft
Townhouse
Built in 1886
-- sqft lot
$397,400 Zestimate®
$160/sqft
$-- HOA
What's special
- 56 days |
- 200 |
- 7 |
Zillow last checked:
Listing updated:
Listed by:
Jon Benstead 856-613-8003,
BHHS Fox & Roach-Marlton
Source: Bright MLS,MLS#: NJBL2112274
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
Basement
- Area: 0
Heating
- Baseboard, Natural Gas
Cooling
- Window Unit(s)
Appliances
- Included: Gas Water Heater
Features
- Has fireplace: No
Interior area
- Total structure area: 2,498
- Total interior livable area: 2,498 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 2,200 Square Feet
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 050013100045
- Zoning: MULTIFAMILY
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Townhouse
Materials
- Brick
- Foundation: Block
Condition
- New construction: No
- Year built: 1886
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Burlington
- Municipality: BURLINGTON CITY
Financial & listing details
- Price per square foot: $160/sqft
- Tax assessed value: $110,000
- Annual tax amount: $4,885
- Date on market: 5/18/2026
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
Estimated market value
Zestimate®
$397,400
Estimated sales range
$378,000 - $417,000
Rent Zestimate®
$1,773/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/11/2026 | Price change | $398,888-4%$160/sqft |
Source: | ||
| 5/18/2026 | Listed for sale | $415,555-16%$166/sqft |
Source: | ||
| 5/31/2025 | Listing removed | $495,000$198/sqft |
Source: | ||
| 1/10/2025 | Listed for sale | $495,000+0.2%$198/sqft |
Source: | ||
| 11/8/2024 | Listing removed | $494,000$198/sqft |
Source: | ||
| 10/30/2024 | Price change | $494,000-0.2%$198/sqft |
Source: | ||
| 7/11/2024 | Listed for sale | $495,000+86.8%$198/sqft |
Source: | ||
| 10/1/2018 | Listing removed | $1,695$1/sqft |
Source: RE/MAX DIAMOND, REALTORS #1002250816 Report a problem | ||
| 8/29/2018 | Price change | $1,695+13.4%$1/sqft |
Source: RE/MAX DIAMOND, REALTORS #1002250816 Report a problem | ||
| 8/16/2018 | Listed for rent | $1,495$1/sqft |
Source: RE/MAX DIAMOND, REALTORS #1002250816 Report a problem | ||
| 12/4/2010 | Listing removed | $265,000$106/sqft |
Source: ColdwellBankerMoves.com #5782208 Report a problem | ||
| 10/6/2010 | Listed for sale | $265,000+36.6%$106/sqft |
Source: ColdwellBankerMoves.com #5782208 Report a problem | ||
| 4/7/2005 | Sold | $194,000+110.9%$78/sqft |
Source: Public Record Report a problem | ||
| 4/6/1994 | Sold | $92,000$37/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,763 +1.8% | $110,000 |
| 2024 | $4,679 | $110,000 |
| 2023 | -- | $110,000 |
| 2022 | $4,628 +1.5% | $110,000 |
| 2021 | $4,561 +8.7% | $110,000 |
| 2020 | $4,194 +1.7% | $110,000 |
| 2019 | $4,123 +3.2% | $110,000 |
| 2018 | $3,996 +3.9% | $110,000 |
| 2017 | $3,846 +3.7% | $110,000 |
| 2016 | $3,708 -27.7% | $110,000 |
| 2015 | $5,128 +2.7% | $110,000 -30.1% |
| 2014 | $4,993 +20.1% | $157,300 |
| 2012 | $4,157 +5.8% | $157,300 +71.5% |
| 2011 | $3,929 +6.4% | $91,700 |
| 2010 | $3,693 +4.8% | $91,700 |
| 2009 | $3,524 +5.6% | $91,700 |
| 2008 | $3,338 +6.6% | $91,700 |
| 2007 | $3,132 +4.9% | $91,700 |
| 2006 | $2,987 +3.1% | $91,700 |
| 2005 | $2,897 +3.9% | $91,700 |
| 2004 | $2,788 | $91,700 |
| 2003 | -- | $91,700 |
| 2002 | -- | $91,700 |
| 2001 | -- | $91,700 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Principal & interest
$1,547Mortgage insurance
$0Property taxes
$170Home insurance
$105HOA fees
$0Utilities
Not includedAll calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 08016
Nearby schools
GreatSchools rating
- NACaptain James Lawrence Elementary SchoolGrades: K-2Distance: 0.1 mi
- 4/10Burlington City High SchoolGrades: 7-12Distance: 0.6 mi
- 5/10Wilbur Watts Intermediate SchoolGrades: 3-6Distance: 0.4 mi
Schools provided by the listing agent
- District: Burlington City Schools
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- 219 E Broad St
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