35 Broad StBurlington, NJ 08016

  • Other commercial real estate
  • 8,088 SF
For Sale
$399,700 View listing

Property Details for 35 Broad St

Year built
1940
Lot size
0.10 AC
Property size (Sq ft)
8,088 SF
Zone code
C-1
Property type
Other commercial real estate
APN
05 00135-0000-00030
APU
500135000000030

Description

This exceptional commercial property, located in the heart of Burlington City's historic district, presents a unique investment opportunity. Comprising two parcels, 27 E Broad St and 35 E Broad St, the combined 7,500 square feet offers versatile space ideal for a variety of uses. Approximately 2,500 square feet are currently configured as retail/office space, while a substantial 5,000 square feet is dedicated to warehouse space. The layout allows for flexibility, accommodating a single large tenant or subdivision into smaller commercial units. A significant advantage is the convenient drive-in garage door, perfect for efficient deliveries and loading. The property's rear access provides direct access to a large public parking lot with capacity for 150 vehicles, ensuring ample parking for customers and employees. A full basement provides extensive additional storage space. The property's prime location in the historic district offers high visibility and accessibility. Taxes for 27 E Broad Street are $4,330 annually, in addition to the taxes for 35 E Broad Street. The possibilities are numerous, making this a truly compelling investment in a thriving downtown area. The 0.1-acre lot provides a solid foundation for future growth and development.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,709,582
    Hospitality
    $1,565,968
    Educational
    $1,302,867
    Medical
    $1,347,674
    Retail
    $2,026,682
35 Broad St, Burlington, New Jersey

Location Insight

City
Burlington
County
Burlington
State
New Jersey
Latitude
40.0783
Longitude
-74.8572
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
2023
$14,464
$72,000
$268,000
$340,000
-
$72,000
$268,000
$340,000

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