666 Madison AveBurlington, NJ 08016

  • Other commercial real estate
  • 2,932 SF
For Sale
$449,900 View listing

Property Details for 666 Madison Ave

Year built
1958
Lot size
0.17 AC
Property size (Sq ft)
2,932 SF
Zone code
R-2
Property type
Other commercial real estate
APN
05 00062-0000-00005
APU
500062000000005

Description

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

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $619,768
    Hospitality
    $567,704
    Educational
    $472,323
    Medical
    $488,567
    Retail
    $734,725
666 Madison Ave, Burlington, New Jersey

Location Insight

City
Burlington
County
Burlington
State
New Jersey
Latitude
40.0692
Longitude
-74.8692
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
$10,097
$80,000
$160,000
$240,000
-
$80,000
$160,000
$240,000

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