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219 E Broad St, Burlington, NJ, 08016

5beds
--baths
2,498sqft
$388,888
$156price/sqft
$3,076/moest. monthly cost
$123,040/yrincome needed

About This Home

***PRICE REDUCTION - $388,888***This 2-unit multifamily property located at 219 E Broad St, Burlington, NJ is offered at $388,888 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.

Getting Around

85
WalkingVery Walkable
0
TransitVery Limited Transit
58
BikeBikeable

Schools

Construction

Condition

  • Year built: 1886

Materials

  • Foundation: Block
  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Architectural style: Other
  • Property subType: Townhouse

Interior

Appliances

  • Appliances included: Gas Water Heater

Basement

  • Area: 0

Bedrooms & Bathrooms

  • Bedrooms: 5

Heating & Cooling

  • Heating features: Baseboard,Natural Gas
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 2,498
  • Total interior livable area: 2,498 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 050013100045
  • Zoning: MULTIFAMILY
  • Special condition: Standard

Features

  • Pool features: None

Lot

  • Lot size: 2,200 sqft

Parking

  • Parking features: On Street
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Coastal Flooding
    Coastal FloodingRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Ice Storm
    Ice StormModerate
  • Strong Wind
    Strong WindModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Inland Flooding
Winter Weather
Ice Storm
Strong Wind
Tsunami

FEMA Declared Disasters Across New Jersey Counties

Fire
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,966$23,592
Home Insurance *$165$1,980
Property Taxes $670$8,040
Electricity $275$3,304
Total$3,076$36,912
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$105,462/yr
40% on housing$92,280/yr
45% on housing$82,026/yr

New Jersey FAIR Plan Programs

New Jersey Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,029Commercial: 173
Total Premiums$5.54M
Total Exposure$1.19B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.8%
7.8%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: -2.0%
-2.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$156This listing

vs Other Active Listings

Avg $/sqft

ZIP 08016$156
Burlington County$217

vs Homes Sold Last Month

Median $/sqft

ZIP 08016$226
Burlington County$240

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-30Price change$388,888
2026-06-11Price change$398,888
2026-05-18Listed for sale$415,555
2025-05-31Listing removed$495,000
2025-01-10Listed for sale$495,000
2024-11-08Listing removed$494,000
2024-10-30Price change$494,000
2024-07-11Listed for sale$495,000
2018-10-01Listing removed$1,695
2018-08-29Price change$1,695
2018-08-16Listed for rent$1,495
2010-12-04Listing removed$265,000
2010-10-06Listed for sale$265,000
2005-04-07Sold$194,000
1994-04-06Sold$92,000

For Sale by Agent

AgentJon Benstead
BrokerageBHHS Fox & Roach-Marlton

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