[Address not provided], Burlington, NJ 08016 - Photo 1

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$598,000 -$27,000 (-4.32%) Price Reduced

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Commercial Service

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Property Description

Exceptional mixed-use property in the heart of Burlington offering multiple income-producing opportunities. The building features a spacious commercial restaurant on the ground level along with two residential apartments above. The second-floor apartment offers 2 bedrooms and 2 full bathrooms, while the third-floor apartment features 2 bedrooms and 1 full bathroom, providing excellent rental income potential or owner-occupancy options. The commercial space is well-equipped for a restaurant operation with a full commercial kitchen, two large dining areas, two dedicated cashier stations, and two customer restrooms. One of the dining rooms includes its own private side entrance, making it ideal for private events, parties, or a separate dining concept. A full basement provides additional storage and utility space. Conveniently situated adjacent to a large public parking lot, the property offers easy access for customers, tenants, and employees. Located in Burlington's vibrant downtown district, this versatile property presents an outstanding opportunity for investors, restaurateurs, or owner-operators seeking a high-visibility location with multiple revenue streams. Property is fully vacant.

Full Property Details

Full Property Details for MLS# NJBL2116948

General

Price: $598,000
Taxes: $12,687 (2021)
Status: Active
Type: Commercial Service
Source: BrightMLSPhilly
MLS ID: NJBL2116948
Updated: 10/7/2026
Added to Site: 80 day(s) ago

Business

Business Type: Restaurant/Bar

Interior

Flooring: Hardwood, Laminated, Ceramic Tile

Parking

Parking Features: Public
Parking Type: On Street, Parking Lot

Location

Area: Burlington City (20305)
Municipality: BURLINGTON CITY
County: BURLINGTON
Driving Directions: E Broad St to High St. Property is right by the entrance to the public parking lot on High St.
Location Details: Downtown

School Information

High School: Burlington City H.S.

Heating & Cooling

Central air: Yes
Cooling Type: Central A/C
Cooling Fuel: Natural Gas
Heating Type: Central
Heating Fuel: Natural Gas
Water Heater: Natural Gas

Utilities

Sewer: Public Sewer
Water: Public
Utility Description: Multiple Phone Lines, Cable TV Available

Structural Information

Construction: Stone, Brick Front, Cement Siding
Foundation: Brick/Mortar
Roof: Shake
Stories/Levels: 3
Building Size: 5562
Year Built: 1870
Year Built Source: Estimated

Unit Information

# Tenants: Multiple
Other Units: Unit 1, Unit 1, Unit 1, Unit 2, Unit 3

Lot Features

Property View: Street
Lot Size (Acres): 0.08
Lot Size (Sq. Ft.): 3,458
Lot Size Source: Estimated
Zoning: TC-1
Lot Description: Corner, Road Frontage

Financial Considerations

Price Per Sq. Ft.: $107.52
Assessment Year: 2021
Tax w/Assessment: $306,000
Tax Amount: $12,687
Tax Year: 2021

Disclosures and Reports

Ownership: Fee Simple
Exclusions: All personal property
Lot Number: 18

Listed by Avallon Real Estate Group, Christopher J. Avallon

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Listing agent

— MLS# NJBL2116948 —

Christopher J. Avallon

Avallon Real Estate Group

Listing Office Email: chris@avallonre.com

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NMLS#: 1598647

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Schools

Schools serving MLS# NJBL2116948

School District:Burlington City School District

Name	Grades	Distance
Captain James Lawrence Elementary School 315 Barclay Street, Burlington, NJ 08016	K-2	0.3 mi
Wilbur Watts Intermediate School 550 High Street, Burlington, NJ 08016	3-6	0.3 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for MLS# NJBL2116948 Get Price Alerts and Save Property

Date

Details

Price

Change

Source

10/07/2026

Price Reduced

$598,000

-4.32%

MLS

7/20/2026

Listed

$625,000

—

MLS

Get Price Alerts and Save Property

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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MLS# NJBL2116948, Burlington, NJ 08016 (MLS# NJBL2116948) is a Commercial Service property. MLS# NJBL2116948 is currently listed for $598,000 and was received on July 20, 2026. Want to learn more about MLS# NJBL2116948? Do you have questions about finding other Commercial Service real estate for sale in Burlington? You can browse all Burlington real estate or contact a Coldwell Banker agent to request more information.

MLS# NJBL2116948 Burlington, NJ 08016