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Mansion from 1850s

454 High Street, Burlington, , 08016 Dated Posted: August 15, 2017

$515,900

Circa 1850

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About This Old House

1850’s Greek revival building. Originally a residential mansion, now a commercial, mixed-use property. Professionally and lovingly restored, from 2004-2008. On the first floor, there are 4 offices (one occupied by the owner, and 2 rented long term by professional practitioners), a conference room, a waiting room, admin room, 3 powder rooms, and a laundry room. The owner might consider a short-term lease.

On the second floor, 3 one-bedroom apartments, all renovated and updated, rented to long-term highly responsible tenants.

New roof (2008). Amperage 225 amp, 3 phase,208/120. Large plot (over 11,000 sq.ft.) with a parking lot for more than a dozen vehicles in the rear. New sidewalks surrounding the building.

Some additional notable features include:
Original decorative plaster molding on the ceiling of the largest office, with a 10.5’ ceiling
Areas of original yellow pine floor, variable width planks.
Areas of original clapboard inside, which was the outside wall of the side porch, which was later enclosed,
Exposed brick walls, one of which was an outside wall, another shows old beams and gas lines, exposing the history of the building,
Surrounding the windows outside are original Greek key lintels and cast iron drip caps,
Across the street is a sister building, with the same features, some more intact (original windows, which were floor-to-ceiling.)
Architectural drawings are available, showing features and square footage.

There is a large undeveloped space on the third floor. This could be used to make 2 existing apartments into loft spaces with additional room for tenants; these would become high-end apartments. The basement has a dirt floor and is a very ample storage space which could be improved with the addition of cement flooring. One portion has been dug out for this purpose.

Burlington, NJ is a small town of 10,000 on the Delaware River and is experiencing a renaissance, very similar to Asbury Park in North Jersey. The Smith Group, responsible for the resurgence of Asbury Park, has invested heavily in Burlington.

Burlington is a commuter’s dream, being less than 30 minutes from Princeton, 90 minutes from New York, and about 40 minutes from Philadelphia. For summer recreation, New Jersey beaches can be reached in under 90 minutes.

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