Listed By:
EXP Realty, LLC
Address
88 - 90 Hanover Street, Pemberton, NJ
Price
$ 430,000
Property Attributes
  • MLS#NJBL2062988
  • TypeCommercial
  • CountyBURLINGTON
  • CityPemberton
  • AreaPemberton Boro
  • Zip08068
  • StyleApartment Building,Day Care Facility,Hair Salon an
  • Year Built1787
  • Taxes$ 4977
  • Price$ 430,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage6000
  • Lot Size2,178 SqFt
Data Source:
Bright MLS
Property Description

Combining historic charm with modern, practical business features, this five-unit prime investment opportunity in the heart of Pemberton Borough offers a diverse income stream. The buildings convenient location ensures high visibility and foot traffic for the two commercial units. Three residential units provide comfortable living spaces for tenants. A spacious, ground-level storage/maintenance area leads to a basement with individual gas and electric meters for each unit. An astute investor may wish to explore converting the two large attic/storage units into a sixth residential apartment. Imagination, vision for the future, and strategic renovations will capitalize on Pemberton Boroughs growing market and promising investment returns. Call The Punzi Team today to schedule your appointment for a private tour of the building and the opportunity to own a lucrative piece of real estate.

Price History
4/12/2024 Listed $430,000

General Features

Sewer Public Sewer
Heating Baseboard - Hot Water
Cooling Window Unit(s)
Utilities Natural Gas Available,Electric Available
Possession Settlement
Roof Shingle,Slate
Zoning COMMERICAL
Construction Materials Frame,Brick
Year Built 1787
Electric 100 Amp Service
Property SubType Mixed Use
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Natural Gas
Business Type Apartment Building,Day Care Facility,Hair Salon and Spa,Medical,Religious Facility,Restaurant/Bar,School,Supermarket/Grocery Store,Other,Vet/Kennel
Accessibility 2+ Access Exits
County BURLINGTON
New Construction No
Property Type Commercial Sale
Water Access Y/N No
Status ACTIVE
Directions Corner Hanover and Elizabeth or Use GPS
ModificationTimestamp 2024-04-19T19:55:00
City PEMBERTON
Buyer Agent Compensation 2.5
Disclosures Prop Disclosure
MLS Area Pemberton Boro (20328)
Lot Size Square Feet 2330.00
Tax Assessed Value 191900.0
Waterfront Y/N No
Street Name HANOVER
Tax Annual Amount 4977.0
Acceptable Financing Cash,Other
Historic Y/N Yes
Vacation Rental Y/N No
Virtual Tour https://youtu.be/WnKNAsHDKq0
Days on Market 19
Standard Status Active
Year Built Source Estimated
Tax Lot 00019
Buyer Agent Compensation Type % Of Gross
Association Recreation Fee No

Interior Features

Heating Fuel Natural Gas
Hot Water Natural Gas,Electric
Heating Y/N Yes
Street Suffix STREET
Central Air Y/N No
Total Restrooms 6

Exterior Features

Water Source Public
Type of Parking On Street
Foundation Details Brick/Mortar
Water View Y/N No
Building Area Total 0.00
Lot Dimensions 44.00 x 53.00
Lot Size Acres 0.05
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 12500.00
Navigable Water Y/N No
Water Oriented Y/N No
Fencing Y/N No
LotDimensionsSource Assessor

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 08068

Price
AVG $310K
$430K
Taxes
AVG $5,411
$4,977
Visits
AVG 60
30
Data Provided by Inside Real Estate®
Year Built
AVG 1885
1787

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