Address
204 Atlantic Street, Bridgeton, NJ
Price
$ 545,000
Property Attributes
- MLS#NJCB2007186
- TypeCommercial
- CountyCUMBERLAND
- CityBridgeton
- AreaBridgeton City
- Zip08302
- Style
- Year Built1900
- Taxes$ 17200
- Price$ 545,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage1
- Lot Size0.39 Acres
Data Source:
Bright MLS
Property Description
INVESTOR ALERT! Commercial Rooming House with 13 units. This property features 13 unique units, an onsite House Manager and recently approve DCA inspection. #1- #4 are efficiencies with kitchenette and full bath (unit #2 is the House Manager Unit) #5, #7, #9 and #12- single room with half bath, also shares common full bath #6, #8 and #14- single room with sink, shares common full bath #11 and #12- detached from main building, efficiency with full bath Laundry is available in the basement. Most units are partially furnished. Landlord pays all utilities. Most units are occupied currently. There are 2 vacant and actively listed for rent by owner, more than half of the units have been update within the last year. While in good condition, with all required inspections passed on the city, state and fire levels, this property will sell As-Is with the Buyer responsible for any required City Certs. Pro Forma is attached. Annual Operating Income & Expense Nets $55045.
| Price History | |
|---|---|
| 6/3/2022 | Listed $620,000 |
| 7/1/2022 | 2% - $610,000 |
| 7/12/2022 | 4% - $590,000 |
| 7/22/2022 | 8% - $545,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Baseboard - Hot Water |
| Cooling | None |
| Possession | Negotiable |
| Roof | Asphalt |
| Zoning | COMMERCIAL |
| Construction Materials | Wood Siding |
| Year Built | 1900 |
| Property SubType | Five Or More Units |
| Tax Year | 2022 |
| Percent Ownership | Fee Simple |
| Cool Fuel | None |
| Business Type | Other |
| Accessibility | None |
| County | CUMBERLAND |
| New Construction | No |
| Property Type | Commercial Sale |
| Possible Use | Apartment Building,Apartments |
| Water Access Y/N | No |
| Property Use | Investment |
| Status | ACTIVE |
| Directions | Located between Fayette and Hampton |
| ModificationTimestamp | 2024-02-21T13:04:56 |
| City | BRIDGETON |
| Buyer Agent Compensation | 2.5 |
| Zoning Description | Rooming House |
| Total Units | 13 |
| MLS Area | Bridgeton City (20601) |
| Lot Size Square Feet | 16950.00 |
| Tax Assessed Value | 342100.0 |
| Waterfront Y/N | No |
| Street Name | ATLANTIC |
| Tax Annual Amount | 17200.0 |
| Property Condition | Good |
| Acceptable Financing | Cash,Conventional |
| Vacation Rental Y/N | No |
| Virtual Tour | https://HomeJab.vr-360-tour.com/e/HqMBgtV18h8/e |
| Days on Market | 687 |
| Standard Status | Active |
| Year Built Source | Estimated |
| Tax Lot | 00028 |
| Buyer Agent Compensation Type | % Of Gross |
Interior Features
| Heating Fuel | Natural Gas |
|---|---|
| Hot Water | Natural Gas |
| Heating Y/N | Yes |
| Street Suffix | STREET |
| Central Air Y/N | No |
Exterior Features
| Water Source | Public |
|---|---|
| Total Parking Spaces | 10 |
| Type of Parking | On Street,Driveway |
| Water View Y/N | No |
| Building Area Total | 0.00 |
| Lot Dimensions | 75.00 x 226.00 |
| Lot Size Acres | 0.39 |
| Lot Size Units | Square Feet |
| Lot Size Source | Assessor |
| Land Assessed Value | 6100.00 |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
| Fencing Y/N | No |
| LotDimensionsSource | Assessor |
| Car Parking Spaces | 10 |
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 08302
Price
Taxes
Visits
Year Built
Walkscore
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