Property
Bridgeton, NJ 08302 204 Atlantic Street
$545,000
37 more
Presented By: Compass New Jersey, LLC - Moorestown
SQFT • 1
Home Details
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.
Presented By: Compass New Jersey, LLC - Moorestown
Interior Features for 204 Atlantic Street
Other Interior Features
Central Air Y/NNo
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas
Street SuffixSTREET
General for 204 Atlantic Street
Acceptable FinancingCash, Conventional
AccessibilityNone
Business TypeOther
Buyer Agent Compensation2.5
Buyer Agent Compensation Type% Of Gross
CityBRIDGETON
Construction MaterialsWood Siding
Cool FuelNone
CoolingNone
CountyCUMBERLAND
Days on Market687
DirectionsLocated between Fayette and Hampton
HeatingBaseboard - Hot Water
Lot Size Square Feet16950.00
MLS AreaBridgeton City (20601)
ModificationTimestamp2024-02-21T13:04:56
MunicipalityBRIDGETON CITY
New ConstructionNo
Percent OwnershipFee Simple
PossessionNegotiable
Possible UseApartment Building, Apartments
Property ConditionGood
Property SubTypeFive Or More Units
Property TypeCommercial Sale
Property UseInvestment
RoofAsphalt
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Street NameATLANTIC
Tax Annual Amount17200.0
Tax Assessed Value342100.0
Tax Lot00028
Tax Year2022
Total Units13
Vacation Rental Y/NNo
Virtual TourClick here
Water Access Y/NNo
Waterfront Y/NNo
Year Built1900
Year Built SourceEstimated
ZoningCOMMERCIAL
Zoning DescriptionRooming House
Exterior for 204 Atlantic Street
Building Area Total0.00
Car Parking Spaces10
Fencing Y/NN
Land Assessed Value6100.00
Land Use Code
Lot Dimensions75.00 x 226.00
Lot Size Acres0.39
Lot Size SourceAssessor
Lot Size UnitsSquare Feet
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Total Loading Docks0
Total Parking Spaces10
Type of ParkingOn Street, Driveway
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Additional Details
Price History
YOLANDA CASSIDY-BOGAN
Associate