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204 Atlantic Street

BRIDGETON, NJ 08302
  • $545,000
  • STATUS: Active
  • ON SITE: 436 Days
  • ID#: NJCB2007940
UPDATED: 18 min ago
$545,000
  • 0
    BEDS
  • 0.39
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Bridgeton City (20601)
Type:
Multi-Family
Built:
1900
County:
Cumberland
Area:
Bridgeton City (20601)

School Information

High School:
Bridgeton
School District:
Bridgeton Public Schools
School Ratings & Info

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 bathLaundry is available in the basement. Most units are partially furnished. Landlord pays all utilities.Most units are occupied currently and 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. Also listed as a Commercial listing under MLS#NJCB2007186 and as Residential under MLS#NJCB2007770Annual Operating Income & Expense is attached and Net Income is $55,045:

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©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or LoCoMusings | Century 21 Redwood Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-10-02T22:51:00.607.
www.locomusings.com/homes/131159226
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204 Atlantic Street BRIDGETON, NJ 08302

  • Price: $545,000
  • Status: Active
  • On Site: 436 Days
  • Updated: 18 min ago
  • ID#: NJCB2007940
0
Beds
0
Baths
0
½ Baths
0.39
Acres
1900
Built
Neighborhood:
Bridgeton City (20601)
County:
Cumberland
Area:
Bridgeton City (20601)
High School:
Bridgeton
School District:
Bridgeton Public Schools
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 bathLaundry is available in the basement. Most units are partially furnished. Landlord pays all utilities.Most units are occupied currently and 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. Also listed as a Commercial listing under MLS#NJCB2007186 and as Residential under MLS#NJCB2007770Annual Operating Income & Expense is attached and Net Income is $55,045:
Exterior Features

Architectural Style Traditional Construction Materials Wood Siding Garage YN No Parking Types On StreetDriveway Pool No Pool Property Condition Good Riparian Rights YN No Roof Asphalt Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 0 Basement Unfinished Basement YN Yes Cooling None Heating Baseboard - Hot Water Heating YN Yes Single Room Units 13 Three Bedroom Units 0 Two Bedroom Units 0 Units Furnished Some

Property Features

Acceptable Financing CashConventional Accessibility Features None Assessment Year 2021 Central Air YN No Cooling Fuel None Existing Lease Type Yearly Foundation Details Other Heating Fuel Natural Gas Hot Water Natural Gas Municipality Bridgeton City Navigable Water YN N New Construction YN No Number Of Units Total 4 Operating Expense 48154.00 Operating Expense Includes Cable TvInsuranceSnow RemovalTrash Original MLSNumber 801728259544 Owner Pays All UtilitiesCommon Area MaintenanceManagementInsuranceRepairsTaxes - Real Estate Ownership Interest Fee Simple Possession Negotiable Property Sub Type Other Rent Control YN No Sale Type Standard Sewer Public Sewer Structure Design Type Detached Tax Annual Amount 17163.00 Tax Assessment Amount 342100.00 Tax Lot 00028 Total Actual Rent 103200.00 Vacation Rental YN No Water Source Public Zoning Commercial Zoning Description Rooming House

Listing courtesy of Compass New Jersey, Llc: .


©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or LoCoMusings | Century 21 Redwood Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-10-02T22:51:00.607.
 
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