6,000 SqFt
6,000 SqFt
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Coming Soon
Purchase Type For Sale
Square Footage 6,000 sqft
Price per Sqft $212
MLS Listing ID NJBL2084780
Year Built 1966
Available Date 2025-07-26
Annual Tax Amount $14,782
Tax Year 2024
Lot Size 4.330 Acres
Acres 4.33
Lot Dimensions 0.00 x 0.00
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
Current ownership has meticulously managed major capital improvements, mitigating future risk for the next investor. The property features a diverse mix of studio, 1, 2, and 3-bedroom units. There is a clear and immediate path to increase cash flow by leasing two vacant units at market rent and raising the significantly under-market rent on the flagship 3-bedroom, 2-bath main house.
With a pro-forma cap rate of 6.19% and its strategic proximity to Joint Base McGuire-Dix-Lakehurst ensuring a consistent tenant pool, this property is a powerful addition to any investment portfolio. Don't miss this chance to acquire a stabilized, cash-flowing asset with tangible upside.
Location
State NJ
County Burlington
Area Pemberton Twp (20329)
Zoning RESIDENTIAL
Interior
Hot Water Natural Gas, Multi-tank, Electric
Heating Baseboard - Electric, Forced Air
Cooling Central A/C, Window Unit(s)
Flooring Laminated, Ceramic Tile, Hardwood
Inclusions All appliances in as-is condition with no monetary value
Heat Source Electric, Natural Gas
Exterior
Garage Spaces 15.0
Utilities Available Natural Gas Available, Electric Available, Cable TV Available, Phone Available, Water Available
Water Access N
View Trees/Woods
Roof Type Architectural Shingle,Flat
Accessibility None
Total Parking Spaces 15
Garage N
Building
Foundation Block
Sewer Private Septic Tank, Septic Exists, Septic = # of BR
Water Public
New Construction N
Schools
School District Pemberton Township Schools
Others
Tax ID 29-00526-00001 01
Ownership Fee Simple
SqFt Source Assessor
Security Features Carbon Monoxide Detector(s),Smoke Detector
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash
Financing Conventional,Cash
Special Listing Condition Standard
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