Southern New Jersey and Surrounding Areas

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204 Atlantic Street
Bridgeton, NJ 08302
MLS# NJCB2007940 ID: 77307652
$545,000
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Property Description
Traditional, Detached - BRIDGETON, NJ 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 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#NJCB2007770 Annual Operating Income & Expense is attached and Net Income is $55,045:
Property Features
Status
Days On Market 238 days
Last Updated March 21, 2023
Market Status Available
Description
Property Type Multi Family
Year Built 1900
Approx. Lot Size .39 Acres
Building Features
Basement
Heating System Baseboard; Hot Water
Exterior Features
Exterior Construction Wood Siding
Legal/Financial
Taxes 17163
Listing Features
Property Type MultiFamily; Single Family Detached
Other Features
BRIDGETON PUBLIC SCHOOLS,BRIDGETON
BRIDGETON,BRIDGETON PUBLIC SCHOOLS
Offered By:
Jennifer Rothenberger
COMPASS - Moorestown

Data Provided by Bright MLS

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