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Key Details
Sold Price $280,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID NJBL2062988
Sold Date 10/25/24
Originating Board BRIGHT
Year Built 1787
Annual Tax Amount $4,977
Tax Year 2023
Lot Size 2,330 Sqft
Acres 0.05
Lot Dimensions 44.00 x 53.00
Property Description
Combining historic charm with modern, practical business features, this five-unit prime investment opportunity in the heart of Pemberton Borough offers a diverse income stream. The building’s convenient location ensures high visibility and foot traffic for the two commercial units. Three residential units provide comfortable living spaces for tenants. A spacious, ground-level storage/maintenance area leads to a basement with individual gas and electric meters for each unit. An astute investor may wish to explore converting the two large attic/storage units into a sixth residential apartment.
Imagination, vision for the future, and strategic renovations will capitalize on Pemberton Borough’s growing market and promising investment returns. Call The Punzi Team today to schedule your appointment for a private tour of the building and the opportunity to own a lucrative piece of real estate.
Location
State NJ
County Burlington
Area Pemberton Boro (20328)
Zoning COMMERICAL
Interior
Hot Water Natural Gas, Electric
Heating Baseboard - Hot Water
Cooling Window Unit(s)
Heat Source Natural Gas
Exterior
Utilities Available Natural Gas Available, Electric Available
Waterfront N
Water Access N
Roof Type Shingle,Slate
Accessibility 2+ Access Exits
Garage N
Building
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
New Construction N
Schools
Elementary Schools Pemberton Borough E.S.
Middle Schools Marcus W. Newcomb M.S.
High Schools Helen A Fort
School District Pemberton Township Schools
Others
Tax ID 28-00400-00019
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Other
Listing Terms Cash, Other
Financing Cash,Other
Special Listing Condition Standard
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Bought with Frank M Punzi Jr. • EXP Realty, LLC