204 Atlantic Street

BRIDGETON, NJ 08302

  • 0 Bed(s)
  • 0 Bath(s)
  • 0 Sqft
  • 16950
    Sqft(Lot)
$475,000

Description

Discover a rare opportunity with this class a rooming house (current new jersey state license) located in the charming town of bridgeton, nj. built in 1900, the property boasts 13 units within two buildings. it is currently operating at approximately 65% occupancy with current rental agreements in place. this type of asset offers a stable and consistent income stream. the property stands out in today’s market as a hard-to-find asset class, providing a unique blend of historic charm and modern income potential.

the main building is sprinklered with a fire escape exit. eleven out of the thirteen units are in building one. building two has two of the thirteen units with driveway access from the rear street. there is hookup in the basement of building one for a shared laundry room.

outline of floor plan/layout below:

main house - interior rooms with common area entrance
first floor
room 1 - one room, full bath, kitchenette
room 2 - two rooms, full bath, kitchenette

second floor
room 5 - one room, half bath (toilette and sink), small fridge, and microwave
room 6 - one room, sink
room 7 - one room, toilette, sink - vacant
room 8 - one room, sink only
room 9 - one room, toilette, sink

third floor
room 12 - one room, toilette, sink
room 14 - one room, sink

main house - exterior rooms - separate entrances to each unit/room via side porches
room 3 - one room, full bathroom, kitchenette, sink
room 4 - one room, toilette, shower, kitchenette

building two - seperate structure
room 10 - two rooms, full bath, kitchen
room 11 - kitchenette, toilette, shower

  • Property Type

    Multi-Family

  • Subdivision

    'none Available'

  • County

    CUMBERLAND

  • Style

    Traditional

  • AD ID

    46560319

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Property Details

  • Water/Sewer

    • Water Source : Public

    Interior Features

    • Roof : Asphalt
    • Basement Description: Unfinished

    Roofing Information

    • Asphalt

    Heating & Cooling

    • Cooling: None
    • Heating: Baseboard - Hot Water
    • Cooling Fuel: None
    • Heating Fuel: Natural Gas

  • Building Information

    • Year Built: 1900
    • Structure: Detached
    • New Construction: No
    • Total Units: 4
    • Built: 1900
    • Construction Material: Wood Siding
    • Roof: Asphalt
    • Foundation/Basement: Other
    • Architecture: Traditional
    • Pool/Private: No Pool
    • Roof Type: Asphalt

    Pool Information

    • Pool: No Pool

    Utility Features

    • Sewer: Public Sewer

    Water

    • Water Heat: Natural Gas

  • Lot Information

    • Lot Size: 16,950
    • Lot Size (Acres): 0.39
    • Architectural Style: Traditional
    • Main Square Feet: 16,950

    Property Information

    • SQ ft: 0
    • SQ ft (Living Area): 0
    • Total Lot SQ ft: 16,950
    • Subdivision: "NONE AVAILABLE"
    • Financing: Cash,Conventional
    • Total Acreage: 0.39
    • New Construction: No
    • Type: Traditional

  • Listing Information

    • Possession: Settlement
    • Days Of Market: 58

  • Tax Information

    • Annual Tax: $17,361
    • Tax Year: 2023
    • Total Taxes Payment Frequency: Annually

    Possession

    • Settlement

    Assessment Information

    • Taxes Assessment Amount: $342,100

  • Parking Information

    • Parking Type: On Street,Driveway

    Multi-Unit Information

    • Acceptable Financing: Cash,Conventional
    • Roof: Asphalt

    Homeowners Association Information

    • Direction: Route 49 East to (R) onto Atlantic Street in Bridgeton - PIQ on (R)

  • School Information

    • High School: BRIDGETON
    • School District: BRIDGETON PUBLIC SCHOOLS

    Utility Information

    • Water Source: Public
    • Sewer: Public Sewer
    • Cooling Fuel: None
    • Heating Fuel: Natural Gas
    • Hot Water: Natural Gas

    Location Information

    • Direction: Route 49 East to (R) onto Atlantic Street in Bridgeton - PIQ on (R)
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BuyOwner last updated this listing 11/20/2024 @ 10:39

  • MLS: NJCB2019464
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: BRIGHT MLS

is a Other, with 0 bedrooms which is for sale, it has 0 sqft, 16,950 sized lot, and 0 parking. A comparable Other, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of BRIDGETON , in zip code 08302, this CUMBERLAND County Other , it is in the 'NONE AVAILABLE' Subdivision, are nearby neighborhoods.