569 Morton Avenue

BRIDGETON, NJ 08302

  • 0 Bed(s)
  • 0 Bath(s)
  • 0 Sqft
  • 20909
    Sqft(Lot)
$550,000

Description

Check out this wonderful business opportunity that consist of a commercial store front and four two and three bedroom apartments attached in deerfield twp. the store front consist of 2000 sq ft with bathroom that is currently used as a photography studio. all units have seperate meters and tenants are responsible for their own utilities. there are a few long term tenants w a total of 3 of them on a month to month lease. several units have been updated. electric panels, hot water heaters and storefront hvac have also been upgraded. great parking and fantastic location w/ easy access to rt 55. professional photos coming soon.

mixed-use property: includes a 2,000 sq. ft. commercial storefront and four residential apartments (3 two-bedroom, 1 three-bedroom).
revenue potential: multiple streams of income from residential and commercial tenants.
upgrades: electric panels, hot water heaters, and hvac system for the storefront have been modernized.
utilities: separate meters for all units, so tenants cover their own utilities—lowering landlord expenses.
convenience: fantastic location with easy access to rt 55, offering high visibility and accessibility.
flexibility: three tenants are on month-to-month leases, giving options for rent adjustments or new arrangements.
updated systems: modern septic and well systems ensure fewer maintenance headaches.
this could be ideal for an investor or owner-operator seeking passive income with minimal overhead due to the updates and tenant responsibility for utilities.

  • Property Type

    Multi-Family

  • Subdivision

    None Available

  • County

    CUMBERLAND

  • Style

    Other

  • AD ID

    47859634

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Property Details

  • Water/Sewer

    • Water Source : Private

    Heating & Cooling

    • Cooling: Ceiling Fan(s),Wall Unit
    • Heating: 90% Forced Air
    • Cooling Fuel: Electric
    • Heating Fuel: Natural Gas

  • Building Information

    • Year Built: 1923
    • Structure: Detached
    • New Construction: No
    • Total Units: 1
    • Built: 1923
    • Construction Material: Brick,Combination,Mixed,Vinyl Siding
    • Foundation/Basement: Block,Brick/Mortar
    • Architecture: Other
    • Pool/Private: No Pool

    Pool Information

    • Pool: No Pool

    Utility Features

    • Sewer: On Site Septic

    Water

    • Water Heat: Natural Gas,Electric

  • Lot Information

    • Lot Size: 20,909
    • Dimensions: 71 x266 irregular
    • Lot Size (Acres): 0.48
    • Architectural Style: Other
    • Main Square Feet: 20,909

    Property Information

    • SQ ft: 20,900
    • SQ ft (Living Area): 20,900
    • Total Lot SQ ft: 20,909
    • Subdivision: NONE AVAILABLE
    • Financing: Conventional,Cash
    • Appx. Lot Dimensions: 71 x266 irregular
    • Total Acreage: 0.48
    • New Construction: No
    • Type: Other

  • Listing Information

    • Possession: Negotiable
    • Days Of Market: 0

  • Tax Information

    • Annual Tax: $5,135
    • Tax Year: 2023
    • Total Taxes Payment Frequency: Annually

    Possession

    • Negotiable

    Assessment Information

    • Taxes Assessment Amount: $140,500

  • Parking Information

    • Parking Features: Private,Surface,Unassigned
    • Parking Type: Parking Lot

    Multi-Unit Information

    • Acceptable Financing: Conventional,Cash
    • Road Surface: Black Top

    Homeowners Association Information

    • Direction: Landis ave to Morton Ave PIQ on R

  • School Information

    • High School: CUMBERLAND REG
    • School District: CUMBERLAND REGIONAL

    Utility Information

    • Water Source: Private
    • Sewer: On Site Septic
    • Cooling Fuel: Electric
    • Heating Fuel: Natural Gas
    • Hot Water: Natural Gas,Electric

    Location Information

    • Direction: Landis ave to Morton Ave PIQ on R
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BuyOwner last updated this listing 12/04/2024 @ 13:55

  • MLS: NJCB2021534
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: BRIGHT MLS

is a Other, with 0 bedrooms which is recently sold, it has 0 sqft, 20,909 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.