569 MORTON AVE, Bridgeton, NJ 08302 – NJCB2021534 - Joseph Lam

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Joseph Lam

sales@soldbyturnkey.com +1(856) 305-8329

$539,900

Est. payment - /mo

6,000 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 6,000 sqft

Price per Sqft $89

Subdivision None Available

MLS Listing ID NJCB2021534

Style Other

Abv Grd Liv Area 6,000

Originating Board BRIGHT

Year Built 1923

Available Date 2024-12-06

Annual Tax Amount $5,135

Tax Year 2023

Lot Size 0.480 Acres

Acres 0.48

Lot Dimensions 71 x266 irregular

Property Sub-Type Detached

Property 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.

Location

State NJ

County Cumberland

Area Deerfield Twp (20603)

Zoning COMMERCIAL

Interior

Hot Water Natural Gas, Electric

Cooling Ceiling Fan(s), Wall Unit

Heat Source Natural Gas

Exterior

Water Access N

Street Surface Black Top

Accessibility None

Garage N

Building

Lot Description Cleared, Corner, Level, Open

Foundation Block, Brick/Mortar

Sewer On Site Septic

Water Private

Architectural Style Other

Additional Building Above Grade

New Construction N

Schools

High Schools Cumberland Reg

School District Cumberland Regional

Others

Tax ID 03-00046-00009

Ownership Fee Simple

SqFt Source Estimated

Acceptable Financing Conventional, Cash

Listing Terms Conventional, Cash

Financing Conventional,Cash

Special Listing Condition Standard

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Listed by Juli Morella • Weichert Realtors-Mullica Hill

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Joseph Lam

+1(856) 305-8329

Broker Associate | License ID: 0682262

Broker Associate License ID: 0682262

569 MORTON AVE Bridgeton, NJ 08302

Joseph Lam

Key Details

Location

Interior

Exterior

Building

Schools

Others

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569 MORTON AVE