20 JULIUSTOWN RD new to site

Browns Mills,NJ 08015

$ 389000

- Bed

- Bath

0 SqFt


Key Details

Property Type Single Family Home, Multi-Family

Sub Type Twin/Semi-Detached

Listing Status Active

Purchase Type For Sale

MLS Listing ID NJBL2076642

Style Side-by-Side,Straight Thru

Originating Board BRIGHT

Year Built 1960

Annual Tax Amount $5,798

Tax Year 2024

Lot Size 3,149 Sqft

Acres 0.07

Lot Dimensions 30.00 x 105.00

Property Description

Excellent opportunity to add to your portfolio with this 4 unit mixed use building located on main corridor in Browns Mills, close to Lakehurst Rd. and Trenton Ave.. The building features 2 commercial units on the 1st floor and 2 apartments on 2nd floor. The downstairs commercial space is leased out by a spa on a yearly basis and occupies both units the spa has been a tenant for years. There are two apartments upstairs with long term tenants and excellent rental history. The total income of the property is $45,600 per year, the P&L is located in documents. Rental rates are below market value with a good deal of upside. The rear of the property has a decent sized parking area for tenants and customers.
There is an egress to Market Street from the rear of the property and access to public parking if needed. The adjacent properties are a convenience store, restaurant and residential properties.

Location

State NJ

County Burlington

Area Pemberton Twp (20329)

Zoning MIXED

Interior

Hot Water Electric

Cooling Central A/C,Window Unit(s)

Fireplace N

Heat Source Natural Gas

Exterior

Waterfront N

Water Access N

Accessibility None

Garage N

Building

Foundation Concrete Perimeter

Sewer Private Sewer

Water Public

Architectural Style Side-by-Side,Straight Thru

Additional Building Above Grade,Below Grade

New Construction N

Schools

School District Pemberton Township Schools

Others

Tax ID 29-00554-00011 06

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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