112 S Broadway Gloucester City, NJ ^$ 220,000

112 S Broadway

^$ 220,000

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112 S Broadway

Gloucester City, NJ, 08030

^$ 220,000

Studio Baths0.0 Sq 1,581

Monthly Estimate*

^$ 1,462

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Studio

Commercial Property for sale in Gloucester City, NJ

for $220,000. This 1,581 square foot building was built in 1920 on a lot size of 0.04.

Calling all investors! This mixed-use property in Gloucester City is now available! Fully leased and boasting potential value-add, this property is perfect for expanding your portfolio or diving into your first investment venture. The first-floor commercial storefront is freshly leased on a long-term 3-year agreement until 3/28/27, currently yielding $900/month with a built-in 5% annual rent escalation. Upstairs, a spacious 1-bedroom apartment awaits, currently leased at $1,175/month until 8/31/24. Major renovations were completed within the past 2 years, including a new roof, HVAC system, and interior upgrades, ensure a hassle-free investment experience. Serious inquiries only, call now for further details and secure your piece of this lucrative investment opportunity!

Commercial Active

Price

^$ 220,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 4,093

Style

Apartment Building,/General Retail

Lot Size

0.04

Year Built

1920

Town/City

Gloucester City

County/Region

Camden

MLS | Web ID

NJCD2067892

Features

Interior

Heating Fuel Natural Gas

Hot Water Natural Gas

Heating Y/N Y

Central Air Y/N N

General

Sewer Public Sewer

Heating Central

Cooling None

Possession Immediate

Zoning COMMERCIAL

Construction Materials Frame

Year Built 1920

Property SubType Mixed Use

Tax Year 2023

Percent Ownership Fee Simple

Cool Fuel None

Municipality GLOUCESTER CITY

Business Type Apartment Building Other/General Retail

Accessibility 2+ Access Exits 32 + wide Doors

County CAMDEN

New Construction N

Property Type Commercial Sale

Water Access Y/N N

Status ACTIVE

Directions Between Cumberland St & Market St.

City GLOUCESTER CITY

Buyer Agent Compensation 2.5

Total Units 0

MLS Area Gloucester City (20414)

Lot Size Square Feet 1581.00

Waterfront Y/N N

Street Name BROADWAY

Tax Annual Amount 4093.0

Price Per Sq Ft 139.15

Acceptable Financing Cash Private Conventional

Vacation Rental Y/N N

Days on Market 2

Standard Status Active

Year Built Source Estimated

Tax Lot 00007

Buyer Agent Compensation Type % Of Gross

Exterior

Water Source Public

Type of Parking On Street

Water View Y/N N

Building Area Total 1581.00

Lot Dimensions 20.00 x 79.00

Lot Size Acres 0.04

Lot Size Units Square Feet

Lot Size Source Assessor

Land Assessed Value 18000.00

Navigable Water Y/N N

Water Oriented Y/N N

Internal Only

Street Number 1 112

* Excluded Features

List By

Exp Realty, Llc

Broker

expertsalesteamofexp@gmail.com

Affordability Calculator

$1,803

Per Month

Monthly Principal & Interest: $1,462
Monthly Property Taxes: $341
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Gloucester City, NJ

Average List Price ^$324,800

Percent of Sale Price 48%

About Gloucester City, NJ

10,854 Population

-6% Since 2002

^$49,576 Median Income

37.48 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2136830 Elementary School

2137124 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/6/2024	$220,000		Listed Price

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112 S Broadway, Gloucester City, NJ, 08030 is a Commercial Property for sale at $220,000 with 1,581 sqft and a lot size of 0.04. 112 S Broadway is a studio with 0.0 baths and was built in 1920. The property's zip code is 08030 which is in Gloucester City, NJ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BrightMLS Broker Reciprocity^SM program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Weichert, Realtors® participates, and is provided by BrightMLS through a licensing agreement.

Real estate listings held by brokerage firms other than Weichert, Realtors® are marked with the Broker Reciprocity icon (a little black house) and detailed information about each listing includes the name of the listing broker.

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112 S Broadway

Commercial Property for sale in Gloucester City, NJ

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