Listed By:
EXP Realty, LLC
Address
88 - 90 Hanover Street, Pemberton, NJ
Price
$ 430,000
Property Attributes
  • MLS#NJBL2063102
  • TypeMulti-Family
  • CountyBURLINGTON
  • CityPemberton
  • AreaPemberton Boro
  • Zip08068
  • StyleA-Frame,Colonial
  • Year Built1787
  • Taxes$ 4977
  • Price$ 430,000
  • Bedrooms3
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.05 Acres
Data Source:
Bright MLS
Property Description

Combining historic charm with modern, practical business features, this five-unit prime investment opportunity in the heart of Pemberton Borough offers a diverse income stream. The buildings convenient location ensures high visibility and foot traffic for the two commercial units. Three residential units provide comfortable living spaces for tenants. A spacious, ground-level storage/maintenance area leads to a basement with individual gas and electric meters for each unit. An astute investor may wish to explore converting the two large attic/storage units into a sixth residential apartment. Imagination, vision for the future, and strategic renovations will capitalize on Pemberton Boroughs growing market and promising investment returns. Call The Punzi Team today to schedule your appointment for a private tour of the building and the opportunity to own a lucrative piece of real estate.

Elementary School Middle School High School
Pemberton Borough E.S. Helen A. Fort M.S. Pemberton Twp. H.S.
Price History
4/12/2024 Listed $430,000

General Features

Sewer Public Sewer
Heating Forced Air,Baseboard - Hot Water
Cooling Window Unit(s)
Utilities Natural Gas Available,Electric Available
Possession Settlement
Roof Shingle,Slate
Zoning COMMERICAL
Pool Y/N No Pool
Architectural Style A-Frame,Colonial
Construction Materials Frame,Brick
Year Built 1787
Electric 100 Amp Service
Property SubType Other
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric,Natural Gas
Accessibility None
County BURLINGTON
New Construction No
Property Type Multi-Family
Garage Y/N No
Water Access Y/N No
Other Structures Above Grade,Below Grade
Status ACTIVE
Directions Please use GPS
ModificationTimestamp 2024-04-19T19:55:00
City PEMBERTON
Buyer Agent Compensation 2.5
Disclosures Prop Disclosure
Total Units 4
MLS Area Pemberton Boro (20328)
Lot Size Square Feet 2330.00
Tax Assessed Value 191900.0
Waterfront Y/N No
Number of Units Leased 2
Street Name HANOVER
Tax Annual Amount 4977.0
Home Warranty Y/N No
Property Condition Very Good
Structure Type Over Storefront
Single Room Units Count 2
One Bedroom Units Count 3
Price Per Sq Ft 71.67
Acceptable Financing Cash,Conventional,FHA
Historic Y/N Yes
Rent Control Y/N No
Vacation Rental Y/N No
Virtual Tour https://youtu.be/WnKNAsHDKq0
Total SQFT 6000
Days on Market 19
Standard Status Active
Year Built Source Estimated
Tax Lot 00019
Buyer Agent Compensation Type % Of Gross
Association Recreation Fee No

Interior Features

Heating Fuel Natural Gas
Basement Poured Concrete,Unfinished
Hot Water Natural Gas,Electric
Total Stories 3
Basement (Y/N) Yes
Heating Y/N Yes
Fireplace Y/N No
Street Suffix STREET
Central Air Y/N No
LivingAreaSource Estimated

Exterior Features

Water Source Public
Type of Parking On Street
Foundation Details Brick/Mortar,Block
Spa No
Water View Y/N No
Lot Dimensions 44.00 x 53.00
Lot Size Acres 0.05
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 12500.00
Navigable Water Y/N No
Water Oriented Y/N No
LotDimensionsSource Assessor

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 08068

Price
AVG $430K
$430K
Taxes
AVG $4,977
$4,977
Visits
AVG 120
123
Data Provided by Inside Real Estate®
Year Built
AVG 1787
1787