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 building’s 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 Borough’s 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.
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 building's 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 Borough's 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.
BRIGHT MLS #NJBL2063102
Oct 25, 2024
Sold
$280,000
$47/sq ft
Jun 23, 2024
Contingent
—
Jun 3, 2024
Price Changed
$375,000
$63/sq ft
Apr 12, 2024
Listed
$430,000
$72/sq ft
As the MLS and public records start to fill up, we'll list the details here.
Public record
Beds
—
Baths
—
Stories
—
Lot width
44 ft.
Lot depth
53 ft.
Lot size
—
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Multi-Family (2-4 Unit)
County
Burlington County
APN
28-00400-00019
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on May 9, 2024.
Property details
Parking
Parking Information
On Street
Interior
Virtual Tour
Interior Information
Living Area Sq.Ft. Source: Estimated
Basement Information
Basement: Yes
Poured Concrete, Unfinished
Multi Unit Information
# of Single Room Units: 2
# of One Bedroom Units: 3
# of Units Leased: 2
Income Expense List: Annual Ground Rent
Exterior
Property Information
Total Below Grade Sq. Ft.: 0
Historic
Improvement Assessed Value: $179,400
Ownership Interest: Fee Simple
Property Condition: Very Good
Year Built Source: Estimated
Building Information
# of Levels (Total): 3
# of Units (Total): 4
Construction Materials: Frame, Brick
Foundation Details: Brick/Mortar, Block
Other Structures: Above Grade, Below Grade
Roof: Shingle, Slate
Structure Type: Over Storefront
Building Not Winterized
Lot Information
Ground Rent Exists
Ground Rent Years Remaining: 1
Lot Size Dimensions: 44.00 x 53.00
Lot Dimensions Source: Assessor
Tidal Water: No
Land Information
Land Assessed Value: $12,500
Above Grade Information
Finished Sq.Ft.: 6,000
Finished Sq.Ft. Source: Estimated
Below Grade Information
Unfinished Sq.Ft. Source: Assessor
Finished Sq.Ft. Source: Assessor
Financial
Tax Information
Agricultural Tax Due: No
Tax Assessed Value: $191,900
Tax Year: 2023
Tax Annual Amount: $4,977
Assessments Information
Year Assessed: 2023
Rental Information
Rent Control: No
Utilities
Utilities Information
Cooling Type: Window Unit(s)
Cooling Fuel: Electric, Natural Gas
100 Amp Service
Forced Air, Baseboard - Hot Water
Heating Fuel: Natural Gas
Hot Water: Natural Gas, Electric
Sewer Septic: Public Sewer
Natural Gas Available, Electric Available
Water Source: Public
Municipal Trash: Yes
Location
School Information
Elementary School: PEMBERTON BOROUGH E.S.
Middle Or Junior School: HELEN A. FORT M.S.
High School: PEMBERTON TWP. H.S.
School District Name: PEMBERTON TOWNSHIP SCHOOLS
Elementary School Source: Listing Agent
Middle School Source: Listing Agent
High School Source: Listing Agent
School District Source: Listing Agent
Location Information
Directions: Please use GPS
Municipality: PEMBERTON BORO
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (2-4 Unit)
Year Built: —
Year Renovated: —
County: Burlington County
APN: 28-00400-00019
Home facts updated by county records on May 9, 2024
Around this home
Schools
Some nearby schools may not be within this home's attendance zone. Please check the Pemberton Township School District website to verify.
Howard L. Emmons Elementary School
Public K-2 • 0.7mi
Helen A Fort Middle School
Public 7-8 • 0.8mi
4/10
Pemberton Twp High School
Public 9-12 • 1.3mi
4/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Historical weather
Pemberton, NJ • 08068
Average low and high temperatures (°F)
37
23
41
25
59
37
66
45
73
54
83
63
88
68
81
60
79
59
70
46
57
38
43
27
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.8 hours in
June and 4.4 hours in December, placing it below the
U.S. average for solar exposure.
8.8 hrs
4.4 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$340,000 – $412,000
Reach more buyers when you sell with Redfin. Save up to $3,575 in fees.3 minutes to get started.
Get a free, detailed breakdown of how we calculated your estimate.