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Key Details
Sold Price $240,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,168 sqft
Price per Sqft $110
Subdivision None Available
MLS Listing ID NJGL2014064
Sold Date 05/31/22
Style Colonial,Modular/Pre-Fabricated
Bedrooms 4
Full Baths 2
Half Baths 1
HOA Y/N N
Abv Grd Liv Area 2,168
Originating Board BRIGHT
Year Built 1790
Annual Tax Amount $9,088
Tax Year 2021
Lot Size 1.190 Acres
Acres 1.19
Lot Dimensions 0.00 x 0.00
Property Description
NEW PRICE! CASH FLOW PROPERTY $30K Per YEAR NET! Plus an additional lot zoned Community Commercial. FANTASTIC HIGH PROFILE LOCATION! AMAZING INVESTMENT/RENTAL OPPORTUNITY! UNIQUE RENTAL PROPERTY with POSITIVE CASH FLOW totaling $3,600 GROSS PER MONTH! Situated on nearly 2-ACRES, this property is zoned for RESIDENTIAL-COMMUNITY COMMERCIAL. Property includes a Single-Family Residential 4 Bed, 2.5 Bath Home, FULLY-TENANTED Modular Home that was FULLY RENOVATED within the last year, OVERSIZED 3-Bay Detached Garage, 2-Bay Detached Garage, 1-Car Detached Garage and large Barn. An additional THE VACANT LOT NEXT DOOR is included and can be used to serve MULTIPLE PURPOSES, especially for a LANDSCAPER or CONTRACTOR looking for a place to park their equipment. Lot is NOT approved for the building of an additional house, but you are permitted to build a POLE BARN or ADDITIONAL GARAGE as needed. Located in the COMMUNITY COMMERCIAL DISTRICT, uses permitted within the Borough of Sewell include RETAIL TRADE, DINING OR DRINKING PLACE, BANKING FACILITY, PROFESSIONAL OFFICE, PERSONAL BUSINESS SERVICE ESTABLISHMENT or RETAIL GARDEN CENTER. The favorable FLEXIBLE CC-ZONING TERMS offers you, the investor, SIGNIFICANT FUTURE UPSIDE and the unique opportunity to reposition the asset LONG-TERM to capitalize on your FUTURE GROWTH. Located on busy MAIN ST, with residential surrounding, the property is well-situated to serve a dense residential community of 37,112 RESIDENTS (1,284 people per sq. mile) within a 5-mile radius and an average median of $90,612/ANNUALLY. This population density makes the site desirable for retaining CURRENT TENANTS and also attractive PROSPECTIVE LONG-TERM TENANTS. Approved for OFF-STREET PARKING LOT, achievable through EMPTY LOT included with property. Tons of RENTAL OPPORTUNITY offered for the potential of ADDITIONAL CASH FLOW with RENTAL OPPORTUNITY through EXISTING STRUCTURES, including Single-Family Home, multiple Detached Garages and Pole Barn. Just minutes from all highway ramps including Rt-55 & 295 N/S for easy access to and from your location. Donât miss this INCREDIBLE COMMERCIAL OPPORTUNITY.
Location
State NJ
County Gloucester
Area Mantua Twp (20810)
Zoning R1
Rooms
Other Rooms Dining Room, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Bedroom 1, Laundry, Full Bath, Half Bath
Main Level Bedrooms 4
Interior
Interior Features Breakfast Area, Carpet, Ceiling Fan(s), Dining Area, Family Room Off Kitchen, Floor Plan - Traditional, Pantry, Wood Floors
Hot Water Oil
Heating Forced Air
Cooling Wall Unit
Flooring Tile/Brick, Wood, Fully Carpeted
Fireplaces Number 1
Fireplaces Type Brick, Wood, Mantel(s)
Equipment Refrigerator, Microwave, Oven - Single, Stove
Fireplace Y
Appliance Refrigerator, Microwave, Oven - Single, Stove
Heat Source Oil
Exterior
Exterior Feature Patio(s)
Garage Additional Storage Area, Garage - Front Entry
Garage Spaces 6.0
Waterfront N
Water Access N
View Street, Trees/Woods
Roof Type Shingle
Accessibility None
Porch Patio(s)
Total Parking Spaces 6
Garage Y
Building
Lot Description Backs to Trees, Partly Wooded
Story 2
Foundation Other
Sewer Septic Exists
Water Public
Architectural Style Colonial, Modular/Pre-Fabricated
Level or Stories 2
Additional Building Above Grade, Below Grade
Structure Type Wood Walls,Dry Wall
New Construction N
Schools
Elementary Schools Bells
Middle Schools Chestnut Ridge
High Schools Washington Twp. H.S.
School District Washington Township Public Schools
Others
Senior Community No
Tax ID 10-00151-00004
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Karen D. Casey • Your Home Sold Guaranteed, Nancy Kowalik Group
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Brian Collini
Broker of Record / Owner | License ID: 1324485/0455485
Broker of Record / Owner License ID: 1324485/0455485