This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

204 Atlantic St

14 Unit Apartment Building $475,000 ($33,929/Unit) Bridgeton, NJ 08302

Executive Summary

Discover a rare opportunity with this Class A Rooming House (Current New Jersey State License) located in the charming town of Bridgeton, NJ. Built in 1900, the property boasts 14 units within multiple buildings. It is currently operating at approximately 70% occupancy with current rental agreements in place. This type of asset offers a stable and consistent income stream. The property stands out in today’s market as a hard-to-find asset class, providing a unique blend of historic charm and modern income potential. There are three styles of units within the buildings. Units 1-4 are efficiency units with a full bath and kitchenette. Units 5, 7, 9 & 12 are single room units with a half bath. Units 6, 8, & 14 are single room units with a sink. Unit 11 is an efficiency unit with a full bath.

Property Facts

Price $475,000
Price Per Unit $33,929
Sale Type Investment
No. Units 14
Property Type Multifamily
Property Subtype Apartment
Apartment Style Single Family Home
Building Class C
Lot Size 0.39 AC
Building Size 2,964 SF
Average Occupancy 70%
No. Stories 2
Year Built 1900
Parking Ratio 2.02/1,000 SF

Unit Amenities

  • Air Conditioning
  • Heating
  • Kitchen
  • Tub/Shower
  • Porch

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
4+2 2 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
01-00234-0000-00028
Land Assessment
$6,100
Improvements Assessment
$336,000
Total Assessment
$342,100

zoning

Zoning Code C
C
  • Listing ID: 32707906

  • Date on Market: 8/6/2024

  • Last Updated:

  • Address: 204 Atlantic St, Bridgeton, NJ 08302

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}