655 State St | Camden, NJ 08102
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655 State St
Camden, NJ 08102
Mix Unit Investment - Storefront and 3 BR Apt · Retail Property For Sale
Investment Highlights
- Situated on State Street in downtown Camden, NJ, with easy access to Center City Philadelphia and major transportation links.
- Features a well-kept two-unit property with a strong rental potential.
- Offers a generous 3-bedroom, 1-bathroom apartment with ample room and natural light.
- Located just minutes from Philadelphia bridges, NJ train stations, and bus stations, enhancing connectivity.
- Includes a storefront space on the ground floor, ideal for various business uses.
- The residential unit includes extensive upgrades, providing a comfortable living environment.
Executive Summary
Prime investment opportunity in downtown Camden NJ located on State Street. Easy access to Center City Philadelphia and conveniently located just minutes from Philadelphia bridges and NJ train/bus stations. Great two-unit property that is well kept with excellent rental potential. The mix unit property consists of one storefront property and a spacious 3-bedroom/1 bathroom apartment that offers nice size rooms with extensive upgrades and ample natural light.
Excellent area for rentals and plenty of upside on rent with rent well under market value. Contact Jonathan Benstead (856)465-9573
Excellent area for rentals and plenty of upside on rent with rent well under market value. Contact Jonathan Benstead (856)465-9573
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,602 SF
Building Class
C
Year Built
1899
Price
$259,900
Price Per SF
$56
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Slab To Slab
9’
Building FAR
2.30
Land Acres
0.05 AC
Zoning
C - Commercial
Parking
2 Spaces (0.43 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Signage
PROPERTY TAXES
| Parcel Number | 08-00776-0000-00062 | Improvements Assessment | $87,600 |
| Land Assessment | $6,600 | Total Assessment | $94,200 |
PROPERTY TAXES
Parcel Number
08-00776-0000-00062
Land Assessment
$6,600
Improvements Assessment
$87,600
Total Assessment
$94,200
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