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MLS: #NJCD2117796, Listed By: Nathaniel Parker, RE/MAX Select - Princeton, Source:Bright MLS

94 E Browning Road

BELLMAWR, NJ 08031
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Bed 5

Bed

Bath 0

Bath

SqFt4,000

Sqft

Acres0.13

Acre(Lot)

Leases have just been increased and renewed for easy financing with long term written leases in place. This 5 unit mixed use building has no current vacancies and the leases total $87,900 annually. The current projected CAP rate based on income and expenses is 8.5%. This building has 3 residential apartments and 2 retail storefronts all with long term leases. Several updates have been made but there's still more room for growth and increased rent with full market potential exceeding $95,000 annually. Units are as follow: Apt 1 one bed one bath, Apt 2 one bed 1one bath, Apt 3 Three bed one bath, Storefront A Nail Salon, Storefront B Art/Tattoo studio. Tenants pay their own utilities for gas, heat, electric, hot water, and even sub-metered water. Additional details are available upon requ est.

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Detail Ic Property Details

Property Type : Residential Income

Price : $750,000

AD Id : 78789903

MLS Id : NJCD2117796

Beds : 5

Lot Size : 0.13 Acre

Living Area Size : 4,000

Year Built : 1955

County : CAMDEN

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Feature Features

  • Bedroom Information

    Total beds: 5
  • Roofing Information

    Flat
  • Interior Features

    Roof: Flat Appliances: Gas Water Heater
  • Heating & Cooling

    Has Heating: Yes Heating: Natural Gas, Baseboard, Radiant Has Cooling: Yes Cooling: Other, Electric

  • Building Information

    Year Built: 1955 Building Area Total: 4000 Construction Materials: Block Pool Features: None Private Pool: No

  • Lot Information

    Lot Dimensions: 85.00 x 66.00 Lot Size Acres: 0.13 Lot Size Source: Estimated Lot Size Square Feet: 5611 Lot Description: Level

  • Listing Price Information

    Listing Price: $750000

  • Tax Information

    Parcel Number: 04-00137-00046 Tax Lot: 00046 Tax Year: 2024 Annual Tax: $11349

  • Parking Information

    On Street, Driveway

  • Utility Information

    Cable Available, Water Available, Sewer Available, Natural Gas Available, Electricity Available
  • Location Information

    Direction: See address WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
123 W Kings Highway, Bellmawr, NJ, 08031 $314,900 4 -- 1,636 1,636 SqFt
1159 Romano Avenue, Bellmawr, NJ, 08031 $334,900 3 -- 1,453 1,453 SqFt

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ByOwner last updated this listing 06/03/2026 @ 21:47

MLS: NJCD2117796 LISTED BY: Nathaniel Parker, RE/MAX Select - Princeton 609-921-9202 SOURCE: Bright MLS

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