• 56 Fayette Street BRIDGETON, NJ 08302

  • $269,900
  • 0
    Bed(s)
  • 0
    Baths
  • 0
    Sq Ft
  • 14086.38
    Sqft

Come swing the doors wide open and explore all the potential offered at 56-58 Fayette Street, Bridgeton, NJ! This multi-family property, adaptable for professional offices or residential use, may be made into three separate units with the added convenience of separated utilities for two already in place. Located in the heart of downtown Bridgeton, this property is zoned C-4 Neighborhood Business District and is within the City’s UEZ district which provides numerous benefits such as tax and financial incentives to support its businesses. The first floor is presently used as professional offices and consists of four sizable private offices, a large conference room, a multifunctional open collaborative workspace, and an expansive open hallway area for added versatility. Other rooms on the first floor include a break room and a supplementary room perfect for filing cabinets and storage. This floor’s back entrance has a handicapped ramp for access. Recent renovations include the bathroom, replacement windows, new carpeting, and flooring. There is also an additional full bath and sitting area that have begun to be remodeled, are currently framed out, and allow for your personal touches to be completed. The second floor's flexibility offers spacious rooms, bathroom, and storage attic presenting the ability of on-site living arrangements or rental income to maximize returns as a unit. Included with the property is a generously sized private off-street paved parking lot that provides an ample 12 +/- parking spaces. Multiple financing options may be available to qualified Buyers. Whether you are an investor seeking rental income or a business owner looking to establish a presence in Bridgeton, this property offers versatility and endless opportunities! With high visibility and a prime location, don’t miss out on this chance to own an investment property with immediate returns and long-term capabilities! Schedule a private viewing today to view all the advantages this property has to offer!

Property Type :

Multi-Family

County :

CUMBERLAND

Style :

Multi-Family

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Property Details

 

Water/Sewer

Water Source : Public

Interior Features

Carpet,Floor Plan - Open

Roof : Asphalt

Exterior Property Features : Sidewalks,Street Lights

Basement Description: Interior Access

Roofing Information

Asphalt

Heating & Cooling

Cooling: Central A/C,Multi Units,Window Unit(s)

Heating: Baseboard - Hot Water

Cooling Fuel: Electric

Heating Fuel: Natural Gas,Oil

Window Information

Window Treatments: Replacement

Building Information

Exterior Features: Sidewalks,Street Lights

Year Built: 1900

Structure: Other

New Construction: No

Total Units: 3

Built: 1900

Construction Material: Aluminum Siding

Security System: Carbon Monoxide Detector(s),Exterior Cameras,Security System,Smoke Detector,Motion Detectors,Monitored

Roof: Asphalt

Architecture: Converted Dwelling

Pool/Private: No Pool

Roof Type: Asphalt

Pool Information

Pool: No Pool

Utility Features

Sewer: Public Sewer

Water

Water Heat: Natural Gas,Oil

Lot Information

Lot Size: 14,086

Dimensions: 25 x 59, 65 x 158, 39. 5x 59.25

Lot Size (Acres): 0.32

Architectural Style: Converted Dwelling

Main Square Feet: 14,086

Property Information

SQ ft: 4,891

SQ ft (Living Area): 4,891

Total Lot SQ ft: 14,086

View: Street

Financing: Cash,Conventional,Other

Appx. Lot Dimensions: 25 x 59, 65 x 158, 39. 5x 59.25

Total Acreage: 0.32

New Construction: No

Type: Converted Dwelling

Listing Information

Possession: Immediate

Days Of Market: 10

Tax Information

Annual Tax: $6,597

Tax Year: 2023

Total Taxes Payment Frequency: Annually

Possession

Immediate

Assessment Information

Taxes Assessment Amount: $130,000

Parking Information

Total Parking Spaces: 12

Parking Lot - # of Spaces: 12

Parking Type: Parking Lot

Parking Features: Paved Parking,Private

Has Garage: N

Multi-Unit Information

Acceptable Financing: Cash,Conventional,Other

Road Surface: Paved

Roof: Asphalt

Homeowners Association Information

Direction: West on Broad Street to Left onto Fayette Street. PIQ will be 0.1 miles on the Right at the Corner of Fayette and Vine Streets. (Also diagonally across the street the from Cumberland County Court House).

School Information

Middle OR Junior School: BRIDGETON MIDDLE SCHOOL

High School: BRIDGETON SENIOR H.S.

School District: BRIDGETON PUBLIC SCHOOLS

Utility Information

Water Source: Public

Sewer: Public Sewer

Cooling Fuel: Electric

Heating Fuel: Natural Gas,Oil

Hot Water: Natural Gas,Oil

Location Information

Location Type: Downtown

Direction: West on Broad Street to Left onto Fayette Street. PIQ will be 0.1 miles on the Right at the Corner of Fayette and Vine Streets. (Also diagonally across the street the from Cumberland County Court House).

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
204 Atlantic Street , Bridgeton, NJ,08302 $545,000 -- -- -- 16950 Sqft
28 Silver Brook Drive , Bridgeton, NJ,08302 $70,000 -- -- 27,007 27007 Sqft
593 Old Deerfield Pike , Bridgeton, NJ,08302 $75,000 -- -- 237,838 237838 Sqft
Quinton Marlboro Road , Bridgeton, NJ,08302 $200,000 -- -- 892,109 892109 Sqft
341 Quinton Marlboro Ro.., Bridgeton, NJ,08302 $54,900 -- -- 183,388 183388 Sqft
31 Acorn Drive , Bridgeton, NJ,08302 $84,900 -- -- 213,444 213444 Sqft
9 Button Mill Road , Bridgeton, NJ,08302 $84,900 -- -- 204,732 204732 Sqft
311 South Avenue , Bridgeton, NJ,08302 $110,500 1 1.0 528 2200 Sqft
8 Dawson Drive , Bridgeton, NJ,08302 $265,000 3 1.0 1,416 24394 Sqft
Bridgeton Buckshutem Ro.., Bridgeton, NJ,08302 $40,000 -- -- 39,640 39640 Sqft

Data provided by Bright MLS. Property information is for the users personal, non-commercial use. Information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties that appear on the website may no longer be for sale, and may be under contract or sold. ©2024 Bright MLS, All Rights Reserved. Information is reliable but not guaranteed.

ByOwner last updated this listing 05/20/2024 @ 16:43

MLS: NJCB2018138
LISTED BY: Dennis J. Gaggini, Jr. , Keller Williams Prime Realty
SOURCE: BRIGHT MLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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