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7 Arch Avenue

NEWFIELD, NJ 08344
  • $2,500,000
  • STATUS: Active
  • ON SITE: 94 Days
  • ID#: NJGL2031136
UPDATED: 74 min ago
$2,500,000
  • 0
    BEDS
  • 0.51
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1949
County:

School Ratings & Info

School District:

Description

Positive cash flow for this 15 unit complex. Property is made up of 3 apartment buildings and one triplex. There are (8) 2 bedroom units, (4)/1 bedroom units and a triplex that has (2) 2 bedroom units plus an efficiency. Tenants are responsible for gas/electric payments. Several units have been remodeled. Apts 1-8 & 11 have washer/dryer hook-ups (tenant supplied washer/dryer). Add'l improvements attached in documents. Parking area next to apt buildings and next to triplex. 5 year DCA passing C/O just issued 3/2023. Property being sold as a package with 6 Catawba (triplex). Sold in as-is condition. Add'l photos of the interior of some units is avail upon request and will be sent as a google drive

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©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Holloway Real Estate Group | eXp Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-10-03T09:53:40.323.
www.njhousehunter.com/homes/141112078
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7 Arch Avenue NEWFIELD, NJ 08344

  • Price: $2,500,000
  • Status: Active
  • On Site: 94 Days
  • Updated: 74 min ago
  • ID#: NJGL2031136
0
Beds
0
Baths
0
½ Baths
0.51
Acres
1949
Built
Neighborhood:
Newfield Boro (20813)
County:
Gloucester
Area:
Newfield Boro (20813)
School District:
Buena Regional Schools
Property Description
Positive cash flow for this 15 unit complex. Property is made up of 3 apartment buildings and one triplex. There are (8) 2 bedroom units, (4)/1 bedroom units and a triplex that has (2) 2 bedroom units plus an efficiency. Tenants are responsible for gas/electric payments. Several units have been remodeled. Apts 1-8 & 11 have washer/dryer hook-ups (tenant supplied washer/dryer). Add'l improvements attached in documents. Parking area next to apt buildings and next to triplex. 5 year DCA passing C/O just issued 3/2023. Property being sold as a package with 6 Catawba (triplex). Sold in as-is condition. Add'l photos of the interior of some units is avail upon request and will be sent as a google drive
Exterior Features

Construction Materials Aluminum SidingWood SidingBrick Garage YN No Parking Types Parking Lot Riparian Rights YN No Roof Pitched Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 12575.00 Cooling None Flooring Tile/BrickCarpetVinyl Heating Forced Air Heating YN Yes Net Square Feet 0.00

Property Features

Accessibility Features None Assessment Year 2022 Business Type Apartment Building Central Air YN No Cooling Fuel None Cross Street Chestnut Electric 100 Amp Service Heating Fuel Natural Gas Hot Water Natural Gas Municipality Newfield Boro Navigable Water YN N Net Operating Income 136650.00 New Construction YN No Number Of Units Total 0 Operating Expense Includes LandscapingParkingSnow RemovalTrash Original MLSNumber 802448913238 Ownership Interest Fee Simple Possession Negotiable Property Sub Type Five Or More Units Sale Type Standard Sewer Private Sewer Tax Annual Amount 19357.00 Tax Assessment Amount 515100.00 Tax Lot 00008 01 Total Actual Rent 219300.00 Vacation Rental YN No Water Source Public Zoning R5h

Listing courtesy of Keller Williams Realty - Cherry Hill: .


©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Holloway Real Estate Group | eXp Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-10-03T09:53:40.323.
 
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Holloway Real Estate Group | eXp Realty
102 Centre Blvd. Suite J
Marlton NJ, 08053