Bridgeton, NJ 08302 569 Morton Avenue

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Presented By: Weichert Realtors-Mullica Hill
  • MLS# NJCB2021534
  • 11/25/2024
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  • Beds • 9

Home Details

Check out this wonderful business opportunity that consist of a Commercial store front and FOUR two and three bedroom apartments attached in Deerfield Twp. The store front consist of 2000 sq ft with bathroom that is currently used as a photography studio. All units have seperate meters and tenants are responsible for their own utilities. There are a few long term tenants w a total of 3 of them on a month to month lease. Several units have been updated. Electric panels, hot water heaters and storefront HVAC have also been upgraded. Great parking and fantastic location w/ easy access to RT 55. Professional photos coming soon. Mixed-use property: Includes a 2,000 sq. ft. commercial storefront and four residential apartments (3 two-bedroom, 1 three-bedroom). Revenue potential: Multiple streams of income from residential and commercial tenants. Upgrades: Electric panels, hot water heaters, and HVAC system for the storefront have been modernized. Utilities: Separate meters for all units, so tenants cover their own utilitieslowering landlord expenses. Convenience: Fantastic location with easy access to RT 55, offering high visibility and accessibility. Flexibility: Three tenants are on month-to-month leases, giving options for rent adjustments or new arrangements. Updated systems: Modern septic and well systems ensure fewer maintenance headaches. This could be ideal for an investor or owner-operator seeking passive income with minimal overhead due to the updates and tenant responsibility for utilities.
Presented By: Weichert Realtors-Mullica Hill

Interior Features for 569 Morton Avenue

Bedrooms

Three Bedroom Units Count1

Other Interior Features

LivingAreaSourceEstimated
Central Air Y/NNo
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas, Electric

General for 569 Morton Avenue

Acceptable FinancingConventional, Cash
AccessibilityNone
Architectural StyleOther
Association Recreation FeeN
CityBRIDGETON
Construction MaterialsBrick, Combination, Mixed, Vinyl Siding
Cool FuelElectric
CoolingCeiling Fan(s), Wall Unit
CountyCUMBERLAND
DirectionsLandis ave to Morton Ave PIQ on R
Electric200+ Amp Service
Garage Y/NNo
Heating90% Forced Air
Historic Y/NNo
Lease TypeMonth to Month
Lot Size Square Feet20909.00
Lot Size UnitsSquare Feet
MLS AreaDeerfield Twp (20603)
ModificationTimestamp2025-05-24T06:42:16
MunicipalityDEERFIELD TWP
New ConstructionNo
Number Of Units Total2
NumberOfUnitsVacant
One Bedroom Units Count
Other StructuresAbove Grade
OwnershipFee Simple
PossessionNegotiable
Price Per Sq Ft Total AG88.32
Property ConditionGood
Property SubtypeQuadruplex
Property TypeMulti-Family
School DistrictCUMBERLAND REGIONAL
SewerOn Site Septic
Single Room Units Count0
Standard StatusActive
StatusACTIVE
Structure TypeDetached
Subdivision NameNONE AVAILABLE
Tax Annual Amount5135.0
Tax Assessed Value140500.0
Tax Lot00009
Tax Year2023
Total SQFT6000
Two Bedroom3
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1923
Year Built SourceEstimated
ZoningCOMMERCIAL

Exterior for 569 Morton Avenue

Foundation DetailsBlock, Brick/Mortar
Land Assessed Value29900.00
Land Use Code
Lot Dimensions71 x266 irregular
Lot FeaturesCleared, Corner, Level, Open
Lot Size Acres0.48
Lot Size SourceEstimated
LotDimensionsSourceEstimated
Navigable Water Y/NNo
Parking FeaturesPrivate, Surface, Unassigned
PoolNo Pool
Road Surface TypeBlack Top
Type of ParkingParking Lot
Water Oriented Y/NNo
Water SourcePrivate
Water View Y/NNo
Waterfront Y/NNo

Additional Details

Price History

Schools

Middle School N/A
Elementary School N/A
High School Cumberland Reg High School

Rachel Shepherd

Price $529,900
MLS#NJCB2021534
List Date 11/25/2024
Property Type Multi-Family
Phone 703.929.4729
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