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$550,000

  • For Sale
  • Active
  • Multi-Family
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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 utilities-lowering 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.

Full Property Details for 569 Morton Ave

General

  • Price: $550,000
  • Taxes: $5,135 (2023)
  • Status: Active
  • Type: Multi-Family
  • Source: BrightMLSPhilly
  • MLS ID: NJCB2021534
  • Updated: 12/6/2024
  • Added to Site: 15 day(s) ago

Parking

  • Parking Features: Private, Surface, Unassigned
  • Parking Type: Parking Lot

Location

  • Area: Deerfield Twp (20603)
  • Municipality: DEERFIELD TWP
  • County: Cumberland
  • Development Name: None Available
  • Subdivision: None Available
  • Cross Streets: Landis
  • Driving Directions: Landis ave to Morton Ave PIQ on R

School Information

  • School District: Cumberland Regional
  • High School: Cumberland Reg

Heating & Cooling

  • Cooling Type: Ceiling Fan(s), Wall Unit
  • Cooling Fuel: Electric
  • Heating Type: 90% Forced Air
  • Heating Fuel: Natural Gas
  • Water Heater: Natural Gas, Electric

Utilities

  • Sewer: On Site Septic
  • Water: Private

Structural Information

  • Architectural Info: Other
  • Architectural Style: Other
  • Structure Type: Detached
  • Construction: Brick, Combination, Mixed, Vinyl Siding
  • Foundation: Block, Brick/Mortar
  • Stories/Levels: 0
  • Square Feet: 20,900
  • Sq. Ft. Source: Estimated
  • Living Area: 20,900 Sq. Ft.
  • Finished Above Grnd: 20,900 Sq. Ft.
  • Year Built: 1923
  • Year Built Source: Estimated
  • Property Condition: Good

Unit Information

  • 2 Bedroom Units: 3
  • 3 Bedroom Units: 1

Lot Features

  • Lot Size (Acres): 0.48
  • Lot Size (Sq. Ft.): 20,909
  • Lot Size Source: Estimated
  • Lot Dimensions: 71 x 266 irregular
  • Street/Road Desc.: Black Top
  • Lot Features: Cleared, Corner, Level, Open
  • Zoning: COMMERCIAL
  • Lot Description: Cleared, Corner, Level, Open

Financial Considerations

  • Price Per Sq. Ft.: $26.32
  • Assessment Year: 2023
  • City/TownTax Freq: Annually
  • County Tax Freq: Annually
  • Tax w/Assessment: $140,500
  • Tax Amount: $5,135
  • Tax Year: 2023

Disclosures and Reports

  • Ownership: Fee Simple
  • Lot Number: 9

Listed by Weichert Realtors-Mullica Hill, Juli Morella

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Listing agent

— 569 Morton Ave —

  • Juli Morella

    Weichert Realtors-Mullica Hill

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 569 Morton Ave

School Districts:Deerfield Township Public Schools, Cumberland Regional Distr Schools
RatingNameGradesDistance
2
Deerfield Township Public School
419 Morton Ave, Rosenhayn, NJ 08352
PK-80.9 mi
2
Cumberland Regional High School
90 Silver Lake Rd, Bridgeton, NJ 08302
9-124.8 mi
Disclaimer: School ratings provided by GreatSchools. Ratings are on a scale of 1-10. Learn more about GreatSchools ratings. School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 569 Morton Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/06/2024
Listed
$550,000
97.84%
MLS
8/02/2022
Sold
$278,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 569 Morton Ave

Year
Property Taxes
Change
Tax Assessment
Change
2022
$5,415
2%
$140,500
—
2021
$5,283
11%
$140,500
—
2018
$4,773
2%
$140,500
—
2017
$4,701
1%
$140,500
—
2016
$4,645
4%
$140,500
—
2015
$4,478
-11%
$140,500
—
2019
$5,020
19%
$140,500
—
2013
$4,204
—
$140,500
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Weichert Realtors-Mullica Hill, Juli Morella

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569 Morton Avenue, Bridgeton, NJ 08302 (MLS# NJCB2021534) is a Multi-Family property with 1 unit containing 0 bedrooms and 0 full bathrooms. 569 Morton Avenue is currently listed for $550,000 and was received on December 06, 2024. Want to learn more about 569 Morton Avenue? Do you have questions about finding other Multi-Family real estate for sale in Bridgeton? You can browse all Bridgeton real estate or contact a Coldwell Banker agent to request more information.

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