220 North Centre Street

Merchantville, NJ 08109

$564,900
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Prime Investment Opportunity! Location! Location! Location! With all Local and State approvals, 3 residential apartments , 2 Commercial spaces below. Located on the popular Centre St. , Walking distance to the vibrant, heart of Merchantville. Has at least 10 cars parking space in rear of building. Gas heating with separate zone, separate electric meter; New Roof, units renovtions. An extra lot attached. Conveniently located close to Rt 130. Easy access to transportation, schools, and short drive...Prime Investment Opportunity! Location! Location! Location! With all Local and State approvals, 3 residential apartments , 2 Commercial spaces below. Located on the popular Centre St. , Walking distance to the vibrant, heart of Merchantville. Has at least 10 cars parking space in rear of building. Gas heating with separate zone, separate electric meter; New Roof, units renovtions. An extra lot attached. Conveniently located close to Rt 130. Easy access to transportation, schools, and short drive to Philadephia.
  1. Listed by Lisa Pho • Keller Williams - Main Street
    P: (856)-426-7087 lisa.pho.biz@gmail.com

Property Details for 220 North Centre Street

Tax ID Number
24-00050-00010
Ownership
Fee Simple
Structure Type
Detached
Style
Colonial
Waterfront
No
Views
Street
Garage
No
Expected On Market Date
01-03-2025
LISTING UPDATED: 12/10/2024 02:04 PM

Property Details for 220 North Centre Street

StatusComing Soon
MLS #NJCD2080998
Days on Market-
Taxes$14,092 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1950
Lot Size0.00 AC / 0 SF
CountyCamden County

Building Information for 220 North Centre Street

Stories-Residences1Year Built1950Building Size-Lot Size0.00 AC / 0 SF

Property Information for 220 North Centre Street

Location
Location
  • School District Name: HADDON HEIGHTS SCHOOLS
  • School District County ID: 300200396983
  • SchoolDistrictSource: Listing Agent
  • High School: HADDON HEIGHTS H.S. (CAMDEN NJ)
  • HighSchoolSource: Listing Agent
  • County: CAMDEN
  • MLS Area: Merchantville Boro (20424)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2023
  • Tax Assessed Value: $277,800
  • Year Assessed: 2023
  • County Tax: $0
  • Improvement Assessed Value: $225,000
  • City Town Tax: $0
  • Land Assessed Value: $52,800
  • Clean Green Assessed: No
  • Land Use Code: 0
  • Zoning: MIXED USE
  • Tax Lot: 00010
  • School Tax: $0
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Owner Pays: Common Area Maintenance, Gas, Heat, Insurance, Lawn/Shrub Care, Repairs, Sewer, Snow Removal, Water
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 3
  • Two Bedroom Units Count: 0
  • Three Bedroom Units Count: 0
  • Number Of Units Vacant: 1
  • Number Of Units Month To Month: 1
Financial Information
Expenses
  • Operating Expense: $22,390
  • Operating Expense Includes: Insurance
  • Insurance Expense: $3,200
  • Maintenance Expense: $3,130
  • Water Avg Month: $320
  • Water Prev 12 Months: $3,840
  • Gas Avg Month: $400
  • Gas Prev 12 Months: $4,800
Financial Information
  • Gross Income: $62,604
  • Net Operating Income: $33,884
  • Annual Rental Income: $5,217
  • Income Includes: Apartment Rentals
  • Cap Rate: 6.00
  • Existing Lease Type: Long Term, Month to Month
Building Info
Building Info
  • Year Major Reno Remodel: 2023
  • Building Units Total: 1
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 54.00 x 0.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 1900003
Parking
Parking
  • Type Of Parking: Driveway, Off Street, Parking Lot
  • Parking Lot - # of Spaces: 10
  • Parking Features: Gravel Driveway
Interior Features
Interior Features
  • Fireplace: No
  • Accessibility Features: 2+ Access Exits
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Utilities: Above Ground
  • Heating: Yes
  • Cooling Type: Central A/C, Window Unit(s)
  • Cooling Fuel: Electric
  • Heating Type: Baseboard - Hot Water, Baseboard - Electric
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
  • Electric Service: 200+ Amp Service
  • Internet Services: Cable
Confidential Data
Listing Office
  • List Agent AOR: Gloucester Salem Counties Board of REALTORS
  • List Agent URL: www.lisapho.exprealty.com

Property History for 220 North Centre Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 220 North Centre Street

Taxable ValueLand$52,800Additions$225,000Total$277,800
Tax Record2023$14,093 ($1,174 / month)
Home Facts
Stories2Lot Size9,720 SqFtStyleMiscellaneous CommercialCountyCAMDENAPN24 00050-0000-00010

Schools near 220 North Centre Street

This home is within Merchantville School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Private - PK to 3
Private - PK to 8
Private - PK to 12
Rating
School
Distance
Merchantville Elementary School
PublicPK to 8

Christian Academy of Merchantville
PrivatePK to 3

St Peter Elementary School
PrivatePK to 8

World Harvest Christian Academy
PrivatePK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Keller Williams - Main Street

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.