569 Morton Avenue

Bridgeton, NJ 08302

$550,000
Price
Beds
20,900 Sq. Ft.
$26 / Sq. Ft.
20,900
Sq. Ft.
$26
per Sq. Ft.

Description

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...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.
  1. Listed by Juli Morella • Weichert Realtors-Mullica Hill
    P: (856)-904-9280 julimorella@gmail.com

Property Details for 569 Morton Avenue

Tax ID Number
03-00046-00009
Ownership
Fee Simple
Structure Type
Detached
Style
Other
Waterfront
No
Garage
No
Expected On Market Date
12-06-2024
Subdivision
NONE AVAILABLE
LISTING UPDATED: 11/25/2024 09:36 PM

Property Details for 569 Morton Avenue

StatusComing Soon
MLS #NJCB2021534
Days on Market-
Taxes$5,135 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1923
Lot Size0.48 AC / 20,909 SF
CountyCumberland County NJ

Building Information for 569 Morton Avenue

Stories-Residences1Year Built1923Building Size-Lot Size0.48 AC / 20,909 SF

Property Information for 569 Morton Avenue

Location
Location
  • School District Name: CUMBERLAND REGIONAL
  • School District County ID: 803372718686
  • SchoolDistrictSource: Listing Agent
  • High School: CUMBERLAND REG (CUMBERLAND NJ)
  • County: CUMBERLAND
  • MLS Area: Deerfield Twp (20603)
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
Association / Community Info
Association / Community Info
  • Association Recreation Fee Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2023
  • Tax Assessed Value: $140,500
  • Year Assessed: 2023
  • County Tax: $0
  • Improvement Assessed Value: $110,600
  • City Town Tax: $0
  • Land Assessed Value: $29,900
  • Clean Green Assessed: No
  • Land Use Code: 0
  • Historic: No
  • Zoning: COMMERCIAL
  • Tax Lot: 00009
  • School Tax: $0
  • Automatically Update Tax Values Y/N: No
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 3
  • Three Bedroom Units Count: 1
  • Number Of Units Vacant: 0
  • Number Of Units Month To Month: 3
Financial Information
Financial Information
  • Existing Lease Type: Month to Month
Building Info
Building Info
  • Building Units Total: 1
  • Total Finished SQFT: 20,900.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Estimated
  • Lot Size Dimensions: 71 x266 irregular
  • Lot Dimensions Source: Estimated
  • Lot Features: Cleared, Corner, Level, Open
  • Road Surface Type: Black Top
  • Ground Rent Exists: No
  • Ground Rent Payment Frequency: Annually
Parking
Parking
  • Type Of Parking: Parking Lot
  • Parking Features: Private, Surface, Unassigned
Interior Features
Interior Features
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Ceiling Fan(s), Wall Unit
  • Cooling Fuel: Electric
  • Heating Type: 90% Forced Air
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas, Electric
  • Water Source: Private
  • Sewer Septic: On Site Septic
  • Electric Service: 200+ Amp Service
Confidential Data
Listing Office
  • List Agent AOR: Gloucester Salem Counties Board of REALTORS

Property History for 569 Morton Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 569 Morton Avenue

Taxable ValueLand$29,900Additions$110,600Total$140,500
Tax Record2023$5,135 ($428 / month)
Home Facts
Beds0Lot Size20,909 SqFtStyleSingle Family ResidenceCountyCUMBERLANDAPN03 00046-0000-00009

Schools near 569 Morton Avenue

This home is within Cumberland Regional School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Rating
School
Distance
Deerfield Township Elementary School
PublicPK to 8

Cumberland Reg High School
Public9 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 Weichert Realtors-Mullica Hill

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.