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519 Lakehurst Road Browns Mills, NJ $ 1,170,000
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$ 1,170,000 Get more info
519 Lakehurst Road
$ 1,170,000
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519 Lakehurst Road

Browns Mills, NJ, 08015
$ 1,170,000
Baths0.0 Sq 12,800

Monthly Estimate*

$ 7,776

519 Lakehurst Road, Browns Mills, NJ 08015 - Image 1
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519 Lakehurst Road, Browns Mills, NJ 08015 - Image 10
Studio

Commercial Property for sale in Browns Mills, NJ

for $1,170,000. This 12,800 square foot building was built in 1978 on a lot size of 16.8.

Prime investment property. 2.0 ac with 12,800 sf strip center retail building and 14.7 ac wooded property in Browns Mill, NJ. There are 16 units with 65 parking spaces. Now 75% of occupancy but still the cap rate is 8.5%. When you make more tenants, your cap rate will be 10%. The tenants are a Pizza restaurant, a Chinses restaurant, a Laundromat, a Dry Cleaner, a Doctor's office, a Barbershop, an SPA, and churches. The property's soil contamination is currently undergoing treatment. If the issue persists after the sale, the seller plans to contribute a certain amount to the escrow. If the buyer commits to resolving this issue, negotiations on the price are possible.

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Commercial Pending

Price

$ 1,170,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 35,382

Style

Hair Salon and Spa,Professional,Religious Facility

Lot Size

16.8

Year Built

1978

Town/City

Browns Mills

County/Region

Burlington

MLS | Web ID

NJBL2057998
Features
Interior
Heating Fuel Natural Gas
Hot Water Natural Gas
Heating Y/N Y
Street Suffix ROAD
Central Air Y/N Y
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General
Sewer Public Sewer
Heating Central
Cooling Central A/C
Possession 31-60 Days CD
Zoning COMMERCIAL
Construction Materials Brick
Year Built 1978
Property SubType Retail
Tax Year 2022
Percent Ownership Fee Simple
Cool Fuel Electric
Municipality PEMBERTON TWP
Business Type Hair Salon and Spa Professional Religious Facility Restaurant/Bar
Accessibility 2+ Access Exits
County BURLINGTON
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status PENDING
Directions Take Lakehurst Rd from Rt. 70 pass Ridge Rd and it will be on the right side
City BROWNS MILLS
Buyer Agent Compensation 2.5
Disclosures Other
MLS Area Pemberton Twp (20329)
Lot Size Square Feet 731808.00
Waterfront Y/N N
Street Name LAKEHURST
Tax Annual Amount 35382.0
Price Per Sq Ft 91.41
Vacation Rental Y/N N
Days on Market 46
Standard Status Pending
Year Built Source Assessor
Tax Lot 00026 00025 00027
Buyer Agent Compensation Type % Of Gross
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Exterior
Water Source Public
Type of Parking Parking Lot
Water View Y/N N
Building Area Total 12800.00
Lot Size Acres 16.80
Lot Size Units Square Feet
Lot Size Source Estimated
Land Assessed Value 198000.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 519
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* Excluded Features
List By
Realty Mark Advantage

Broker

jacob8342@gmail.com

Email

Affordability Calculator

$10,725
Per Month
73%
27%
0%
Monthly Principal & Interest
$7,776
Monthly Property Taxes
$2,949
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
12/30/2023$1,170,000 Listed Price

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519 Lakehurst Road, Browns Mills, NJ, 08015 is a Commercial Property for sale at $1,170,000 with 12,800 sqft and a lot size of 16.8. 519 Lakehurst Road is a studio with 0.0 baths and was built in 1978. The property's zip code is 08015 which is in Browns Mills, NJ

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