Combining historic charm with modern, practical business features, this five-unit prime investment opportunity in the heart of Pemberton Borough offers a diverse income stream. The building's convenient location ensures high visibility and foot traffic for the two commercial units. Three residential units provide comfortable living spaces for tenants. A spacious, ground-level storage/maintenance area leads to a basement with individual gas and electric meters for each unit. An astute investor may wish to explore converting the two large attic/storage units into a sixth residential apartment. Imagination, vision for the future, and strategic renovations will capitalize on Pemberton Borough's growing market and promising investment returns. Call The Punzi Team today to schedule your appointment for a private tour of the building and the opportunity to own a lucrative piece of real estate.
Sold for $280,000 on 10/25/24
$280,000
88-90 Hanover St, Pemberton, NJ 08068
--beds
0baths
--sqft
Multi Family
Built in 1787
-- sqft lot
$297,200 Zestimate®
$--/sqft
$2,017 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: December 23, 2024 at 11:59am
Listed by:
EXP REALTY, LLC 866-201-6210
Source: All Jersey MLS,MLS#: 2410268R
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Baseboard
Cooling
- A/C Window Unit(s)
Appliances
- Included: Water Heater(Gas)
Features
- Unit 1(See Remarks), Unit 2(See Remarks), Unit 3(See Remarks)
- Basement: Partially Finished, None
Interior area
- Total structure area: 0
Property
Parking
- Parking features: On Street
Lot
- Features: Corner Lot
Details
- Parcel number: 280040000019
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Roof: Asphalt, Slate
Condition
- Year built: 1787
Utilities & green energy
- Gas: Natural Gas
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected
Community & neighborhood
Location
- Region: Pemberton
Other
Other facts
- Ownership: Fee Simple
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for —faster.
$297,200
2% more+$5,944
With Zillow Showcase(estimated)$303,144