Leases have just been increased and renewed for easy financing with long term written leases in place. This 5 unit mixed use building has no current vacancies and the leases total $87,900 annually. The current projected CAP rate based on income and expenses is 8.5%. This building has 3 residential apartments and 2 retail storefronts all with long term leases. Several updates have been made but there's still more room for growth and increased rent with full market potential exceeding $95,000 annually. Units are as follow: Apt 1 one bed one bath, Apt 2 one bed 1one bath, Apt 3 Three bed one bath, Storefront A Nail Salon, Storefront B Art/Tattoo studio. Tenants pay their own utilities for gas, heat, electric, hot water, and even sub-metered water. Additional details are available upon request.
Under contract
$750,000
94 E Browning Rd, Bellmawr, NJ 08031
5beds
3baths
4,000sqft
Multi Family
Built in 1955
-- sqft lot
$729,600 Zestimate®
$188/sqft
$-- HOA
What's special
- 125 days
- 46
- 0
Zillow last checked:
Listing updated:
Listed by:
Nathaniel Parker 609-921-4511,
RE/MAX Select - Princeton
Source: Bright MLS,MLS#: NJCD2117796
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
Heating
- Radiator, Baseboard, Natural Gas
Cooling
- Other, Electric
Appliances
- Included: Gas Water Heater
Features
- Has fireplace: No
Interior area
- Total structure area: 4,000
- Total interior livable area: 4,000 sqft
Property
Parking
- Parking features: Public, On Street, Driveway
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 5,611 Square Feet
- Dimensions: 85.00 x 66.00
- Features: Level, Urban
Details
- Additional structures: Above Grade
- Parcel number: 040013700046
- Zoning: COMMERCIAL
- Zoning description: Mixed use
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Multi Family
Materials
- Block
- Foundation: Slab
- Roof: Pitched,Flat
Condition
- Average
- New construction: No
- Year built: 1955
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Water Available, Sewer Available, Natural Gas Available, Electricity Available, Phone, Cable Available, Above Ground
Community & HOA
Location
- Region: Bellmawr
- Municipality: BELLMAWR BORO
Financial & listing details
- Price per square foot: $188/sqft
- Tax assessed value: $300,100
- Annual tax amount: $11,349
- Date on market: 5/15/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Negotiable
- Ownership: Fee Simple
- Road surface type: Black Top
Estimated market value
$729,600
$693,000 - $766,000
$2,314/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/9/2026 | Contingent | $750,000$188/sqft |
Source: | ||
| 5/16/2026 | Listed for sale | $750,000-6.1%$188/sqft |
Source: | ||
| 3/29/2026 | Listing removed | $799,000$200/sqft |
Source: | ||
| 10/20/2025 | Listed for sale | $799,000+59.8%$200/sqft |
Source: | ||
| 9/6/2022 | Sold | $500,000-23.1%$125/sqft |
Source: | ||
| 6/20/2022 | Pending sale | $650,000$163/sqft |
Source: | ||
| 3/4/2022 | Listed for sale | $650,000$163/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 08031
Nearby schools
Schools provided by the listing agent
- District: Bellmawr Public Schools
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.






