56 Fayette Street Bridgeton, NJ $ 269,900
56 Fayette Street
$ 269,900
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56 Fayette Street

Bridgeton, NJ, 08302
$ 269,900
Baths0.0 Sq 4,890

Monthly Estimate*

$ 1,794

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Studio

Commercial Property for sale in Bridgeton, NJ

for $269,900. This 4,890 square foot building was built in 1900 on a lot size of 0.32.

It brings great excitement to present and extend a warm welcome to you 56-58 Fayette Street, Bridgeton, NJ 08302! Stepping onto the market for the first time in many years, this corner lot property (block 259, lots 20 & 22) invites you to step into the pinnacle of mixed-use excellencea rare chance to capitalize on prime real estate, making it a coveted investment for your real estate portfolio. Situated in the heart of Bridgeton and conveniently located diagonally across the street from the Cumberland County Courthouse, it is zoned as C-4 Neighborhood Business District and offers an abundance of opportunities! Providing a further advantage is its strategic positioning within Bridgetons UEZ district that offers a multitude of benefits to support businesses such as tax and financial incentives. Presently, the first floor is utilized as law offices, providing well-appointed space; however, is perfect for a wide variety of professionals as well as other uses. Entering the front entrances foyer and welcomed into a spacious reception area, the first floor consists of four sizable private offices, a large conference room, a multifunctional open collaborative workspace, and an expansive open hallway area for added versatility. Other rooms on the first floor include a break room and a supplementary room perfect for filing cabinets and storage. The bathroom on this floor has recently been renovated. There is also an additional full bath and sitting area that have begun to be remodeled, are currently framed out, and allow for your personal touches to be completed. Other recent updates include new carpeting/laminate flooring and replacement windows. With separate utilities already in place for heating, electrical, water/sewer, and 2 central a/c units this space can be two units. The second floor offers spacious rooms, bathroom, and storage attic presenting the ability of on-site living arrangements or rental income. This flexible setup caters to those seeking to work downstairs and live upstairs or savvy investors looking to maximize returns. This property boasts a generously sized private paved parking lot large enough to accommodate 12 +/- spaces and features a handicapped ramp to access the first floor via the back entrance. Multiple financing options may be available to qualified Buyers. 56-58 Fayette Street is certain to check off all your boxes! Dont miss out on this exceptional opportunity- schedule a viewing today and unlock the endless possibilities of this remarkable property!

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Commercial Active

Price

$ 269,900

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 6,597

Style

Apartment Building,Flex,Professional,,Parking Lot

Lot Size

0.32

Year Built

1900

Town/City

Bridgeton

County/Region

Cumberland

MLS | Web ID

NJCB2018110

Features
Interior
Heating Fuel Natural Gas Oil
Flooring Carpet Laminated Hardwood
Hot Water Natural Gas
Total Stories 2
Heating Y/N Y
Street Suffix STREET
Central Air Y/N Y
Total Restrooms 3
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General
Sewer Public Sewer
Heating Baseboard - Hot Water
Cooling Central A/C Multi Units Window Unit(s)
Utilities Cable TV Cable TV Available Electric Available Multiple Phone Lines Natural Gas Available Phone Sewer Available Water Available Other
Possession Immediate
Roof Asphalt
Zoning C-4
Security Features Carbon Monoxide Detector(s) Exterior Cameras Security System Smoke Detector Motion Detectors Monitored
Construction Materials Aluminum Siding Stick Built
Year Built 1900
Electric 200+ Amp Service Circuit Breakers
View Street
Property SubType Mixed Use
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
Municipality BRIDGETON CITY
Business Type Apartment Building Flex Professional Other Parking Lot Other/General Retail
Accessibility Level Entry - Main Ramp - Main Level
County CUMBERLAND
New Construction N
Property Type Commercial Sale
Possible Use Apartment Building Financial Flex Space Investment Medical/Dental Mixed Use Multi-Family Office Parking Professional Service Other
Water Access Y/N N
Status ACTIVE
Directions West on Broad Street to Left onto Fayette Street. PIQ will be 0.1 miles on the Right at the Corner of Fayette and Vine Streets. (Also diagonally across the street the from Cumberland County Court Ho
City BRIDGETON
Buyer Agent Compensation 2.5
Disclosures Lead Based Paint - State Prop Disclosure
Zoning Description C-4 Neighborhood Business District
Total Units 3
MLS Area Bridgeton City (20601)
Lot Size Square Feet 14086.38
Waterfront Y/N N
Street Name FAYETTE
Tax Annual Amount 6597.0
Price Per Sq Ft Total 55.19
Acceptable Financing Cash Conventional Other
Vacation Rental Y/N N
Days on Market 9
Location Type Downtown
Standard Status Active
Year Built Source Estimated
Tax Lot 00020
Buyer Agent Compensation Type % Of Gross
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Exterior
Parking Features Paved Parking Private
Lot Features Additional Lot(s) SideYard(s) Road Frontage Irregular Corner
Water Source Public
Inclusions Security system including interior and exterior cameras office furniture and equipment negotiable
Type of Parking Parking Lot
Water View Y/N N
Building Area Total 4890.00
Lot Dimensions 25 x 59 65 x 158 39. 5x 59.25
Lot Size Acres 0.32
Road Surface Type Paved
Lot Size Units Square Feet
Lot Size Source Estimated
Door Features Double Entry
Other Equipment Negotiable
Road Responsibility City/County
Land Assessed Value 14100.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 56
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* Excluded Features
List By
Keller Williams Prime Realty

Broker

dennis@njrealtorservices.com

Email

Affordability Calculator

$2,344
Per Month
77%
23%
0%
Monthly Principal & Interest
$1,794
Monthly Property Taxes
$550
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
THE TIME TO SELL IS NOW!
Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/9/2024$269,900 Listed Price

Map


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56 Fayette Street, Bridgeton, NJ, 08302 is a Commercial Property for sale at $269,900 with 4,890 sqft and a lot size of 0.32. 56 Fayette Street is a studio with 0.0 baths and was built in 1900. The property's zip code is 08302 which is in Bridgeton, NJ