Renovated Apartment
For Sale
$699,000
105-107 Atlantic Street, Bridgeton, NJ 08302
MULTI_FAMILY - Bridgeton, NJ
Property Size2,928 SF
Price / SF$238.73
Days on Market108
Property Features for 105-107 Atlantic Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
15
Rooms
Bedroom 15, Bedroom 5, Bedroom 11, Bedroom 12, Bedroom 2, Bedroom 13, Bedroom 8, Bedroom 14, Bedroom 7, Bedroom 10, Bedroom 4, Bedroom 9, Bedroom 3, Basement, Bedroom 1, Bedroom 6
Directions
GPS
Standard status
Active
APN
01-00263-0000-00003-0000-BLDG
Size
2,928 SF
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
5223
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
1900
Floors in Building
2
Number of units
8
Listing Agency:
Keller Williams Realty Monmouth/Ocean
(732) 942-5280
Listed By:
Efrayim Lax · License #1751383
(732) 942-5280
Added: Apr 20
Changed: Aug 2
Last Checked: Aug 5 at 8:06PM
MLS# 22610997
Copyright © 2026 More MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Apartment buildings at 105-107 Atlantic Street, Bridgeton, NJ 08302, built in 1900 and configured as two buildings. The property totals 2,928 SF and is served by public water and public sewer.
Recent improvements include new carpet and vinyl floors, fresh interior paint, and updated bathrooms and kitchens, supporting move-in-ready condition across the units described in the offering.
This is a straightforward, turnkey-style multifamily setup presented for sale as a package together with a related address in the same MLS reference. Review the full package details for any additional properties included beyond 105-107 Atlantic Street.
Recent improvements include new carpet and vinyl floors, fresh interior paint, and updated bathrooms and kitchens, supporting move-in-ready condition across the units described in the offering.
This is a straightforward, turnkey-style multifamily setup presented for sale as a package together with a related address in the same MLS reference. Review the full package details for any additional properties included beyond 105-107 Atlantic Street.
Key Highlights
- 2,928 SF apartment property built in 1900
- Two buildings at 105‑107 Atlantic Street, Bridgeton, NJ 08302
- New carpet and vinyl floors
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $68.2k | $23.28 |
| − Vacancy | −$4.4k | −$1.51 |
| EGI | $63.7k | $21.77 |
| − OpEx | −$28.7k | −$9.80 |
| NOI | $35.1k | $11.97 |
2,928 SF · lease $23.28/SF/yr · vacancy 6.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$500.8K
$438.2K – $584.2K
NOI $35,053 @ 7.0% cap · market cap 5.01%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.40M
$3.85M – $5.13M
NOI $307,749 @ 7.0% cap · market cap 44.03%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
8
Residential units
Location Intelligence
Trade Area within ½ mile
450
Businesses Nearby
Explore this area
Business Placement
Demographics for 08302, NJ
47,826
Population
16,038
Households
3
Avg Household Size
36
Median Age
13%
College-Educated
77%
High-School Grad
142.6 sq mi
ZIP Area
335
Density / Sq Mi
$60,301
Median Household Income
$34,137
Median Earnings
$1,351
Median Rent
$202,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Renovated two-building apartment property with public water and public sewer services in Bridgeton, NJ.
Where is this apartment building located?
The property is located at 105-107 Atlantic Street Bridgeton, NJ.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: 2,928 SF apartment property built in 1900; Two buildings at 105‑107 Atlantic Street, Bridgeton, NJ 08302; New carpet and vinyl floors
