Nine-Unit Corner Apartment
For Sale
$899,000
125 W Commerce Street, Bridgeton, NJ 08302
MULTI_FAMILY - Bridgeton, NJ
Property Size3,820 SF
Lot Size0.46 Acres
Price / SF$235.34
Days on Market108
Property Features for 125 W Commerce Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Rooms
Basement
Directions
GPS
Standard status
Active
APN
01-00274-0000-00012
Size
3,820 SF
Lot size
0.46 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
17660
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
1900
Floors in Building
3
Number of units
9
Listing Agency:
Keller Williams Realty Monmouth/Ocean
(732) 942-5280
Listed By:
Efrayim Lax · License #1751383
(732) 942-5280
Added: Apr 20
Last Checked: Aug 5 at 8:06PM
MLS# 22610999
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.
125 W Commerce Street, Bridgeton, NJ 08302 offers a well-maintained, corner nine-unit apartment building set on a 0.46-acre lot. The property provides public water and public sewer service, with a basement included in the overall configuration.
Each unit is described as having a living/dining room area, a kitchen, and a big bedroom, along with airy, tall ceilings throughout. Off-street parking is available in the back of the building.
Built in 1900, the building totals 3,820 square feet. This multifamily setup is well suited for investors and owners looking for a residential income property with a straightforward unit layout and dedicated on-site parking.
Each unit is described as having a living/dining room area, a kitchen, and a big bedroom, along with airy, tall ceilings throughout. Off-street parking is available in the back of the building.
Built in 1900, the building totals 3,820 square feet. This multifamily setup is well suited for investors and owners looking for a residential income property with a straightforward unit layout and dedicated on-site parking.
Key Highlights
- 0.46‑acre corner lot
- Nine‑unit apartment building with separate living/dining, kitchen, and bedroom
- 3,820 SF building size
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 | $88.9k | $23.28 |
| − Vacancy | −$5.8k | −$1.51 |
| EGI | $83.1k | $21.77 |
| − OpEx | −$37.4k | −$9.80 |
| NOI | $45.7k | $11.97 |
3,820 SF · lease $23.28/SF/yr · vacancy 6.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$653.3K
$571.7K – $762.2K
NOI $45,732 @ 7.0% cap · market cap 5.09%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.74M
$5.02M – $6.69M
NOI $401,503 @ 7.0% cap · market cap 44.66%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
17
Residential units
Location Intelligence
Trade Area within ½ mile
282
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
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Frequently Asked Questions
What type of property is this?
Apartment building - Well-maintained nine-unit apartment building on a corner lot with public water and public sewer.
Where is this apartment building located?
The property is located at 125 W Commerce Street Bridgeton, NJ.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: 0.46‑acre corner lot; Nine‑unit apartment building with separate living/dining, kitchen, and bedroom; 3,820 SF building size
