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    250 Warren St Beverly, NJ 08010

    For Sale
    $388,777

    Renovated, high-cash-flow investment opportunity.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional mixed-use property at 250 Warren Street in Beverly, NJ, presents a compelling investment opportunity with immediate cash flow potential. Spanning 2240 square feet on a 0.19-acre lot, this completely renovated building boasts brand new electrical, plumbing, HVAC systems, flooring, fixtures, appliances, and lighting throughout. The first floor offers 1,120 square feet of commercial space, perfectly suited for a variety of businesses. This area is divided into four separate rooms, includes a kitchenette, and features 1.5 bathrooms. Currently vacant, this space presents immediate leasing potential in a highly visible downtown location. Upstairs, a 3-bedroom, 1-bathroom apartment generates consistent rental income, currently leased month-to-month for $2,250. The property also includes a full basement providing ample storage space, and a convenient parking lot with capacity for 15 vehicles. This turnkey investment is priced at $388,777 and offers a rare blend of commercial and residential income streams, making it an ideal addition to any portfolio. The current tenant's lease on the apartment expires in August. This property is ready for immediate occupancy and income generation.

    Property Features for 250 Warren St

    General Information

    Property type
    Mixed-use properties
    Lot Size
    8,276 SF

    Building Details

    Year Built
    1940
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    UMT 04 GROUP Construction Company

    Suggested Use

    Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply Accounting Firm Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Beverly
    County
    Burlington
    State
    New Jersey
    Longitude
    -74.91949
    Latitude
    40.06496

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    FAQs

    What type of property is this?
    Mixed-use property - Renovated, high-cash-flow investment opportunity.
    Where is this mixed-use property located?
    The property is located at 250 Warren St Beverly, NJ.
    What is the asking price?
    The asking price for this property is $388,777.
    (856) 316-1100
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    250 Warren St Beverly, NJ 08010
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