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    Turnkey Renovated Multifamily Portfolio Title is generated by Realmo AI

    105-107 Atlantic Street, Bridgeton, NJ 08302

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    For Sale
    $699,000

    MULTI_FAMILY - Bridgeton, NJ

    Property size:
    2,928 SF
    Price / SF:
    $238/SF
    Added:
    Apr 20, 2026
    Days on Market:
    52
    Last Refresh:
    Jun 10 at 7:06 pm

    Property Features for 105-107 Atlantic Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    15
    Rooms
    Bedroom 14, Bedroom 11, Bedroom 4, Bedroom 9, Bedroom 7, Bedroom 15, Bedroom 1, Basement, Bedroom 2, Bedroom 10, Bedroom 13, Bedroom 5, Bedroom 8, Bedroom 12, Bedroom 6, Bedroom 3
    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

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    Listing Contact
    Efrayim Lax

    Listing agent Efrayim Lax License #1751383

    Listing office Keller Williams Realty Monmouth/Ocean 353 N County Line Road, Jackson, NJ

    Listing date Apr 20, 2026

    MLS# 22610997 Listing URL

    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.

    HighLights

    • Year built 1900 with public water and public sewer
    • 17 total units across two buildings, sold as a package
    • Unit mix: 2 one‑bedroom, 5 two‑bedroom, and 1 three‑bedroom
    • Renovations include new carpet and vinyl floors, fresh paint, and new bathrooms and kitchens (in this building)
    • Asking $1,600,000 for all 17 units; package includes 125 W Commerce (MLS 22610999)

    Overview

    This offering includes a multifamily residential income property consisting of two buildings with a total of 8 units. The units feature a mix of layouts, including 2 one-bedroom units, 5 two-bedroom units, and 1 three-bedroom unit. Recent improvements include new carpet and vinyl flooring, fresh paint, along with newly updated bathrooms and kitchens.

    The property is located at 105-107 Atlantic Street in Bridgeton, New Jersey, in Cumberland County. It is presented as part of a package offering, with the public remarks indicating it is being sold together with 125 W Commerce.

    For buyers seeking a smaller, renovation-completed apartment-style income asset, this configuration offers multiple unit types within the same ownership group. The described capital improvements may reduce near-term refresh needs and support a straightforward leasing plan across one-, two-, and three-bedroom demand segments. The property is offered for sale as a complete package tied to the specified included asset in the remarks.

    Local 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 (±1% cap)
    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 (±1% cap)
    NOI $307,749 @ 7.0% cap · market cap 44.03%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Bridgeton
    County
    Cumberland
    State
    New Jersey
    Longitude
    -75.237865
    Latitude
    39.426238

    FAQs

    What type of property is this?
    Apartment building - Two-building multifamily with newly renovated units and a mix of one-, two-, and three-bedroom layouts for income-focused buyers.
    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: Year built 1900 with public water and public sewer; 17 total units across two buildings, sold as a package; Unit mix: 2 one‑bedroom, 5 two‑bedroom, and 1 three‑bedroom
    More about this property
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