Renovated 8-Unit 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 Market181
Property Features for 105-107 Atlantic Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
15
Rooms
Bedroom 13, Bedroom 6, Bedroom 8, Bedroom 10, Bedroom 1, Bedroom 5, Bedroom 15, Bedroom 11, Bedroom 12, Basement, Bedroom 4, Bedroom 2, Bedroom 14, Bedroom 9, Bedroom 3, Bedroom 7
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
(347) 856-6159
Added: Apr 20
Changed: Oct 2
Last Checked: Oct 17 at 1:06AM
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.
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Investment Insights
Based on property information with market context.
This multifamily property includes two apartment buildings with 8 residential units. The unit mix consists of 2 one-bedroom apartments, 5 two-bedroom apartments, and 1 three-bedroom apartment. Renovation work includes new carpet and vinyl flooring, refreshed paint, updated kitchens, and new bathrooms across the units.
Built in 1900, the property is located at 105-107 Atlantic Street in Bridgeton, New Jersey. Public water and public sewer serve the buildings. The combination of multiple residential layouts and completed interior improvements provides a clear physical profile for apartment ownership or operation.
Built in 1900, the property is located at 105-107 Atlantic Street in Bridgeton, New Jersey. Public water and public sewer serve the buildings. The combination of multiple residential layouts and completed interior improvements provides a clear physical profile for apartment ownership or operation.
Key Highlights
- 8 units across two apartment buildings
- Unit mix includes 2 one‑bedroom, 5 two‑bedroom, and 1 three‑bedroom apartments
- Renovations include new kitchens and bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,053
Cap Rate
5.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$701,060
$701.1K
Cap Rate 7%
$500,757
$500.8K
Cap Rate 9%
$389,478
$389.5K
Market Conditions
NOI Build-Up for 2,928 SF
Gross rent
$68.2K $23.28/SF
− Vacancy
−$4.4K −$1.51/SF
EGI
$63.7K $21.77/SF
− OpEx
−$28.7K −$9.80/SF
NOI
$35.1K $11.97/SF
Area
Cumberland County, NJ
Vacancy
6.50%
Lease Rate
$23.28 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$701,060
Cap Rate 7%
$500,757
Cap Rate 9%
$389,478
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.
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Property Analytics
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Current Use
Lease Details
17
Residential units
Location Intelligence
Trade Area within ½ mile
843
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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - Two renovated apartment buildings offer a mix of one-, two-, and three-bedroom units in Bridgeton.
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: 8 units across two apartment buildings; Unit mix includes 2 one‑bedroom, 5 two‑bedroom, and 1 three‑bedroom apartments; Renovations include new kitchens and bathrooms
