Turnkey Renovated Multifamily
105-107 Atlantic Street Bridgeton, NJ 08302
For Sale
$699,000
MULTI_FAMILY - Bridgeton, NJ
Property Size2,928 SF
Price / SF$238.73
Days on Market98
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
Listing Agency:
Keller Williams Realty Monmouth/Ocean
(732) 942-5280
Listed By:
Efrayim Lax · License #1751383
(732) 942-5280
Added: Apr 20
Changed: Jun 10
Last Checked: Jul 26 at 6:06AM
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.
Investment Insights
Based on property information with market context.
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.
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.
Key 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
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
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
