Mixed-Use Building with
200-204 Bellevue Ave, Hammonton, NJ 08037
For Sale
Contact for pricing
The occupied property combines commercial storefronts with apartment space in downtown Hammonton.
Property Size9,515 SF
Price / SF$189.07
Days on Market8
Property Features for 200-204 Bellevue Ave
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Zoning
Occupancy
Site & Location
Corner Location
Mixed-Use Components
Additional Details
Asking Price
Tenant in Place
Amenities
facade signage
Building Details
Tenancy
Listing Agency:
Vantage Real Estate Services Cherry Hill
Listed By:
Leor Hemo · License NJ #0681182
(215) 514-1750
Source:
Crexi
Added: Nov 4
Changed: Nov 8
Last Checked: Nov 10 at 6:21AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Vantage Real Estate Services Cherry Hill
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This mixed-use building at 200-204 Bellevue Avenue and 3-5 South 2nd Street contains retail space and apartments. The property is fully occupied and includes facade signage, approximately 9,515 SF of building area, and about 13 parking spaces.
At the corner of Bellevue Avenue and South 2nd Street in downtown Hammonton, the property is zoned 4A Commercial.
At the corner of Bellevue Avenue and South 2nd Street in downtown Hammonton, the property is zoned 4A Commercial.
Key Highlights
- Approximately 9,515 SF of mixed‑use building area
- Fully occupied with retail and apartment space
- About 13 parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$141,298
Cap Rate
7.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,825,960
$2.8M
Cap Rate 7%
$2,018,543
$2.0M
Cap Rate 9%
$1,569,978
$1.6M
Market Conditions
NOI Build-Up for 9,515 SF
Gross rent
$256.9K $27.00/SF
− Vacancy
−$30.8K −$3.24/SF
EGI
$226.1K $23.76/SF
− OpEx
−$84.8K −$8.91/SF
NOI
$141.3K $14.85/SF
Area
Atlantic County, NJ
Vacancy
12.00%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,825,960
Cap Rate 7%
$2,018,543
Cap Rate 9%
$1,569,978
Alternative Uses
Best Use
Mixed Use
$2.02M
$1.77M – $2.35M
NOI $141,298 @ 7.0% cap · market cap 7.85%
Second Best
Apartment 5plus
$1.36M
$1.19M – $1.59M
NOI $95,242 @ 7.0% cap · market cap 5.29%
Theoretical Best
Warehouse
$3.54M
$3.10M – $4.13M
NOI $248,033 @ 7.0% cap · market cap 13.79%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
691
Businesses Nearby
Explore this area
Business Placement
Demographics for 08037, NJ
23,814
Population
9,682
Households
2.5
Avg Household Size
44
Median Age
29%
College-Educated
90%
High-School Grad
122.5 sq mi
ZIP Area
194
Density / Sq Mi
$83,762
Median Household Income
$40,668
Median Earnings
$1,297
Median Rent
$307,700
Median Home Value
Market
Average Price Trend$/SF for Mixed-use properties in Atlantic County, NJ
Properties on Market for Mixed-use properties in Atlantic County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - The occupied property combines commercial storefronts with apartment space in downtown Hammonton.
Where is this mixed-use property located?
The property is located at 200-204 Bellevue Ave Hammonton, NJ.
What is the asking price?
The asking price for this property is $1,799,000.
What are key features of this property?
This property features: Approximately 9,515 SF of mixed‑use building area; Fully occupied with retail and apartment space; About 13 parking spaces
