Mixed-Use Brick Investment
32-34 W Blackwell St Dover, NJ 07801
32-34 W Blackwell St, Dover, NJ, 07801
Contact for pricing
For Sale
Contact for pricing
Pending
Fully occupied mixed-use building with 10 apartments and two leased street-level retail/office spaces.
Property Size16,375 SF
Lot Size0.20 Acres
Days on Market90
Property Features for 32-34 W Blackwell St
General Information
- Standard status
- Pending
- Size
- 16,375 SF
- Lot size
- 0.20 Acres
- Property subtype
- Mixed Use
Listing agency
Keller Williams Metropolitan
Listed by
Edwin Kalinka · License #9132056
Source
Crexi
Added: Apr 24 Updated: Jul 22 at 5:23PM Checked: Jul 22 at 5:23PM
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Investment Insights
Based on property information with market context.
32-34 W Blackwell St is a fully occupied mixed-use brick building totaling approximately 16,375± SF. The property includes two leased street-level retail/office spaces along high-visibility Blackwell Street and 10 fully occupied residential apartments made up of three studio and seven one-bedroom units. A lower-level tenant provides community place of worship use across two units.
The building features a full walk-out basement and additional finished space that currently needs TLC and is used for storage/office, offering potential for value-add renovation. Rear access with limited parking is provided, with direct adjacency to a public municipal lot. The property is located in Dover’s Historic Downtown District, with proximity described as a few blocks to train service and approximately two blocks to the Dover NJ Transit train station.
Zoned D-2 (Downtown Historic Revitalization), the building sits on an approximately 0.20-acre lot. Updated systems are noted. The seller-provided investment snapshot includes gross income of approximately $243,816/year, NOI of approximately $180,281/year, and annual taxes of approximately $47,834, with rent roll and expense detail available upon request with a signed NDA.
The building features a full walk-out basement and additional finished space that currently needs TLC and is used for storage/office, offering potential for value-add renovation. Rear access with limited parking is provided, with direct adjacency to a public municipal lot. The property is located in Dover’s Historic Downtown District, with proximity described as a few blocks to train service and approximately two blocks to the Dover NJ Transit train station.
Zoned D-2 (Downtown Historic Revitalization), the building sits on an approximately 0.20-acre lot. Updated systems are noted. The seller-provided investment snapshot includes gross income of approximately $243,816/year, NOI of approximately $180,281/year, and annual taxes of approximately $47,834, with rent roll and expense detail available upon request with a signed NDA.
Key Highlights
- 16,375± SF mixed‑use brick building in Dover’s Historic Blackwell District, fully occupied
- 2 leased street‑level retail/office spaces on Blackwell Street
- 10 fully occupied residential apartments: 3 studio and 7 one‑bedroom units
Property Analytics
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Apartment building - Fully occupied mixed-use building with 10 apartments and two leased street-level retail/office spaces.
Where is this apartment building located?
The property is located at 32-34 W Blackwell St Dover, NJ.
What are key features of this property?
This property features: 16,375± SF mixed‑use brick building in Dover’s Historic Blackwell District, fully occupied; 2 leased street‑level retail/office spaces on Blackwell Street; 10 fully occupied residential apartments: 3 studio and 7 one‑bedroom units
