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Five-Unit Apartment Building with Commercial Units
For Sale
Under Contract
$375,000

88-90 Hanover Street, Pemberton, NJ 08068

Commercial Sale, Pemberton Bor, NJ

Property Size6,000 SF
Lot Size0.05 Acres
Price / SF$62.50
Days on Market863

Property Features for 88-90 Hanover Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Parking features On Street
Lot features Commercial Area
Directions Pemberton Brown Mills Rd. to Hanover Street or Please use GPS
Standard status Active Under Contract
APN 280040000019
Size 6,000 SF
Lot size 0.05 Acres

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 191900

Utilities

Sewer type Public Sewer
Heating system Forced Air, Electric (Heating)
Cooling system Window Unit(s)
Water source Public

Building Details

Year built 1787
Floors in Building 2
Flooring type Concrete, Tile - Ceramic, Wood
Building materials Brick, Vinyl Siding, Wood Siding
Roof type Slate
Listing Agency: EXP REALTY, LLC
Listed By: Samuel Punzi · License #1327494
Added: Apr 12, 2024 Changed: Aug 19 Last Checked: Aug 22 at 5:06AM
MLS# 2410265R

Copyright © 2026 All Jersey 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 five-unit apartment building at 88-90 Hanover Street combines residential rentals with two commercial units. The configuration includes three residential units plus two commercial units, with a spacious ground-level storage/maintenance area that leads to a basement. The basement has individual gas and electric meters for each unit.

The property sits on a 0.0535-acre lot with a listed building size of 6,000 square feet. Constructed in 1787, the exterior uses brick with vinyl siding and wood siding, and the roof is slate. Interior flooring includes concrete, wood, and ceramic tile.

Heating is provided via forced air and electric (heating), with window unit cooling. Water and sewer are public, and parking is on-street. The building also includes attic/storage space referenced as a potential area for future residential conversion.

Key Highlights

  • Five‑unit building with two commercial units and three residential units at 88‑90 Hanover Street
  • 0.0535‑acre lot with 6,000 square feet building size
  • Basement includes individual gas and electric meters for each unit

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Parking Lot & Garage HVAC Service Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

160
Businesses Nearby

Demographics for 08068, NJ

6,628
Population
2,888
Households
2.3
Avg Household Size
42
Median Age
24%
College-Educated
92%
High-School Grad
23.3 sq mi
ZIP Area
284
Density / Sq Mi
$79,570
Median Household Income
$48,498
Median Earnings
$1,100
Median Rent
$256,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Five-unit apartment building with two commercial units, three residential units, and individual gas and electric meters for each unit.
Where is this apartment building located?
The property is located at 88-90 Hanover Street Pemberton, NJ.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Five‑unit building with two commercial units and three residential units at 88‑90 Hanover Street; 0.0535‑acre lot with 6,000 square feet building size; Basement includes individual gas and electric meters for each unit
More about this property
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