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    Mixed-Use Building with Income Potential

    94 E BROWNING Road Bellmawr, NJ 08031

    Claim this Listing
    For Sale
    $750,000

    MULTI_FAMILY - Other - BELLMAWR, NJ

    Property size:
    4,000 SF
    Lot size:
    0.13 Acres
    Price / SF:
    $187/SF
    Added:
    May 15, 2026
    Days on Market:
    57
    Last Refresh:
    Jul 10 at 11:06 pm

    Property Features for 94 E BROWNING Road

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Parking features
    On Street, Driveway
    Standard status
    Active
    Size
    4,000 SF
    Lot size
    0.13 Acres

    Taxes and HOA fees

    Tax Annual Amount
    11349

    Utilities

    Heating system
    Baseboard, Electric (Heating), Other (Heating)

    Building Details

    Year built
    1955
    Number of units
    4
    Building materials
    Block
    Architectural style
    Other

    Listing agent Nathaniel S Parker License #1967862

    Listing office RE/MAX Select - Princeton 343 Nassau Street, Princeton, NJ

    Listing date May 15, 2026

    MLS# NJCD2117796 Listing URL

    Copyright © 2026 Bright 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 mixed-use building in BELLMAWR, NJ, features three residential apartments and two retail storefronts. The property is fully occupied with long-term leases in place. The building generates an annual income of $87,900. The units consist of one one-bedroom, one-bathroom apartment; another one-bedroom, one-bathroom apartment; a three-bedroom, one-bathroom apartment; a nail salon storefront; and an art/tattoo studio storefront. Tenants are responsible for their own gas, heat, electric, hot water, and sub-metered water utilities. The property has undergone several updates, with potential for further rent increases. The property size is 4,000 square feet and the lot size is 0.1288 acres.

    Key Highlights

    • 5‑unit mixed‑use building with 3 residential apartments and 2 retail storefronts
    • No current vacancies; all units have long‑term written leases in place
    • Total lease income is $87,900 annually with leases just increased and renewed

    Local Financial Insights For Mixed Use

    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 $72.0k $18.00
    − Vacancy −$5.0k −$1.26
    EGI $67.0k $16.74
    − OpEx −$25.1k −$6.28
    NOI $41.9k $10.46
    4,000 SF · lease $18.00/SF/yr · vacancy 7.00% · expense 37.50%

    Alternative Uses

    Best Use
    Mixed Use
    $597.9K
    $523.1K – $697.5K (±1% cap)
    NOI $41,850 @ 7.0% cap · market cap 5.58%
    Second Best
    Apartment 5plus
    $580.3K
    $507.8K – $677.0K (±1% cap)
    NOI $40,622 @ 7.0% cap · market cap 5.42%
    Theoretical Best
    Office A
    $1.01M
    $887.4K – $1.18M (±1% cap)
    NOI $70,995 @ 7.0% cap · market cap 9.47%
    Zoning and permitted uses should be independently verified with local authorities.

    Property Analytics

    Property Profile Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Real Estate Agency Law Firm Dental Office Spa & Massage Center Hair Salon Pharmacy Daycare Center Skin Care Clinic Nail Salon Parking Lot & Garage

    Zoning and permitted uses should be independently verified with local authorities.

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    FAQs

    What type of property is this?
    Mixed-use property - Five-unit mixed-use building with long-term leases and income potential.
    Where is this mixed-use property located?
    The property is located at 94 E BROWNING Road Bellmawr, NJ.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: 5‑unit mixed‑use building with 3 residential apartments and 2 retail storefronts; No current vacancies; all units have long‑term written leases in place; Total lease income is $87,900 annually with leases just increased and renewed
    Contact an agent
    (609) 921-4511
    We can help!
    Contact an agent
    Nathaniel S Parker
    Real Estate License ID: 1967862
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