81 Egbert St Pemberton, NJ 08068
- Mixed-use properties
- 6,500 SF
Current Use by Public Records
- Mixed-use properties
Property Details for 81 Egbert St
- Year built
- 1950
- Property size
- 6,500 SF
- Property type
- Mixed-use properties
Description
This exceptional investment opportunity in Pemberton, New Jersey, presents a mixed-use property encompassing a substantial 6,500 square foot building and a single-family home, both currently leased. The main building, ideally suited for contractors or business owners, is divided among multiple tenants. A significant portion, approximately 2,500 square feet, is occupied by a thriving machine shop. An additional 600 square feet is leased as a small garage space. The single-family home on the property is also currently under lease, providing a consistent rental income stream. Furthermore, there is approximately 2,000 square feet of readily available space within the main building, presenting a prime opportunity to increase rental income or expand existing operations. The property sits on a 0-acre lot, offering convenient access and minimal land maintenance. Priced competitively at $399,000, this multi-tenant investment property offers a compelling return on investment with its diverse income streams and potential for future growth. The existing tenants provide a stable foundation, while the available space allows for immediate expansion or diversification of the rental portfolio. This is a rare opportunity to acquire a well-established, income-generating property in a desirable location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Pemberton
- County
- Burlington
- State
- New Jersey
- Longitude
- -74.6816
- Latitude
- 39.9709
