Property Description

Commercial property located right heart of Rutgers Campus in Camden. Current property seller operated the restaurant from 2008 to 2015. They bought the property on 2013. The property is on 2 lots, 319,321 sf. and 1900 SF of interior space This is only commercial property left in zone 2, zone 2 expends all of Rutgers Camden Campus to the Pier. This property can be converted into residential / commercial property. Zone 2 is under the UEZ program, which stand for “Urban Enterprise Zone”. Within this zone a lot of tax and incentives break to business. Sale Tax is 3.5% and more. Please refer to the link to the broad benefits. Sewage Bill per quater is about $85 – $89, Currently the space is rented at $2,000 ends on year 2025. All major appliances and equipments and furniture is the property of seller, so it will be included in the sale. Ideal business model for Airbnb can be extra income. Please note the survey in uploaded.

Features
: 90% forced air
: Central a/c
N
: Block
N
: Natural Gas
: Natural gas
: Natural gas
N
Address Map
Use your GPS
MLS Addon
Annually
Annually
CAMDEN CITY SCHOOLS
$4,694
2020
COM
: Public Septic, Private Sewer
: Public
N
$0

Commercial Sale For Sale

319 FRIENDS AVENUE, CAMDEN, New Jersey 08102

$300,000
Listing ID #NJCD421774
Basic Details
Property Type : Commercial Sale
Status : ACTIVE
Listing ID : NJCD421774
Price : $300,000
Year Built : 1918
Lot SQFT : 0 Sqft
Ownership Interest : Fee Simple
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