Property Description

NEW PRICE! CASH FLOW PROPERTY $30K Per YEAR NET! Plus an additional lot zoned Community Commercial. FANTASTIC HIGH PROFILE LOCATION! AMAZING INVESTMENT/RENTAL OPPORTUNITY! UNIQUE RENTAL PROPERTY with POSITIVE CASH FLOW totaling $3,600 GROSS PER MONTH! Situated on nearly 2-ACRES, this property is zoned for RESIDENTIAL-COMMUNITY COMMERCIAL. Property includes a Single-Family Residential 4 Bed, 2.5 Bath Home, FULLY-TENANTED Modular Home that was FULLY RENOVATED within the last year, OVERSIZED 3-Bay Detached Garage, 2-Bay Detached Garage, 1-Car Detached Garage and large Barn. An additional THE VACANT LOT NEXT DOOR is included and can be used to serve MULTIPLE PURPOSES, especially for a LANDSCAPER or CONTRACTOR looking for a place to park their equipment. Lot is NOT approved for the building of an additional house, but you are permitted to build a POLE BARN or ADDITIONAL GARAGE as needed. Located in the COMMUNITY COMMERCIAL DISTRICT, uses permitted within the Borough of Sewell include RETAIL TRADE, DINING OR DRINKING PLACE, BANKING FACILITY, PROFESSIONAL OFFICE, PERSONAL BUSINESS SERVICE ESTABLISHMENT or RETAIL GARDEN CENTER. The favorable FLEXIBLE CC-ZONING TERMS offers you, the investor, SIGNIFICANT FUTURE UPSIDE and the unique opportunity to reposition the asset LONG-TERM to capitalize on your FUTURE GROWTH. Located on busy MAIN ST, with residential surrounding, the property is well-situated to serve a dense residential community of 37,112 RESIDENTS (1,284 people per sq. mile) within a 5-mile radius and an average median of $90,612/ANNUALLY. This population density makes the site desirable for retaining CURRENT TENANTS and also attractive PROSPECTIVE LONG-TERM TENANTS. Approved for OFF-STREET PARKING LOT, achievable through EMPTY LOT included with property. Tons of RENTAL OPPORTUNITY offered for the potential of ADDITIONAL CASH FLOW with RENTAL OPPORTUNITY through EXISTING STRUCTURES, including Single-Family Home, multiple Detached Garages and Pole Barn. Just minutes from all highway ramps including Rt-55 & 295 N/S for easy access to and from your location. Don’t miss this INCREDIBLE COMMERCIAL OPPORTUNITY.

Features
: Forced air
: Wall unit
: Street, Trees/woods
: Mantel(s), Brick, Wood
: Shingle
: Paved parking, Public
N
: Vinyl siding
: Exterior Lighting
: Wood, Fully Carpeted, Tile/brick
6
: Floor plan - traditional, Dining Area, Wood Floors, Breakfast Area, Family Room Off Kitchen, Pantry, Ceiling Fan(s), Carpet
N
: Colonial, Modular/pre-fabricated
: Electric
: Oil
: Oil
: Main, Upper 1
: Backs to trees, Partly Wooded
N
: Microwave, Refrigerator, Stove, Oven - Single
Address Map
Located off Main St
MLS Addon
Annually
Annually
BELLS
WASHINGTON TWP. H.S.
CHESTNUT RIDGE
WASHINGTON TOWNSHIP PUBLIC SCHOOLS
2,168 Sqft
2
: Detached
2,168 Sqft
$9,016
2020
CC-ZONING
: Septic Exists
: Public
N
$0

Residential For Sale

642 MAIN STREET, SEWELL, New Jersey 08080

4 Bedrooms
2 Bathrooms
2,168 Sqft
$300,000
Listing ID #NJGL273486
Basic Details
Property Type : Residential
Status : ACTIVE
Listing ID : NJGL273486
Price : $300,000
Bedrooms : 4
Bathrooms : 2
Half Bathrooms : 1
Sqft : 2,168 Sqft
Year Built : 1790
Lot Area : 1.19 Acre
Subdivision Name : NONE AVAILABLE
Price Per SQFT : $138
Lot SQFT : 51,836 Sqft
Ownership Interest : Fee Simple
Contact Agent