313 Market Street Camden, NJ $ 950,000
313 Market Street
$ 950,000
Share Save

313 Market Street

Camden, NJ, 08102
$ 950,000
Baths0.0 Sq 6,300

Monthly Estimate*

$ 6,636

313 Market Street, Camden, NJ 08102 - Image 1
313 Market Street, Camden, NJ 08102 - Image 2
313 Market Street, Camden, NJ 08102 - Image 3
Studio

Commercial Property for sale in Camden, NJ

for $950,000. This 6,300 square foot building was built in 1920 on a lot size of 0.08.

Are you an Investor looking for instant cash flow with the potential to raise rents without any improvements, look no further! Located in the heart of downtown Camden, right between City Hall and Rutgers University and in Camden Counties Opportunity Zone! 5 residential units plus a commercial storefront on the first floor. Three floors, each approximately 2,100sf each. All long term tenants, and all on significantly below market month to month leases. The perfect situation for an investor to cash flow from day one with the ability to easily increase rents, and Camden County Opportunity Zone with tax break incentives to make this a true cash cow! Interior of all units were fully remodeled in 2010 and a new roof installed about 2 years ago. Storefront on first floor is currently a thriving cafe but there's enough space to use for a restaurant, office space, additional residential units, barber/beauty salon, daycare, convenience store, laundromat, or start your own business and let the residential units pay your rent for you! Possibilities are endless. Huge basement with outside access and tons of storage space. In the back is an extra 75' of property for parking or to create an additional outdoor space. Opportunities like this don't come around every day, so don't miss this one!

See more

Commercial Active

Price

$ 950,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 9,418

Style

Apartment Building

Lot Size

0.08

Year Built

1920

Town/City

Camden

County/Region

Camden

MLS | Web ID

NJCD2044692

Features
Interior
Heating Fuel Electric
Flooring Tile/Brick Carpet
Hot Water Electric
Total Stories 3
Heating Y/N Y
Street Suffix STREET
Central Air Y/N Y
Entry Level 1
Number of Elevators 0
See more
General
Sewer Public Sewer
Heating Baseboard - Electric
Cooling Central A/C Ceiling Fan(s) Wall Unit
Utilities Water Available Sewer Available Electric Available Phone Cable TV Available
Possession Immediate
Roof Flat
Zoning COMML
Construction Materials Brick
Exclusions Personal property including cafe kitchen equipment and appliances.
Year Built 1920
Property SubType Five Or More Units
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
Municipality CAMDEN CITY
Business Type Apartment Building
Accessibility 2+ Access Exits
County CAMDEN
Operating Expense 11680.00
New Construction N
Property Type Commercial Sale
Subdivision Name NONE AVAILABLE
Possible Use Apartment Building Apartments Bar/Tavern/Lounge Barber/Beauty Bed & Breakfast Beer/Wine/Liquor Commercial Clothing Convenience Store Day Care Dry Cleaner Flex Space Florist/Nursery Food & Beverage Fo
Water Access Y/N N
Status ACTIVE
Directions I-295 S. Take I-676 N to Linden St in Camden. Take exit 5B from I-676 N. Take N 7th St and Cooper St to Market Street.
City CAMDEN
Buyer Agent Compensation 2.5
Total Units 6
MLS Area Camden City (20408)
Lot Size Square Feet 3484.80
Waterfront Y/N N
Street Name MARKET
Tax Annual Amount 9418.0
Property Condition Very Good
Price Per Sq Ft 150.79
Acceptable Financing Conventional Cash Private Other
Vacation Rental Y/N N
Days on Market 389
Location Type Downtown
Standard Status Active
Year Built Source Estimated
Tax Lot 00032
Buyer Agent Compensation Type % Of Gross
See more
Exterior
Parking Features Private
Water Source Public
Type of Parking Parking Lot On Street
Foundation Details Concrete Perimeter
Water View Y/N N
Building Area Total 6300.00
Lot Dimensions 20.00 x 120.00
Lot Size Acres 0.08
Lot Size Units Square Feet
Lot Size Source Estimated
Road Responsibility Boro/Township
Land Assessed Value 159300.00
Navigable Water Y/N N
Water Oriented Y/N N
See more
Internal Only
Street Number 1 313
See more
* Excluded Features
List By
Better Homes And Gardens Real Estate Maturo

Broker

christeti@tetirealestate.com

Email

Affordability Calculator

$7,421
Per Month
89%
11%
0%
Monthly Principal & Interest
$6,636
Monthly Property Taxes
$785
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/28/2023$950,000 -13.64% Price Down
3/27/2023$1,100,000 Listed Price

Map


See all

313 Market Street, Camden, NJ, 08102 is a Commercial Property for sale at $950,000 with 6,300 sqft and a lot size of 0.08. 313 Market Street is a studio with 0.0 baths and was built in 1920. The property's zip code is 08102 which is in Camden, NJ