312 N 40Th Street Pennsauken, NJ $ 1,250,000
312 N 40Th Street
$ 1,250,000
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312 N 40Th Street

Pennsauken, NJ, 08110
$ 1,250,000
Baths0.0 Sq 5,000

Monthly Estimate*

$ 8,732

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Studio

Commercial Property for sale in Pennsauken, NJ

for $1,250,000. This 5,000 square foot building was built in 1920 on a lot size of 0.25.

Excellent investment opportunity!!! Property includes x10 1 Bedroom units. Features brand new water heaters, recently serviced furnaces & solar panels on the roof!! Generate some serious income AND save money on electricity while the solar panels power the property's common areas!!! Many of the units have undergone complete renovations including updated flooring, granite countertops & a stainless steel appliance package. Private resident parking lot out front. Access to shared laundry in the basement. Great opportunity for landlords as Pennsauken does not require annual registration with the city, only a DCA. This property is too good to miss, schedule a showing before it's gone!!! **This property may be sold individually or in conjunction with the properties listed at 4106-4112 Federal St, Camden, NJ 08105 & 503 Delair Ave, Pennsauken, NJ 08110 for $4.75M for the portfolio.**

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Commercial Active

Price

$ 1,250,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 14,083

Style

Apartment Building

Lot Size

0.25

Year Built

1920

Town/City

Pennsauken

County/Region

Camden

MLS | Web ID

NJCD2057708

Features
Interior
Heating Fuel Natural Gas
Hot Water Natural Gas
Heating Y/N Y
Street Suffix STREET
Central Air Y/N N
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General
Sewer Public Sewer
Heating Forced Air
Cooling None
Possession Settlement
Zoning RES
Construction Materials Brick
Year Built 1920
Property SubType Five Or More Units
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Natural Gas
Municipality CAMDEN CITY
Business Type Apartment Building
Accessibility None
County CAMDEN
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions Take E Cuthbert Blvd to Wisteria Ave in Cherry Hill. Turn left onto Wisteria Ave. Continue on Lexington Ave. Take W Maple Ave Federal St Opas and N 36th St to N 40th St in Camden. Turn left onto N 40
City PENNSAUKEN
Buyer Agent Compensation 2.5
MLS Area Camden City (20408)
Lot Size Square Feet 10999.00
Waterfront Y/N N
Street Name 40TH
Tax Annual Amount 14083.0
Price Per Sq Ft 416.67
Vacation Rental Y/N N
Days on Market 164
Standard Status Active
Year Built Source Estimated
Tax Lot 00038
Buyer Agent Compensation Type % Of Gross
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Exterior
Water Source Public
Type of Parking Parking Lot
Water View Y/N N
Building Area Total 3000.00
Lot Dimensions 110.00 x 100.00
Lot Size Acres 0.25
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 49400.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 312
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* Excluded Features
List By
Keller Williams - Main Street

Broker

patrick.gorman@gormangrouprealtors.com

Email

Affordability Calculator

$9,905
Per Month
88%
12%
0%
Monthly Principal & Interest
$8,732
Monthly Property Taxes
$1,174
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.
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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
12/14/2023$1,250,000 -73.68% Price Down
11/11/2023$4,750,000 Listed Price

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312 N 40Th Street, Pennsauken, NJ, 08110 is a Commercial Property for sale at $1,250,000 with 5,000 sqft and a lot size of 0.25. 312 N 40Th Street is a studio with 0.0 baths and was built in 1920. The property's zip code is 08110 which is in Pennsauken, NJ