45 Broad Street Elmer, NJ $ 279,900
45 Broad Street
$ 279,900
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45 Broad Street

Elmer, NJ, 08318
$ 279,900
Baths0.0 Sq 1,952

Monthly Estimate*

$ 1,955

45 Broad Street, Elmer, NJ 08318 - Image 1
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Studio

Commercial Property for sale in Elmer, NJ

for $279,900. This 1,952 square foot building was built in 1938.

Looking for a good income producing property/investment with a long term tenant? Check out this Prime Professional Medical Office Space in the Downtown/Business district of Elmer. Long term tenant (Physical Therapist) that wants to remain in property. Tenant pays $3000.00 per month triple net (tenant pays taxes, landscaping, snow removal and utilities) with cap rate about 10%. Landlord pays water and insurance (yearly approximately $3800). Off street parking and street parking available. Roof replaced in 2021. All equipment and furniture belongs to the tenant. Do not approach tenant. Don't miss this opportunity!

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Commercial Active

Price

$ 279,900

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 5,156

Style

Medical,Professional

Year Built

1938

Town/City

Elmer

County/Region

Salem

MLS | Web ID

NJSA2010150

Features
Interior
Heating Fuel Oil
Hot Water Electric
Heating Y/N Y
Street Suffix STREET
Central Air Y/N Y
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General
Sewer On Site Septic
Heating Forced Air
Cooling Central A/C
Utilities Electric Available Water Available
Possession Negotiable
Zoning COMMERCIAL
Construction Materials Brick
Exclusions All equipment and furniture belongs to the tenant.
Year Built 1938
Property SubType Office
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
Municipality ELMER BORO
Gross Income 36000.00
Business Type Medical Professional
Accessibility None
County SALEM
Insurance Expense 3100.00
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions Main Street to Broad Street
City ELMER
Buyer Agent Compensation 3
Disclosures Prop Disclosure
Total Units 0
MLS Area Elmer Boro (21703)
Lot Size Square Feet 0.00
Waterfront Y/N N
Street Name BROAD
Tax Annual Amount 5156.0
Price Per Sq Ft 143.39
Acceptable Financing Cash Conventional
Vacation Rental Y/N N
Days on Market 53
Standard Status Active
Year Built Source Assessor
Total Actual Rent 36000.00
Buyer Agent Compensation Type % Of Gross
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Exterior
Water Source Public
Type of Parking On Street Parking Lot
Water View Y/N N
Building Area Total 1952.00
Lot Dimensions 114.50 x 150.00
Lot Size Acres 0.00
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 50700.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 45
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* Excluded Features
List By
Century 21 Town & Country Realty - Woodstown

Broker

amorda@century21tcrealty.com

Email

Affordability Calculator

$2,385
Per Month
82%
18%
0%
Monthly Principal & Interest
$1,955
Monthly Property Taxes
$430
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
2/24/2024$279,900 Listed Price

Map


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45 Broad Street, Elmer, NJ, 08318 is a Commercial Property for sale at $279,900 with 1,952 sqft. 45 Broad Street is a studio with 0.0 baths and was built in 1938. The property's zip code is 08318 which is in Elmer, NJ