9,601 SqFt
9,601 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 9,601 sqft
Price per Sqft $121
MLS Listing ID NJME2054276
Year Built 1935
Annual Tax Amount $10,825
Tax Year 2024
Lot Size 9,601 Sqft
Acres 0.22
Lot Dimensions 150.00 x 64.00
Property Sub-Type Other
Source BRIGHT
Property Description
The included duplex, located at 406–408 Berg Avenue, currently generates $28,200 annually, with potential to reach $39,000. Unit #1 of the warehouse spans approximately 5,000 square feet, renting for $38,400 per year with room to increase to $60,000. Unit #2 is a mechanics bay with long-term lease in place. Units #3 and #4 can be leased together at approximately 3,840 square feet, or separately at 1,920 square feet each can potentially be leased $2400 a year. The entire property is fenced and the warehouse is equipped with a security system. This is a rare find in a desirable location, offering a mix of residential and industrial income streams. Ideal for contractors, light manufacturers, or investors.
Location
State NJ
County Mercer
Area Hamilton Twp (21103)
Zoning R-7
Interior
Hot Water Natural Gas
Heating Other
Cooling Other, Central A/C
Inclusions 406 -408 Berg Ave. MLS# NJME2054258
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Hamilton Township
Others
Tax ID 03-02325-00001
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
21 Belle Mead Griggstown Road Suite 107, Belle Mead, NJ, 08502, USA