112 W Merchant St Audubon, NJ 08106
Estimated payment $3,910/month
Total Views
87,527
2
Beds
1.5
Baths
2,080
Sq Ft
$288
Price per Sq Ft
Highlights
- Wood Flooring
- Laundry Room
- Property is near shops
- Living Room
- Kitchen Island
- Forced Air Heating System
About This Home
Prime Property in the Heart of Audubon! A fantastic investment opportunity in Audubon's thriving business district! The property has a 5k per month potential for an annual 10% cap rate. This versatile property features a spacious ground-floor commercial unit with modern black-framed windows that provide excellent visibility and curb appeal. Ideal for a restaurant, caf, or retail space, this unit offers the perfect setting for outdoor seating and heavy foot traffic from nearby businesses. Whether you're launching a new venture or expanding an existing one, this high-exposure location is a turnkey solution for success. Upstairs, a beautifully renovated 2-bedroom, 1-bath residential unit awaits. The open-concept living space boasts a modern kitchen with quartz countertops, a spacious island, and sleek stainless-steel appliances. A charming southern-style porch offers a cozy retreat, perfect for unwinding after a long day. Each unit includes two designated parking spaces at the rear of the property, adding convenience for tenants and business owners alike. Whether you're an investor seeking rental income or a business owner looking for a live/work opportunity, this property offers unmatched flexibility and potential. Don't miss out on this prime Audubon location-schedule your showing today!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,141
Year Built
- Built in 1920
Lot Details
- 2,814 Sq Ft Lot
- Lot Dimensions are 22.5x125
Home Design
- Flat Roof Shape
Interior Spaces
- 2,080 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Living Room
- Utility Room
Kitchen
- Dishwasher
- Kitchen Island
Flooring
- Wood
- Laminate
Bedrooms and Bathrooms
- 2 Bedrooms
Laundry
- Laundry Room
- Dryer
- Washer
Basement
- Basement Fills Entire Space Under The House
- Basement Storage
Parking
- On-Street Parking
- Open Parking
- Assigned Parking
Location
- Property is near shops
Utilities
- Forced Air Heating System
- Gas Water Heater
Community Details
- Audubon Bor Subdivision
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $6,904 | $176,900 | $39,300 | $137,600 |
| 2023 | $6,904 | $176,900 | $39,300 | $137,600 |
| 2022 | $6,720 | $176,900 | $39,300 | $137,600 |
| 2021 | $6,441 | $176,900 | $39,300 | $137,600 |
| 2020 | $6,379 | $176,900 | $39,300 | $137,600 |
| 2019 | $6,294 | $176,900 | $39,300 | $137,600 |
| 2018 | $6,216 | $176,900 | $39,300 | $137,600 |
| 2017 | $6,087 | $176,900 | $39,300 | $137,600 |
| 2016 | $5,928 | $176,900 | $39,300 | $137,600 |
| 2015 | $5,735 | $176,900 | $39,300 | $137,600 |
| 2014 | $5,680 | $176,900 | $39,300 | $137,600 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/07/2025 03/07/25 | For Sale | $599,000 | +81.5% | $288 / Sq Ft |
| 06/18/2021 06/18/21 | Sold | $330,000 | -5.7% | $163 / Sq Ft |
| 05/02/2021 05/02/21 | Pending | -- | -- | -- |
| 04/09/2021 04/09/21 | For Sale | $349,999 | -- | $173 / Sq Ft |
Source: All Jersey MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $330,000 | Consumers Title Agency | |
| Deed | $60,000 | Servicelink Title Co | |
| Deed In Lieu Of Foreclosure | -- | None Available | |
| Deed | $313,500 | -- | |
| Deed | $79,000 | -- | |
| Deed | $56,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $62,700 | Commercial | |
| Previous Owner | $235,100 | Commercial |
Source: Public Records
Similar Homes in the area
Source: All Jersey MLS
MLS Number: 2561165M
APN: 01-00067-0000-00003-01
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