$1,000,000

Estimated payment $6,724/month

Total Views 389,052
-- Bed
-- Bath
6,200 Sq Ft
$161 Price per Sq Ft

Highlights

  • Traditional Architecture
  • Radiator
  • 1-minute walk to Cooper Street/Rutgers

About This Home

**The next proposed Group Showings (not an open house), will be Friday (8/1) @ 1:00p** Rare opportunity to buy two 10 unit Buildings for a total of 20 units Rutgers University Portfolio consisting of two x10 unit buildings situated in an Opportunity Zone half a block to Rutgers University Campus. You can't get much closer than this! True ProForma at its best. Both buildings provide immense intrinsic value - don't miss the opportunity to turn these buildings into the cash flow kings they should be. Rents could be much higher than they presently are. Prime opportunity to provide upscale student housing. Possibility to combine both driveways in between the 115 N 3rd and 119 N 3rd in order to maximize parking. 115 N 3rd St consists of x10 residential units & 119 N 3rd consists of x9 residential units and x1 storefront. May be purchased as a package or separately. Each Building is 1mm for a total of 2mm for both.

Listing Agent

Patrick Gorman

(856) 986-2482 patrick.gorman@gormangrouprealtors.com Keller Williams - Main Street Listed on: 03/24/2025

Keller Williams - Main Street

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,063

Year Built

  • Built in 1960

Lot Details

  • 3,960 Sq Ft Lot
  • Lot Dimensions are 33.00 x 0.00

Home Design

  • 6,200 Sq Ft Home
  • Traditional Architecture
  • Brick Exterior Construction
  • Permanent Foundation

Utilities

  • Window Unit Cooling System
  • Radiator
  • Electric Water Heater

Community Details

  • 4 Units
  • 6 Vacant Units

Listing and Financial Details

  • Tax Lot 00014
  • Assessor Parcel Number 08-00074-00014

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,063

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1960
  • Remarks Public: **The next proposed Group Showings (not an open house), will be Friday (8/1) @ 1:00p** Rare opportunity to buy two 10 unit Buildings for a total of 20 units Rutgers University Portfolio consisting of two x10 unit buildings situated in an Opportunity Zone half a block to Rutgers University Campus. You can't get much closer than this! True ProForma at its best. Both buildings provide immense intrinsic value - don't miss the opportunity to turn these buildings into the cash flow kings they should be. Rents could be much higher than they presently are. Prime opportunity to provide upscale student housing. Possibility to combine both driveways in between the 115 N 3rd and 119 N 3rd in order to maximize parking. 115 N 3rd St consists of x10 residential units & 119 N 3rd consists of x9 residential units and x1 storefront. May be purchased as a package or separately. Each Building is 1mm for a total of 2mm for both.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Foundation Details: Permanent
  • Total Sq Ft: 6200
  • Living Area Sq Ft: 6200
  • Price Per Sq Ft: 161.29
  • Above Grade Finished Sq Ft: 6200
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 115

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: CAMDEN CITY SCHOOLS
  • School District Key: 300200396977
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.09
  • Lot Dimensions: 33.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3960.00
  • Year Assessed: 2024
  • Zoning: RESIDENTIAL

Rental Info

  • Units Leased Count: 4
  • Vacation Rental: No

Multi Family

  • Number Of Units Vacant: 6
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 8,Unit 3,Unit 6,Unit 7,Unit 9,Unit 10

Tax Info

  • Tax Annual Amount: 17063.00
  • Assessor Parcel Number: 08-00074-00014
  • Tax Lot: 00014
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: CAMDEN CITY SCHOOLS

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2025 03/24/25 For Sale $1,000,000 0.0% $161 / Sq Ft
09/01/2020 09/01/20 Rented $1,075 0.0% --
08/19/2020 08/19/20 Price Changed $1,075 -6.5% --
06/04/2020 06/04/20 For Rent $1,150 0.0% --
06/04/2020 06/04/20 Rented $1,150 0.0% --
04/28/2020 04/28/20 For Rent $1,150 -- --
Source: Bright MLS

About the Listing Agent

Patrick Gorman

Keller Williams - Main Street

(856) 856-1862

Section Image

When you work with Patrick, you will receive a knowledgeable and professional real estate agent, a committed ally to negotiate on your behalf, the systems in place to streamline buying or selling your home, and the backing of the #1 Real Estate company in America, Keller Williams Realty.

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Source: Bright MLS

MLS Number: NJCD2086784

Bright MLS