500 Paul St Gloucester City, NJ 08030
Estimated payment $2,371/month
Highlights
- Traditional Architecture
- Tankless Water Heater
- Forced Air Heating and Cooling System
- Open Floorplan
- Ceiling height of 9 feet or more
- Property is in excellent condition
About This Home
Turnkey Mixed-Use Building at 500 Paul St – Renovated & Ready in the Heart of Gloucester City!
Welcome to 500 Paul St – a beautifully renovated mixed-use building just steps off Broadway and right next to the vibrant new Irishtown mural! Packed with character, history, and income potential, this versatile property is perfect for investors or owner-occupants looking to live, work, and thrive in one of South Jersey’s most exciting up-and-coming areas.
The first-floor commercial space was most recently a trendy coffee shop and offers a wide-open layout filled with charm and flexibility. With two bathrooms (including one ADA compliant), a two-bay garage, and tons of natural light, this space is ideal for a cafe, retail shop, office, studio, maker space—you name it! The possibilities are endless.
Upstairs, the spacious 2-bedroom apartment has been fully updated with modern finishes, including luxury plank flooring, custom cabinetry, and gorgeous Quartz countertops that are naturally antimicrobial. Add in the tankless hot water heater, oversized bedrooms, and a private roof deck, and you’ve got a rental unit that’s as desirable as it is functional. Currently rented for $1,730/month to a reliable tenant.
The previous tenant of the commercial space paid $1,800/month, giving this property a total rent potential of $3,530/month!
And let’s not forget the local legend—this building was once home to Orlando’s, the beloved eatery credited with bringing buffalo wings to the region. A little piece of Gloucester City history, now ready for its next chapter.
Highlights include:
Fully renovated mixed-use property
Flexible commercial space with 2 bathrooms and garage
Updated 2BR apartment with luxury finishes and roof deck
High income potential – the numbers work!
Just steps from Broadway and local hotspots
Ideal for investors or live/work owners
Opportunities like this don’t come around often. Make your move on 500 Paul St today—schedule your showing before it’s gone! - *At least one member of the selling/renting entity is a licensed NJ and PA real estate salesperson.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,670
Year Built
- Built in 1900 | Remodeled in 2018
Lot Details
- 1,943 Sq Ft Lot
- Lot Dimensions are 18.00 x 108.00
- Property is in excellent condition
Home Design
- Duplex
- Traditional Architecture
- Flat Roof Shape
- Brick Exterior Construction
- Block Foundation
- Stone Foundation
Interior Spaces
- Ceiling height of 9 feet or more
- Open Floorplan
- Vinyl Flooring
- Basement Fills Entire Space Under The House
- Washer and Dryer Hookup
Kitchen
- Gas Oven or Range
- Dishwasher
Parking
- Public Parking
- On-Street Parking
Outdoor Features
- Exterior Lighting
Utilities
- Forced Air Heating and Cooling System
- Cooling System Utilizes Natural Gas
- 100 Amp Service
- Tankless Water Heater
- Natural Gas Water Heater
- Cable TV Available
Listing and Financial Details
- Tax Lot 00014
- Assessor Parcel Number 14-00161 01-00014
Community Details
Overview
- 2 Units
- 2-Story Building
Building Details
- 1 Vacant Unit
Map
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 |
|---|---|---|---|---|
| 2025 | $7,670 | $153,000 | $20,400 | $132,600 |
| 2024 | $7,656 | $153,000 | $20,400 | $132,600 |
| 2023 | $7,656 | $153,000 | $20,400 | $132,600 |
| 2022 | $7,199 | $153,000 | $20,400 | $132,600 |
| 2021 | $7,127 | $153,000 | $20,400 | $132,600 |
| 2020 | $6,882 | $153,000 | $20,400 | $132,600 |
| 2019 | $6,741 | $153,000 | $20,400 | $132,600 |
| 2018 | $0 | $153,000 | $20,400 | $132,600 |
| 2017 | $0 | $153,000 | $20,400 | $132,600 |
| 2016 | $0 | $153,000 | $20,400 | $132,600 |
| 2015 | -- | $153,000 | $20,400 | $132,600 |
| 2014 | -- | $114,800 | $10,100 | $104,700 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/18/2025 07/18/25 | For Sale | $325,000 | 0.0% | -- |
| 11/30/2018 11/30/18 | Rented | $1,180 | 0.0% | -- |
| 10/24/2018 10/24/18 | Price Changed | $1,180 | -3.7% | $1 / Sq Ft |
| 08/24/2018 08/24/18 | For Rent | $1,225 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | -- | Surety Title | |
| Deed | -- | Surety Title Co | |
| Deed | $25,000 | -- | |
| Bargain Sale Deed | $37,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $735,000 | New Conventional |
Source: Bright MLS
MLS Number: NJCD2097980
APN: 14-00161-01-00014
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