501 S Broadway Gloucester City, NJ 08030
Estimated payment $2,089/month
Total Views
4,538
--
Bed
--
Bath
1,200
Sq Ft
$265
Price per Sq Ft
Highlights
- Popular Property
- Traditional Architecture
- Upgraded Countertops
- Open Floorplan
- Corner Lot
- Eat-In Kitchen
About This Home
Mixed use corner property with one residential unit and one commercial unit. Conveniently located on the main road in Gloucester City which provides great exposure and a quick commute to Philadelphia. First floor commercial unit with large showcase windows and half bath is currently occupied by a long-term tenant. Spacious 2nd floor 1 Bedroom 1 Bathroom apartment. Private entrance. Recently renovated throughout. Featuring an open floor plan with a spacious living room and an updated kitchen with new shaker cabinets, stainless steel kitchen appliances, upgraded countertops new luxury vinyl flooring throughout and a large primary bedroom with two closets. Unit has a new compact washer and dryer in the main bathroom. The full basement which is accessible by both units via exterior BILCO doors is perfect for added storage space and it houses the utilities. There is also a small patio area on the rear of the building. There are three 100amp electric panels and three electric meters, two gas meters, one new heating system Oct 2022 with two zones, one hot water heater and one fire alarm monitoring system. Both units are currently under lease agreement. Excellent investment opportunity with positive cash flow. Commerical Listing MLS NJCD2100720
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,306
Year Built
- Built in 1922
Lot Details
- 884 Sq Ft Lot
- Lot Dimensions are 17.00 x 52.00
- Corner Lot
- Back Yard
- Property is in good condition
Parking
- On-Street Parking
Home Design
- Duplex
- Traditional Architecture
- Flat Roof Shape
- Brick Exterior Construction
- Block Foundation
- Asphalt Roof
Interior Spaces
- Bathtub with Shower
- 1,200 Sq Ft Home
- Open Floorplan
- Ceiling Fan
- Recessed Lighting
- Combination Dining and Living Room
- Luxury Vinyl Plank Tile Flooring
- Basement Fills Entire Space Under The House
Kitchen
- Eat-In Kitchen
- Electric Oven or Range
- Built-In Microwave
- Dishwasher
- Upgraded Countertops
Laundry
- Dryer
- Washer
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Patio
Utilities
- Window Unit Cooling System
- Hot Water Baseboard Heater
- Electric Baseboard Heater
- 100 Amp Service
- Natural Gas Water Heater
Community Details
- 2 Units
- Pine Grove Subdivision
Listing and Financial Details
- Tax Lot 00020
- Assessor Parcel Number 14-00125-00020
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 |
|---|---|---|---|---|
| 2025 | $4,306 | $85,900 | $12,000 | $73,900 |
| 2024 | $4,298 | $85,900 | $12,000 | $73,900 |
| 2023 | $4,298 | $85,900 | $12,000 | $73,900 |
| 2022 | $4,042 | $85,900 | $12,000 | $73,900 |
| 2021 | $4,001 | $85,900 | $12,000 | $73,900 |
| 2020 | $3,864 | $85,900 | $12,000 | $73,900 |
| 2019 | $3,785 | $85,900 | $12,000 | $73,900 |
| 2018 | $3,711 | $85,900 | $12,000 | $73,900 |
| 2017 | $3,634 | $85,900 | $12,000 | $73,900 |
| 2016 | $3,497 | $85,900 | $12,000 | $73,900 |
| 2015 | $3,149 | $85,900 | $12,000 | $73,900 |
| 2014 | $3,027 | $57,700 | $7,200 | $50,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/27/2025 08/27/25 | For Sale | $318,200 | 0.0% | $265 / Sq Ft |
| 06/06/2025 06/06/25 | Rented | $1,350 | 0.0% | -- |
| 05/14/2025 05/14/25 | Price Changed | $1,350 | -6.9% | $2 / Sq Ft |
| 03/18/2025 03/18/25 | Price Changed | $1,450 | +5.5% | $2 / Sq Ft |
| 03/17/2025 03/17/25 | For Rent | $1,375 | 0.0% | -- |
| 02/21/2025 02/21/25 | Under Contract | -- | -- | -- |
| 01/06/2025 01/06/25 | For Rent | $1,375 | +37.5% | -- |
| 03/20/2023 03/20/23 | Rented | $1,000 | 0.0% | -- |
| 03/12/2023 03/12/23 | Under Contract | -- | -- | -- |
| 02/12/2023 02/12/23 | For Rent | $1,000 | -- | -- |
Source: Bright MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | $125,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $90,000 | New Conventional |
Source: Public Records
About the Listing Agent
Proud Team Leader of a group of fantastic Real Estate Agents including a Bi-Lingual English Spanish Speaking Agent. SRES® Senior Real Estate Specialist and Full-time Licensed Real Estate Professional since 2014. Over $38 Million Sold. Volunteer at St. Paul's School Burlington for over 20 years as their Cheer Director/Coach. Past Girl Scout Leader and Member of the Girl Scout Organization running community fundraisers and Cookie Sales. Life-long resident of Burlington Township. Married 33 years.
Maria's Other Listings
Source: Bright MLS
MLS Number: NJCD2100704
APN: 14-00125-0000-00020
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