569 Morton Ave Bridgeton, NJ 08302
Deerfield Township NeighborhoodEstimated payment $3,292/month
Highlights
- Corner Lot
- Ceiling Fan
- 3-minute walk to Eugenia Johnson Memorial Park
- 90% Forced Air Heating System
About This Home
Check out this wonderful business opportunity!
Mixed-use property: Includes a 2,000 sq. ft. commercial storefront and four two bedroom residential apartments ..
Revenue potential: Multiple streams of income from residential and commercial tenants.
Upgrades: Electric panels, hot water heaters, and HVAC system for the storefront have been modernized.
Utilities: Separate meters for all units, so tenants cover their own utilities—lowering landlord expenses.
Convenience: Fantastic location with easy access to RT 55, offering high visibility and accessibility.
Flexibility: Three tenants are on month-to-month leases, giving options for rent adjustments or new arrangements.
Updated systems: Modern septic installed 2020 and well systems ensure fewer maintenance headaches.
This could be ideal for an investor or owner-operator seeking passive income with minimal overhead due to the updates and tenant responsibility for utilities.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,135
Year Built
- Built in 1923
Lot Details
- 0.48 Acre Lot
- Lot Dimensions are 132 x 263
- Corner Lot
- Level Lot
- Open Lot
- Cleared Lot
- Property is in good condition
Home Design
- Quadruplex
- Brick Exterior Construction
- Brick Foundation
- Block Foundation
- Vinyl Siding
Interior Spaces
- 6,000 Sq Ft Home
- Ceiling Fan
Parking
- 12 Open Parking Spaces
- 12 Parking Spaces
- Private Parking
- Parking Lot
- Surface Parking
- Unassigned Parking
Schools
- Cumberland Reg High School
Utilities
- Cooling System Mounted In Outer Wall Opening
- 90% Forced Air Heating System
- 200+ Amp Service
- Natural Gas Water Heater
- On Site Septic
Community Details
- 2 Units
- None Available Subdivision
Listing and Financial Details
- Tax Lot 00009
- Assessor Parcel Number 03-00046-00009
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 | $5,231 | $140,500 | $29,900 | $110,600 |
| 2024 | $5,231 | $140,500 | $29,900 | $110,600 |
| 2023 | $5,135 | $140,500 | $29,900 | $110,600 |
| 2022 | $5,415 | $140,500 | $29,900 | $110,600 |
| 2021 | $5,283 | $140,500 | $29,900 | $110,600 |
| 2020 | $5,242 | $140,500 | $29,900 | $110,600 |
| 2019 | $5,020 | $140,500 | $29,900 | $110,600 |
| 2018 | $4,773 | $140,500 | $29,900 | $110,600 |
| 2017 | $4,701 | $140,500 | $29,900 | $110,600 |
| 2016 | $4,645 | $140,500 | $29,900 | $110,600 |
| 2015 | $4,478 | $140,500 | $29,900 | $110,600 |
| 2014 | $4,346 | $140,500 | $29,900 | $110,600 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/24/2025 05/24/25 | Price Changed | $529,900 | -1.9% | $88 / Sq Ft |
| 03/11/2025 03/11/25 | Price Changed | $539,900 | -1.8% | $90 / Sq Ft |
| 12/06/2024 12/06/24 | For Sale | $550,000 | -- | $92 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $278,000 | Landis Title | |
| Deed | $278,000 | Landis Title | |
| Deed | $310,000 | -- | |
| Deed | $113,000 | -- |
Source: Bright MLS
MLS Number: NJCB2021534
APN: 03-00046-0000-00009
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