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Image 1 - 465-467 Broadway S, Gloucester City, New Jersey, 08030 - House for sale
Image 2 - 465-467 Broadway S, Gloucester City, New Jersey, 08030 - House for sale
Image 3 - 465-467 Broadway S, Gloucester City, New Jersey, 08030 - House for sale
Image 4 - 465-467 Broadway S, Gloucester City, New Jersey, 08030 - House for sale
Image 5 - 465-467 Broadway S, Gloucester City, New Jersey, 08030 - House for sale
Image 6 - 465-467 Broadway S, Gloucester City, New Jersey, 08030 - House for sale
Image 7 - 465-467 Broadway S, Gloucester City, New Jersey, 08030 - House for sale
Image 8 - 465-467 Broadway S, Gloucester City, New Jersey, 08030 - House for sale
Image 9 - 465-467 Broadway S, Gloucester City, New Jersey, 08030 - House for sale
- Broadway S, Gloucester City, Home For Sale
465-467 Broadway S, Gloucester City, New Jersey, 08030

- Broadway S, Gloucester City, Home For Sale

house for sale
Listed: 07/07/24

465-467 Broadway S, Gloucester City, New Jersey, 08030

3 Bed:
2,760 Sq Ft Living Area:
Save
Price
$ 240,000

About This House

Discover a lucrative investment opportunity with this 3-unit mixed-use property boasting a potential cap rate exceeding 11%. Benefit from the stability of long-term tenants in the two commercial units, including a Hair Salon with a 7-year tenure and an office occupied for 5 years. The spacious 3-bedroom unit on the second floor awaits your personal touch with flooring and bathroom upgrades, featuring a convenient mud/laundry room entrance. Comparable three-bedroom units in Gloucester City command rents of $1800+, ensuring a promising return on investment. Enjoy peace of mind with recent property upgrades, including a 2012 roof replacement, 2021 heater replacements, and a 2018 electric box update. Don't miss out on this exceptional opportunity on Broadway. Please find PandL in documents.

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Gloucester City Housing & Living

Household Income

Median household income: $51,152
Number of households: 4,075
The average household income in Gloucester City, NJ declined from $53,113 to $51,152 in the past year. This data is an estimate based upon 4,075 households in Gloucester City, NJ.
The chart below presents how household income is distributed in Gloucester City, NJ in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Gloucester City, NJ compared to median property taxes around the country. The prevalent amount of property taxes in Gloucester City, NJ equals $3k+ , which is more than the national average.