For Sale
Call for price

601 Cooper StBeverly, NJ 08010

54 Units, Two Buildings, Development Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional multifamily investment opportunity in Beverly, New Jersey, presents two apartment buildings totaling 54 units on a 1.46-acre lot. The property, identified by APN 02-01280-0000-00001, boasts a combined 54,600 square feet of living space. Building A, a four-story structure, comprises 39 units – a mix of 23 one-bedroom and 16 two-bedroom apartments. This building includes eight garages, eight storage closets, and a total of 75 parking spaces. Building B, a three-story building, offers 15 units, consisting of nine one-bedroom and six two-bedroom apartments, along with 30 parking spaces. The address is 601 Cooper St, Beverly, NJ 08010, in Burlington County. This property presents a significant opportunity for developers and investors seeking a substantial multifamily portfolio in a desirable New Jersey location. The existing buildings offer immediate income potential, while the substantial lot size allows for potential expansion or redevelopment. The property's location in Beverly provides convenient access to local amenities and transportation networks. This is a rare chance to acquire a well-positioned multifamily asset with strong potential for future growth and returns.

Highlights

  • Multifamily investment opportunity: Two apartment buildings totaling 54 units in Beverly, NJ.
  • 54,600 square feet on a 1.46-acre lot.
  • Two buildings: one 4-story (39 units), one 3-story (15 units).
  • Unit mix includes one- and two-bedroom apartments.
  • Ample parking (105 spaces total) and storage.

Property Details for 601 Cooper St

Property type
Apartment buildings
Square Feet
54,600 SF
Buildings
2
Lot Size (sq. ft)
63,598 SF
Units
54

Location Insight

City
Beverly
County
Burlington
State
New Jersey
Latitude
40.06211029
Longitude
-74.91685003
601 Cooper St, Beverly, New Jersey

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601 Cooper St
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