250 Warren StBeverly, NJ 08010

Property Details for 250 Warren St

Year built

1940

Construction

BRICK

Lot size

0.19 AC

Property size (Sq ft)

2,240 SF

Property type

Other commercial real estate

APN

02 01161-0000-00001

APU

201161000000001

Description

This exceptional mixed-use property at 250 Warren Street in Beverly, NJ, presents a compelling investment opportunity with immediate cash flow potential. Spanning 2240 square feet on a 0.19-acre lot, this completely renovated building boasts brand new electrical, plumbing, HVAC systems, flooring, fixtures, appliances, and lighting throughout. The first floor offers 1,120 square feet of commercial space, perfectly suited for a variety of businesses. This area is divided into four separate rooms, includes a kitchenette, and features 1.5 bathrooms. Currently vacant, this space presents immediate leasing potential in a highly visible downtown location. Upstairs, a 3-bedroom, 1-bathroom apartment generates consistent rental income, currently leased month-to-month for $2,250. The property also includes a full basement providing ample storage space, and a convenient parking lot with capacity for 15 vehicles. This turnkey investment is priced at $388,777 and offers a rare blend of commercial and residential income streams, making it an ideal addition to any portfolio. The current tenant's lease on the apartment expires in August. This property is ready for immediate occupancy and income generation.

• Alternative Use

  Use

  Valuation

  Residential

  $473,311

  Hospitality

  $433,550

  Educational

  $360,709

  Medical

  $373,114

  Retail

  $561,102

Location Insight

City

Beverly

County

Burlington

State

New Jersey

Latitude

40.0648

Longitude

-74.9195

CBSA code

37980

CBSA name

PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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