311 Delsea DrClayton, NJ 08312

Property Details for 311 Delsea Dr

Year built

1900

Lot size

0.21 AC

Property size (Sq ft)

2,364 SF

Zone code

CB

Property type

Other commercial real estate

APN

01 01302-0000-00016

APU

101302000000016

Description

This exceptional mixed-use property, located at 311 N Delsea Drive in Clayton, NJ, presents a compelling investment opportunity. The building encompasses 2,400 square feet on a 0.21-acre lot and is currently 100% leased, generating immediate positive cash flow. The ground floor is occupied by a long-term commercial tenant with a proven track record, having been in place for a decade and recently committed to a further 10-year lease. This provides significant rental income stability and predictability. Upstairs, a fully renovated residential apartment offers additional revenue streams. This three-bedroom, one-bathroom unit boasts modern upgrades including vinyl plank flooring, fresh neutral paint, and stainless steel appliances. A washer and dryer are conveniently located within the unit. The apartment's recent renovation ensures attractive rental rates and minimizes maintenance concerns. This turnkey investment property requires no immediate capital expenditures and offers a rare blend of commercial and residential income, making it an ideal addition to any portfolio. The property is priced at $450,000. Please respect the privacy of the tenants and refrain from direct contact. Serious inquiries only.

• Alternative Use

  Use

  Valuation

  Residential

  $780,943

  Hospitality

  $715,340

  Educational

  $595,154

  Medical

  $615,623

  Retail

  $925,796

Location Insight

City

Clayton

County

Gloucester

State

New Jersey

Latitude

39.6584

Longitude

-75.0915

CBSA code

37980

CBSA name

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

Property Tax & Assessments

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