Nick Morgan
Lifetime Client Group with Keller Williams Flagship of Maryland
nick.morgan@lifetimeclientgroup.com +1(301) 910-7407UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 9,601 sqft
Price per Sqft $121
MLS Listing ID NJME2054276
Originating Board BRIGHT
Year Built 1935
Annual Tax Amount $10,825
Tax Year 2024
Lot Size 9,601 Sqft
Acres 0.22
Lot Dimensions 150.00 x 64.00
Property Sub-Type Other
Property Description
The included duplex, located at 406–408 Berg Avenue, currently generates $28,200 annually, with potential to reach $39,000. Unit #1 of the warehouse spans approximately 5,000 square feet, renting for $38,400 per year with room to increase to $60,000. Unit #2 is a mechanics bay with long-term lease in place. Units #3 and #4 can be leased together at approximately 3,840 square feet, or separately at 1,920 square feet each can potentially be leased $2400 a year. The entire property is fenced and the warehouse is equipped with a security system. This is a rare find in a desirable location, offering a mix of residential and industrial income streams. Ideal for contractors, light manufacturers, or investors.
Location
State NJ
County Mercer
Area Hamilton Twp (21103)
Zoning R-7
Interior
Hot Water Natural Gas
Heating Other
Cooling Other, Central A/C
Inclusions 406 -408 Berg Ave. MLS# NJME2054258
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Hamilton Township
Others
Tax ID 03-02325-00001
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
