NJ
CAMDEN
BELLMAWR
08031
94 E BROWNING ROAD
94 E BROWNING ROAD, BELLMAWR, NJ 08031
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Listing Type
Commercial/Industrial
Listing Status
Active
39
$750,000

Home Details for 94 E BROWNING ROAD

Price
$750,000
Type
Commercial Sale
Year built
1955
Lot size acres
0.13
County
CAMDEN
MLS Listing#
NJCD2117074
Property Description

Leases have just been increased and renewed for easy financing with long term written leases in place. This 5 unit mixed use building has no current vacancies and the leases total $87,900 annually. The current projected CAP rate based on income and expenses is 8.5%. This building has 3 residential apartments and 2 retail storefronts all with long term leases. Several updates have been made but there's still more room for growth and increased rent with full market potential exceeding $95,000 annually. Units are as follow: Apt 1 one bed one bath, Apt 2 one bed 1one bath, Apt 3 Three bed one bath, Storefront A Nail Salon, Storefront B Art/Tattoo studio. Tenants pay their own utilities for gas, heat, electric, hot water, and even sub-metered water. Additional details are available upon request.

Property Features
  • Utilities
    • Cable Available
    • Water Available
    • Sewer Available
    • Natural Gas Available
    • Electricity Available
  • Heating Information
    • Natural Gas
    • Baseboard
    • Radiant
  • Cooling Information
    • Other
    • Electric
  • Parking
    • On Street
    • Driveway
  • Water Features
    • Public
Listing Courtesy: RE/MAX Select - Princeton - 609-921-9202
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Last Updated: 2026-05-08 23:26:18
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EXIT REALTY JERSEY SHORE
2029 Route 37 East, Toms River, NJ 08753
Rosemarie McGeehan
License #: 0679931
Associate Broker
Office
732 573 1550
Agent
732 740 9519
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