Listed By:
Century 21 Town & Country Realty - Woodstown
45 Broad Street, Elmer, NJ
$ 279,900
Property Attributes
  • MLS#NJSA2010150
  • TypeCommercial
  • CountySALEM
  • CityElmer
  • AreaElmer Boro
  • Zip08318
  • StyleMedical,Professional
  • Year Built1938
  • Taxes$ 5156
  • Price$ 279,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage1952
Data Source:
Bright MLS
Property Description

Looking for a good income producing property/investment with a long term tenant? Check out this Prime Professional Medical Office Space in the Downtown/Business district of Elmer. Long term tenant (Physical Therapist) that wants to remain in property. Tenant pays $3000.00 per month triple net (tenant pays taxes, landscaping, snow removal and utilities) with cap rate about 10%. Landlord pays water and insurance (yearly approximately $3800). Off street parking and street parking available. Roof replaced in 2021. All equipment and furniture belongs to the tenant. Do not approach tenant. Don't miss this opportunity!

Price History
2/24/2024 Listed $279,900

General Features

Sewer On Site Septic
Heating Forced Air
Cooling Central A/C
Utilities Electric Available,Water Available
Possession Negotiable
Construction Materials Brick
Exclusions All equipment and furniture belongs to the tenant.
Year Built 1938
Property SubType Office
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
Gross Income 36000.00
OwnerPays Water,Insurance
Business Type Medical,Professional
Accessibility None
County SALEM
Insurance Expense 3100.00
New Construction No
Property Type Commercial Sale
Water Access Y/N No
Directions Main Street to Broad Street
ModificationTimestamp 2024-03-30T01:32:19
Buyer Agent Compensation 3
Disclosures Prop Disclosure
MLS Area Elmer Boro (21703)
Lot Size Square Feet 0.00
Tax Assessed Value 130600.0
Waterfront Y/N No
Street Name BROAD
Tax Annual Amount 5156.0
Price Per Sq Ft 143.39
Acceptable Financing Cash,Conventional
Vacation Rental Y/N No
Days on Market 41
Standard Status Active
Year Built Source Assessor
Total Actual Rent 36000.00
Buyer Agent Compensation Type % Of Gross

Interior Features

Heating Fuel Oil
Hot Water Electric
Heating Y/N Yes
Street Suffix STREET
Central Air Y/N Yes

Exterior Features

Water Source Public
Total Parking Spaces 10
Type of Parking On Street,Parking Lot
Water View Y/N No
Building Area Total 1952.00
Lot Dimensions 114.50 x 150.00
Lot Size Acres 0.00
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 50700.00
Navigable Water Y/N No
Water Oriented Y/N No
LotDimensionsSource Assessor
Car Parking Spaces 10


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 08318

AVG $180K
AVG $11,328
AVG 169
Data Provided by Inside Real Estate®
Year Built
AVG 1979

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