94 E Browning Rd, Bellmawr, NJ 08031

Bellmawr
Local realty services provided by:Better Homes and Gardens Real Estate Cassidon Realty
94 E Browning Rd,Bellmawr, NJ 08031
$750,000
  • 5 Beds
  • - Baths
  • 4,000 sq. ft.
  • Multi-family
  • Pending
Listed by: nathaniel s parker
Office: re/max select - princeton
MLS#:NJCD2117796
Source:BRIGHTMLS

Price summary

  • Price:$750,000
  • Price per sq. ft.:$187.5

About this home

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.

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Home facts

  • Year built:1955
  • Listing ID #:NJCD2117796
  • Added:134 day(s) ago
  • Updated:September 27, 2026 at 08:26 AM

Rooms and interior

  • Bedrooms:5
  • Living area:4,000 sq. ft.

Heating and cooling

  • Heating:Baseboard - Electric, Natural Gas, Radiator

Structure and exterior

  • Roof:Flat, Pitched
  • Year built:1955
  • Building area:4,000 sq. ft.
  • Lot area:0.13 Acres
  • Lot Features:Level, Urban
  • Architectural Style:Traditional
  • Construction Materials:Block
  • Foundation Description:Slab

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$750,000
  • Price per sq. ft.:$187.5
  • Tax amount:$11,349 (2024)

Features and amenities

  • Amenities:Above Ground Utilities, Cable TV Available, Electric Available, Natural Gas Available, Phone

Parking

  • Parking description:On Street, Public

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