218 220 S Broadway
Gloucester City, NJ 08030
- – beds
- – baths
- 1,245 sqft
- 2,361 sqft lot
- $554 per sqft
- 1900 build
Fully Occupied with motivated Seller. This 6 unit apartment building is now for sale and cash flowing in downtown Gloucester City. All units recently updated and inspected, lead certs on file. Great for a 1031 Exchange. Deeded as 2 twins attached to one another, this building offers split gas and electric meters in the basement with owner paying for, water and sewer. Owner is reimbursed for heat by all tenants. Annual insurance is 4800/yearly. Quarterly CCMUA is $88./ per tenant. Utility usage is $55./mo per tenant. This building has 2 individual tax bills. (218 S. Broadway is $3357./yr and 220 S. Broadway is $6450./yr). Current monthly income is $7150./mo. and is fully occupied. This building is professionally managed by Connection Property Mgt.
Last checked:
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Last updated Mar 5, 2025
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MLS# NJCD2087408 —
The Building
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Year Built:1900
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Year Built Source:Estimated
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Roof:Shingle
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New Construction:No
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Construction Materials:Frame
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Building Units Total:4
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Structure Type:Twin/Semi-Detached
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Architectural Style:Colonial
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Accessibility Features:None
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Foundation Details:Block
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Basement:Yes
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Basement Type:Full, Outside Entrance
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Total SqFt Source:Estimated
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Total Below Grade SqFt Source:Estimated
Interior
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Flooring Type:Fully Carpeted, Hardwood, Luxury Vinyl Plank
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Fireplace:No
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Wall & Ceilings:Dry Wall
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Living Area SqFt Source:Estimated
Room Dimensions
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Total SqFt:1245
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Living Area SqFt:1,245 Sqft
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:Cash, Conventional, Exchange
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Possession:31-60 Days CD
Location
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Directions:Market St to a left on Broad to home on left corner
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Cross Street:Powell st
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Latitude:39.89210510
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Longitude:-75.12014008
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Location Type:Downtown
The Property
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Property Type:Multi-Family
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Property Subtype:Other
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Property Condition:Average
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Lot Size Units:Square Feet
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Lot Size Acres:0.05
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Lot Size Source:Estimated
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Lot Size Dimensions:20.00 x 118.00
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Lot Dimensions Source:Estimated
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Lot SqFt:2,361 Sqft
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Inclusions:All appliances and current leases
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Zoning:RESIDENTIAL
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Other Structures:Above Grade, Below Grade
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Waterview:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Ground Rent Exists:No
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (609) 923-4363
- Office phone:
- (856) 652-9694
Taxes
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Tax ID Number:14-00135-00017
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Tax Year:2022
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Tax Lot:00017
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Tax Annual Amount:$9,221
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Tax Assessed Value:$67,100
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Year Assessed:2022
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Total Taxes Payment Frequency:Annually
Heating & Cooling
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Cooling Type:Window Unit(s)
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Central Air:No
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Cooling Fuel:Electric
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Heating:Yes
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Heating Type:Baseboard - Hot Water
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Heating Fuel:Natural Gas
Utilities
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Utilities:Sewer Available, Water Available, Natural Gas Available, Electric Available, Cable TV Available
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Sewer/Septic:Public Sewer
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Hot Water:Natural Gas
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Water Source:Public
Appliances
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Appliances:Built-In Range, Refrigerator
Schools
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School District Name:Gloucester City Schools
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School District Source:Listing Agent
The Community
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Pool:No Pool
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Spa:No
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Association Recreation Fee:No
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Transportation:Airport less than 10 miles, Bus Stop less than 1 mile
Parking
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Garage:No
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Type of Parking:Off Site, On Street
Extra Units
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Other Units:Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6
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Vacation Rental:No
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One Bedroom Units:6
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
3/5/25
Mar 5, 2025
|
Listed / Active | BRIGHT | $690,000 |