48 W Atlantic Avenue
Audubon, NJ 08106
- – beds
- – baths
- – sqft
- 995 sqft lot
- 1955 build
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Welcome to 48 W. Atlantic Ave, Audubon, NJ, a charming duplex situated in the heart of the town. This property boasts exceptionally low property taxes of just $3,707 annually, making it a standout investment opportunity. Located right off Merchant St, this duplex offers unparalleled convenience with ample parking available in the public lot adjacent to the home. Both units are currently occupied, generating a strong cash flow of $2,400 per month, ensuring a steady and reliable income stream. Each unit features one bedroom and one bathroom, with the first-floor unit having undergone renovations three years ago, including new cabinets, an updated bathroom, and new flooring throughout. The property's prime location allows residents to enjoy the small-town feel while being within walking distance of local shops, restaurants, and community amenities. With its modern updates, stable income, and incredibly low taxes, this duplex is an ideal investment for expanding your portfolio. Both units are currently rented. The lower unit lease is until September 2026. The second-floor lease is until June 30, 2025. The owner is honoring the lease agreements in place.
Listing courtesy of BRIGHT / Compass New Jersey, LLC - Haddon Township
Last checked:
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Last updated Oct 17, 2024
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MLS# NJCD2073542 —
The Building
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Year Built:1955
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Year Built Source:Estimated
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New Construction:No
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Construction Materials:Aluminum Siding
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Structure Type:Interior Row/Townhouse
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Architectural Style:Other
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Historic:No
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Building Units Total:2
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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, Unfinished
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Total SqFt Source:Assessor
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Total Below Grade SqFt Source:Assessor
Interior
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Flooring Type:Wood, Fully Carpeted
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Fireplace:No
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Living Area SqFt Source:Assessor
Room Dimensions
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Living Area SqFt:0 Sqft
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:Cash, Conventional, FHA, VA
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Buyer Financing:Conventional
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Possession:Settlement
Location
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Directions:Put it into your GPS
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Cross Street:W MERCHANT
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Latitude:39.89471000
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Longitude:-75.07166000
The Property
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Property Type:Multi-Family
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Property Subtype:Duplex
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Lot Size Units:Square Feet
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Lot Size Acres:0.02
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Lot Size Source:Estimated
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Lot Size Dimensions:16.58 x 60.00
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Lot Dimensions Source:Assessor
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Lot SqFt:995 Sqft
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Inclusions:All Fixtures
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Exclusions:Tenants items.
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Zoning:RES
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Other Structures:Above Grade, Below Grade
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Water View: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:
- (856) 938-4205
- Office phone:
- (856) 388-2160
Taxes
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Tax ID Number:01-00066-00005 05
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Tax Year:2016
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Tax Lot:00005 05
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Tax Annual Amount:$3,183
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Tax Assessed Value:$95,000
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Year Assessed:2023
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Total Taxes Payment Frequency:Annually
The Listing
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Close Sale Type:Standard Sale
Heating & Cooling
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Cooling Type:Wall Unit
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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:Radiator
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Heating Fuel:Natural Gas
Utilities
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Utilities:Cable TV
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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, Dishwasher, Dryer, Oven/Range - Gas, Refrigerator, Water Heater
Schools
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School District Name:Audubon Public Schools
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School District Source:Listing Agent
The Community
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Exterior Features:Sidewalks
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Pool:No Pool
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Spa:No
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Transportation:Airport less than 10 miles
Parking
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Total Garage and Parking Spaces:4
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Garage:No
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Type of Parking:On Street, Parking Lot
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Parking Features:Public
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Parking Lot - # of Spaces:4
Extra Units
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Other Units:Unit 1,Unit 2
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Vacation Rental:No
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One Bedroom Units:2
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 |
---|---|---|---|---|
9/18/24
Sep 18, 2024
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Sold | BRIGHT | $338,000 | 0.9% |
8/26/24
Aug 26, 2024
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Pending | BRIGHT | $334,999 | |
8/7/24
Aug 7, 2024
|
Listed / Active | BRIGHT | $334,999 |