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569 Morton Avenue

BRIDGETON, NJ 08302

– beds
– baths
20,900 sqft
~1/2 acre lot
$26 per sqft
1923 build

Check out this wonderful business opportunity that consist of a Commercial store front and FOUR two and three bedroom apartments attached in Deerfield Twp. The store front consist of 2000 sq ft with bathroom that is currently used as a photography studio. All units have seperate meters and tenants are responsible for their own utilities. There are a few long term tenants w a total of 3 of them on a month to month lease. Several units have been updated. Electric panels, hot water heaters and storefront HVAC have also been upgraded. Great parking and fantastic location w/ easy access to RT 55. Professional photos coming soon. Mixed-use property: Includes a 2,000 sq. ft. commercial storefront and four residential apartments (3 two-bedroom, 1 three-bedroom). Revenue potential: Multiple streams of income from residential and commercial tenants. Upgrades: Electric panels, hot water heaters, and HVAC system for the storefront have been modernized. Utilities: Separate meters for all units, so tenants cover their own utilities—lowering landlord expenses. Convenience: Fantastic location with easy access to RT 55, offering high visibility and accessibility. Flexibility: Three tenants are on month-to-month leases, giving options for rent adjustments or new arrangements. Updated systems: Modern septic and well systems ensure fewer maintenance headaches. This could be ideal for an investor or owner-operator seeking passive income with minimal overhead due to the updates and tenant responsibility for utilities.

Listing courtesy of BRIGHT / Weichert Realtors-Mullica Hill

Last checked: Checking… • Last updated Dec 14, 2024 •

MLS# NJCB2021534 —

The Building

Year Built:

1923
Year Built Source:

Estimated
New Construction:

No
Construction Materials:

Brick, Combination, Mixed, Vinyl Siding
Building Units Total:

1
Structure Type:

Detached
Historic:

No
Architectural Style:

Other
Accessibility Features:

None
Foundation Details:

Block, Brick/Mortar
Total SqFt Source:

Estimated

Interior

Living Area SqFt Source:

Estimated

Room Dimensions

Total SqFt:

20900
Living Area SqFt:

20,900 Sqft

Financial & Terms

Sale Type:

Standard
Acceptable Financing:

Conventional, Cash
Possession:

Negotiable

Location

Directions:

Landis ave to Morton Ave PIQ on R
Cross Street:

Landis
Latitude:

39.47446000
Longitude:

-75.13053000

The Property

Property Type:

Multi-Family
Property Subtype:

Quadruplex
Property Condition:

Good
Lot Size Units:

Square Feet
Lot Size Acres:

0.48
Lot Size Source:

Estimated
Lot Size Dimensions:

71 x266 irregular
Lot Dimensions Source:

Estimated
Lot Features:

Cleared, Corner, Level, Open
Lot SqFt:

20,909 Sqft
Zoning:

COMMERCIAL
Road Surface Type:

Black Top
Other Structures:

Above Grade
Water View:

No
Waterfront:

No
Water Oriented:

No
Water Access:

No
Navigable Water:

No
Tidal Water:

No
Ground Rent Exists:

No
Riparian Rights:

No

Listing Agent

Contact info:

Taxes

Tax ID Number:

03-00046-00009
Tax Year:

2023
Tax Lot:

00009
Tax Annual Amount:

$5,135
Tax Assessed Value:

$140,500
Year Assessed:

2023
Total Taxes Payment Frequency:

Annually

Heating & Cooling

Cooling Type:

Ceiling Fan(s), Wall Unit
Central Air:

No
Cooling Fuel:

Electric
Heating:

Yes
Heating Type:

90% Forced Air
Heating Fuel:

Natural Gas

Utilities

Sewer/Septic:

On Site Septic
Electric Service:

200+ Amp Service
Hot Water:

Natural Gas, Electric
Water Source:

Private

Schools

High School:

CUMBERLAND REG
School District Name:

Cumberland Regional
School District Source:

Listing Agent

The Community

Subdivision Name:

None Available
Pool:

No Pool
Association Recreation Fee:

No

Parking

Garage:

No
Type of Parking:

Parking Lot
Parking Features:

Private, Surface, Unassigned

Extra Units

# of Units:

3
Vacation Rental:

No
Two Bedroom Units:

3
Three Bedroom Units:

1

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
12/5/24 Dec 5, 2024	Listed / Active	BRIGHT	$550,000

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This multifamily located in Deerfield, NJ 08302 is currently for sale for $550,000. 569 Morton Avenue is a 20,900 square foot multifamily with – beds and – baths. This multifamily is in the attendance area of Deerfield Township Public School.

Listing Courtesy of: BRIGHT and Weichert Realtors-Mullica Hill.

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. BRIGHT MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller.