1507 BROAD ST., CINNAMINSON, NJ 08077
1507 BROAD ST., CINNAMINSON, NJ 08077
Sold Price: $925,000
List Price: $995,000
Sold Date: Mar 22, 2024
Sq. Ft.: 4,692
Type: Commercial
Listing #NJBL2051300
Buyer's Agent: Wallace Chaves
Listing Agent: Jeffrey Senges
Listing Agent: Jeffrey Senges
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Exceptional investment opportunity in Cinnaminson, NJ, situated on Broad Street ? Prime location in proximity to downtown and the Riverline. Discover this six-unit property meticulously maintained and impressively presented property boasting a stellar rental track record over time.This well kept six-unit building consists of spacious two bedroom apartments that can rent for as much as $1,500 per month, rent is significantly below prevailing market rates for the area. With long term tenants paying their own utilities, each unit has its own separate balcony and entrance, property features a shared rear parking lot. Many upgrades throughout including new hot water heaters and two newly renovated units.Don't miss this golden opportunity for a savvy investment venture with incredible income potential and low overhead. Taxes are under $5,000 and a potential cap rate of 8.40%
Buyer's Agent: Wallace Chaves
Listing Agent: Jeffrey Senges
Listing Agent: Jeffrey Senges
Property Features
County: BURLINGTON
Municipality: CINNAMINSON TWP
MLS Area: Cinnaminson Twp (20308)
Heating: Forced Air
Heating Fuel: Natural Gas
Cooling: None
Is New Construction: No
Septic or Sewer: Public Sewer
Lot Size in Acres: 0.08
Building Total Area (Sq. Ft.): 4,692
ListDate: 2023-08-09 00:00:00.0
Property Type: COM
Property SubType: Commercial Sale
Year Built: 1950
$ per month
Year Fixed. % Interest Rate.
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| Monthly Tax: | $ |
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The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Rivera Realty participates, and is provided by BRIGHT through a licensing agreement. Real estate listings held by brokerage firms other than Rivera Realty are marked with the IDX icon, and detailed information about each listing includes the name of the listing broker. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale. Home sale information is not to be construed as an appraisal and may not be used as such for any purpose. BRIGHT MLS is a provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. 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. Information Deemed Reliable But Not Guaranteed.
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Rivera Realty participates, and is provided by BRIGHT through a licensing agreement. Real estate listings held by brokerage firms other than Rivera Realty are marked with the IDX icon, and detailed information about each listing includes the name of the listing broker. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale. Home sale information is not to be construed as an appraisal and may not be used as such for any purpose. BRIGHT MLS is a provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. 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. Information Deemed Reliable But Not Guaranteed.
BRIGHT(MRIS/Trend) data last updated at January 8, 2026, 11:05 PM ET
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