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183 S White Horse Pike, Berlin, NJ 08009
$394,950
183 S White Horse Pike, Berlin, NJ 08009View this property at 183 S White Horse Pike, Berlin, NJ 08009
183 S White Horse PikeBerlinNJ08009
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Property Description
A very rare opportunity to own a Historic Bank Building located on the White Horse Pike in Berlin.... with over 4000 SF of useable space. This property has been placed on the New Jersey Register of Historic Places. Still in place is a bank vault with many security deposit boxes, and a very unique vault door. There is a full basement. The present zone allows for office, professional, service, financial, commercial and retail uses. It is zoned C-2....which has many other uses. 2023 Tax Year: The owners have completed the tax appeal. Reduction in the total aggregate assessment of $1,116,700.00 ....reduced to $$652,200.00 (implied market value of $762,539.00). A 42% reduction, estimated tax savings of $15,705.00 based on 2022 tax rate.T This includes both lots, see agent's remarks. There's approximately 175' linear footage on Jackson Road and the White Horse Pike, 74' Linear footage on E. Taunton Ave. The site area is .70 acres or 30,615 SF. Please see permitted uses in the document file. This historic architectural gem is at the corner of the White Horse Pike, Jackson and Taunton roads. Doesn't get any better than this for location and exposure. Traffic count varies from 25,000 VPD to 40,000 VPD. The first floor includes the Main Entrance with a double set of Commercial Doors, which leads to the teller's stations, and a large customer service area, which includes one enclosed office. The upstairs staircase is at the right back side, which leads to the second floor, with two large open areas, one includes a Kitchenette area, (Either area could be used for a conference room, or other offices, or usages, cubicles, etc) includes two restrooms & closets). Included on the second floor, is approximately 600 SF over the First-Floor area which was closed in, and never utilized...which could be finished and, opened up for additional office space. Each area has significant natural daylight. The basement staircase is located on the right side back corner, which houses the Oil Boiler, Hot Water Heater. Air Conditioner, Sump Pump, Security System, and three Circuit Breaker boxes. Utilities include Public Water & Sewer. The building is serviced by Atlantic City Electric. It has both Steam Radiator & Forced Hot air systems, heated by oil fuel....very easily converted to gas...since gas is out on the street. The basement foundation is concrete, unfinished, the external walls are Brick & Masonry, with a Pitched Roof. There is a combination of Single and Double Pane Windows with decorative lattice grids. The adjacent parking lot is paved with 35 parking spaces and has an additional lot that could be converted for more parking or possibly developed. To the owner's knowledge there are no legal restrictions such as easements or deed restrictions that would limit the uses. This is a very strategic location, easy accessible, and a very short distance to surrounding areas,....Cherry Hill, Medford, Moorestown, and Shore Points, and State Parks. Bus transportation is conveniently located on the White Horse pike. Conveniently located with easy access to Interstate 295, NJ Turnpike, AC Expressway, Garden State Parkway and Shore points, ...in addition to local Routes 30, 206, 73, 70, 38.....and, the Ben Franklin, Walt Whitman, Burlington Bristol & Tacony bridges. Most important its a short distance to High End Medical Facilities, such as the highly rated University of Penn, Jefferson, Cooper, & Fox Chase Institutions. Additionally ...close to many surrounding retailers, and other amenities such as Centerton Square right down the road on Route 38 where Wegmans, Costco, and many other Fast Food and high end restaurants and shops are. Minutes away from the Promenade Shopping Center, Cherry Hill & Moorestown Malls, and Center Philadelphia. The property is being sold "AS IS", All inspections are for informational purposes. Buyer is responsible for all certifications.
Full Property Details
Full Property Details for 183 S White Horse Pike
General
- Price: $394,950
- Taxes: $17,745 (2023)
- Status: Active
- Type: Warehouse
- MLS ID: NJCD2065104
- Updated: 4/17/2024
- Added to Site: 36 day(s) ago
Business
- Business Type: Day Care Facility, Flex, Funeral Home, Hair Salon and
Interior
- Flooring: Carpet, Ceramic Tile, Tile/Brick
Rooms
Bathrooms
- Restrooms: 2
Additional Information
- Security/Safety: Security System
Parking
- Total Spaces: 35
- Parking Type: Parking Lot
Location
- Area: Berlin Boro (20405)
- Municipality: BERLIN BORO
- County: Camden
- Cross Streets: Jackson Road
- Driving Directions: East on White Horse Pike, to the Intersection of Jackson & White Horse Pike, Bank in on the left corner.
Heating & Cooling
- Central air: Yes
- Cooling Type: Programmable Thermostat, Central A/C
- Cooling Fuel: Electric
- Heating Type: Radiator
- Heating Fuel: Oil
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Above Ground, Cable TV, Cable TV Available, Electric Available, Multiple Phone Lines, Natural Gas Available, Phone, Phone Available, Phone Connected, Phone Not Available, Water Available, Sewer Available
Structural Information
- Construction: Brick
- Roof: Asphalt, Shingle
- Ceiling Height: 15' to 18', 12' to 15'
- Stories/Levels: 0
- Year Built: 1910
- Year Built Source: Estimated
- Property Condition: Very Good
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size Source: Assessor
- Lot Dimensions: 75.00 x 0.00
- Zoning: C-2
Financial Considerations
- Price Per Sq. Ft.: $78.91
- Assessment Year: 2023
- Tax w/Assessment: $525,000
- Tax Amount: $17,745
- Tax Year: 2023
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Ownership: Fee Simple
- Inclusions: Bank Vault
Listed by Keller Williams Realty - Marlton, James L Moffa
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Schools
Schools serving 183 S White Horse Pike
School Districts:Berlin Borough Public Schools, Eastern Camden County Regional School District
Rating | Name | Grades | Distance |
---|---|---|---|
215 S Franklin Ave, Berlin, NJ 08009 | PK-8 | 1.1 mi | |
Eastern Intermediate High School
1401 Laurel Oak Rd, Voorhees, NJ 08043 | 9-12 | 4.5 mi | |
1401 Laurel Oak Rd, Voorhees, NJ 08043 | 9-12 | 4.5 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 183 S White Horse Pike
Date
Details
Price
Change
Source
3/22/2024
Listed
$394,950
172.38%
MLS
7/15/2022
Sold
$145,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 183 S White Horse Pike
Year
Property Taxes
Change
Tax Assessment
Change
2022
$31,335
2%
$926,800
—
2021
$30,677
1%
$926,800
—
2020
$30,492
1%
$926,800
—
2018
$30,177
-2%
$926,800
—
2019
$30,742
6%
$926,800
—
2017
$29,046
3%
$926,800
—
2016
$28,304
2%
$926,800
—
2015
$27,693
5%
$926,800
—
2013
$26,395
—
$926,800
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 183 S White Horse Pike
183 S White Horse Pike, Berlin, NJ 08009 (MLS# NJCD2065104) is a Warehouse property. 183 S White Horse Pike is currently listed for $394,950 and was received on March 22, 2024. Want to learn more about 183 S White Horse Pike? Do you have questions about finding other Warehouse real estate for sale in Berlin? You can browse all Berlin real estate or contact a Coldwell Banker agent to request more information.