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56 Fayette Street, Bridgeton, NJ 08302
$269,900
56 Fayette Street, Bridgeton, NJ 08302View this property at 56 Fayette Street, Bridgeton, NJ 08302
56 Fayette StreetBridgetonNJ08302
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Property Description
It brings great excitement to present and extend a warm welcome to you 56-58 Fayette Street, Bridgeton, NJ 08302! Stepping onto the market for the first time in many years, this corner lot property (block 259, lots 20 & 22) invites you to step into the pinnacle of mixed-use excellence-a rare chance to capitalize on prime real estate, making it a coveted investment for your real estate portfolio. Situated in the heart of Bridgeton and conveniently located diagonally across the street from the Cumberland County Courthouse, it is zoned as C-4 Neighborhood Business District and offers an abundance of opportunities! Providing a further advantage is its strategic positioning within Bridgeton's UEZ district that offers a multitude of benefits to support businesses such as tax and financial incentives. Presently, the first floor is utilized as law offices, providing well-appointed space; however, is perfect for a wide variety of professionals as well as other uses. Entering the front entrance's foyer and welcomed into a spacious reception area, the first floor consists of four sizable private offices, a large conference room, a multifunctional open collaborative workspace, and an expansive open hallway area for added versatility. Other rooms on the first floor include a break room and a supplementary room perfect for filing cabinets and storage. The bathroom on this floor has recently been renovated. There is also an additional full bath and sitting area that have begun to be remodeled, are currently framed out, and allow for your personal touches to be completed. Other recent updates include new carpeting/laminate flooring and replacement windows. With separate utilities already in place for heating, electrical, water/sewer, and 2 central a/c units this space can be two units. The second floor offers spacious rooms, bathroom, and storage attic presenting the ability of on-site living arrangements or rental income. This flexible setup caters to those seeking to work downstairs and live upstairs or savvy investors looking to maximize returns. This property boasts a generously sized private paved parking lot large enough to accommodate 12 +/- spaces and features a handicapped ramp to access the first floor via the back entrance. Multiple financing options may be available to qualified Buyers. 56-58 Fayette Street is certain to check off all your boxes! Don't miss out on this exceptional opportunity- schedule a viewing today and unlock the endless possibilities of this remarkable property!
Full Property Details
Full Property Details for 56 Fayette St
General
- Price: $269,900
- Taxes: $6,597 (2023)
- Status: Active
- Type: Retail
- MLS ID: NJCB2018110
- Updated: 5/13/2024
- Added to Site: 22 day(s) ago
Business
- Business Type: Apartment Building, Flex, Professional, Other, Parking
Interior
- Flooring: Carpet, Laminated, Hardwood
Rooms
Bathrooms
- Restrooms: 3
Additional Information
- Security/Safety: Carbon Monoxide Detector(s), Exterior Cameras, Security System, Smoke Detector, Motion Detectors, Monitored
Parking
- Total Spaces: 12
- Parking Features: Paved Parking, Private
- Parking Type: Parking Lot
Location
- Area: Bridgeton City (20601)
- Municipality: BRIDGETON CITY
- County: Cumberland
- Cross Streets: Vine Street
- Driving Directions: West on Broad Street to Left onto Fayette Street. PIQ will be 0.1 miles on the Right at the Corner of Fayette and Vine Streets. (Also diagonally across the street the from Cumberland County Court House).
- Location Details: Downtown
School Information
- Middle School: Bridgeton Middle School
- High School: Bridgeton Senior H.S.
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C, Multi Units, Window Unit(s)
- Cooling Fuel: Electric
- Heating Type: Baseboard - Hot Water
- Heating Fuel: Natural Gas, Oil
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable TV, Cable TV Available, Electric Available, Multiple Phone Lines, Natural Gas Available, Phone, Sewer Available, Water Available, Other
Structural Information
- Construction: Aluminum Siding, Stick Built
- Roof: Asphalt
- Doors: Double Entry
- Stories/Levels: 2
- Year Built: 1900
- Year Built Source: Estimated
Unit Information
- # Tenants: Multiple
Lot Features
- Property View: Street
- Lot Size (Acres): 0.32
- Lot Size (Sq. Ft.): 14,086
- Lot Size Source: Estimated
- Lot Dimensions: 25 x 59 65 x 158 39. 5 x 59.25
- Frontage Feet: 130
- Street/Road Desc.: Paved
- Lot Features: Additional Lot(s), SideYard(s), Road Frontage, Irregular, Corner
- Zoning: C-4
- Lot Description: Additional Lot(s), SideYard(s), Road Frontage, Irregular, Corner
Financial Considerations
- Price Per Sq. Ft.: $55.19
- Assessment Year: 2023
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $130,000
- Tax Amount: $6,597
- Tax Year: 2023
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Ownership: Fee Simple
- Inclusions: Security system including interior and exterior cameras, office furniture and equipment negotiable
- Lot Number: 20
Listed by Keller Williams Prime Realty, Dennis J. Gaggini, Jr.
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Schools
Schools serving 56 Fayette St
School District:Bridgeton Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
111 N West Ave, Bridgeton, NJ 08302 | 9-12 | 0.8 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 56 Fayette St
Date
Details
Price
Change
Source
5/09/2024
Listed
$269,900
—
MLS
Disclaimer: Historical sales 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 56 Fayette St
56 Fayette Street, Bridgeton, NJ 08302 (MLS# NJCB2018110) is a Retail property. 56 Fayette Street is currently listed for $269,900 and was received on May 09, 2024. Want to learn more about 56 Fayette Street? Do you have questions about finding other Retail real estate for sale in Bridgeton? You can browse all Bridgeton real estate or contact a Coldwell Banker agent to request more information.