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12 Haddon Avenue, Haddon Township, NJ 08108
$375,000
12 Haddon Avenue, Haddon Township, NJ 08108View this property at 12 Haddon Avenue, Haddon Township, NJ 08108
12 Haddon AvenueHaddon TownshipNJ08108
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Property Description
FULLY LEASED!!! Excellent INVESTOR OPPORTUNITY on Haddon Ave. in the popular Westmont District! This 2-Story mixed-use Building has approx. 2052 sq. ft of rentable space, plus a Basement. Both units are LEASED for a combined rental income of $2,705/mo. Both Tenants pay their own Heat and Electric. This Mixed-Use Building consists of 1st Floor Commercial Space and a 2nd Floor Residential 2BR Apartment. There are Front and Rear Entrances for both units. Access to the rear is via an alleyway off of French Ave. There are 2 parking spots in the back being used by the 2nd Floor Apartment. The 1st Floor Commercial space has been leased by the same Tenant since 2017. The Current Rent is $1,275/mo. thru March 2024, then increases to $1,300/mo. thru March 2025. The Tenant pays own Heat and Electric. The large Front Room (approx. 33x17) is being used as the showroom space. The Back Room (17x16) is being used for inventory storage, plus has a Powder Room. The Tenant also has access to the Basement for additional Storage. The 1st Floor is serviced by a newer Mini-Split system for Heat and Air Conditioning. The 2nd Floor 2 Bedroom Apartment is currently leased thru Sept. 30, 2024 @ $1,430/mo. Tenant pays Heat and Electric. A stackable Washer/Dryer and Refrigerator are included for Tenant's use. The apartment has a large open concept Living Room/Dining Room, Kitchen with Door out to the rear NEW Deck/Stairs, 2 Bedrooms and one Bathroom. The 2nd Floor is serviced by Oil Radiator Heat. The Window A/C units belong to the Tenant. The Landlord pays the Water, Sewer, CCMUA and the PSEG service for the Hot Water Heater and some exterior common lighting. OTHER NOTABLES include: NEW Roof 2022, NEW Deck/Stairs in the back 2022, 1st Floor Mini-Split System about 3 years old, Gas Hot Water Heater about 5 years old, Separate Electric Meters for each Unit, Newer above-ground Oil Tank in the Basement (to replace the previous above ground Tank which has been disposed of). Due to the mixed-use Zoning, Commercial Financing will be needed. Plan accordingly. (Also listed in COMMERCIAL Category MLS #NJCD2043818)
Full Property Details
Full Property Details for 12 Haddon Ave
General
- Sold For: $375,000
- Taxes: $6,842 (2022)
- Status: Closed
- Type: Duplex
- MLS ID: NJCD2043826
- Added to Site: 438 day(s) ago
Parking
- Parking Type: On Street, Driveway
Location
- Area: Haddon Twp (20416)
- Municipality: HADDON TWP
- County: Camden
- Development Name: Westmont
- Subdivision: Westmont
- Cross Streets: Cuthbert
- Driving Directions: Haddon Ave in Westmont near the intersection of Cuthbert Blvd. (situated between Cuthbert and French)
School Information
- School District: Haddon Township Public Schools
Heating & Cooling
- Cooling Type: Ductless/Mini-Split, Window Unit(s)
- Cooling Fuel: Electric
- Heating Type: Radiator, Zoned, Other
- Heating Fuel: Oil, Electric, Other
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: Colonial
- Architectural Style: Colonial
- Structure Type: Interior Row/Townhouse
- Construction: Brick
- Basement: Yes
- Basement Desc.: Full
- Foundation: Other
- Stories/Levels: 0
- Square Feet: 2,052
- Sq. Ft. Source: Assessor
- Living Area: 2,052 Sq. Ft.
- Finished Above Grnd: 2,052 Sq. Ft.
- Year Built: 1915
- Year Built Source: Assessor
Unit Information
- 2 Bedroom Units: 1
Lot Features
- Lot Size (Acres): 0.06
- Lot Size (Sq. Ft.): 2,701
- Lot Size Source: Assessor
- Lot Dimensions: 18.00 x 150.00
- Zoning: COMMERCIAL
Financial Considerations
- Price Per Sq. Ft.: $182.75
- Assessment Year: 2022
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $172,500
- Tax Amount: $6,842
- Tax Year: 2022
- Terms: Standard Sale
- Owner Pays: Taxes - Real Estate, Water, Sewer
- Landlord Pays: Taxes - Real Estate, Water, Sewer
- Tax Total Finished Sq. Ft.: 2052
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Ownership: Fee Simple
- Exclusions: All furnishings & personal property of both Tenants. The 2nd floor Tenant owns the window A/C units. The First Floor Business and all equipment /inventory is owned by the Tenant and is NOT included in the sale.
- Inclusions: Range, Washer, Dryer, Frig in 2nd flr APT
- Lot Number: 19
Listed by EXP Realty, LLC, Teresa M McKenna
Sold by Sji Holdings Llc, Yun S Lu
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Schools
Schools serving 12 Haddon Ave
School District:Haddon Township Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
101 Macarthur Blvd, Westmont, NJ 08108 | 6-8 | 0.6 mi | |
406 Memorial Ave, Westmont, NJ 08108 | 9-12 | 0.5 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 12 Haddon Ave
Date
Details
Price
Change
Source
5/09/2023
Sold
$375,000
—
MLS
3/10/2023
Listed
$375,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
12 Haddon Avenue, Haddon Township, NJ 08108 (MLS# NJCD2043826) is a Duplex property that was sold at $375,000 on May 09, 2023. Want to learn more about 12 Haddon Avenue? Do you have questions about finding other Duplex real estate for sale in Westmont? You can browse all Westmont real estate or contact a Coldwell Banker agent to request more information.