305 American Way

1
Bath
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

GREAT INVESTMENT 5 Units Property in Voorhees Township in an(EIB) Ellerslie Industrial Business Zone & residential Zoned next to Echelon Mall. This 0.52 acre(225x100)corner property, large parking lot, 3-offices, 2-apartments. The first floor has a large shop with garage door, an additional office +2 baths, 2nd floor has one office +bath, 3-bedrooms apartment large kitchen + living room and 1.5 baths & one 1-bedroom apartment kitchen+bath. Currently, 2 apartments( 650.+1350.). are occupied. Property...GREAT INVESTMENT 5 Units Property in Voorhees Township in an(EIB) Ellerslie Industrial Business Zone & residential Zoned next to Echelon Mall. This 0.52 acre(225x100)corner property, large parking lot, 3-offices, 2-apartments. The first floor has a large shop with garage door, an additional office +2 baths, 2nd floor has one office +bath, 3-bedrooms apartment large kitchen + living room and 1.5 baths & one 1-bedroom apartment kitchen+bath. Currently, 2 apartments( 650.+1350.). are occupied. Property is also FOR RENT storage warehouse(1,200.00)& 1st floor office(500.00)& 2nd floor office(500.). All separate utilities & furnaces. Property is being sold "as is" and the buyer will be responsible for all inspections and CCO certifications.
  1. Listed by Paul P Cheng • Keller Williams Realty - Cherry Hill
    P: (215)-327-1722 paulcheng@kw.com
  2. Listed by Yun S Lu • Keller Williams Realty - Cherry Hill
    P: (856)-322-0200 ylu5588@yahoo.com

Property Details for 305 American Way

Tax ID Number
34-00039-00001
Ownership
Fee Simple
Condo Coop Association
No
HOA
No
Structure Type
Detached
Style
Other
Waterfront
No
Garage
No
LISTING UPDATED: 11/14/2022 06:03 PM

Property Details for 305 American Way

StatusClosed
MLS #NJCD100354
Days on Market114
Taxes$11,405 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1973
Lot Size0.52 AC / 22,651 SF
CountyCamden County

Location

Listing Courtesy of Keller Williams Realty - Cherry Hill

Sold By RE/MAX Connection - Marlton Satellite

Add your commute

Building Information for 305 American Way

Stories-Residences4Year Built1973Building Size-Lot Size0.52 AC / 22,651 SF

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$1,958 per month

30 year fixed, 6.46% Interest

Principal and Interest

$1,007

Property Taxes

$950

HOA Dues

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Property Information for 305 American Way

Location
Location
  • School District Name: VOORHEES TOWNSHIP BOARD OF EDUCATION
  • School District County ID: 300200396988
  • County: CAMDEN
  • MLS Area: Voorhees Twp (20434)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2017
  • Tax Assessed Value: $296,000
  • Improvement Assessed Value: $124,800
  • Land Assessed Value: $171,200
  • Clean Green Assessed: No
  • Agricultural Tax Due: No
  • Historic: No
  • Zoning: EIB
  • Tax Lot: 00001
  • Automatically Update Tax Values Y/N: Yes
  • TaxDataUpdatedYN: No
Lease Information
Lease Information
  • Concessions: No
Unit Information
Unit Information
  • Single Room Units Count: 650
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 0
  • Three Bedroom Units Count: 1350
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3
  • Number Of Units Vacant: 3
  • Number Of Units Month To Month: 2
Rooms
Rooms
  • Room List: Primary Bedroom
Rooms Information
Room 1
  • Room Type: Primary Bedroom
  • Room Level: Unspecified
  • Room Exists: Yes
Multi Family
Unit 1
  • Type: Unit 1
  • Unit Type Occupied YN: Yes
  • Unit Type Lease Type: Gross
  • Beds Total: 3
  • Half Baths Count: 1
  • Full Baths Count: 1
  • Unit Type Baths Total: 2
  • Unit Type Features: MONTHLY
Unit 2
  • Type: Unit 4
  • Unit Type Occupied YN: No
  • Beds Total: 0
  • Half Baths Count: 1
  • Full Baths Count: 0
  • Unit Type Baths Total: 1
  • Unit Type Features: PROJECTED
Unit 3
  • Type: Unit 2
  • Unit Type Occupied YN: Yes
  • Beds Total: 1
  • Half Baths Count: 0
  • Full Baths Count: 0
  • Unit Type Features: MONTHLY
Unit 4
  • Type: Unit 3
  • Unit Type Occupied YN: No
  • Beds Total: 0
  • Half Baths Count: 1
  • Full Baths Count: 0
  • Unit Type Baths Total: 1
  • Unit Type Features: PROJECTED
Unit 5
  • Type: Unit 5
  • Unit Type Occupied YN: No
  • Beds Total: 0
  • Half Baths Count: 1
  • Full Baths Count: 0
  • Unit Type Baths Total: 1
  • Unit Type Features: PROJECTED
Financial Information
Expenses
  • Annual Gross Expense: $11,405
Financial Information
  • Gross Income: $24,000
Building Info
Building Info
  • Building Units Total: 4
  • Building Total SQFT Source: Estimated
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 225' X 100'
  • Sign On Property: Yes
  • Parcel ID: 1927303
  • Ground Rent Exists: No
Parking
Parking
  • Type Of Parking: Parking Lot
  • Total Non-Garage Parking Spaces: 8
Interior Features
Interior Features
  • Fireplace: No
  • Accessibility Features: None
  • Laundry Type: Has Laundry
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: NEXUS Association of Realtors

Property History for 305 American Way

DateEvent & SourcePriceAppreciation
Mar 29, 2019

Closed (Public Record)

Public Record #643073279

$200,000

-3.5% / yr

Mar 28, 2019

Closed

BRIGHT #NJCD100354

$200,000
Feb 6, 2019

Pending

BRIGHT #NJCD100354

DateEvent & SourcePrice
03/29/2019

Closed (Public Record)

Public Record #643073279

$200,000

-3.5% / yr

03/28/2019

Closed

BRIGHT #NJCD100354

$200,000
02/06/2019

Pending

BRIGHT #NJCD100354

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 305 American Way

Taxable ValueLand$104,000Additions$392,000Total$496,000
Tax Record2024$8,703 ($725 / month)
Home Facts
Total Finished SqFt4,304 SqFtAbove Grade Finished SqFt4,304 SqFtLot Size22,651 SqFtStyleMiscellaneous CommercialZoningEIBCountyCAMDENAPN34 00039-0000-00001

Schools near 305 American Way

This home is within Eastern Camden County Regional School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Private - 1 to 12
Rating
School
Distance
Osage School
PublicK to 5

Voorhees Middle School
Public6 to 8

Eastern High School
Public9 to 12

Valley Bible Word of Faith
Private1 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Keller Williams Realty - Cherry Hill

Based on information from one of the following Multiple Listing Services: BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.