101 East Black Horse Back Street East

Pleasantville, NJ 08232

$599,000
Price
4
Beds
4
Baths
5,000 Sq. Ft.
$120 / Sq. Ft.
5,000
Sq. Ft.
$120
per Sq. Ft.

Description

This stunning, multi-use renovated building offers numerous possibilities, and the lucky buyer will make a great return on this investment. Centrally Located on the corner of Black Horse Pike and Franklin Ave, the property underwent a complete renovation in 2008, resulting in a total available area of 5000 sqft, excluding an additional 800 sqft on the third floor. However, the tax records only indicate a size of 3628 sqft. With a large parking lot accommodating 12 to 15 cars, and boasting a strong...This stunning, multi-use renovated building offers numerous possibilities, and the lucky buyer will make a great return on this investment. Centrally Located on the corner of Black Horse Pike and Franklin Ave, the property underwent a complete renovation in 2008, resulting in a total available area of 5000 sqft, excluding an additional 800 sqft on the third floor. However, the tax records only indicate a size of 3628 sqft. With a large parking lot accommodating 12 to 15 cars, and boasting a strong business income, this property presents a prime opportunity. The first-floor commercial space spans 2500 sqft and has served as a beauty and wellness center for 16 years, generating substantial income. It features a spacious entrance room, five treatment rooms, a large training room, two full bathrooms, a first-floor laundry, and a sizable kitchen/dining area. Perfect for a salon, spa, nail shop, or professional offices, including medical practices, it could even be converted into a restaurant. The commercial space has the potential to yield significant rental income, ranging from $3000 to $3200 per month. Additionally, one of the treatment rooms could be partitioned for residential renting, with its separate entrance. The second floor, also spanning 2500 sqft, comprises three large bedrooms, each with an attached full bathroom, two well-appointed kitchens, two generously sized sitting rooms, and a second laundry room. It can be rented out as two to three separate units, fetching as much as $2800 to $3,200 per month. The third floor offers an extra bonus, with 800 sqft of space featuring a full bathroom, an unfinished kitchen, and three rooms currently utilized for storage. This unit presents further profit potential if utilized effectively. Exiting the door leads to a spacious ceiling deck, providing a delightful relaxation spot during the summer months. The property boasts three entrances for different levels, along with two separate city water/PSEG meters,central air conditioning and interior and exterior security systems. It comes equipped with four refrigerators, multiple window air conditioners, TVs in each room, and beautiful furnishings. All equipment can be transferred at a very reasonable price. Furthermore, the seller offers financing options, with interest rates as low as 5.2%, significantly lower than commercial mortgage rates. The property is being sold strictly in "as is, where is" condition. This distinguished property presents a golden opportunity. Don't miss your chance to secure your best investment today! Schedule a viewing to witness the wonders of this property firsthand!
  1. Listed by Yongmei Tan • Tesla Realty Group LLC
    P: 6095800975 maytan1619@gmail.com

Property Details for 101 East Black Horse Back Street East

Tax ID Number
19-00076-00001
Ownership
Fee Simple
Structure Type
Detached
Style
Colonial, Dwelling with Rental
Waterfront
No
Garage
No
Municipality
PLEASANTVILLE CITY
Central Air
Yes

Location

Listing Courtesy of Tesla Realty Group LLC
Add your commute
LISTING UPDATED: 04/24/2024 01:33 PM

Property Details for 101 East Black Horse Back Street East

StatusActive
MLS #NJAC2011716
Days on Market46
Taxes$11,086 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1930
Lot Size0.21 AC / 9,147 SF
CountyAtlantic County

Location

Listing Courtesy of Tesla Realty Group LLC
Add your commute

Building Information for 101 East Black Horse Back Street East

Stories-Residences3Year Built1930Building Size-Lot Size0.21 AC / 9,147 SF

Payment Calculator

$4,193 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,269

Property Taxes

$924

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 101 East Black Horse Back Street East

Location
Location
  • School District Name: PLEASANTVILLE PUBLIC SCHOOLS
  • School District County ID: 300200396915
  • SchoolDistrictSource: Listing Agent
  • County: ATLANTIC
  • MLS Area: Pleasantville City (20119)
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: 2023
  • Tax Assessed Value: $216,700
  • Improvement Assessed Value: $151,900
  • Land Assessed Value: $64,800
  • Zoning: UEZC
  • Tax Lot: 1
  • Automatically Update Tax Values Y/N: No
Unit Information
Unit Information
  • Single Room Units Count: 4
  • One Bedroom Units Count: 2
  • Two Bedroom Units Count: 1
  • Three Bedroom Units Count: 1
  • Other Units: Unit 1,Unit 2,Unit 3
  • Units Furnished: Some
  • Number Of Units Vacant: 4
Multi Family
Unit 1
  • Type: Unit 1
  • Unit Type Occupied YN: Yes
  • Level: 1
  • Beds Total: 1
  • Full Baths Count: 1
  • Total Rooms: 3
Unit 2
  • Type: Unit 2
  • Unit Type Occupied YN: No
  • Level: 2
  • Beds Total: 2
  • Half Baths Count: 0
  • Full Baths Count: 2
  • Total Rooms: 4
Unit 3
  • Type: Unit 3
  • Unit Type Occupied YN: No
  • Level: 2
  • Beds Total: 1
  • Half Baths Count: 0
  • Full Baths Count: 1
  • Total Rooms: 5
Building Info
Building Info
  • Building Level Count: 3
  • Building Units Total: 3
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Estimated
  • Parcel ID: 3422806
Parking
Parking
  • Type Of Parking: Parking Lot
Interior Features
Interior Features
  • Accessibility Features: 2+ Access Exits
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade
Utilities
Utilities
  • Utilities: Electric Available, Cable TV, Natural Gas Available, Water Available
  • Heating: Yes
  • Cooling Type: Central A/C, Multi Units
  • Cooling Fuel: Electric, Natural Gas
  • Heating Type: Central
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
  • Electric Service: 110 Volts
Confidential Data
Listing Office
  • List Agent AOR: Greater Philadelphia Association of REALTORS

Property History for 101 East Black Horse Back Street East

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 101 East Black Horse Back Street East

This home is within Pleasantville Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 12
Public - PK to 12
Public - PK to 5
Rating
School
Distance
Washington Avenue Elementary School
PublicPK to 5

Decatur Avenue Early Childhood Center
PublicPK to 12

Pleasantville High School
PublicPK to 12

South Main St Elementary School
PublicPK to 5

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.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

101 East Black Horse Back Street East is a multi-family home for sale in Pleasantville, NJ 08232. This property was listed for sale on March 13, 2024 by Tesla Realty Group LLC, it's currently listed at $599,000. This listing's school district is Pleasantville Public School District. Nearby schools include Washington Avenue Elementary School, Decatur Avenue Early Childhood Center and Pleasantville High School. 101 East Black Horse Back Street East is a 4-bed, 4-bath, 5,000 sqft multi-family home built in 1930.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Tesla Realty Group LLC

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board 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, Greator Scranton Board 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.