12 Haddon Avenue

Westmont, NJ 08108

$375,000
Last Sold Price
Beds
2,052 Sq. Ft.
$183 / Sq. Ft.
2,052
Sq. Ft.
$183
per Sq. Ft.

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...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)
  1. Listed by Teresa M McKenna • EXP Realty, LLC
    P: 8562875317 terri@patmckennarealtors.com

Property Details for 12 Haddon Avenue

Tax ID Number
16-00020 16-00019
Ownership
Fee Simple
Structure Type
Interior Row/Townhouse
Style
Colonial
Waterfront
No
Garage
No
Subdivision
WESTMONT
Subdivision
WESTMONT (CAMDEN NJ)

Location

Listing Courtesy of EXP Realty, LLC

Sold By SJI HOLDINGS LLC

Add your commute
LISTING UPDATED: 05/09/2023 12:44 PM

Property Details for 12 Haddon Avenue

StatusClosed
MLS #NJCD2043826
Days on Market19
Taxes$6,842 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1915
Lot Size0.06 AC / 2,701 SF
CountyCamden County

Location

Listing Courtesy of EXP Realty, LLC

Sold By SJI HOLDINGS LLC

Add your commute

Building Information for 12 Haddon Avenue

Stories-Residences2Year Built1915Building Size-Lot Size0.06 AC / 2,701 SF

Payment Calculator

$2,617 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,047

Property Taxes

$570

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 12 Haddon Avenue

Location
Location
  • School District Name: HADDON TOWNSHIP PUBLIC SCHOOLS
  • School District County ID: 300200396987
  • SchoolDistrictSource: Listing Agent
  • County: CAMDEN
  • MLS Area: Haddon Twp (20416)
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: 2022
  • Tax Assessed Value: $172,500
  • Year Assessed: 2022
  • County Tax: $0
  • Improvement Assessed Value: $144,800
  • City Town Tax: $0
  • Land Assessed Value: $27,700
  • Clean Green Assessed: No
  • Land Use Code: 0
  • Zoning: COMMERCIAL
  • Zoning Dscrp: Mixed-Use
  • Tax Lot: 00019
  • School Tax: $0
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Owner Pays: Taxes - Real Estate, Water, Sewer
  • Concessions: No
Unit Information
Unit Information
  • Single Room Units Count: 1
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 1
  • Three Bedroom Units Count: 0
  • Units Leased Count: 2
  • Number Of Units Vacant: 0
Financial Information
Financial Information
  • Annual Rental Income: $2,705
Building Info
Building Info
  • Building Units Total: 2
  • Total Finished SQFT: 2,052.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 18.00 x 150.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 1880596
Parking
Parking
  • Type Of Parking: On Street, Driveway
Interior Features
Interior Features
  • Fireplaces Count: 0
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Ductless/Mini-Split, Window Unit(s)
  • Cooling Fuel: Electric
  • Heating Type: Radiator, Zoned, Other
  • Heating Fuel: Oil, Electric, Other
  • 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 12 Haddon Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 12 Haddon Avenue

Taxable ValueLand$27,700Additions$144,800Total$172,500
Tax Record2022$7,223 ($602 / month)
Home Facts
Total Finished SqFt2,052 SqFtAbove Grade Finished SqFt2,052 SqFtStories2Lot Size2,701 SqFtStyleMiscellaneous CommercialYear Built1915CountyCAMDENAPN16 00020- 16-00019

Schools near 12 Haddon Avenue

This home is within Haddon Township School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Strawbridge Elementary School
PublicK to 5

William G Rohrer Middle School
Public6 to 8

Haddon Twp High School
Public9 to 12

Stoy 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.

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Listing Courtesy of EXP Realty, 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.