825 Jersey AvenueGloucester City, NJ 08030

Description

******BUYER WAS NOT ABLE TO SECURE FINANCING- NO FAULT TO SELLER- MOTIVATED ***** Currently, the commercial portion downstairs is vacant & available for business use ( please check with the township on allowable uses). The residential portion upstairs unit is rented for $2250 monthly, the lease ends 09/01/2026. This is a one-of-a-kind 3-story property that is already earning income. Add to your portfolio & collect the rent or live & run your business. Commercially zoned, live on the top two floors, and run your business office space on the first floor office space. Fully Renovated Mixed-Use Stone Duplex Building with Endless Potential! Welcome to a truly unique and versatile property. This three-story, free-standing stone duplex perfectly blends historic charm with modern upgrades. Whether you are seeking to live and work under one roof or invest in a property with strong rental potential, this gem offers the flexibility and functionality you need. The Commercial Space was formerly home to the reputable CPA firm, The Hopkins Centre. This property is perfectly suited for professional or small business use. Some of the features of the commercial portion of the building include three separate & private entrances with an enclosed porch, spacious & light-filled rooms ideal for offices, consulting, or client services. Also, an updated powder room as well as a full basement, which offers a large storage option. The residential Living portion also offers a separate private entrance to the two-story living quarters above. The residential portion offers three to four generously sized bedrooms (or you can use 3 bedrooms and one room for family entertainment), two full bathrooms (one on each level), and a stunning, fully renovated kitchen perfect for cooking and entertaining. Both the commercial & residential portions offer a new roof, HVAC, updated electrical, plumbing, new drywall, and beautiful wood laminate flooring throughout, as well as upgraded bathrooms You'll also note the preserved original details, including the stained-glass windows, original baseboards, trim, and an elegant wooden staircase. Kitchen Appliances & Fireplace delivered in AS IS condition. This property boasts Investment Potential !!!! Generous on-site parking & Move-in ready — the work has already been done! Located less than a 1/2 mile from Gloucester City's Marina/Proprietors Park, as well as close to popular eateries & taverns. Easily accessible to all the major highways and just minutes to bridge access for Center City Philadelphia Enjoy the vibrant culture of Gloucester and its strong sense of community. From the summer concert series by the water to exciting community events & a variety of old & new dining/drink options, Gloucester offers an exciting and dynamic setting to thrive, both as a resident and a business owner. The possibilities here are endless. Whether you're an entrepreneur, a savvy investor, or someone seeking the perfect live-work setup, this property delivers on all fronts Put this one on your 'Must See' list! Rare opportunity properties like this one don't come around often!

Property Information

Property type

Residential Income

Sub-type

Multi Family

Structure type

House

Year built

1920

Stories

3

Living area

3,000 Sq Ft

Lot size

0.18 acres

Lot dimensions

80.00 x 100.00

Parking spaces

5

Zoning

COMMERCIAL

Days on market

229

MLS^® Listing#

NJCD2094256

Property Features

Interior

Eat-in Kitchen · Ceiling Fan(s) · Kitchen Island · Recessed Lighting

Exterior

Lighting

Appliances

Electric Range · Electric Oven · Gas Water Heater · Water Heater · Microwave

Cooling

Central Air · Ceiling Fan(s) · Electric

Heating

Natural Gas · Forced Air · Heat Pump · Radiant

Flooring

Stone · Vinyl

Basement

Exterior Entry · Walk-Out Access · Unfinished · Interior Entry

Pool

None

Parking

On Street · Private · Lighted · Paved · Parking Lot · Driveway

Construction

Stone

Foundation

Stone

Roof

Shingle

Security

Smoke Detector(s) · Carbon Monoxide Detector(s)

Community

Sidewalks

Utilities

Cable Available · Natural Gas Available · Water Available · Sewer Available · Electricity Available

Sewer

Public Sewer

Water source

Public

Schools

District

GLOUCESTER CITY SCHOOLS

Financial Details

Annual taxes

$7,248Tax year 2024

Assessed value

$144,600

Parcel number

14-00096-00021

Directions

S Crescent Boulevard to Market street, take Lane Ave to S Broadway to Jersey Ave