#NJCD2088188, Timothy H Belko, Listing Office: BHHS Fox & Roach-Washington-Gloucester
112 W Merchant St Audubon, NJ 08106
Property details
About 112 W Merchant St
Prime Property in the Heart of Audubon! A fantastic investment opportunity in Audubon's thriving business district! The property has a 5k per month potential for an annual 10% cap rate. This versatile property features a spacious ground-floor commercial unit with modern black-framed windows that provide excellent visibility and curb appeal. Ideal for a restaurant, café, or retail space, this unit offers the perfect setting for outdoor seating and heavy foot traffic from nearby businesses. Whether you're launching a new venture or expanding an existing one, this high-exposure location is a turnkey solution for success. Upstairs, a beautifully renovated 2-bedroom, 1-bath residential unit awaits. The open-concept living space boasts a modern kitchen with quartz countertops, a spacious island, and sleek stainless-steel appliances. A charming southern-style porch offers a cozy retreat, perfect for unwinding after a long day. Each unit includes two designated parking spaces at the rear of the property, adding convenience for tenants and business owners alike. Whether you're an investor seeking rental income or a business owner looking for a live/work opportunity, this property offers unmatched flexibility and potential. Don't miss out on this prime Audubon location-schedule your showing today!
Highlights
(ACTIVE)
Summary
- MLS Number: NJCD2087728
- MLS Name: BRIGHT
- Office Name: Beverly Lyons Real Estate Agency, LLC
- Office Phone: (732) 865-2136
- Office Email: beverly@thebevlyons.com
- Listing Agent: Beverly Lyons
- Agent Phone: (732) 865-2136
- Agent Email: beverly@thebevlyons.com
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Last updated on: 3/15/2025, 8:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$599,000
112 W Merchant St
$7,113
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Jul 21, 2021 | Home Sold | $330,000 |
Oct 17, 2018 | Home Sold | $60,000 |
Oct 04, 2007 | Home Sold | $313,500 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $176,900 | $6,904 |
2022 | $176,900 | $6,440 |
2021 | $176,900 | $6,379 |
2020 | $176,900 | $6,379 |
2019 | $176,900 | $6,216 |
History based on county public records data.
Nearby schools
6
Mansion Avenue School
Public District 3-6
0.4 mi
•300 Mansion Ave
7
Clyde S. Jennings Elementary School
Public District KG-5
0.4 mi
•100 W Cedar Ave
6
Van Sciver Elementary School
Public District PK-5
1.0 mi
•625 Rhoads Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $61,133. The majority of Audubon, NJ residents have income between $35k-100k annually. Typical family type is single, no kids. Most residents in this area have post secondary degree education.
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Frequently asked questions
About 112 W Merchant St
This home is located at 112 W Merchant St in Audubon, NJ and zip code 08106. This 2,080 square foot home, which was built in 1920, sits on a 0.06 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 8, 2025 and is currently priced at $599,000.
While more than 3 listings in Audubon, NJ in February 2025 were sold above asking price, there were more than 0 listings sold at asking price, and more than 5 were sold below. The inventory of homes for sale in Audubon, NJ between January and February 2025 decreased by 16%. The median list price of listings available in February 2025 was $385,000, while the average time on the real estate market was 31 days.