#NJCB2021362, Kevin L Dooley, Listing Office: Graham/Hearst Real Estate Company
569 Morton Ave Bridgeton, NJ 08302
Property details
About 569 Morton Ave
Check out this wonderful business opportunity that consist of a Commercial store front and FOUR two and three bedroom apartments attached in Deerfield Twp. The store front consist of 2000 sq ft with bathroom that is currently used as a photography studio. All units have seperate meters and tenants are responsible for their own utilities. There are a few long term tenants w a total of 3 of them on a month to month lease. Several units have been updated. Electric panels, hot water heaters and storefront HVAC have also been upgraded. Great parking and fantastic location w/ easy access to RT 55. Professional photos coming soon. Mixed-use property: Includes a 2,000 sq. ft. commercial storefront and four residential apartments (3 two-bedroom, 1 three-bedroom). Revenue potential: Multiple streams of income from residential and commercial tenants. Upgrades: Electric panels, hot water heaters, and HVAC system for the storefront have been modernized. Utilities: Separate meters for all units, so tenants cover their own utilities—lowering landlord expenses. Convenience: Fantastic location with easy access to RT 55, offering high visibility and accessibility. Flexibility: Three tenants are on month-to-month leases, giving options for rent adjustments or new arrangements. Updated systems: Modern septic and well systems ensure fewer maintenance headaches. This could be ideal for an investor or owner-operator seeking passive income with minimal overhead due to the updates and tenant responsibility for utilities.
Highlights
(ACTIVE)
Summary
- MLS Number: NJCB2021534
- MLS Name: BRIGHT
- Office Name: Weichert Realtors-Mullica Hill
- Office Phone: (856) 223-2600
- Office Email: tcregan@weichertrealtors.net
- Listing Agent: Juli Morella
- Agent Phone: (856) 904-9280
- Agent Email: julimorella@gmail.com
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Last updated on: 4/17/2025, 6:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$539,900
569 Morton Ave
$6,411
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Price information
Property sales
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Nearby schools
3
Dane Barse Elementary School
Public District KG-5
4.2 mi
•240 S Orchard Rd
2
Compass Academy Charter School
Public Charter PK-5
4.7 mi
•23 W Chestnut Ave
2
Elizabeth F. Moore
Public District 4-5
5.2 mi
•1361 Highway 77
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 $97,569. Typical income of Bridgeton, NJ residents is between $35k-100k annually. Most families are married, no kids. Residents of this area typically have high school diploma education.
Similar homes for sale
This home is located at 569 Morton Ave in Bridgeton, NJ and zip code 08302. This 6,000 square foot home, which was built in 1923, sits on a 0.48 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since November 26, 2024 and is currently priced at $539,900.
While more than 5 listings in Bridgeton, NJ in March 2025 were sold above asking price, there were more than 2 listings sold at asking price, and more than 3 were sold below. The inventory of homes for sale in Bridgeton, NJ between February and March 2025 increased by 28.7%. In March 2025, listings were on the market for 40 days. During the same period, the median list price in this real estate market was $255,000.