CCertihomes
88-90 Hanover Street, Pemberton Bor, NJ 08068

$375,000

0 beds 0 baths Built 178772 days on marketClosed

About this home

Combining historic charm with modern, practical business features, this five-unit prime investment opportunity in the heart of Pemberton Borough offers a diverse income stream. The building's convenient location ensures high visibility and foot traffic for the two commercial units. Three residential units provide comfortable living spaces for tenants. A spacious, ground-level storage/maintenance area leads to a basement with individual gas and electric meters for each unit. An astute investor may wish to explore converting the two large attic/storage units into a sixth residential apartment. Imagination, vision for the future, and strategic renovations will capitalize on Pemberton Borough's growing market and promising investment returns. Call The Punzi Team today to schedule your appointment for a private tour of the building and the opportunity to own a lucrative piece of real estate.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.19% APR.

Your estimated payment
$19,461/mo

Real estate (PITI + HOA + PMI)
$19,113
Principal + interest$2,416
Property tax + insurance$16,556
PMI / 2nd mortgage$141
Utilities
$573
Heating + cooling$150
Internet + TV + phone$157
Water + sewer + garbage$58
Transportation
$124
Car insurance + maintenance$124
Other (entertainment)
$157
$19,461/mo TLC
Budget$19,961/mo
Remaining after TLC$500/mo
Purchase price
$375,000
Down payment
$18,750 (5%)
Loan amount
$356,250
APR
7.19%

Quick facts

Type
3 Family
Style
Year built
1787
Lot size
Stories
0
Heating
Baseboard
Cooling
A/C Window Unit(s)
Water
Public
HOA
Annual tax
$191,900
MLS #
2410268R
County
Burlington

At a glance

Basement

Home features

Appliances
Water Heater(Gas)
Interior
Unit 1(See Remarks)Unit 2(See Remarks)Unit 3(See Remarks)
Parking
On Street
Roof
Asphalt, Slate
Sewer
Public Sewer
Ownership
Fee Simple

Lot features

Corner Lot

Neighborhood — 08068

MetricThis ZIPCountyUSA
Population12,2788,832,837299,088,112
Population Change Since1990-4.00%14.00%20.00%
Population Density4231,137
Male6,1894,307,827147,432,321
Female6,0264,525,010151,655,844
Never Married2,3571,965,81163,775,926
Married5,4663,647,435123,120,365
Separated493391,23912,639,686
Widowed591515,17215,467,586
Divorced742529,39323,075,029
Number Of House Hold4,3673,167,345111,826,380
Average House Hold Size2.762.732.60
Medial Age33.1437.1535.46
Median House Hold Income$54,411$63,392$48,276
Average House Hold Income$61,767$83,312$63,629
P C I$22,164$30,662$24,529
M D I$45,739$52,505$41,133
A T H E$50,327$61,369$50,898
S T R7.00%7.00%
W C J78.26%81.02%77.74%
(Zip) Code
8068

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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Central Jersey Multiple Listing System, INC

Listing information last refreshed 4/12/2024. Provided courtesy of EXP REALTY, LLC via Central Jersey Multiple Listing System, INC. Information deemed reliable but not guaranteed.