Discover a rare opportunity with this Class A Rooming House (Current New Jersey State License) located in the charming town of Bridgeton, NJ. Built in 1900, the property boasts 14 units within multiple buildings. It is currently operating at approximately 70% occupancy with current rental agreements in place. This type of asset offers a stable and consistent income stream. The property stands out in today’s market as a hard-to-find asset class, providing a unique blend of historic charm and modern income potential.
There are three styles of units within the buildings. Units 1-4 are efficiency units with a full bath and kitchenette. Units 5, 7, 9 & 12 are single room units with a half bath. Units 6, 8, & 14 are single room units with a sink. Unit 11 is an efficiency unit with a full bath.
