204 ATLANTIC STREET, Bridgeton, NJ 08302 - Cumberland County

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 13 units within two buildings. It is currently operating at approximately 65% 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.

The main building is sprinklered with a fire escape exit. Eleven out of the thirteen units are in building one. Building two has two of the thirteen units with driveway access from the rear street. There is hookup in the basement of building one for a shared laundry room.

Outline of floor plan/layout below:

MAIN HOUSE - INTERIOR ROOMS with common area entrance

First Floor

Room 1 - One Room, Full Bath, Kitchenette

Room 2 - Two Rooms, Full Bath, Kitchenette

Second Floor

Room 5 - One Room, Half Bath (toilette and sink), small fridge, and microwave

Room 6 - One Room, Sink

Room 7 - One Room, Toilette, Sink - Vacant

Room 8 - One Room, Sink Only

Room 9 - One Room, Toilette, Sink

Third Floor

Room 12 - One Room, Toilette, Sink

Room 14 - One Room, Sink

MAIN HOUSE - EXTERIOR ROOMS - Separate entrances to each unit/room via side porches

Room 3 - One Room, Full Bathroom, Kitchenette, Sink

Room 4 - One Room, Toilette, Shower, Kitchenette

BUILDING TWO - SEPERATE STRUCTURE

Room 10 - Two Rooms, Full Bath, Kitchen

Room 11 - Kitchenette, Toilette, Shower

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