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4 Units Fully Occupied 1760-1762 Main St 4,522 SF 100% Leased Retail Building Port Norris, NJ 08349 $250,000 ($55.29/SF) 10% Cap Rate
Executive Summary
Attention savvy investors looking for a turnkey investment to add to their portfolios... Check out this fully rented mixed use building in old-fashioned Port Norris. The rentals include the auction house/storage and two apartments - a two bedroom and a one bedroom. Gross rental income is $43,200 per year and good rental history with the tenants. Showings have to be confirmed with tenants. Reasonable property taxes and good cash-on-cash return for investors. Invest in your future today!
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
4,522 SF
Building Class
C
Year Built
1950
Price
$250,000
Price Per SF
$55.29
Cap Rate
10%
NOI
$25,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.17
Lot Size
0.62 AC
Zoning
VB
Frontage
63’ on Main St
Property Taxes
| Parcel Number | 02-00244-0000-00007 | Total Assessment | $203,900 |
| Land Assessment | $32,600 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $171,300 | Tax Year | 2025 |
Property Taxes
Parcel Number
02-00244-0000-00007
Land Assessment
$32,600
Improvements Assessment
$171,300
Total Assessment
$203,900
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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4 Units Fully Occupied | 1760-1762 Main St
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