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212 Warren St Beverly 212 Warren St 6 Unit Apartment Building $1,195,000 ($199,167/Unit) 8.17% Cap Rate Beverly, NJ 08010



Investment Highlights
- Excellent visibility for rental advertisement near Family Dollar
- Recently renovated with premium finishes for long-lasting, low maintenance performance
- Lots of natural light and high ceilings
Executive Summary
OPEN RECENTLY! 9%+ cap rate Cash Flow Opportunity Calls! 6 Unit Historic, Residential Multi-Family Building with Surface Parking Lot in Beverly, NJ, minutes from the Beverly - Edgewater Park River LINE Train Stop and the Delaware River. Property Features 3, 1 Bedroom Units and 3, 2 Bedroom Units. 4 of the units are recently renovated. Renovated one and two bedroom apartments are currently available to tour and are offered for rent. Pet Friendly. Freshly Painted. Hardwood Floors. 8+ ft Ceilings. Air Conditioning. Off Street Parking Spaces. The living rooms are spacious and bright, featuring large windows that let in plenty of natural light. The kitchens are renovated and upgraded with new Refrigerator and Gas Stove Oven. The bathrooms are renovated with new vanity and fixtures. Some apartments have private elevated decks for tenant's personal use. This apartment is located in a vibrant, tree-lined neighborhood just minutes from downtown Beverly. Plenty of shops, restaurants, and parks are nearby, making it a great place to live, work, and play. If you're looking for a stylish and comfortable apartment building in a great location, this is the perfect place for you. Measurements are approximate. Buyer to verify. Pro Forma rent is $10,050/month. Own a property that will grow in value over time and bring in passive income. Submit your offer today!
Financial Summary (Pro Forma - 2026) 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 (Pro Forma - 2026) 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
Amenities
- Smoke Detector
Unit Amenities
- Air Conditioning
- Balcony
- Cable Ready
- Microwave
- Storage Space
- Heating
- Tile Floors
- Granite Countertops
- Hardwood Floors
- Refrigerator
- Oven
- Stainless Steel Appliances
- Tub/Shower
- Walk-In Closets
- Yard
- Basement
- Vinyl Flooring
Site Amenities
- 24 Hour Access
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 2 | $1,550 | 600 |
| Studios | 1 | $1,400 | 500 |
| 2+1 | 3 | $1,850 | 700 |
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Good public transit
60/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 02-01162-0000-00006 | Total Assessment | $422,400 (2025) |
| Land Assessment | $33,500 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $388,900 (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
02-01162-0000-00006
Land Assessment
$33,500 (2025)
Improvements Assessment
$388,900 (2025)
Total Assessment
$422,400 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2026
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212 Warren St Beverly | 212 Warren St
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