204 Atlantic St, Bridgeton, NJ 08302

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. 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 hlaf bath. Units 6, 8, & 14 are single room units with a sink. Unit 11 is an efficiency unit with a full bath. 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.