Westville, NJ 08093 212 Gateway Boulevard
$649,000
14 more
Presented By: BHHS Fox & Roach-Margate
SQFT • 5,500
Home Details
NOW FULLY OCCUPIED!!
Attention Investors - Dont miss out on this incredible opportunity in Westville, NJ. The property features three residential units and a downstairs commercial space (all fully rented) providing immediate rental income. Bringing in $91,000 annual gross income this will be a perfect addition to your portfolio.
This property offers excellent access to key highways like Routes 130, 295, 76, 676, and 42, along with quick connections to the Walt Whitman, Ben Franklin, and Commodore Barry Bridges. It is conveniently located just 10 miles from Philadelphia and around 30 miles from Wilmington, DE, this location offers easy access to both major cities.
With a cap rate of 10%, this property presents a great investment opportunity.
This is a rare opportunity that you wont want to missschedule your showing today!
Presented By: BHHS Fox & Roach-Margate
Interior Features for 212 Gateway Boulevard
Bathrooms
Total Restrooms2
Other Interior Features
Central Air Y/NYes
Heating FuelElectric
Heating Y/NYes
Hot WaterNatural Gas
General for 212 Gateway Boulevard
Acceptable FinancingCash, Conventional, FHA
Accessibility2+ Access Exits
Association Recreation FeeN
Business TypeProfessional
Cap Rate7.10
CityWESTVILLE
Construction MaterialsOther
Cool FuelElectric
CoolingCentral A/C
CountyGLOUCESTER
DirectionsTurn left onto River Drive, then make a slight left onto Gateway Blvd.
DisclosuresAgent Related to Owner
ExclusionsPersonal Property
Gross Income73500.00
HeatingBaseboard - Electric
Historic Y/NNo
Lease Considered Y/NYes
Lot Size Square Feet9714.00
Lot Size UnitsSquare Feet
MLS AreaWestville Boro (20821)
ModificationTimestamp2025-05-06T17:25:48
MunicipalityWESTVILLE BORO
Net Operating Income46159.00
New ConstructionNo
Number Of Units Total0
OwnerPaysCommon Area Maintenance
OwnershipFee Simple
PossessionSettlement
Price Per Sq Ft Total AG117.66
Property ConditionExcellent
Property SubtypeMixed Use
Property TypeCommercial Sale
Property UseInvestment
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Tax Annual Amount13297.0
Tax Assessed Value244400.0
Tax Lot00004
Tax Year2024
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1928
Year Built SourceAssessor
ZoningCOMMERICAL
Exterior for 212 Gateway Boulevard
Building Area Total5516.00
Car Parking Spaces15
Land Assessed Value57500.00
Land Use Code
Lot Dimensions0.00 x 0.00
Lot FeaturesNot In Development
Lot Size Acres0.22
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Parking FeaturesPaved Parking
Total Loading Docks0
Total Parking Spaces15
Type of ParkingParking Lot
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
WaterfrontY/NNo
Additional Details
Price History
Aleksandar Tomic
Real Estate Professional