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 todays 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 entranceFirst FloorRoom 1 - One Room, Full Bath, KitchenetteRoom 2 - Two Rooms, Full Bath, Kitchenette Second FloorRoom 5 - One Room, Half Bath (toilette and sink), small fridge, and microwaveRoom 6 - One Room, Sink Room 7 - One Room, Toilette, Sink - VacantRoom 8 - One Room, Sink OnlyRoom 9 - One Room, Toilette, SinkThird FloorRoom 12 - One Room, Toilette, SinkRoom 14 - One Room, SinkMAIN HOUSE - EXTERIOR ROOMS - Separate entrances to each unit/room via side porchesRoom 3 - One Room, Full Bathroom, Kitchenette, SinkRoom 4 - One Room, Toilette, Shower, Kitchenette BUILDING TWO - SEPERATE STRUCTURERoom 10 - Two Rooms, Full Bath, Kitchen Room 11 - Kitchenette, Toilette, Shower