Great investment opportunity located in the heart of Beverly, NJ, Burlington County! This 6-unit multi-family property features a total of 7 bedrooms and 6 bathrooms. Four units are tenant-occupied, and two units are vacant, offering excellent potential for additional rental income. Conveniently located near local amenities and transportation, this property is a perfect choice for investors looking for growth and steady income. The property is being sold as is. The seller is an LLC and is a contract purchaser subject to receiving and conveying title.
Looking for an investment opportunity with instant cash flow? This 2240 square foot mixed-use property has been renovated down to the studs and is currently rented until August. Brand new electrical, plumbing, HVAC, flooring, fixtures, appliances, and lighting. The first floor commercial space features 4 separate rooms, a kitchenette and 1.5 baths and is currently vacant. The second floor is a 3 bedroom, 1 bath apartment and currently rented for $2,250 on a month to month lease. Ample storage space in the full basement and a parking lot for 15 cars. Great location in downtown Beverly with high visibility.
The median home value in Beverly, NJ is $350,000. This is higher than the county median home value of $316,600. The national median home value is $338,100. The average price of homes sold in Beverly, NJ is $350,000. Approximately 53.33% of Beverly homes are owned, compared to 19.96% rented, while 26.72% are vacant. Beverly real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Beverly real estate agent to arrange a tour today!
Beverly, New Jersey has a population of 2,107. Beverly is less family-centric than the surrounding county with 15.6% of the households containing married families with children. The county average for households married with children is 32.09%.
The median household income in Beverly, New Jersey is $84,234. The median household income for the surrounding county is $95,935 compared to the national median of $69,021. The median age of people living in Beverly is 39.9 years.
The average high temperature in July is 86.7 degrees, with an average low temperature in January of 22.8 degrees. The average rainfall is approximately 48.2 inches per year, with 10.6 inches of snow per year.