36 E Broad St, Paulsboro, NJ 08066

List Price
Days on Market
Lot Size (Acres)
Year Built
School District
Paulsboro Public Schools

Property Description

Premium Location: Embrace the potential of this property that offers lucrative opportunities for the discerning investor. Commercial storefronts on the lower level and potential for 2 residential units above. Situated on a bustling main street in Paulsboro's downtown business district. Zoned for commercial use, the lower level boasts two well-maintained storefront offices. High Potential Returns: With a current monthly revenue of $2,350 and projected monthly revenue of over $5,000. Unit 1: Currently leased by Jackson Hewitt with a rent of $1,250/month until April 2027 Unit 2: Recently renovated and leased to a hair salon called Babe's Club at $1,100/mo until Dec 2026. Both units feature commercial carpeting and/or laminate flooring, a kitchen area, powder room, drop ceilings, and offer a warm professional atmosphere. Additional storage space is available in the basement, equipped with bilco doors for ease of access, as well as interior access. The upper level presents a unique opportunity. Previously gutted, it awaits transformation. With township approvals in place, there's potential for two residential units, projected at $1,600 per unit in rental income. Alternatively, maintain the space for commercial purposes, and maximize revenue. Both first floor commercial units have newly installed mini-split HVAC units, and the entire building has a boiler with a newly installed gas burner (converted from oil to gas in 2022).

Additional Information

Paulsboro Boro (20814)
School District
Paulsboro Public Schools
Carpet, Laminated
Baseboard - Hot Water
Heating Fuel
Natural Gas
Central A/C
Cable TV Available, Electric Available, Phone Available, Sewer Available, Water Available
Public Septic

Mortgage Calculator

Amount of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of BHHS Fox & Roach-Mullica Hill South. Contact: (856) 343-6000

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