Last Updated: 2/21/2017 10:08 AM
Description for 501 5TH Street Atco, NJ 08004
Incoming producing 5600 sq. ft. Commercial Office/Medical Building. Only minutes off both the White Horse Pike and Rt. 73, yet in a quaint county setting. The original owner occupies 1400 sq. ft and wishes to stay on as a Tenant. He is willing to pay $1,900/mo plus utilities. NovaCare has been a long-time tenant in 3000 sq. ft. paying $3,600/mo plus utilities, with the current lease extension thru March 2018. The owner also has additional income from part-time tenants who rent 1000 sq. ft of space on various days. Renting this space to a full-time tenant would produce more income. The building was built in 2 phases with a breezeway joining them together. Utilities (Heat and Electric) to each of the sections are separately metered for the individual tenants to pay separately. Parking is Plentiful! The Roof is approx. 5 years old. There are 5 A/C units that are approx. 3 years old. There is about 600 sq. ft of basement storage space. Priced well below the township assessed value. Come take a look! (*NOTE* ? the interior photos are of the Owner's unit.)
Exterior / Lot Features
Current market conditions for 501 5TH Street
Active Market Trends
Median list price$150,000
Days on market145
Properties for sale87
Sold Market Trends
Median sold price$145,500
Sales to list price9,596.0%
Median sq ft price$80
Arrows indicate 90 day trend
Listing Price History for 501 5TH Street
Atco Real Estate
Atco is located in New Jersey. Atco, New Jersey 08004 has a population of 12,339.
The median household income in Atco, New Jersey 08004 is $75,207. The median household income for the surrounding county is $62,320 compared to the national median of $53,046. The median age of people living in Atco 08004 is 37.5 years.
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