Mixed-Use

2 North Main Street

2 N Main St, Pleasantville, NJ 08232

Listing Price: $900,000

Cap Rate
6.30%
Number of Units
12
Price/Unit
$75,000
Price/Gross SF
$66.67
Gross SF
13,500

Investment Overview

Marcus & Millichap is pleased to present this great investment opportunity. 2 North Main Street includes 8 residential units with seven 2 bedroom units and one 1 Bedroom unit, as well as 4 retail/commercial units. Pleasantville, NJ located in Atlantic County is a city united by strong community business relations and an aggressive redevelopment program. It is strategically located just 5 miles from downtown Atlantic City and is ready to meet the challenges of rapid economic growth. Pleasantville is referred to as the "City on the Move," featuring an active mix of retail, professional and light industrial businesses. NJ Transit offers bus service to Atlantic City, New Jersey and other intermediate stations on routes 502 (from Atlantic Cape Community College), 507 (from Ocean City), 508 (from Hamilton Mall), 509 (from Ocean City), 553 (from Upper Deerfield Township), 554 (from Lindenwold station) and 559 (from Lakewood Township).

Investment Highlights

  • 5 Miles from Atlantic City
  • 7 of 8 Residential Units are 2 Bedrooms
  • Value Add Potential to bump Rents to Market

Exclusively Listed By

Broker of Record

  • Brian Hosey

    Vice President / District Manager

    License(s): NJ: 1434917

    New Jersey

Listing Price: $900,000

Cap Rate
6.30%
Number of Units
12
Price/Unit
$75,000
Price/Gross SF
$66.67
Gross SF
13,500

Investment Highlights

  • 5 Miles from Atlantic City
  • 7 of 8 Residential Units are 2 Bedrooms
  • Value Add Potential to bump Rents to Market

Investment Overview

Marcus & Millichap is pleased to present this great investment opportunity. 2 North Main Street includes 8 residential units with seven 2 bedroom units and one 1 Bedroom unit, as well as 4 retail/commercial units. Pleasantville, NJ located in Atlantic County is a city united by strong community business relations and an aggressive redevelopment program. It is strategically located just 5 miles from downtown Atlantic City and is ready to meet the challenges of rapid economic growth. Pleasantville is referred to as the "City on the Move," featuring an active mix of retail, professional and light industrial businesses. NJ Transit offers bus service to Atlantic City, New Jersey and other intermediate stations on routes 502 (from Atlantic Cape Community College), 507 (from Ocean City), 508 (from Hamilton Mall), 509 (from Ocean City), 553 (from Upper Deerfield Township), 554 (from Lindenwold station) and 559 (from Lakewood Township).

Exclusively Listed By

Broker of Record

  • Brian Hosey

    Vice President / District Manager

    License(s): NJ: 1434917

    New Jersey

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