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Showing 1 of 484
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LOT1 BLACK HORSE PIKE
WILLIAMSTOWN NJ 08094 US

$115,000

Active Listing ID 1000395134
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Lot: 13.82 acre
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Other

$115,000

Active Listing ID 1000395134
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LOT1 BLACK HORSE PIKE The property is located on the busy Black Horse Pike adjoining Summerfields at Friendly Village. Williamstown is growing for sure with Walmart and Applebee's now open. There are two double sided billboards on the property that generate income. Seller does not have a current lease with the billboard company and they can be taken down if Buyer does not want them. It is located in the RGC Zone- Regional Growth Commercial and the rear is zoned RD-RR- Rural Development Residential Receiving. This property is just waiting to have a new owner and join the Williamstown growth! The income from the billboards yearly is $5, 175 and the RE taxes for the Billboards are separate form the land taxes. The taxes on the Billboard structure are $2975. The current billboard company pay the taxes for the Billboard and also the permit cost to the State of NJ. The Seller has not increased the rent for the Billboards in approximately 10 years. The structure for the Billboards is owned by the leasing company. The Seller will take back a mortgage with a 5yr ballon with 50% down.

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Property Features

  • Facts
  • Lot Size: 13.82 acre
  • Property Type: Other
  • Property Sub-type: Other
  • Features
  • Roof Type: Unknown
Listing Changed: 12/4/2020 6:25:51 PM GMT
Source Updated Date: 12/5/2020 6:30:13 AM GMT

Courtesy of: Nell Woulfe, BHHS Fox & Roach Washington-Gloucester Home Marketing Center

Listing Source - ListHub

Copyright © 2020 Berkshire Hathaway HomeServices Fox & Roach, Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.