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212-216-218 S Black Horse Pike

BLACKWOOD, NJ 08012
  • $99,900
  • STATUS: Active
  • ON SITE: 169 Days
  • ID#: NJCD2058006
$99,900
  • 0
    BEDS
  • 0.2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

Description

Opportunity Plus. Priced to sell. Located in Blackwood West Redevelopment area in heart of Blackwood across from the Meadows Diner. Priced for a quick sale.. zoned CR. Prime Black Horse Pike location. was 3 units that needs to be completely gutted and remodeled. ( no utilities working or in use) sold as is. prior uses were a barber shop and wood work shop. taxes for 2022 are combined approximately 9,294. total tax assessment is 229,300. copied from the Gloucester Twp web site for zoning, The Blackwood West Redevelopment Plan is a comprehensive revitalization program for this traditional commercial center and its nearby neighborhoods in west central Gloucester Township.The Redevelopment Plans core strategy is to: Accomplish the Redevelopment Plan primarily through mixed-use buildings and mixed site development.Gloucester Township has designated several areas of the Township as redevelopment areas under the Local Redevelopment and Housing Law. Declaring an area in need of redevelopment allows for financial incentives for redevelopment projects. Gloucester Township believes that its ability to grant tax exemptions and abatement is an essential part of a comprehensive strategy to attract new development and redevelopment.Tax Abatement Program. The Township s commercial and industrial tax abatement program is a phase-in of property taxes over 5 years for new projects, or the rehabilitation and/or expansion of existing commercial and industrial properties. Developers must file a pre-application for abatement prior to construction. Further information and abatement applications are available from the Tax Assessor s Office at (856) 374-3532. All applications must be filed within 30 days from completion of construction Payment in Lieu of Taxes (PILOT) Program The PILOT Program is a form of a long term tax exemption in which the developer pays an annual service charge to the Township in the place of local property taxes. The municipality may base the amount of the PILOT on a percentage of a project s total cost over the term of the exemption or a percentage of the project s gross revenue which may fluctuate depending on the financial success of the project. In either case, the Township aims to reduce the amount of money a redevelopment project would be responsible for in property taxes. verify everything with the township .

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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Lisa Mathena Group. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-04-21T02:16:38.367.
www.lisasellsdelaware.com/homes/144999245
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212-216-218 S Black Horse Pike BLACKWOOD, NJ 08012

  • Price: $99,900
  • Status: Active
  • On Site: 169 Days
  • ID#: NJCD2058006
0
Beds
0
Baths
0
½ Baths
0.2
Acres
Neighborhood:
Gloucester Twp (20415)
County:
Camden
Area:
Gloucester Twp (20415)
School District:
Black Horse Pike Regional Schools
Property Description
Opportunity Plus. Priced to sell. Located in Blackwood West Redevelopment area in heart of Blackwood across from the Meadows Diner. Priced for a quick sale.. zoned CR. Prime Black Horse Pike location. was 3 units that needs to be completely gutted and remodeled. ( no utilities working or in use) sold as is. prior uses were a barber shop and wood work shop. taxes for 2022 are combined approximately 9,294. total tax assessment is 229,300. copied from the Gloucester Twp web site for zoning, The Blackwood West Redevelopment Plan is a comprehensive revitalization program for this traditional commercial center and its nearby neighborhoods in west central Gloucester Township.The Redevelopment Plans core strategy is to: Accomplish the Redevelopment Plan primarily through mixed-use buildings and mixed site development.Gloucester Township has designated several areas of the Township as redevelopment areas under the Local Redevelopment and Housing Law. Declaring an area in need of redevelopment allows for financial incentives for redevelopment projects. Gloucester Township believes that its ability to grant tax exemptions and abatement is an essential part of a comprehensive strategy to attract new development and redevelopment.Tax Abatement Program. The Township s commercial and industrial tax abatement program is a phase-in of property taxes over 5 years for new projects, or the rehabilitation and/or expansion of existing commercial and industrial properties. Developers must file a pre-application for abatement prior to construction. Further information and abatement applications are available from the Tax Assessor s Office at (856) 374-3532. All applications must be filed within 30 days from completion of construction Payment in Lieu of Taxes (PILOT) Program The PILOT Program is a form of a long term tax exemption in which the developer pays an annual service charge to the Township in the place of local property taxes. The municipality may base the amount of the PILOT on a percentage of a project s total cost over the term of the exemption or a percentage of the project s gross revenue which may fluctuate depending on the financial success of the project. In either case, the Township aims to reduce the amount of money a redevelopment project would be responsible for in property taxes. verify everything with the township .
Exterior Features

Construction Materials Brick Garage YN No Location Type Other Parking Types On Street Property Condition Major Rehab NeededBelow Average Water Access YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 1800.00 Cooling None Heating 90% Forced Air Heating YN Yes Inclusions as is Net Square Feet 1800.00

Property Features

Acceptable Financing CashOther Accessibility Features None Association YN No Central Air YN No Cooling Fuel None Cross Street W. Lake Ave. Foundation Details Block Heating Fuel Natural Gas Hot Water Natural Gas Lease Considered YN No Municipality GLOUCESTER TWP Navigable Water YN N New Construction YN No Number Of Units Total 0 Original MLSNumber 802715444534 Ownership Interest Fee Simple Property Sub Type Mixed Use Sale Type StandardOther Sewer Public Sewer Tax Annual Amount 9745.00 Vacation Rental YN No Water Source Public Zoning COM

Listing courtesy of BHHS Fox & Roach-Washington-Gloucester: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Lisa Mathena Group. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-04-21T02:16:38.367.
 
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