Seller's Agent in 2023
Richard Warner
Warner Real Estate & Auction Company
(856) 430-0072
16 in this area
167 Total Sales
39 East Ave Woodstown, NJ 08098
--
Bed
--
Bath
2,835
Sq Ft
0.28
Acres
Highlights
- Colonial Architecture
- Hot Water Heating System
- Carpet
- Downtown Location
About This Home
As of October 2023Attention Savvy Investors... Looking for a Turnkey Investment to add to your portfolio? Check out this three (3) unit mixed use building with off-street parking and detached garage in Woodstown. This property is conveniently located on East Avenue(Route 40) and is situated in the LC (Limited Commercial) zoning district. The building includes a law office on the first floor (lease exp 11/30/2026), two bedroom apartment on the second floor(lease exp 4/30/2024) and a one bedroom apartment on the third floor(lease exp 3/14/2024) . All new leases, well maintained, fully rented and reasonable taxes make this a sound investment in your future. Great 1031 exchange replacement property. Good exposure on Route 40 (14,729 vehicles/day- 2017- count), walking distance to downtown shopping, schools and close proximity to area bridges, I-295 and the NJ Turnpike. A Smart Investment - current gross income - over $46,000 per year and a 9% +/- CAP rate make this a good long term investment in your future. Property sold "As Is" condition.
Last Agent to Sell the Property
Warner Real Estate & Auction Company Listed on: 05/22/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,176
Year Built
- Built in 1885
Lot Details
- 0.28 Acre Lot
- Downtown Location
- Property is in good condition
Home Design
- Triplex
- Colonial Architecture
- Brick Foundation
- Block Foundation
- Pitched Roof
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 2,835 Sq Ft Home
- Carpet
- Unfinished Basement
Schools
- Mary S. Shoemaker Elementary School
- Woodstown Middle School
- Woodstown High School
Utilities
- Window Unit Cooling System
- Hot Water Heating System
- 100 Amp Service
- Natural Gas Water Heater
- Municipal Trash
- Phone Available
- Cable TV Available
Listing and Financial Details
- The owner pays for electricity, insurance, gas, sewer, snow removal, real estate taxes, water
- Assessor Parcel Number 15-00022-00007
Community Details
Overview
- 3 Units
Building Details
- Income includes apartment rentals, professional offices
- Insurance Expense $1,881
- Operating Expense $17,381
- Gross Income $46,632
- Net Operating Income $29,521
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/04/2023 10/04/23 | Sold | $270,000 | -15.4% | $95 / Sq Ft |
| 06/26/2023 06/26/23 | Pending | -- | -- | -- |
| 05/22/2023 05/22/23 | For Sale | $319,000 | 0.0% | $113 / Sq Ft |
| 03/24/2023 03/24/23 | Rented | $200 | 0.0% | -- |
| 03/24/2023 03/24/23 | Under Contract | -- | -- | -- |
| 03/07/2023 03/07/23 | Price Changed | $200 | -60.0% | $0 / Sq Ft |
| 02/06/2023 02/06/23 | Price Changed | $500 | -28.6% | $1 / Sq Ft |
| 01/13/2023 01/13/23 | For Rent | $700 | -- | -- |
Source: Bright MLS
Tax History Compared to Growth
Agents Affiliated with this Home
-
-
Seller's Agent in 2023
Carmela Cetkowski
EXP Realty, LLC
(609) 247-5248
6 in this area
209 Total Sales
-
Buyer's Agent in 2023
Gina Knowles
Home and Heart Realty
(609) 280-2012
2 in this area
55 Total Sales
-
d
Buyer's Agent in 2023
datacorrect BrightMLS
Non Subscribing Office
Map
Source: Bright MLS
MLS Number: NJSA2007706
APN: 15 00022-0000-00007
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information 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 on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2025 Bright MLS, Inc.
Nearby Homes