NOT LISTED FOR SALE

5 S Main St Williamstown, NJ 08094

-- Bed
-- Bath
2,594 Sq Ft
6,970 Sq Ft Lot

Last Sold June 12, 2024

Last sale price $465,000 $179 Per Sq Ft

34 Days on Market

About This Home

As of June 2024

Here is an excellent opportunity to own an income generating multi use property with great visibility on a corner lot. There are 3 one bedroom residential units, an office, and a detached 2 car garage! One residential unit is currently vacant. The property is very well maintained with new siding, new roof, and half of the windows replaced. Gas and electric utilities are separate for each unit and each unit has washer/dryer hookups in the unit. The landlord pays for water and sewer. The vacant unit was recently updated with new kitchen, bathroom and carpet. Unit A is the office currently rented out for $900 a month and owner occupied. The owner is willing to lease back the office. Unit B is leased for $1,250.00 per month, Unit C is vacant but could rent for $1,350.00, Unit D is rented for $1,350.00 a month, and the garage is rented for $245 a month. For a diversified income stream you can't beat this property.

Last Agent to Sell the Property

Greg Damone

Better Homes and Gardens Real Estate Maturo License #0344310 Listed on: 03/26/2024

Better Homes and Gardens Real Estate Maturo

Last Buyer's Agent

CASSANDRA HOWIE

New Era Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,263

Year Built

  • Built in 1920

Lot Details

  • 6,970 Sq Ft Lot

Parking

  • 2 Car Detached Garage
  • 4 Open Parking Spaces
  • Front Facing Garage
  • Parking Lot
  • Off-Street Parking

Home Design

  • 2,594 Sq Ft Home
  • Brick Foundation
  • Frame Construction

Utilities

  • Window Unit Cooling System
  • Radiator
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 00001
  • Assessor Parcel Number 11-11806-00001

Community Details

Overview

  • 4 Units

Building Details

  • 1 Vacant Unit
  • Gross Income $61,140

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,263

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Exclusions: Tenants' personal property
  • New Construction: No
  • Expected On Market: 2024-03-26
  • Year Built: 1920
  • Automatically Close On Close Date: Yes
  • Remarks Public: Here is an excellent opportunity to own an income generating multi use property with great visibility on a corner lot. There are 3 one bedroom residential units, an office, and a detached 2 car garage! One residential unit is currently vacant. The property is very well maintained with new siding, new roof, and half of the windows replaced. Gas and electric utilities are separate for each unit and each unit has washer/dryer hookups in the unit. The landlord pays for water and sewer. The vacant unit was recently updated with new kitchen, bathroom and carpet. Unit A is the office currently rented out for $900 a month and owner occupied. The owner is willing to lease back the office. Unit B is leased for $1,250.00 per month, Unit C is vacant but could rent for $1,350.00, Unit D is rented for $1,350.00 a month, and the garage is rented for $245 a month. For a diversified income stream you can't beat this property.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Foundation Details: Brick/Mortar
  • Total Sq Ft: 2594
  • Living Area Sq Ft: 2594
  • Price Per Sq Ft: 186.97
  • Above Grade Finished Sq Ft: 2594
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Parking Lot, Off Street, Detached Garage
  • Parking Lot Number Of Spaces: 4

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: MONROE TOWNSHIP PUBLIC SCHOOLS
  • School District Key: 300200397493
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.16
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6970.00
  • Year Assessed: 2023
  • Zoning: RESIDENTIAL

Rental Info

  • Rent Control: No
  • Units Leased Count: 3
  • Vacation Rental: No

Multi Family

  • Number Of Units Vacant: 1
  • Gross Scheduled Income: 61140.00
  • Single Room Units Count: 1

Tax Info

  • Tax Annual Amount: 6263.00
  • Assessor Parcel Number: 11-11806-00001
  • Tax Lot: 00001
  • Tax Total Finished Sq Ft: 2594
  • Tax Data Updated: No
  • Tax Year: 2023
  • Close Date: 06/12/2024

MLS Schools

  • School District Name: MONROE TOWNSHIP PUBLIC SCHOOLS

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2024 06/12/24 Sold $465,000 -4.1% $179 / Sq Ft
04/30/2024 04/30/24 Pending -- -- --
03/26/2024 03/26/24 For Sale $485,000 -- $187 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Greg Damone

    Seller's Agent in 2024

    Greg Damone

    Better Homes and Gardens Real Estate Maturo

    (856) 313-8984

    8 in this area

    89 Total Sales

    Section Image

  • C

    Buyer's Agent in 2024

    CASSANDRA HOWIE

    RE/MAX

    (609) 385-5893

    1 in this area

    75 Total Sales

    Section Image
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Map

Source: Bright MLS

MLS Number: NJGL2040566

Bright MLS

APN: 11 11806-0000-00001

New Jersey Gloucester County Williamstown 08094

5 S Main St, Williamstown, NJ

This home is located at 5 S Main St, Williamstown, NJ 08094 since 26 March 2024. This property was built in 1920. 5 S Main St is a home located in Gloucester County with nearby schools including Williamstown High School, St. Mary School, and Finest of the Wheat Christian.

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