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$485,000   Price Analysis
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5 S Main St
Williamstown, NJ 08094
3 bed None bath 2,594 SqFt ($186/SqFt)
6,970SqFt lot. Built 1920
Listed 2024-03-26
USDA Eligible
near Williamstown, NJ
 Restrictions may apply
due to home size

Here is an excellent opportunity to own an income generating multi use property with extraordinary visibility on a corner lot.

* Sale Pending *

There are 3 one bedroom residential units, an office and a detached 2 car garage! One residential unit is currently vacant. The property is 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 vacan t unit was recently updated with new kitchen, bathrom 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.


Presented by Joseph "Greg" Damone at
Better Homes and Gardens Real Estate Maturo.
Listing Agent Photo

Property MLS #NJGL2040566 from BrightMLS

Bedrooms: 3

Cooling Features: Window Unit(s)
Heating Features: Radiator
Heating: Yes

Garage Spaces: 2
Garage Features: Garage - Front Entry
Parking Features: Detached Garage Spaces: 2, Parking Lot Spaces: 4, Parking Lot, Off Street, Detached Garage
Parking Total: 6

Lot Size Acres: 0.1600092
Lot Size Square Feet: 6970

Number of Units: 4
Number of 1 Bedroom Units: 3

School District: MONROE TOWNSHIP PUBLIC SCHOOLS

Williamstown High School is a public high school located approximately 0.8 miles away.
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Oak Knoll Elementary School is a public elementary school located approximately 0.3 miles away.
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Yale School Williamstown Campus is a private elementary, middle and high school located approximately 0.4 miles away.
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Williamstown Middle School is a public elementary and middle school located approximately 0.5 miles away.
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Annual Tax Amount: 6263.0
Source Listing Status: Pending
County: GLOUCESTER
Source Property Type: Multi-Family
Area: GLOUCESTER
Source Neighborhood: GLOUCESTER
Postal Code Plus 4: 1488
Township: MONROE TWP
Source System Name: C2C

Listed 2024-03-26
$485,000
BrightMLS

Total Square Feet Living: 2594
Year Built: 1920
Construction Materials: Frame
Property Age: 104
Structure Type: Detached
Architectural Style: Detached
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.