32 Edgewater Ave

Beds
Baths
2,400 Sq. Ft.
$133 / Sq. Ft.
2,400
Sq. Ft.
$133
per Sq. Ft.

Description

Triplex! Looking for your next money making income producing property or house hack? This three (3) unit Triplex WITH WATER VIEWS from upper units is located in the heart of Westville. Seller diligently cared for this building for over 25 years and is now seeking a new owner. With a main floor unit consisting of 2 bedrooms, 1 full bath, kitchen, living room and storage container rental. This unit is currently rented at $1,470 per month to month lease and also rents 1/2 of shipping container at additional...Triplex! Looking for your next money making income producing property or house hack? This three (3) unit Triplex WITH WATER VIEWS from upper units is located in the heart of Westville. Seller diligently cared for this building for over 25 years and is now seeking a new owner. With a main floor unit consisting of 2 bedrooms, 1 full bath, kitchen, living room and storage container rental. This unit is currently rented at $1,470 per month to month lease and also rents 1/2 of shipping container at additional $85 per month. Upstairs are 2 additional units and both have magnificent water views of BIG TIMBER CREEK. The 2nd unit (upper) consists of 2 bedrooms and 1 bath and kitchen living area and is rented at $810 per month to month lease. The 3rd unit (upper) is an efficiency with kitchen, full bath and living /bedroom area and is currently rented at $925 per month. This unit will be vacated by the end of January, 2024. House hack and owner occupy in this money maker or put a tenant in at the current market rent. Great location minutes from Philadelphia via car or boat. Seller will be looking for an as is sale and preference is for cash/conventional buyers. Proof of funds will be required before any showing requests are confirmed.

Property Details for 32 Edgewater Avenue

Tax ID Number
21-00031-00025
Ownership
Fee Simple
Structure Type
Detached
Style
Colonial
Waterfront
No
Views
River
Garage
No
Cross Street
BROADWAY
LISTING UPDATED: 03/05/2024 09:10 PM

Property Details for 32 Edgewater Avenue

StatusClosed
MLS #NJGL2037614
Days on Market14
Taxes$6,839 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1946
Lot Size0.53 AC / 22,914 SF
CountyGloucester County

Location

Listing Courtesy of EXP Realty, LLC

Sold By Real Broker, LLC

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Building Information for 32 Edgewater Avenue

Stories-Residences1Year Built1946Building Size-Lot Size0.53 AC / 22,914 SF

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Principal and Interest

$1,560

Property Taxes

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Property Information for 32 Edgewater Avenue

Location
Location
  • Transportation: Bus Stop less than 1 mile, Commuter Rail Station 1 to 5 miles
  • School District Name: WESTVILLE PUBLIC SCHOOLS
  • School District County ID: 300200396137
  • SchoolDistrictSource: Listing Agent
  • Elementary School: PARKVIEW E.S. (GLOUCESTER NJ)
  • ElementarySchoolSource: Listing Agent
  • Middle Or Junior School: GATEWAY REGIONAL M.S. (GLOUCESTER NJ)
  • MiddleSchoolSource: Listing Agent
  • High School: GATEWAY REGIONAL H.S. (GLOUCESTER NJ)
  • HighSchoolSource: Listing Agent
  • County: GLOUCESTER
  • MLS Area: Westville Boro (20821)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: Yes
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
  • Association Recreation Fee Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2022
  • Tax Assessed Value: $133,700
  • Year Assessed: 2022
  • County Tax: $0
  • Improvement Assessed Value: $96,500
  • City Town Tax: $0
  • Land Assessed Value: $37,200
  • Clean Green Assessed: No
  • Land Use Code: 0
  • Zoning: COMM
  • Tax Lot: 00025
  • School Tax: $0
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Owner Pays: Sewer, Water, Insurance, Taxes - Real Estate
  • Concessions: No
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 1
  • Two Bedroom Units Count: 2
  • Three Bedroom Units Count: 0
  • Units Leased Count: 3
  • Vacancy Allowance Rate: .00%
  • Number Of Units Month To Month: 3
  • Rent Control: No
Financial Information
Expenses
  • Operating Expense Includes: Snow Removal, Insurance
Financial Information
  • Gross Income: $38,460
  • Gross Scheduled Income: $44,160
  • Net Operating Income: $28,460
  • Annual Rental Income: $44,160
  • Cap Rate: 9.00
  • Existing Lease Type: Month to Month
Building Info
Building Info
  • Building Units Total: 1
  • Total Finished SQFT: 2,400.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 171.00 x 134.00
  • Lot Dimensions Source: Assessor
  • Lot Features: Irregular, Level, Open
  • Parcel ID: 2055375
Parking
Parking
  • Type Of Parking: Off Street
  • Off Street - # of Spaces: 8
  • Parking Features: Paved Parking
Interior Features
Interior Features
  • Interior Features: Attic, Breakfast Area, Built-Ins, Carpet, Ceiling Fan(s), Dining Area, Efficiency, Primary Bath(s)
  • Fireplace: No
  • Appliances: Oven - Single
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Utilities: Cable TV, Phone
  • Heating: Yes
  • Cooling Type: None
  • Cooling Fuel: Natural Gas
  • Heating Type: 90% Forced Air
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
  • Internet Services: Cable
Confidential Data
Listing Office
  • List Agent AOR: NEXUS Association of Realtors

Property History for 32 Edgewater Avenue

DateEvent & SourcePriceAppreciation
Mar 5, 2024

Closed (Public Record)

Public Record #1529468988

$320,000
Mar 5, 2024

Closed

BRIGHT #NJGL2037614

$320,000
Jan 17, 2024

Pending

BRIGHT #NJGL2037614

Jan 17, 2024

Active Under Contract

BRIGHT #NJGL2037614

Jan 5, 2024

Listed (Active)

BRIGHT #NJGL2037614

$299,000
DateEvent & SourcePrice
03/05/2024

Closed (Public Record)

Public Record #1529468988

$320,000
03/05/2024

Closed

BRIGHT #NJGL2037614

$320,000
01/17/2024

Pending

BRIGHT #NJGL2037614

01/17/2024

Active Under Contract

BRIGHT #NJGL2037614

01/05/2024

Listed (Active)

BRIGHT #NJGL2037614

$299,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 32 Edgewater Avenue

Taxable ValueLand$37,200Additions$96,500Total$133,700
Tax Record2024$7,275 ($606 / month)
Home Facts
Beds0Total Finished SqFt2,400 SqFtAbove Grade Finished SqFt2,400 SqFtStories2Lot Size22,913 SqFtStyleSingle Family ResidenceYear Built1946CountyGLOUCESTERAPN21 00031-0000-00025

Schools near 32 Edgewater Avenue

This home is within Westville Boro Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 12
Private - PK to 12
Rating
School
Distance
Parkview Elementary School
PublicPK to 6

Gateway Reg High School
Public7 to 12

Larc School
PrivatePK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of EXP Realty, LLC

Based on information from one of the following Multiple Listing Services: BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.