40 Spillway Dr

Alloway, NJ 08001

$320,000
Price
4
Beds
2
Baths
1,312 Sq. Ft.
$244 / Sq. Ft.
1,312
Sq. Ft.
$244
per Sq. Ft.
a view of a yard with plants and trees
a backyard of a house with portable swimming pool and outdoor seating
a front view of a house with a garden
an empty room with wooden floor and windows
an empty room with wooden floor and windows
an empty room with windows
an empty room with a window
a kitchen with granite countertop white cabinets stainless steel appliances a sink and a window
a kitchen with cabinets appliances a sink and a stove
a view of an empty room with a window
an empty room with a window
a view of an empty room with a window
a white toilet sitting next to a white sink
an empty room with windows and ceiling fan view
a view of a house with a yard and garage
a view of a house with a yard
a view of a yard with a tree
a view of outdoor space and yard
a front view of a house with a yard
a front view of a house with garden
a view of a room with gym equipment
a living room with furniture and a flat screen tv
a kitchen with stainless steel appliances granite countertop a sink dishwasher stove and white cabinets
a kitchen with a sink cabinets and window
a bedroom with a bed and a window
a bathroom with a sink a toilet and a bathtub
a view of a room with gym equipment
a room with musical instruments
an entryway with furniture and a rug
a view of a storage & utility room
a view of a house with a tree

Description

Discover the potential of 40-42 Spillway Drive - two separate homes set on a beautiful one-acre lot with mature trees and room to expand. Whether you’re an investor, flipper, or buyer looking for multi-income potential, this property offers an incredible opportunity. The main house (#42) features three bedrooms, one full bath, eat-in kitchen, and a large living room anchored by a decorative brick fireplace. Freshly painted with newer flooring in key areas, it’s clean and move-in ready while leaving...Discover the potential of 40-42 Spillway Drive - two separate homes set on a beautiful one-acre lot with mature trees and room to expand. Whether you’re an investor, flipper, or buyer looking for multi-income potential, this property offers an incredible opportunity. The main house (#42) features three bedrooms, one full bath, eat-in kitchen, and a large living room anchored by a decorative brick fireplace. Freshly painted with newer flooring in key areas, it’s clean and move-in ready while leaving plenty of room for value-adding improvements. The home also includes solar panels for energy savings and a full basement that could be finished for additional living. Outside, you’ll find an expansive yard, private setting, and detached storage shed - perfect for tools, equipment, or future projects. Tucked beside the main home, (#40) is a cozy one bedroom bungalow offering a world of opportunity. Whether used as a rental unit, guest house, or extended-family suite, it delivers flexibility and strong income potential. Inside, the home features a comfortable living room, updated kitchen with modern cabinetry, and a full bath. The main-level bedroom provides easy convenience, while the loft area upstairs offers bonus space - perfect for a second bedroom, home office, or studio. With private entrances, separate utilities, two septic systems (shared well), and a quiet setting, this opportunity is ideal for investors looking for multi-unit income or homeowners seeking extra space for guests, hobbies, or short-term rental possibilities. Don’t delay, schedule you private tour of this unique property today! Being Sold STRICTLY as-is, where is- Buyer is responsible for ANY/ALL inspections and certificates for the property. Certificate of Occupancy has been received for both homes-see Bright documents.
  1. Listed by Michael Lentz • Keller Williams Realty - Washington Township
    P: (856)-202-3154 team+bright@mikesellsnj.com

Property Details for 40 Spillway Drive

Tax ID Number
01-00066-00002
Ownership
Fee Simple
Structure Type
Detached
Style
Bungalow, Ranch/Rambler
Waterfront
No
Garage
No
Subdivision
PARADISE LAKES
Subdivision
PARADISE LAKES (SALEM NJ)
LISTING UPDATED: 11/17/2025 09:55 PM

Property Details for 40 Spillway Drive

StatusActive
MLS #NJSA2016856
Days on Market46
Taxes$6,137 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1934
Lot Size1.05 AC / 45,738 SF
CountySalem County

Location

Listing Courtesy of Keller Williams Realty - Washington Township
Add your commute

Building Information for 40 Spillway Drive

Stories-Residences2Year Built1934Building Size-Lot Size1.05 AC / 45,738 SF

Payment Calculator

$2,093 per month

30 year fixed, 6.28% Interest

Principal and Interest

$1,581

Property Taxes

$511

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 40 Spillway Drive

Location
Location
  • School District Name: ALLOWAY TOWNSHIP PUBLIC SCHOOLS
  • School District County ID: 300200396398
  • SchoolDistrictSource: Listing Agent
  • Elementary School: ALLOWAY TWP. E.S. (SALEM NJ)
  • ElementarySchoolSource: Listing Agent
  • Middle Or Junior School: ALLOWAY TOWNSHIP SCHOOL (SALEM NJ)
  • MiddleSchoolSource: Listing Agent
  • High School: WOODSTOWN H.S. (SALEM NJ)
  • HighSchoolSource: Listing Agent
  • County: SALEM
  • MLS Area: Alloway Twp (21701)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • 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: 2024
  • Tax Assessed Value: $176,000
  • Year Assessed: 2024
  • County Tax: $0
  • Improvement Assessed Value: $125,700
  • City Town Tax: $0
  • Land Assessed Value: $50,300
  • Clean Green Assessed: No
  • Land Use Code: 0
  • Zoning: RESIDENTIAL
  • Tax Lot: 00002
  • School Tax: $0
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Owner Pays: Common Area Maintenance, Taxes - Real Estate
Unit Information
Unit Information
  • Single Room Units Count: 1
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 0
  • Three Bedroom Units Count: 1
  • Other Units: Unit 1,Unit 2
  • Units Leased Count: 1
  • Number Of Units Vacant: 1
  • Number Of Units Month To Month: 1
Multi Family
Unit 1
  • Type: Unit 1
  • Unit Type Occupied YN: No
  • Unit Type Lease Type: None
  • Beds Total: 3
  • Half Baths Count: 0
  • Full Baths Count: 1
Unit 2
  • Type: Unit 2
  • Unit Type Occupied YN: Yes
  • Beds Total: 1
  • Half Baths Count: 0
  • Full Baths Count: 1
Building Info
Green Info
  • Green Energy Generation: PV Solar Array(s) Leased
Building Info
  • Building Units Total: 2
  • Total Finished SQFT: 1,312.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 248.00x138.00
  • Lot Dimensions Source: Estimated
  • Lot Features: Backs to Trees
  • Parcel ID: 2189573
Parking
Parking
  • Type Of Parking: Driveway
  • Driveway - # of Spaces: 4
  • Parking Features: Asphalt Driveway, Shared Driveway
Interior Features
Interior Features
  • Interior Features: Bathroom - Tub Shower, Built-Ins, Carpet, Ceiling Fan(s), Combination Kitchen/Dining, Entry Level Bedroom, Kitchen - Eat-In, Kitchen - Table Space, Water Treat System
  • Fireplace: Yes
  • Fireplaces Count: 1
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Outdoor Living Structures: Porch(es)
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Window Unit(s)
  • Cooling Fuel: Electric
  • Heating Type: Baseboard - Hot Water
  • Heating Fuel: Oil
  • Hot Water: Electric
  • Water Source: Well
  • Sewer Septic: On Site Septic
Confidential Data
Listing Office
  • List Agent AOR: Gloucester Salem Counties Board of REALTORS
  • List Agent URL: www.MikeSellsNJ.com

Property History for 40 Spillway Drive

DateEvent & SourcePriceAppreciation
Oct 30, 2025

Listed (Active)

BRIGHT #NJSA2016856

$320,000—
Oct 30, 2025

Listed (Active)

BRIGHT #NJSA2016852

$320,000—
Dec 13, 2024

Expired

BRIGHT #NJSA2009558

—
Dec 13, 2023

Listed (Active)

BRIGHT #NJSA2009558

$300,000—
DateEvent & SourcePrice
10/30/2025

Listed (Active)

BRIGHT #NJSA2016856

$320,000
10/30/2025

Listed (Active)

BRIGHT #NJSA2016852

$320,000
12/13/2024

Expired

BRIGHT #NJSA2009558

—
12/13/2023

Listed (Active)

BRIGHT #NJSA2009558

$300,000

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

Schools near 40 Spillway Drive

This home is within Alloway Twp School District.
Rating
School
Type
Grades
Distance
Alloway Twp School
Public - PK to 8
Ranch Hope Strang School
Private - 7 to 12
Rating
School
Distance
Alloway Twp School
PublicPK to 8

Ranch Hope Strang School
Private7 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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More information about 40 Spillway Drive, Alloway, NJ 08001

40 Spillway Drive is a multi-family home for sale in Alloway, NJ 08001. This property was listed for sale on October 30, 2025 by Keller Williams Realty - Washington Township, it's currently listed at $320,000. This listing's school district is Alloway Twp School District. Nearby schools include Alloway Twp School and Ranch Hope Strang School. 40 Spillway Drive is a 4-bed, 2-bath, 1,312 sqft multi-family home built in 1934.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty - Washington Township

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.