39 East Avenue
39 East Avenue
$270,000
—
2,835
2,835
$95
Closed 10/4/23
Description
Attention 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...Attention 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.
- Listed by Richard G Warner • Warner Real Estate & Auction CompanyP: 8567694111 rich@warnerrealtors.com
Property Details for 39 East Avenue
Tax ID Number
15-00022-00007
OwnershipFee Simple
Structure TypeDetached
StyleColonial
WaterfrontNo
ViewsStreet
GarageNo
Cross StreetMAPLE
Location
LISTING UPDATED: 10/04/2023 02:40 PM
Property Details for 39 East Avenue
Status | Closed |
---|---|
MLS # | NJSA2007706 |
Days on Market | 37 |
Taxes | $6,176 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / Fee Simple |
Year Built | 1885 |
Lot Size | 0.28 AC / 12,197 SF |
County | Salem County |
Location
Building Information for 39 East Avenue
Stories-Residences3Year Built1885Building Size-Lot Size0.28 AC / 12,197 SF
Payment Calculator
$1,988 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 39 East Avenue
Property History for 39 East Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 39 East Avenue
Taxable ValueLand$113,100Additions$45,000Total$158,100
Tax Record2022$6,177 ($515 / month)
Home Facts
Total Finished SqFt2,835 SqFtAbove Grade Finished SqFt2,835 SqFtStories2Lot Size12,341 SqFtStyleMiscellaneous CommercialYear Built1885ZoningLCCountySALEMAPN15 00022-0000-00007
Schools near 39 East Avenue
This home is within Woodstown-Pilesgrove Regional School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | 1 to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Mary S. Shoemaker Elementary School Public1 to 5 | ||
Woodstown Middle School Public6 to 8 | ||
Woodstown High School Public9 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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