48 Newton Avenue

Woodbury, NJ 08096

$273,400
Last Sold Price
Beds
3,600 Sq. Ft.
$76 / Sq. Ft.
3,600
Sq. Ft.
$76
per Sq. Ft.

Description

Location, Location, Location! This is a 3-unit professional office and apartment (2) building located in Woodbury City within walking distance to down Woodbury and the Courthouse. The 1st floor provides from the front and back of the building. There open space with 5 offices, a copy/storage room, 1 full bathroom and 2 half bathrooms. The 2nd floor apartment also has an entrance at the front and back of the building, includes a living room, dining room, a large updated kitchen, 2 bedrooms and bathroom...Location, Location, Location! This is a 3-unit professional office and apartment (2) building located in Woodbury City within walking distance to down Woodbury and the Courthouse. The 1st floor provides from the front and back of the building. There open space with 5 offices, a copy/storage room, 1 full bathroom and 2 half bathrooms. The 2nd floor apartment also has an entrance at the front and back of the building, includes a living room, dining room, a large updated kitchen, 2 bedrooms and bathroom with neutral colors and a private washer / dryer closet. This apartment is rented with a long-term tenant for $1250, (lease good through 11/16/22). The 3rd floor apartment includes a living room, updated kitchen, den, bedroom, a full bathroom and washer/dryer closet. This apartment is rented with a long-term tenant for $850 (lease good through 12/31/22). The 2nd & 3rd floor units also have a rear trex deck. This is perfect space for an attorney, accountant or doctor's office which benefits from the income of the apartments on the 2nd and 3rd floors. Utilities are separated and owner pays water/sewer. Property is being sold As-is. Call today for a tour of this income producing investment!

Property Details for 48 Newton Avenue

Tax ID Number
22-00120-00018
Ownership
Fee Simple
Structure Type
Detached
Style
Traditional
Waterfront
No
Garage
No
Subdivision
NONE AVAILABLE
Subdivision
NONE AVAILABLE (GLOUCESTER NJ)

Location

Add your commute
LISTING UPDATED: 02/24/2022 12:39 PM

Property Details for 48 Newton Avenue

StatusClosed
MLS #NJGL2004808
Days on Market66
Taxes$11,950 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1895
Lot Size0.12 AC / 5,271 SF
CountyGloucester County

Location

Add your commute

Building Information for 48 Newton Avenue

Stories-Residences3Year Built1895Building Size-Lot Size0.12 AC / 5,271 SF

Payment Calculator

$2,488 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,492

Property Taxes

$996

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 48 Newton Avenue

Location
Location
  • School District Name: WOODBURY PUBLIC SCHOOLS
  • School District County ID: 300200396139
  • SchoolDistrictSource: Listing Agent
  • High School: WOODBURY (GLOUCESTER NJ)
  • County: GLOUCESTER
  • MLS Area: Woodbury City (20822)
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
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2020
  • Tax Assessed Value: $242,000
  • Year Assessed: 2020
  • County Tax: $0
  • Improvement Assessed Value: $205,900
  • City Town Tax: $0
  • Land Assessed Value: $36,100
  • Clean Green Assessed: No
  • Land Use Code: 0
  • Zoning: R01
  • Tax Lot: 00018
  • School Tax: $0
  • Automatically Update Tax Values Y/N: No
Lease Information
Lease Information
  • Owner Pays: Sewer, Taxes - Real Estate, Water
  • Concessions: No
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 1
  • Two Bedroom Units Count: 1
  • Three Bedroom Units Count: 1
  • Other Units: Unit 1,Unit 2,Unit 3
  • Units Furnished: None
  • Units Leased Count: 2
  • Number Of Units Vacant: 1
  • Number Of Units Month To Month: 0
Financial Information
Expenses
  • Operating Expense Includes: Insurance
Financial Information
  • Annual Rental Income: $24,600
  • Income Includes: Apartment Rentals
  • Existing Lease Type: Yearly
Building Info
Building Info
  • Building Level Count: 3
  • Building Units Total: 3
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Estimated
  • Lot Size Dimensions: 0.00 x 0.00
  • Lot Dimensions Source: Estimated
  • Parcel ID: 2058976
Parking
Parking
  • Type Of Parking: Driveway, On Street
  • Driveway - # of Spaces: 2
  • Parking Features: Concrete Driveway
Interior Features
Interior Features
  • Fireplace: No
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas
  • Hot Water: Electric, Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Gloucester Salem Counties Board of REALTORS

Property History for 48 Newton Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 48 Newton Avenue

This home is within Woodbury City Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 12
Public - PK to 5
Public - PK to 5
Rating
School
Distance
Evergreen Avenue Elementary School
PublicPK to 5

Woodbury Jr Sr High School
Public6 to 12

Walnut Street Elementary School
PublicPK to 5

West End Memorial Elementary School
PublicPK to 5

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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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. No financial or legal advice provided. Equal Housing Opportunity.

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board 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, Greator Scranton Board 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.