5 South Main Street

Williamstown, NJ 08094

$485,000
Price
Beds
2,594 Sq. Ft.
$187 / Sq. Ft.
2,594
Sq. Ft.
$187
per Sq. Ft.

Description

Here is an excellent opportunity to own an income generating multi use property with great visibility on a corner lot. There are 3 one bedroom residential units, an office, and a detached 2 car garage! One residential unit is currently vacant. The property is very 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 vacant unit...Here is an excellent opportunity to own an income generating multi use property with great visibility on a corner lot. There are 3 one bedroom residential units, an office, and a detached 2 car garage! One residential unit is currently vacant. The property is very 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 vacant unit was recently updated with new kitchen, bathroom 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.
  1. Listed by Joseph G Damone • Better Homes and Gardens Real Estate Maturo
    P: 8563138984 jgregdrealestate@gmail.com

Property Details for 5 South Main Street

Tax ID Number
11-11806-00001
Ownership
Fee Simple
Structure Type
Detached
Style
Other
Waterfront
No
Garage
Yes
Expected On Market Date
03-26-2024
Municipality
MONROE TWP

Location

Listing Courtesy of Better Homes and Gardens Real Estate Maturo
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LISTING UPDATED: 04/12/2024 09:32 AM

Property Details for 5 South Main Street

StatusActive
MLS #NJGL2040566
Days on Market32
Taxes$6,263 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1920
Lot Size0.16 AC / 6,970 SF
CountyGloucester County

Location

Listing Courtesy of Better Homes and Gardens Real Estate Maturo
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Building Information for 5 South Main Street

Stories-Residences4Year Built1920Building Size-Lot Size0.16 AC / 6,970 SF

Payment Calculator

$3,169 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,647

Property Taxes

$522

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5 South Main Street

Location
Location
  • School District Name: MONROE TOWNSHIP PUBLIC SCHOOLS
  • School District County ID: 300200397493
  • SchoolDistrictSource: Listing Agent
  • County: GLOUCESTER
  • MLS Area: Monroe Twp (20811)
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: 2023
  • Tax Assessed Value: $172,300
  • Year Assessed: 2023
  • Improvement Assessed Value: $136,200
  • Land Assessed Value: $36,100
  • Clean Green Assessed: No
  • Land Use Code: 0
  • Zoning: COMMERCIAL
  • Tax Lot: 00001
  • Automatically Update Tax Values Y/N: Yes
  • TaxDataUpdatedYN: No
Unit Information
Unit Information
  • Single Room Units Count: 1
  • One Bedroom Units Count: 3
  • Two Bedroom Units Count: 0
  • Three Bedroom Units Count: 0
  • Units Leased Count: 3
  • Number Of Units Vacant: 1
  • Rent Control: No
Financial Information
Financial Information
  • Gross Scheduled Income: $61,140
Building Info
Building Info
  • Building Units Total: 4
  • Total Finished SQFT: 2,594.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 0.00 x 0.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 2016597
Parking
Parking
  • Type Of Parking: Parking Lot, Off Street, Detached Garage
  • Num of Detached Garage Spaces: 2
  • Total Garage Spaces: 2
  • Parking Lot - # of Spaces: 4
  • Garage Features: Garage - Front Entry
Interior Features
Interior Features
  • Fireplace: No
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Window Unit(s)
  • Cooling Fuel: Electric
  • Heating Type: Radiator
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Gloucester Salem Counties Board of REALTORS
  • List Agent URL: www.SouthJerseyRealEstateAgent.com

Property History for 5 South Main Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 5 South Main Street

Taxable ValueLand$36,100Additions$136,200Total$172,300
Tax Record2022$6,234 ($519 / month)
Home Facts
Beds0Total Finished SqFt2,594 SqFtAbove Grade Finished SqFt2,594 SqFtStories2Lot Size6,970 SqFtStyleSingle Family ResidenceYear Built1920CountyGLOUCESTERAPN11 11806-0000-00001

Schools near 5 South Main Street

This home is within Monroe Township Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 8
Public - 9 to 12
Public - PK to 4
Rating
School
Distance
Oak Knoll Elementary School
PublicPK to 4

Williamstown Middle School
Public5 to 8

Williamstown High School
Public9 to 12

Holly Glen Elementary School
PublicPK to 4

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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5 South Main Street is a multi-family home for sale in Williamstown, NJ 08094. This property was listed for sale on March 26, 2024 by Better Homes and Gardens Real Estate Maturo, it's currently listed at $485,000. It has been on the market for a total of 32 days and was last sold on November 7, 2006. This listing's school district is Monroe Township Public School District. Nearby schools include Oak Knoll Elementary School, Williamstown Middle School and Williamstown High School. 5 South Main Street is a 0-bed, 0-bath, 2,594 sqft multi-family home built in 1920.

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.

Listing Courtesy of Better Homes and Gardens Real Estate Maturo

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.