606 Delaware Avenue

Roebling, NJ 08554

$360,000
Price
Beds
1,851 Sq. Ft.
$194 / Sq. Ft.
1,851
Sq. Ft.
$194
per Sq. Ft.

Description

Welcome to 606 Delaware Avenue in Roebling, NJ! This charming duplex serves as a fantastic investment property. 606 Delaware is currently rented for $1560 a month but is vacating at the end of April. This property has the potential to rent for $1850 a month. 608 Delaware is currently vacant as well, allowing for the new owner to owner occupy one unit and fill the other with a tenant of their choice. Market value for this unit is $2000 a month. Potential CAP Rate is 10.81%
606 Delaware is a cozy residence
...Welcome to 606 Delaware Avenue in Roebling, NJ! This charming duplex serves as a fantastic investment property. 606 Delaware is currently rented for $1560 a month but is vacating at the end of April. This property has the potential to rent for $1850 a month. 608 Delaware is currently vacant as well, allowing for the new owner to owner occupy one unit and fill the other with a tenant of their choice. Market value for this unit is $2000 a month. Potential CAP Rate is 10.81%

606 Delaware is a cozy residence which features 2 bedrooms and 1 bathroom . As you step inside, you'll be greeted by a spacious layout that seamlessly flows from room to room. The kitchen boasts elegant granite countertops and a convenient pantry, providing ample storage and meal prep space. The living room, dining room and kitchen feature tile flooring throughout for a seamless look and convenient living. Upstairs features luxury vinyl plank flooring for a modern look. The bathroom has a tub/ shower combo with tile shower surround and linen closet for added storage.

Relax and unwind on the inviting porch, perfect for enjoying your morning coffee or evening breeze. The property also includes a basement, offering additional storage or potential for customization to suit your needs.

As you step inside 608 Delaware Ave, you're greeted by a well-maintained interior that exudes warmth and character. The main floor features a formal dining room, perfect for hosting gatherings and creating lasting memories with loved ones. The living room and dining room share the same vinyl plank flooring for a seamless flow and easy care. The kitchen boasts a convenient pantry, offering plenty of storage space for all your culinary essentials. The 2 bedrooms on the second floor have ample storage and cozy carpet. The third floor features a large third bedroom with carpet and storage. The full bath has a tub/shower combo with tile surround for a more modern look.

The home also includes a basement, offering additional storage and potential for a variety of uses to suit your needs. A lovely porch provides a charming outdoor space to enjoy the fresh air and relax with a good book or a cup of coffee.

For added convenience, this home comes equipped with a detached garage that can be used by the tenants for storage, or rented out for additional potential income. There is off street parking for 2 and a large shared, fenced yard for all to enjoy.

Whether you're looking to expand your investment portfolio or make this your own, 606 Delaware Avenue offers a fantastic opportunity in a desirable location. Don't miss out on this gem—schedule your showing today! Of note, there are photos of both units prior to tenant occupancy and with tenant occupancy.

Listing Agent

Property Details for 606 Delaware Avenue

Tax ID Number
15-00108-00001
Ownership
Fee Simple
Structure Type
Twin/Semi-Detached
Style
Traditional
Waterfront
No
Garage
No
Cross Street
Hamilton
Municipality
FLORENCE TWP

Location

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LISTING UPDATED: 04/20/2024 06:40 PM

Property Details for 606 Delaware Avenue

StatusActive
MLS #NJBL2058886
Days on Market25
Taxes$5,222 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1920
Lot Size0.17 AC / 7,497 SF
CountyBurlington County

Location

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Building Information for 606 Delaware Avenue

Stories-Residences2Year Built1920Building Size-Lot Size0.17 AC / 7,497 SF

Payment Calculator

$2,400 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,965

Property Taxes

$435

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 606 Delaware Avenue

Location
Location
  • School District Name: FLORENCE TOWNSHIP PUBLIC SCHOOLS
  • School District County ID: 300200396948
  • SchoolDistrictSource: Listing Agent
  • High School: FLORENCE TOWNSHIP MEMORIAL (BURLINGTON NJ)
  • County: BURLINGTON
  • MLS Area: Florence Twp (20315)
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: 2022
  • Tax Assessed Value: $175,000
  • Municipal Trash: Yes
  • Land Use Code: 0
  • Agricultural Tax Due: No
  • Historic: No
  • Zoning: RESIDENTIAL
  • Automatically Update Tax Values Y/N: No
Lease Information
Lease Information
  • Owner Pays: Insurance, Sewer, Water
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 1
  • Three Bedroom Units Count: 1
  • Units Furnished: None
  • Units Leased Count: 2
  • Number Of Units Vacant: 0
  • Number Of Units Month To Month: 2
  • Rent Control: No
Financial Information
Expenses
  • Operating Expense: $8,661
  • Operating Expense Includes: Insurance
  • Insurance Expense: $919
  • Trash Expense: $0
  • Pest Control Expense: $0
  • Maintenance Expense: $1,600
  • Pool Expense: $0
  • Other Expense: $0
  • Furniture Replacement Expense: $0
  • Professional Management Expense: $0
Financial Information
  • Gross Income: $37,920
  • Net Operating Income: $29,259
  • Annual Rental Income: $37,920
  • Income Includes: Apartment Rentals, Other
  • Cap Rate: 8.40
  • Existing Lease Type: Month to Month
Building Info
Building Info
  • Year Major Reno Remodel: 2017
  • Building Units Total: 2
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Estimated
  • Lot Size Dimensions: 50.00 x 150.00
  • Lot Dimensions Source: Estimated
  • Lot Features: Front Yard, SideYard(s)
  • Parcel ID: 1651975
Parking
Parking
  • Type Of Parking: Off Street, On Street
  • Off Street - # of Spaces: 2
  • Parking Features: Shared Driveway
Interior Features
Interior Features
  • Interior Features: Carpet, Dining Area, Floor Plan - Open, Pantry
  • Fireplace: No
  • Appliances: Oven/Range - Gas
  • Accessibility Features: None
  • Window Features: Replacement
Exterior Features
Exterior Features
  • Spa: No
  • Exterior Features: Sidewalks
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: None
  • Cooling Fuel: None
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: NEXUS Association of Realtors
  • List Agent URL: www.jensellssj.com

Property History for 606 Delaware Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 606 Delaware Avenue

Taxable ValueLand$69,500Additions$130,500Total$200,000
Tax Record2022$5,222 ($435 / month)
Home Facts
Total Finished SqFt1,851 SqFtAbove Grade Finished SqFt1,851 SqFtStories2Lot Size7,497 SqFtStyleDuplexYear Built1920CountyBURLINGTONAPN15 00108-0000-00001

Schools near 606 Delaware Avenue

This home is within Florence Township School District.
Rating
School
Type
Grades
Distance
Public - 9 to 12
Rating
School
Distance
Florence Twp Mem 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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606 Delaware Avenue is a multi-family home for sale in Roebling, NJ 08554. This property was listed for sale on January 19, 2024 by Compass, it's currently listed at $360,000. It has been on the market for a total of 25 days and was last sold on April 18, 2018. This listing's school district is Florence Township School District. Nearby schools include Florence Twp Mem High School and Riverbank Charter School Of Excellence. 606 Delaware Avenue is a 0-bed, 0-bath, 1,851 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.

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.