53 High StreetWoodbury, NJ 08096

Description

Calling All Investors!! Here is an opportunity to invest in the flourishing city of Woodbury. This 5 unit property is an investors dream. Turn-key, well maintained and desirable as this property is centrally located near a hospital, major highways, courts and county offices. This property is within walking distance to public transportation, grocery stores, convenience stores and restaurants. The property features four one-bedroom apartments and one studio apartment, off street parking and a recently improved roof and boiler. Three vacant apartments provide flexibility for renovation, leasing or potential owner occupancy. Woodbury is undergoing SIGNIFICANT revitalization including Broad Street redevelopment, bike and pedestrian path extensions, public park upgrades and preparing for the new Glassboro-Camden Line. This is an excellent opportunity to acquire a sound investment with huge upside potential in a strong rental market and rental area. This is an As-Is sale, no repairs will be made by the seller. Buyer is responsible for CO and municipal and lender requirements to close.

Property Information

Property type

Residential Income

Sub-type

Multi Family

Structure type

House

Year built

1900

Living area

2,731 Sq Ft

Lot size

0.14 acres

Lot dimensions

0.00 x 0.00

Zoning

RES

Days on market

1

MLS^® Listing#

NJGL2077998

Property Features

Appliances

Gas Water Heater

Cooling

None

Heating

Natural Gas · Forced Air

Flooring

Wood · Vinyl

Basement

Exterior Entry

Pool

None

Parking

On Street · Parking Lot

Construction

Vinyl Siding

Foundation

Concrete Perimeter

Roof

Shingle

Utilities

Natural Gas Available · Sewer Available · Water Available · Electricity Available

Sewer

Public Sewer

Water source

Public

Schools

District

WOODBURY HEIGHTS SCHOOLS

Financial Details

Annual taxes

$11,000Tax year 2025

Assessed value

$242,000

Parcel number

22-00064-00003

Directions

From NJ-45 South, Make right onto High St