329-331 Route 168, Blackwood, NJ 08012

$339,777
List Price
$339,777
Days on Market
13
Status
ACTIVE
MLS#
NJGL2048310
Lot Size (Acres)
0.47000000000000003
Year Built
1926
County
Gloucester
School District
Washington Township

Property Description

Investor Alert!! This property consists of a Duplex AND a separate Commercial Unit. 331 Rt 168 is the address for the Duplex. Both units are currently vacant. Unit A (downstairs) is a nice sized 2 bedroom 1.5 bath unit that has access to the large unfinished basement. HUD fair market rent for 2025 in this area for a 2 bedroom is $1,880. Unit B (upstairs) is a cozy yet spacious 1 bedroom 1 bath unit. This unit has a laundry hookup at the entrance by the steps so that each tenant can do their own laundry. HUD fair market rent for 2025 in this area for a 1 bedroom is $1,580. Outside there is a small one car garage and plenty of parking available on the lot itself. And if a Duplex wasn't enough by itself, this property also has a small commercial unit on the other corner of the lot! This was previously a boxing gym but is now vacant as well. This commercial space is estimated at $1,500 monthly rent but could easily be higher depending on the renovations done and the desired future business. Buyer to do due diligence for acceptable financing. This is a mixed use property. Commercial unit and duplex share a cesspool. Water source is currently Well. That is a total estimated monthly income of almost $5,000!

Additional Information

Area
Washington Twp (20818)
Taxes
$7190
School District
Washington Township
Heating
Forced Air
Heating Fuel
Natural Gas
Cooling
None
Water
Well
Sewer
Cess Pool, Shared Sewer

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of HOF Realty. Contact: (856) 804-1805

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