675 N BROAD ST, Woodbury, NJ 08096 – NJGL2057344 - Thomas Mathis

Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Coming Soon

Purchase Type For Sale

Square Footage 2,055 sqft

Price per Sqft $170

Subdivision North Woodbury

MLS Listing ID NJGL2057344

Style Dwelling with Rental,Traditional

Abv Grd Liv Area 2,055

Originating Board BRIGHT

Year Built 1920

Available Date 2025-06-01

Annual Tax Amount $6,740

Tax Year 2024

Lot Size 3,484 Sqft

Acres 0.08

Lot Dimensions 28.00 x 123.00

Property Sub-Type Detached

Property Description

Welcome Home! Great Opportunity for Investor or House Hacker! 2 Unit Duplex in Woodbury with detached garage and NEWLY RENOVATED features. First Floor Unit features 2 bedrooms, 1 bathroom on the main level and access to additional storage area in unfinished basement. This unit is rented for $1900/mo with a long-term tenant. Second Floor Unit features 3 bedrooms, 1 bathroom, across the second and third floors. The unit benefits from the downstairs unit's gas heating and has its own electric heating. The Second Floor Unit is currently vacant and has NEW Kitchen with Stainless Steel Appliances, NEW Bathroom, NEW Wood-Look Flooring and NEW Neutral Paint throughout. The second floor unit can be provided rented or vacant. The second floor unit is expected to rent for $2300+/mo. Additionally, there is a 1 car detached garage which can be rented for $200-300/month as additional storage to one of the tenants or another party. As a House Hacker, live in one and rent out the other! Or rent both, for maximum cash flow! Property income is projected in 2026 at $52,800+/year with both sides rented and an estimated 12.9% cap rate, return in investment (ROI). All financing types will be considered. Measurements and numbers are estimated, buyer to verify.

Location

State NJ

County Gloucester

Area Woodbury City (20822)

Zoning RESIDENTIAL

Rooms

Basement Full,Unfinished

Interior

Hot Water Electric

Heating Forced Air,Baseboard - Electric

Cooling Other

Flooring Ceramic Tile,Hardwood

Inclusions All landlord owned lighting, appliances, and window treatments.

Fireplace N

Heat Source Natural Gas,Electric

Exterior

Exterior Feature Porch(es)

Parking Features Covered Parking,Garage - Front Entry,Additional Storage Area

Garage Spaces 2.0

Water Access N

View Garden/Lawn,Street

Roof Type Pitched,Shingle

Accessibility None

Porch Porch(es)

Total Parking Spaces 2

Garage Y

Building

Lot Description Corner,Cleared,Level

Foundation Brick/Mortar

Sewer Public Sewer

Water Public

Architectural Style Dwelling with Rental,Traditional

Additional Building Above Grade,Below Grade

New Construction N

Schools

School District Woodbury Public Schools

Others

Tax ID 22-00089-00015

Ownership Fee Simple

SqFt Source Estimated

Acceptable Financing Cash,Conventional,Exchange,FHA,FNMA,FHA 203(k),FHA 203(b),VA

Listing Terms Cash,Conventional,Exchange,FHA,FNMA,FHA 203(k),FHA 203(b),VA

Financing Cash,Conventional,Exchange,FHA,FNMA,FHA 203(k),FHA 203(b),VA

Special Listing Condition Standard