329-331 ROUTE 168 Active Save Request In-Person Tour Request Virtual Tour
Blackwood,NJ 08012
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 1,000 sqft
Price per Sqft $309
MLS Listing ID NJGL2048310
Year Built 1926
Annual Tax Amount $7,190
Tax Year 2023
Lot Size 0.469 Acres
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!
Location
State NJ
County Gloucester
Area Washington Twp (20818)
Zoning HC
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling None
Exterior
Garage Spaces 2.0
Waterfront N
Water Access N
Building
Foundation Block
Sewer Cess Pool,Shared Sewer
Water Well
New Construction N
Schools
School District Washington Township
Others
Special Listing Condition Standard