NJ > Blackwood
Blackwood, NJ 08012,329-331 ROUTE 168
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Blackwood, NJ 08012,329-331 ROUTE 168
Blackwood, NJ 08012,329-331 ROUTE 168
Blackwood, NJ 08012,329-331 ROUTE 168
Blackwood, NJ 08012,329-331 ROUTE 168
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Karen Scarpa

Karen Scarpa

+1(732) 631-4514
$ 309,000
Est. payment /mo
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Price Dropped by $30K

329-331 ROUTE 168 Blackwood, NJ 08012

1,000 SqFt

UPDATED:

10/18/2024 06:27 PM

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

Originating Board BRIGHT

Year Built 1926

Annual Tax Amount $7,190

Tax Year 2023

Lot Size 0.469 Acres

Acres 0.47

Lot Dimensions 90.00 x 227.00

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

Heat Source Natural Gas

Exterior

Garage Spaces 2.0

Waterfront N

Water Access N

Accessibility None

Parking Type On Street, Driveway

Total Parking Spaces 2

Garage N

Building

Foundation Block

Sewer Cess Pool, Shared Sewer

Water Well

New Construction N

Schools

School District Washington Township

Others

Tax ID 18-00216-00027

Ownership Fee Simple

SqFt Source Estimated

Special Listing Condition Standard

Bright MLS (BMLS)
Listed by Michael Coffee • HOF Realty

Karen Scarpa

Agent | RMFR8838475

+1(732) 631-4514

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