56 LINWOOD AVE, Williamstown, NJ 08094
56 LINWOOD AVE, Williamstown, NJ 08094
56 LINWOOD AVE, Williamstown, NJ 08094
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Naveen Sharma

Naveen Sharma

+1(732) 429-0939
Listed by Tracy Harron • Keller Williams Realty
$925,000
Est. payment /mo
0.36 Acres Lot
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UPDATED:

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

Subdivision None Available

MLS Listing ID NJGL2076176

Year Built 1960

Annual Tax Amount $14,638

Tax Year 2025

Lot Size 0.360 Acres

Acres 0.36

Property Sub-Type Five Or More Units

Source BRIGHT

Property Description

56 Linwood presents a rare opportunity to acquire a fully stabilized, six-unit multifamily investment offering an attractive 8.0% in-place cap rate and immediate cash flow. Each unit is 2 beds/1 bath with seperate metered gas/electric. This professionally maintained asset is 100% occupied with an established tenant base and has undergone a comprehensive value-add transformation over the past five years. Ownership has strategically renovated units, achieved market rents, implemented a utility reimbursement program, and completed significant capital improvements, including a new and replacement of the front concrete walkway—allowing a new owner to step into a true turnkey investment with limited anticipated near-term capital expenditures.

The property also features a separate six-bay garage/storage building that enhances tenant convenience while providing future income potential, as well as coin-operated laundry for supplemental revenue. Situated on a quiet, tree-lined street in Monroe Township, the property benefits from strong tenant appeal and convenient access to Route 42, the Atlantic City Expressway, Philadelphia, and Rowan University.

Location

State NJ

County Gloucester

Area Monroe Twp (20811)

Zoning APARTMENT

Interior

Hot Water Electric

Heating Radiator

Cooling None

Flooring Solid Hardwood

Heat Source Natural Gas

Exterior

Garage Spaces 8.0

Water Access N

Accessibility None

Total Parking Spaces 8

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Monroe Township

Others

Tax ID 11-03301-00005

Ownership Fee Simple

Special Listing Condition Standard

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Bright MLS (BMLS)

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Naveen Sharma

+1(732) 429-0939

naveen@fourpointrealty.com

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56 LINWOOD AVE