675 N Broad St, Woodbury, NJ

Real Estate

For Sale

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Key Facts
Description
Map

Key Facts

Type Duplex

Levels Residential Income

Size 2055 sqft

Garage Yes

Taxes $6,740

Days Active 77

Lot Size

Approx. Age 1920

Avg. Price Per Sqft $182

MLS® Number NJGL2057344

Property Address:

Average square foot calculated using Size range provided by listing agent.

Description

OPEN SUN 12-2. 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 spacious bedrooms, 1 large bathroom, large living room, and large kitchen with solid wood cabinets on the main level. Flooring is Wood, Tile and Vinyl - no carpet. Heated with forced hot air (gas) so conversion to central air is possible. This unit is rented for $1750/mo with a long-term tenant. Second Floor Unit features beautiful kitchen, 3 bedrooms, 1 large living room, and 1 beautiful marble-look bathroom, across the second and third floors. NEW carpet on third floor. The unit benefits from the downstairs unit's gas heating and has its own electric baseboard heating. The Second Floor Unit is currently vacant and has NEW Kitchen with Stainless Steel Appliances, NEW Marble-Look Bathroom, NEW Wood-Look Flooring and NEW Neutral Paint throughout. Second Floor has Laundry Hookup available. The second floor unit can be provided rented or vacant. The second floor unit is expected to rent for $2300+/mo. Both units have access to unfinished basement with approx 500 sqft of storage. Direct access from basement inside to Unit A via stairs is currently closed up. 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, 200+/year with both sides rented and an estimated 12.9% cap rate, return in investment (ROI). Two Electric Meters. 2 Separate Hot Water Heaters. One Water/Sewer Bill split 50/50 between Unit A and Unit B. All financing types will be considered. Measurements and numbers are estimated, buyer to verify.Show Description

MLS® NumberNJGL2057344

Laundry Level

Central VacNo

FireplaceNo

Acreage0.08

Exterior

GarageYes

Approx. Age1920

BasementFull, Unfinished

DrivewayDetached Garage, Driveway, On Street

Garage Spaces

HeatForced Air, Baseboard - Electric, Natural Gas, Electric

A/COther, Electric

Heating Fuel

Extras

All landlord owned lighting, appliances, and window treatments.

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