Date
Details
Price
Change
Source
10/30/2025
Listed
$320,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/31
$320,000 Sale Pending
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1/31
Property Description
Discover the potential of 40-42 Spillway Drive - two separate homes set on a beautiful one-acre lot with mature trees and room to expand. Whether you're an investor, flipper, or buyer looking for multi-income potential, this property offers an incredible opportunity. The main house (#42) features three bedrooms, one full bath, eat-in kitchen, and a large living room anchored by a decorative brick fireplace. Freshly painted with newer flooring in key areas, it's clean and move-in ready while leaving plenty of room for value-adding improvements. The home also includes solar panels for energy savings and a full basement that could be finished for additional living. Outside, you'll find an expansive yard, private setting, and detached storage shed - perfect for tools, equipment, or future projects. Tucked beside the main home, (#40) is a cozy one bedroom bungalow offering a world of opportunity. Whether used as a rental unit, guest house, or extended-family suite, it delivers flexibility and strong income potential. Inside, the home features a comfortable living room, updated kitchen with modern cabinetry, and a full bath. The main-level bedroom provides easy convenience, while the loft area upstairs offers bonus space - perfect for a second bedroom, home office, or studio. With private entrances, separate utilities and two septic systems (shared well), and a quiet setting, this opportunity is ideal for investors looking for multi-unit income or homeowners seeking extra space for guests, hobbies, or short-term rental possibilities. Don't delay, schedule you private tour of this unique property today! Being Sold STRICTLY as-is, where is- Buyer is responsible for ANY/ALL inspections and certificates for the property. Certificate of Occupancy has been received for both homes-see Bright documents. Multi-Family - MLS# NJSA2016856
Full Property Details
Full Property Details for 40 Spillway Dr
General
- Price: $320,000
- Taxes: $6,137 (2024)
- Status: Pending
- Type: Single Family
- Source: BrightMLSPhilly
- MLS ID: NJSA2016852
- Updated: 12/19/2025
- Added to Site: 83 day(s) ago
Interior
- Rooms/Areas: Living Room, Bedroom 2, Bedroom 3, Kitchen, Foyer, Bedroom 1, Loft, Mud Room, Office
- Interior Features: Bathroom - Tub Shower, Built-Ins, Carpet, Ceiling Fan(s), Combination Kitchen/Dining, Entry Level Bedroom, Kitchen - Eat-In, Kitchen - Table Space, Water Treat System
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Non-Functioning
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Main Floor Baths: 2
- Main - Full Baths: 2
Bedrooms
- Total Bedrooms: 4
- Bedrooms Main & Up: 4
Exterior
- Porch/Patio/Deck: Porch(es)
Parking
- Total Spaces: 4
- Parking Features: Asphalt Driveway, Shared Driveway, Circular Driveway
- Parking Type: Driveway
Location
- Area: Alloway Twp (21701)
- Municipality: ALLOWAY TWP
- County: SALEM
- Subdivision: PARADISE LAKES
- Driving Directions: Telegraph Road to Spillway Drive
School Information
- School District: Alloway Township Public Schools
- Elementary School: Alloway Twp. E.S.
- Middle School: Alloway Township School
- High School: Woodstown H.S.
Heating & Cooling
- Cooling Type: Window Unit(s)
- Cooling Fuel: Electric
- Heating Type: Baseboard - Hot Water
- Heating Fuel: Oil
- Water Heater: Electric
Utilities
- Sewer: On Site Septic
- Water: Well
Structural Information
- Architectural Style: Bungalow, Ranch/Rambler
- Structure Type: Detached
- Construction: Frame
- Basement: Yes
- Basement Desc.: Full
- Foundation: Block
- Stories Description: Main
- Square Feet: 1,312
- Sq. Ft. Source: Assessor
- Living Area: 1,312 Sq. Ft.
- Finished Above Grnd: 1,312 Sq. Ft.
- Year Built: 1934
- Year Built Source: Assessor
Additional Structures
- Other Structures: Shed
Lot Features
- Lot Size (Acres): 1.05
- Lot Size (Sq. Ft.): 45,738
- Lot Size Source: Assessor
- Lot Dimensions: 248.00 x 138.00
- Zoning: RESIDENTIAL
- Lot Description: Backs to Trees
Green Features
- Energy Generation: PV Solar Array(s) Leased
Financial Considerations
- Price Per Sq. Ft.: $243.9
- Assessment Year: 2024
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $176,000
- Tax Amount: $6,137
- Tax Year: 2024
- Tax Total Finished Sq. Ft.: 1312
Disclosures and Reports
- Ownership: Fee Simple
- Exclusions: Tenants possessions
- Inclusions: Refrigerator (1), Microwave (1), Range (2), Washer (1), Dryer (1), Window A/C
- Lot Number: 2
Listed by Keller Williams Realty - Washington Township, Michael Lentz
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Listing agent
— 40 Spillway Dr —
Michael Lentz
Keller Williams Realty - Washington Township
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 40 Spillway Dr
School District:Alloway Township School District
| Name | Grades | Distance |
|---|---|---|
Alloway Twp School 43 Cedar St, Alloway Township, NJ 08001 | PK-8 | 2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 40 Spillway Dr
Tax History
Tax History for 40 Spillway Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$6,137
6%
$176,000
—
2023
$5,789
3%
$176,000
—
2022
$5,604
2%
$176,000
—
2021
$5,484
1%
$176,000
—
2020
$5,454
3%
$176,000
—
2018
$5,280
2%
$176,000
—
2017
$5,185
5%
$176,000
—
2016
$4,956
4%
$176,000
—
2015
$4,784
-11%
$176,000
—
2019
$5,356
23%
$176,000
—
2013
$4,363
—
$176,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 40 Spillway Dr
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40 Spillway Drive, Alloway, NJ 08001 (MLS# NJSA2016852) is a Single Family property with 4 bedrooms and 2 full bathrooms. 40 Spillway Drive is currently listed for $320,000 and was received on October 30, 2025. Want to learn more about 40 Spillway Drive? Do you have questions about finding other Single Family real estate for sale in Alloway? You can browse all Alloway real estate or contact a Coldwell Banker agent to request more information.