40 Spillway Drive, Alloway, NJ 08001 - Photo 1

1/1

$316,000

Sold
Closed
Single Family
4 Beds
2 Full Baths
1,312 Sq. Ft.

1/1

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

Sold For: $316,000
Taxes: $6,137 (2024)
Status: Closed
Type: Single Family
Source: BrightMLSPhilly
MLS ID: NJSA2016852
Added to Site: 135 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
Terms: Standard Sale
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
Sold by EXP Realty, LLC, Wendy Sparks

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Listing agent

— 40 Spillway Dr —

Michael Lentz

Keller Williams Realty - Washington Township

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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 ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 40 Spillway Dr

Date

Details

Price

Change

Source

1/29/2026

Sold

$316,000

-1.25%

MLS

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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Beds
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40 Spillway Drive, Alloway, NJ 08001 (MLS# NJSA2016852) is a Single Family property that was sold at $316,000 on January 29, 2026. 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.

40 Spillway Dr Alloway, NJ 08001