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5 S Main Street, Monroe Township, NJ 08094
$485,000
5 S Main Street, Monroe Township, NJ 08094View this property at 5 S Main Street, Monroe Township, NJ 08094
5 S Main StreetMonroe TownshipNJ08094
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Property Description
Here is an excellent opportunity to own an income generating multi use property with great visibility on a corner lot. There are 3 one bedroom residential units, an office, and a detached 2 car garage! One residential unit is currently vacant. The property is very well maintained with new siding, new roof, and half of the windows replaced. Gas and electric utilities are separate for each unit and each unit has washer/dryer hookups in the unit. The landlord pays for water and sewer. The vacant unit was recently updated with new kitchen, bathroom and carpet. Unit A is the office currently rented out for $900 a month and owner occupied. The owner is willing to lease back the office. Unit B is leased for $1,250.00 per month, Unit C is vacant but could rent for $1,350.00, Unit D is rented for $1,350.00 a month, and the garage is rented for $245 a month. For a diversified income stream you can't beat this property.
Full Property Details
Full Property Details for 5 S Main St
General
- Price: $485,000
- Taxes: $6,263 (2023)
- Status: Active
- Type: Apartment
- MLS ID: NJGL2040620
- Updated: 4/12/2024
- Added to Site: 33 day(s) ago
Business
- Business Type: Apartment Building, Professional
Parking
- Total Spaces: 4
- Parking Type: Parking Lot, Private Garage
Location
- Area: Monroe Twp (20811)
- Municipality: MONROE TWP
- County: Gloucester
- Driving Directions: Black Horse Pike to Williamstown Rd PIQ on left.
Heating & Cooling
- Cooling Type: Window Unit(s)
- Cooling Fuel: Electric
- Heating Type: Radiator
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Frame
- Roof: Shingle
- Stories/Levels: 0
- Year Built: 1920
- Year Built Source: Assessor
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 0.16
- Lot Size (Sq. Ft.): 6,970
- Lot Size Source: Assessor
- Lot Dimensions: 0.00 x 0.00
- Zoning: COMMERCIAL
Financial Considerations
- Price Per Sq. Ft.: $186.97
- Assessment Year: 2023
- Tax w/Assessment: $172,300
- Tax Amount: $6,263
- Tax Year: 2023
- Owner Pays: Sewer, Water
- Landlord Pays: Sewer, Water
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Ownership: Fee Simple
- Lot Number: 1
Listed by Better Homes and Gardens Real Estate Maturo, Joseph G Damone
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Schools
Schools serving 5 S Main St
School District:Monroe Township Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
700 N Tuckahoe Rd, Williamstown, NJ 08094 | 9-12 | 0.8 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5 S Main St
Date
Details
Price
Change
Source
3/26/2024
Listed
$485,000
120.45%
MLS
11/07/2006
Sold
$220,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5 S Main St
Year
Property Taxes
Change
Tax Assessment
Change
2021
$6,273
2%
$172,300
—
2018
$6,127
-14%
$172,300
-14%
2017
$7,084
1%
$200,000
—
2016
$6,994
12%
$200,000
16%
2019
$6,229
-8%
$172,300
-14%
2015
$6,794
9%
$200,000
—
2013
$6,258
—
$200,000
—
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 5 S Main St
5 S Main Street, Monroe Township, NJ 08094 (MLS# NJGL2040620) is a Apartment property. 5 S Main Street is currently listed for $485,000 and was received on March 26, 2024. Want to learn more about 5 S Main Street? Do you have questions about finding other Apartment real estate for sale in Williamstown? You can browse all Williamstown real estate or contact a Coldwell Banker agent to request more information.