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$925,000 Just Listed
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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.
Full Property Details
Full Property Details for 56 Linwood Ave
General
- Price: $925,000
- Taxes: $14,638 (2025)
- Status: Active
- Type: Apartment
- Source: BrightMLSPhilly
- MLS ID: NJGL2076176
- Updated: 7/29/2026
- Added to Site: 3 day(s) ago
Business
- Business Type: Apartment Building
Interior
- Flooring: Solid Hardwood
Parking
- Total Spaces: 8
- Parking Type: Other
Location
- Area: Monroe Twp (20811)
- Municipality: MONROE TWP
- County: GLOUCESTER
- Driving Directions: Black Horse Pike to Madison to Linwood
Heating & Cooling
- Cooling Type: None
- Heating Type: Radiator
- Heating Fuel: Natural Gas
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Block
- Basement: Yes
- Entry Floor Number: 1
- Building Size: 5100
- Year Built: 1960
- Year Built Source: Estimated
- Property Condition: Very Good
Unit Information
- # Tenants: Multiple
- Other Units: Unit 1, Unit 1, Unit 1, Unit 1, Unit 1, Unit 1
Lot Features
- Lot Size (Acres): 0.36
- Lot Size (Sq. Ft.): 15,682
- Lot Size Source: Estimated
- Fence: Yes
- Zoning: APARTMENT
Financial Considerations
- Price Per Sq. Ft.: $181.37
- Operating Expenses: $33,412
- Assessment Year: 2021
- County Tax Freq: Annually
- Tax w/Assessment: $388,400
- Tax Amount: $14,638
- Tax Year: 2025
- Owner Pays: Electricity, Insurance, Taxes - Real Estate, Water
Disclosures and Reports
- Ownership: Fee Simple
- Exclusions: Tenants Belongings
- Investment: Yes
- Lot Number: 5
Listed by Keller Williams Realty, Tracy Harron
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Schools
Schools serving 56 Linwood Ave
School District:Monroe Township School District, Monroe Township, NJ
| Name | Grades | Distance |
|---|---|---|
Oak Knoll Elementary School 23 Bodine Avenue, Monroe, NJ 08094 | K-4 | 0.5 mi |
Williamstown Middle School 561 Clayton Rd, Monroe, NJ 08094 | 5-8 | 0.8 mi |
Williamstown High School 700 N Tuckahoe Rd, Monroe, NJ 08094 | 9-12 | 1.2 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 56 Linwood Ave
Date
Details
Price
Change
Source
7/28/2026
Listed
$925,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 56 Linwood Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$14,639
4%
$388,400
—
2022
$14,052
-1%
$388,400
—
2021
$14,142
—
$388,400
—
2020
$14,126
2%
$388,400
—
2018
$13,812
-2%
$388,400
—
2019
$14,041
-7%
$388,400
-9%
2017
$15,068
1%
$425,400
—
2016
$14,876
3%
$425,400
—
2015
$14,451
9%
$425,400
—
2013
$13,311
—
$425,400
—
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 56 Linwood Ave
56 Linwood Avenue, Monroe Township, NJ 08094 (MLS# NJGL2076176) is a Apartment property. 56 Linwood Avenue is currently listed for $925,000 and was received on July 28, 2026. Want to learn more about 56 Linwood Avenue? 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.

