Date
Details
Price
Change
Source
3/04/2026
Listed
$1,500,000
—
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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$1,500,000 Just Listed
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Property Description
100 % occupied, 12-unit commercial apartment building located in a quiet residential section of Woodbury, NJ. The property consists of eight (8) one-bedroom units and four (4) two-bedroom units, offering a desirable unit mix for long-term rental demand. Seven (7) units feature guaranteed rental income through HUD, providing stable and predictable cash flow. The remaining units are occupied by long-term tenants, further enhancing income reliability and reducing turnover risk. The seller is open to continuing property management for a fee, offering a seamless transition for an out-of-area or hands-off investor. This property presents an excellent opportunity for investors seeking steady income, government-backed rent, and minimal operational disruption in an established residential area. Highlights: 12 total units (8 one-bedroom / 4 two-bedroom) $20,000 state of the art security system Quiet residential location in Woodbury, NJ 7 HUD-subsidized units with guaranteed rent Long-term tenant base Seller-offered property management available Strong candidate for buy-and-hold investors Roof is about 15-17 HVAC units, probably 7 of the 12 are less than 5 years. Remaining 5 are fully operational, no issues.
Full Property Details
Full Property Details for 159 Delaware St
General
- Price: $1,500,000
- Taxes: $31,768 (2025)
- Status: Active
- Type: Apartment
- Source: BrightMLSPhilly
- MLS ID: NJGL2068476
- Updated: 3/6/2026
- Added to Site: 2 day(s) ago
Business
- Business Type: Apartment Building
Interior
- Flooring: Carpet, Vinyl, Ceramic Tile
Additional Information
- Security/Safety: Non-Monitored, 24 hour security
Parking
- Total Spaces: 24
- Parking Features: Lighted Parking
- Parking Type: Parking Lot
Location
- Area: Woodbury City (20822)
- Municipality: WOODBURY CITY
- County: GLOUCESTER
- Driving Directions: use GPS
- Location Details: Downtown
Heating & Cooling
- Cooling Type: Heat Pump(s)
- Cooling Fuel: Electric
- Heating Type: Heat Pump(s)
- Heating Fuel: Electric
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Brick
- Foundation: Concrete Perimeter
- Stories/Levels: 2
- Building Size: 9000
- Year Built: 1998
- Year Built Source: Estimated
- Property Condition: Average
Unit Information
- # Tenants: Multiple
- Other Units: Unit 1, Unit 1, Unit 1, Unit 1, Unit 1
Lot Features
- Lot Size (Acres): 0.62
- Lot Size (Sq. Ft.): 27,094
- Lot Size Source: Estimated
- Street/Road Desc.: Black Top
- Zoning: RM
- Lot Description: Road Frontage
Financial Considerations
- Price Per Sq. Ft.: $166.67
- Assessment Year: 2021
- Tax w/Assessment: $653,000
- Tax Amount: $31,768
- Tax Year: 2025
- Owner Pays: Common Area Maintenance, Insurance, Lawn/Shrub Care, Miscellaneous, Repairs, Sewer, Snow Removal, Taxes - Real Estate, Trash Collection, Water
Disclosures and Reports
- Ownership: Fee Simple
- Exclusions: tenants personal items
- Inclusions: all apartment appliances
- Investment: Yes
- Lot Number: 2701
Listed by RE/MAX Preferred - Sewell, Edward R Marrone
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Listing agent
— 159 Delaware St —
Edward R Marrone
RE/MAX Preferred - Sewell
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 159 Delaware St
School District:Woodbury City School District
| Name | Grades | Distance |
|---|---|---|
West End Memorial Elementary School 215 Queen Street, Woodbury, NJ 08096 | K-PK | 0.4 mi |
Woodbury Jr Sr High School 25 North Broad Street, Woodbury, NJ 08096 | 6-12 | 0.2 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 159 Delaware St
Tax History
Tax History for 159 Delaware St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$19,100
6%
$397,000
—
2022
$18,095
1%
$397,000
—
2021
$17,857
-4%
$397,000
—
2018
$18,524
2%
$397,000
—
2017
$18,210
-12%
$397,000
-13%
2016
$20,711
2%
$457,900
—
2015
$20,372
8%
$457,900
15%
2019
$18,945
-4%
$397,000
-13%
2013
$19,768
—
$457,900
—
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 159 Delaware St
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- Single Family
- Active
- Updated 8 hours ago
- 4Beds
- 3Total Baths
- 3,386Sq. Ft.
- Townhouse
- Active
- Updated 12 hours ago
- 3Beds
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- Single Family
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- Single Family
- Active
- Updated 1 day ago
- 3Beds
- 2Total Baths
- 1,320Sq. Ft.
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- Single Family
- Active
- Updated 8 hours ago
- 2Beds
- 2Total Baths
- 1,339Sq. Ft.
- Condo
- Active
- Updated 8 hours ago
- 2Beds
- 2Total Baths
- 1,241Sq. Ft.
- Single Family
- Active
- Updated 1 day ago
- 2Beds
- 1Total Bath
- 876Sq. Ft.
- Single Family
- Active
- Updated 18 hours ago
- 2Beds
- 1Total Bath
- 1,470Sq. Ft.
159 Delaware Street, Woodbury, NJ 08096 (MLS# NJGL2068476) is a Apartment property. 159 Delaware Street is currently listed for $1,500,000 and was received on March 04, 2026. Want to learn more about 159 Delaware Street? Do you have questions about finding other Apartment real estate for sale in Woodbury? You can browse all Woodbury real estate or contact a Coldwell Banker agent to request more information.