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$589,000 -$6,000 (-1.01%) Price Reduced
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Property Description
Exceptional mixed-use investment opportunity in the heart of Woodbury's professional district. This well-maintained property features a commercial office space on the main level and two spacious residential apartments above, creating multiple income streams and strong long-term investment potential. The residential units offer generously sized floor plans, oversized bedrooms, spacious living areas, and well-maintained kitchens. Beautiful original woodwork, solid wood trim, quality millwork, and durable construction materials throughout the property reflect a level of craftsmanship rarely found today. The quality of construction and materials contributes to the building's lasting value, character, and long-term durability. The office space provides flexibility for a variety of professional uses and has been well maintained. A newer central air conditioning system and numerous improvements throughout the property further enhance its appeal. Ideally located near downtown Woodbury, the Gloucester County Courthouse, professional offices, restaurants, shopping, and major transportation routes. Whether you're an investor seeking a stable income-producing asset or an owner-occupant looking to combine business and residential opportunities, this property offers flexibility, character, and exceptional value.
Full Property Details
Full Property Details for 48 Newton
General
- Price: $589,000
- Taxes: $11,773 (2025)
- Status: Active
- Type: Apartment
- Source: BrightMLSPhilly
- MLS ID: NJGL2073696
- Updated: 10/14/2026
- Added to Site: 140 day(s) ago
Business
- Business Type: Apartment Building, Professional
Interior
- Flooring: Vinyl
Rooms
Bathrooms
- Restrooms: 3
Parking
- Total Spaces: 3
- Parking Type: Driveway
Location
- Area: Woodbury City (20822)
- Municipality: WOODBURY CITY
- County: GLOUCESTER
- Cross Streets: Broadway
- Driving Directions: Located off of S Broad St
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Natural Gas
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Brick
- Foundation: Concrete Perimeter
- Roof: Shingle
- Building Size: 4125
- Year Built: 1895
- Year Built Source: Assessor
- Property Condition: Very Good
Unit Information
- # Tenants: Single
- Other Units: Unit 1, Unit 1, Unit 1, Unit 1, Unit 1
Lot Features
- Lot Size (Acres): 0.12
- Lot Size (Sq. Ft.): 5,271
- Lot Size Source: Assessor
- Zoning: COMMERCIAL
Financial Considerations
- Price Per Sq. Ft.: $142.79
- Assessment Year: 2025
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $242,000
- Tax Amount: $11,773
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Exclusions: Tenants personal belongings
- Lot Number: 18
Listed by HomeSmart First Advantage Realty, Elyaant Yaliska Armijos
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Schools
Schools serving 48 Newton
School District:Woodbury City School District
| Name | Grades | Distance |
|---|---|---|
Evergreen Avenue Elementary School 160 North Evergreen Avenue, Woodbury, NJ 08096 | K-PK | 0.5 mi |
Woodbury Jr Sr High School 25 North Broad Street, Woodbury, NJ 08096 | 6-12 | 0.2 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 48 Newton
Date
Details
Price
Change
Source
10/14/2026
Price Reduced
$589,000
-1.01%
MLS
6/01/2026
Listed
$595,000
45.12%
MLS
11/14/2025
Sold
$410,000
—
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 48 Newton
Year
Property Taxes
Change
Tax Assessment
Change
2025
$11,773
7%
$242,000
—
2022
$11,030
1%
$242,000
—
2021
$10,885
—
$242,000
-3%
2021
$10,885
-9%
$249,600
—
2019
$11,911
2%
$249,600
—
2018
$11,646
2%
$249,600
—
2017
$11,449
1%
$249,600
—
2016
$11,289
2%
$249,600
—
2015
$11,105
2%
$249,600
—
2014
$10,930
1%
$249,600
—
2013
$10,775
—
$249,600
—
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 48 Newton
48 Newton, Woodbury, NJ 08096 (MLS# NJGL2073696) is a Apartment property. 48 Newton is currently listed for $589,000 and was received on June 01, 2026. Want to learn more about 48 Newton? 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.

