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$899,999 -$76,001 (-7.79%) Price Reduced
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Property Description
Located in the heart of Historic Downtown Woodstown, 2 South Main Street presents a rare opportunity to acquire a fully leased mixed-use investment property positioned at the highly visible intersection of Routes 40 and 45. The property consists of approximately 8,100 square feet featuring a blend of retail storefronts and residential apartments, creating a diversified income-producing asset in one of Salem County's most charming walkable downtown corridors. The building includes three residential apartments and up to five retail storefronts, offering stable cash flow through a multi-tenant configuration. Situated on a prominent corner lot with strong street visibility and convenient on-street parking, the property benefits from consistent local traffic and close proximity to restaurants, retail shops, breweries, banks, and neighborhood services. Originally constructed in approximately 1920, the property combines historic downtown character with long-term investment potential. The asset is currently 100% occupied and fully leased, providing immediate in-place income with additional upside through future rent growth and continued downtown revitalization. The property is being offered at a purchase price of $967,000.00 and currently generates approximately $111,395.99 in annual gross income with a 2025 Net Operating Income (NOI) of approximately$71,391.06. Woodstown is a growing South Jersey community known for its historic charm, strong local identity, and regional accessibility to Philadelphia, Wilmington, and surrounding Salem and Gloucester County markets. The property's strategic location within the downtown business district positions it well for both residential and commercial tenant demand.
Full Property Details
Full Property Details for 2 S Main St
General
- Price: $899,999
- Taxes: $20,569 (2025)
- Status: Active
- Type: Apartment
- Source: BrightMLSPhilly
- MLS ID: NJSA2019168
- Updated: 6/23/2026
- Added to Site: 13 day(s) ago
Business
- Business Type: Apartment Building
Parking
- Parking Type: On Street
Location
- Area: Woodstown Boro (21715)
- Municipality: WOODSTOWN BORO
- County: SALEM
- Driving Directions: S Main Street
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Natural Gas
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Frame, Wood Siding
- Building Size: 8100
- Year Built: 1920
- Year Built Source: Estimated
- Property Condition: Excellent
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 0.13
- Lot Size (Sq. Ft.): 5,662
- Lot Size Source: Estimated
- Zoning: C-1
Financial Considerations
- Price Per Sq. Ft.: $111.11
- Assessment Year: 2025
- Tax w/Assessment: $495,300
- Tax Amount: $20,569
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Investment: Yes
Listed by Keller Williams Realty - Moorestown, Devin Dinofa
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Schools
Schools serving 2 S Main St
School District:Woodstown-Pilesgrove Regional School District
| Name | Grades | Distance |
|---|---|---|
Mary S. Shoemaker Elementary School Mary S Shoemaker School, Woodstown, NJ 08098 | 1-5 | 0.6 mi |
Woodstown Middle School Woodstown Middle School, Woodstown, NJ 08098 | 6-8 | 0.4 mi |
Woodstown High School Woodstown High School, Woodstown, NJ 08098 | 9-12 | 0.4 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 2 S Main St
Date
Details
Price
Change
Source
6/23/2026
Price Reduced
$899,999
-7.79%
MLS
6/10/2026
Listed
$976,000
134.62%
MLS
1/17/2021
Sold
$416,000
—
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 2 S Main St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$19,891
1%
$495,300
—
2023
$19,644
2%
$495,300
—
2022
$19,351
2%
$495,300
—
2021
$18,945
6%
$495,300
—
2019
$17,821
3%
$495,300
-1%
2018
$17,348
2%
$500,100
—
2017
$16,978
3%
$500,100
—
2016
$16,448
7%
$500,100
—
2015
$15,303
9%
$500,100
—
2013
$13,993
—
$500,100
—
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 2 S Main St
2 S Main St, Woodstown, NJ 08098 (MLS# NJSA2019168) is a Apartment property. 2 S Main St is currently listed for $899,999 and was received on June 10, 2026. Want to learn more about 2 S Main St? Do you have questions about finding other Apartment real estate for sale in Woodstown? You can browse all Woodstown real estate or contact a Coldwell Banker agent to request more information.

