9 QUINTON ALLOWAY RD Active

Salem,NJ 08079

$ 1600000

- Bed

- Bath

12000 SqFt


Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 12,000 sqft

Price per Sqft $133

MLS Listing ID NJSA2012328

Year Built 1900

Annual Tax Amount $16,268

Tax Year 2023

Lot Size 0.760 Acres

Property Description

Quinton Twp multifamily, the mailing address is Salem however this is not Salem City. 6 Duplexes on one block and lot. 8 three bedroom, one bath and 4 two bedroom, one bath. Laundry in all units. All units have a finished attic and full unfinished basement for storage. New architectural shingles on all the buildings. New siding on 5 of the buildings. Public water and public sewer. Electric water heaters in all units. Every unit has separate above ground oil tank, tenant is responsible to fill for heat. There are plenty of opportunities for an increase in rents. 2024 Pro-forma gross income of $186,720.

Location

State NJ

County Salem

Area Quinton Twp (21712)

Zoning RES

Interior

Hot Water Electric

Heating Baseboard - Hot Water

Cooling Window Unit(s)

Exterior

Garage Spaces 20.0

Waterfront N

Water Access N

Roof Type Architectural Shingle

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Quinton Township Public Schools

Others

Special Listing Condition Standard

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