Address not disclosed, Westville, NJ 08093
Address not disclosed, Westville, NJ 08093
Address not disclosed, Westville, NJ 08093
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
John Albright

John Albright

+1(609) 605-4534
Listed by Michael Walton • RE/MAX ONE Realty
$995,000
Est. payment /mo
8,276 Sqft Lot
Save

UPDATED:

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Pending

Purchase Type For Sale

MLS Listing ID NJGL2072446

Year Built 1950

Annual Tax Amount $20,876

Tax Year 2025

Lot Size 8,276 Sqft

Acres 0.19

Property Sub-Type Five Or More Units

Source BRIGHT

Property Description

Turn-Key 8-Unit Investment Opportunity in Westville. Exceptional opportunity to acquire a well-maintained, turn-key 8-unit multifamily property in a prime location in Westville. This attractive asset offers strong in-place cash flow with a current gross annual income of $132,394 and an impressive 8% cap rate, making it an ideal addition to any investor's portfolio. The property has been well cared for and presents beautifully, offering tenants a desirable living environment in a convenient location close to major highways, shopping, dining, and public transportation. With stable occupancy and solid existing income, this is a true plug-and-play investment. In addition to the strong current returns, the property offers significant value-add potential through future rent increases and operational efficiencies, including the opportunity to implement utility bill-backs such as water reimbursement to further enhance NOI and overall asset value. Whether you are a seasoned investor or looking to expand your multifamily portfolio, this is a rare chance to own a high-performing asset in a strong rental market with upside potential still remaining.

Location

State NJ

County Gloucester

Area Westville Boro (20821)

Zoning R

Interior

Hot Water Natural Gas

Cooling None

Heat Source Natural Gas

Exterior

Garage Spaces 10.0

Water Access N

Accessibility None

Total Parking Spaces 10

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Gateway Regional Schools

Others

Tax ID 21-00100-00013 01

Ownership Fee Simple

Special Listing Condition Standard

Read Less Info
Bright MLS (BMLS)
John Albright

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(609) 605-4534

sales@johnalbright.com

332 Haddon Ave, Twp, NJ 08108, United States

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Prime Realty Partners, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

Address not disclosed