$925,000
 $4,966 est/mo Sourced by Back At You

56 Linwood Ave,WILLIAMSTOWN, NJ 08094

WILLIAMSTOWN, NJ 08094

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Description

56 Linwood presents a rare opportunity to acquire a fully stabilized, six-unit multifamily investment offering an attractive 8.0% in-place cap rate and immediate cash flow. Each unit is 2 bed, 1 bath with seperate metered gas/electric. This professionally maintained asset is 100% occupied with an established tenant base and has undergone a comprehensive value-add transformation over the past five years. Ownership has strategically renovated units, achieved market rents, implemented a utility reimbursement program, and completed significant capital improvements, including a new and replacement of the front concrete walkway-allowing a new owner to step into a true turnkey investment with limited anticipated near-term capital expenditures. The property also features a separate six-bay garage/storage building that enhances tenant convenience while providing future income potential, as well as coin-operated laundry for supplemental revenue. Situated on a quiet, tree-lined street in Monroe Township, the property benefits from strong tenant appeal and convenient access to Route 42, the Atlantic City Expressway, Philadelphia, and Rowan University.

Details

MLS #NJGL2076182
Listing TypeFor Sale
Sub-TypeResale
StatusPending-bright
Year1960
Days On Site55
Listing Provided ByKeller Williams Realty | Tracy Harron

Features

SQ Feet5,520
Garage6
BasementY
Story(s)2
Units4
ZoningAPART

Interior

CoolingWall Unit
Heating Yes / NoYes
HeatingRadiator
Interior FeaturesWood Floors

Exterior

RoofShingle
Construction MaterialsBlock, Concrete
Foundation DetailsBlock
Lot FeaturesLevel

Parking

Garage Yes / NoYes
Parking FeaturesPrivate

Taxes

Tax Annual Amount14638

Area Information

StateNJ
CountyGLOUCESTER NJ
CityWILLIAMSTOWN
Zip Code08094
AreaMonroe Twp (20811)
Community NameWOODS OF WASHINGTO
School DistrictMONROE TOWNSHIP PUBLIC SCHOOLS
Listing VS Median (in WOODS OF WASHINGTO)
Price:
$925,000
low | high
Med:
$925,000
50% of Average
sqft:
5,520
low | high
Med:
5,520
50% of Average
$ / sqft:
$168
low | high
Med:
$168
50% of Average
On site:
55
low | high
Med:
55
100% of Average
Sourced by Back At You

Market Activity 08094

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Learn More About This Property

StateNJ
CountyGLOUCESTER NJ
CityWILLIAMSTOWN
Zip Code08094
AreaMonroe Twp (20811)
Community NameWOODS OF WASHINGTO
School DistrictMONROE TOWNSHIP PUBLIC SCHOOLS
Listing VS Median (in WOODS OF WASHINGTO)
Price:
$925,000
low | high
Med:
$925,000
50% of Average
sqft:
5,520
low | high
Med:
5,520
50% of Average
$ / sqft:
$168
low | high
Med:
$168
50% of Average
On site:
55
low | high
Med:
55
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $693K - $1.156M
sqft: 4,000 - 6,500
Nearby Listings Property ImageNearby Listings Details
401 BLUEBELL RD #B Property Photo 1
$1,350
401 Bluebell Rd #b
Williamstown, NJ 08094
Listing Updated: September 21, 2026 at 12:54:32 PM PDT