48 Newton Ave, Woodbury, NJ 08096

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List Price
$589,000
Status
ACTIVE
Days on Market
152
Price Change
▼ $6,000 1792010267
MLS#
NJGL2073692
Subtype
Multi-Family
Style
Traditional
Year Built
1895
Living Area
4,125
Lot Size
5,271
Acres
0.12
MLS Area Major
Woodbury City (20822)

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.

Additional Information

Taxes
$11,773
Property Description
Traditional
Zoning
RES
Flooring
Hardwood, Vinyl, Brick
Heating
Forced Air
Air Conditioning
Central Air
Roof
Shingle
Foundation
Concrete Perimeter
Parking Features
Concrete Driveway
School District
Woodbury Public Schools

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Listing courtesy of HomeSmart First Advantage Realty. Contact: