Address not disclosed, Westville, NJ 08093
Address not disclosed, Westville, NJ 08093
Address not disclosed, Westville, NJ 08093
Address not disclosed, Westville, NJ 08093
Address not disclosed, Westville, NJ 08093
Address not disclosed, Westville, NJ 08093
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Scott Zielinski

Scott Zielinski

+1(856) 264-8671
Listed by Michael Walton • RE/MAX ONE Realty
$ 995,000
Est. payment | /mo

8,276 Sqft Lot

Save
$ 995,000
Est. payment | /mo
Save

8,276 Sqft Lot

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

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

Bright MLS (BMLS)
Scott Zielinski
Scott Zielinski

Team Leader - Realtor® Associate | License ID: 1645364

+1(856) 264-8671 | scott@zhomesrealestate.com

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