Gloucester City NJ Multi Family for Sale
- Type:
- Single Family
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- Beds:
- n/a
- Lot size:
- 0.11 Acres
- Year built:
- 1928
- Baths:
- MLS#:
- NJCD2079466
ADDITIONAL INFORMATION
Attention Investors! Income-generating DUPLEX opportunity in Gloucester City. The first-floor unit is a 1 bed, 1 bath with a basement and a small deck leading to the backyard. The second-floor unit has 2 beds, 1 bath with a loft and an enclosed porch off the entrance. The rental potential for the bottom unit is $1200-1300/month, while the top unit's rental potential is $1600-1700/month. Top unit is occupied and the bottom unit is vacant. The new owner can choose to live in the bottom unit and rent out the top unit to help pay the mortgage. The property has separate utilities for electric and gas and is walking distance to Cold Springs Elementary School. The property is being sold in AS-IS condition. Please bring all offers!
- Type:
- Twin Home
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.03 Acres
- Year built:
- 1944
- Baths:
- MLS#:
- NJCD2062404
ADDITIONAL INFORMATION
Attention Investors! Income-making DUPLEX opportunity in Gloucester City. First floor unit is an efficiency unit with a basement and backyard, second floor unit has one bedroom, one bath and an enclosed deck off the kitchen. Bottom unit rental potential is $800/month and top unit rental potential is $1000/month. Top unit has been occupied by long term tenant paying $800/mo. Bottom unit is vacant. New owner has option to live in bottom and rent out top unit to help pay the mortgage. Each unit has newer water heaters. Separate (electric and gas) utilities. This property is walking distance to waterfront park and marina area. Property being sold AS-IS condition. Please bring all offers.
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Gloucester City Real Estate
The median home value in Gloucester City, NJ is $220,000. This is lower than the county median home value of $276,500. The national median home value is $338,100. The average price of homes sold in Gloucester City, NJ is $220,000. Approximately 57.54% of Gloucester City homes are owned, compared to 32.85% rented, while 9.62% are vacant. Gloucester City real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Gloucester City real estate agent to arrange a tour today!
Gloucester City, New Jersey has a population of 11,438. Gloucester City is more family-centric than the surrounding county with 31.34% of the households containing married families with children. The county average for households married with children is 28.19%.
The median household income in Gloucester City, New Jersey is $59,926. The median household income for the surrounding county is $75,485 compared to the national median of $69,021. The median age of people living in Gloucester City is 35.4 years.
Gloucester City Weather
The average high temperature in July is 87.2 degrees, with an average low temperature in January of 27.2 degrees. The average rainfall is approximately 45.1 inches per year, with 13.3 inches of snow per year.