Gloucester City NJ Multi Family for Sale
- Type:
- Single Family-Detached
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.04 Acres
- Year built:
- 1900
- Baths:
- MLS#:
- NJCD2080300
ADDITIONAL INFORMATION
Charming Duplex in Gloucester City, NJ. This is a fantastic duplex property located in the heart of Gloucester City, NJ. This well-maintained rental property offers two distinct units, perfect for investors or those seeking rental income with added versatility. Unit 1: Situated on the first floor, this spacious 1 bedroom apartment features an open and inviting layout, complete with a generously-sized living area, an eat-in kitchen, and ample storage. The unit also includes access to a large basement with a dedicated laundry area "ideal for additional storage or tenant amenities. Unit 2: Located on the second floor, features a cozy 1 bedroom apartment offers a comfortable living space with a thoughtful layout, making it an attractive option for tenants. The property boasts easy access to public transportation, major highways, local dining, and shopping. With its prime location and rental potential, this property is an excellent opportunity for those looking to invest in a well-established neighborhood. Don't miss out on this versatile income-generating property!
- 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 $234,950. 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 $234,950. 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.