606 Delaware Avenue Roebling, NJ $ 360,000
606 Delaware Avenue
$ 360,000
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606 Delaware Avenue

Roebling, NJ, 08554
$ 360,000
Bedrooms5 Baths0.0

Monthly Estimate*

$ 2,515

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Multi-Family Home for sale in Roebling, NJ

for $360,000 with 5 bedrooms. This home was built in 1920 on a lot size of 0.17.

Welcome to 606 Delaware Avenue in Roebling, NJ! This charming duplex serves as a fantastic investment property. 606 Delaware is currently rented for $1560 a month but is vacating at the end of April. This property has the potential to rent for $1850 a month. 608 Delaware is currently vacant as well, allowing for the new owner to owner occupy one unit and fill the other with a tenant of their choice. Market value for this unit is $2000 a month. Potential CAP Rate is 10.81% 606 Delaware is a cozy residence which features 2 bedrooms and 1 bathroom . As you step inside, you'll be greeted by a spacious layout that seamlessly flows from room to room. The kitchen boasts elegant granite countertops and a convenient pantry, providing ample storage and meal prep space. The living room, dining room and kitchen feature tile flooring throughout for a seamless look and convenient living. Upstairs features luxury vinyl plank flooring for a modern look. The bathroom has a tub/ shower combo with tile shower surround and linen closet for added storage. Relax and unwind on the inviting porch, perfect for enjoying your morning coffee or evening breeze. The property also includes a basement, offering additional storage or potential for customization to suit your needs. As you step inside 608 Delaware Ave, you're greeted by a well-maintained interior that exudes warmth and character. The main floor features a formal dining room, perfect for hosting gatherings and creating lasting memories with loved ones. The living room and dining room share the same vinyl plank flooring for a seamless flow and easy care. The kitchen boasts a convenient pantry, offering plenty of storage space for all your culinary essentials. The 2 bedrooms on the second floor have ample storage and cozy carpet. The third floor features a large third bedroom with carpet and storage. The full bath has a tub/shower combo with tile surround for a more modern look. The home also includes a basement, offering additional storage and potential for a variety of uses to suit your needs. A lovely porch provides a charming outdoor space to enjoy the fresh air and relax with a good book or a cup of coffee. For added convenience, this home comes equipped with a detached garage that can be used by the tenants for storage, or rented out for additional potential income. There is off street parking for 2 and a large shared, fenced yard for all to enjoy. Whether you're looking to expand your investment portfolio or make this your own, 606 Delaware Avenue offers a fantastic opportunity in a desirable location. Don't miss out on this gemschedule your showing today! Of note, there are photos of both units prior to tenant occupancy and with tenant occupancy.

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Multi-Family Contingent

Price

$ 360,000

Bedrooms

5

Property Type

Multi-Family

Taxes

$ 5,222

Style

Traditional

Lot Size

0.17

Year Built

1920

Town/City

Roebling

County/Region

Burlington

MLS | Web ID

NJBL2058886

Features
General
Interior Features Carpet Dining Area Floor Plan - Open Pantry
Sewer Public Sewer
Heating Forced Air
Cooling None
Possession Negotiable
Roof Shingle
Appliances Oven/Range - Gas
Exterior Features Sidewalks
Zoning RESIDENTIAL
Pool Y/N No Pool
Architectural Style Traditional
Construction Materials Frame
Year Built 1920
Property SubType Duplex
Tax Year 2022
Percent Ownership Fee Simple
Cool Fuel None
Municipality FLORENCE TWP
Gross Income 37920.00
Accessibility None
County BURLINGTON
Net Operating Income 29259.00
Operating Expense 8661.00
Insurance Expense 919.00
New Construction N
Property Type Multi-Family
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Status ACTIVE UNDER CONTRACT
Directions On the corner of Hamilton and Delaware the unit on the left
City ROEBLING
Buyer Agent Compensation 2.5
Total Units 2
MLS Area Florence Twp (20315)
Lot Size Square Feet 7497.00
Waterfront Y/N N
Number of Units Leased 2
Street Name DELAWARE
Tax Annual Amount 5222.0
Property Condition Good
Trash Expense 0.00
Two Bedroom 1
Structure Type Twin/Semi-Detached
Price Per Sq Ft 194.49
Acceptable Financing Cash Conventional FHA
Historic Y/N N
Rent Control Y/N N
Vacation Rental Y/N N
Days on Market 28
Lease Type Month to Month
Standard Status Active Under Contract
Year Built Source Estimated
Total Actual Rent 37920.00
Cap Rate 8.40
Buyer Agent Compensation Type % Of Gross
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Interior
Heating Fuel Natural Gas
Basement Full Unfinished
Flooring Carpet Ceramic Tile Luxury Vinyl Plank
Hot Water Natural Gas
Furnished Units None
Basement (Y/N) Y
Heating Y/N Y
Window Features Replacement
Fireplace Y/N N
Street Suffix AVENUE
Central Air Y/N N
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Exterior
Parking Features Shared Driveway
Lot Features Front Yard SideYard(s)
Water Source Public
Type of Parking Off Street On Street
Foundation Details Block
Spa N
Water View Y/N N
Lot Dimensions 50.00 x 150.00
Lot Size Acres 0.17
Lot Size Units Square Feet
Lot Size Source Estimated
Pool Charge 0.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 606
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* Excluded Features
List By
Compass New Jersey, Llc - Moorestown

Broker

jennifer.rothenberger@compass.com

Email

Affordability Calculator

$2,950
Per Month
85%
15%
0%
Monthly Principal & Interest
$2,515
Monthly Property Taxes
$435
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3535038 Elementary School
3534777 Middle School
Florence Township Memorial High School High School
Pricing History
DatePricePrice ChangeDescription
1/19/2024$350,000 Listed Price

Map


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606 Delaware Avenue, Roebling, NJ, 08554 is a Multi-Family Home for sale at $360,000 with a lot size of 0.17. 606 Delaware Avenue has 5 bedrooms, 0.0 baths, and was built in 1920. The property's zip code is 08554 which is in Roebling, NJ