40-42 Spillway Dr, Alloway, NJ 08001

Local realty services provided by:ERA Liberty Realty
40-42 Spillway Dr,Alloway, NJ 08001
$320,000
  • 3 Beds
  • - Baths
  • 1,312 sq. ft.
  • Multi-family
  • Active
Listed by: michael lentz
Office: keller williams realty - washington township
MLS#:NJSA2016856
Source:BRIGHTMLS

Price summary

  • Price:$320,000
  • Price per sq. ft.:$243.9

About this home

Discover the potential of 40-42 Spillway Drive - two separate homes set on a beautiful one-acre lot with mature trees and room to expand. Whether you’re an investor, flipper, or buyer looking for multi-income potential, this property offers an incredible opportunity. The main house (#42) features three bedrooms, one full bath, eat-in kitchen, and a large living room anchored by a decorative brick fireplace. Freshly painted with newer flooring in key areas, it’s clean and move-in ready while leaving plenty of room for value-adding improvements. The home also includes solar panels for energy savings and a full basement that could be finished for additional living. Outside, you’ll find an expansive yard, private setting, and detached storage shed - perfect for tools, equipment, or future projects. Tucked beside the main home, (#40) is a cozy one bedroom bungalow offering a world of opportunity. Whether used as a rental unit, guest house, or extended-family suite, it delivers flexibility

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Home facts

  • Year built:1934
  • Listing ID #:NJSA2016856
  • Added:48 day(s) ago
  • Updated:December 18, 2025 at 02:28 PM

Rooms and interior

  • Bedrooms:3
  • Living area:1,312 sq. ft.

Heating and cooling

  • Cooling:Window Unit(s)
  • Heating:Baseboard - Hot Water, Oil

Structure and exterior

  • Year built:1934
  • Building area:1,312 sq. ft.
  • Lot area:1.05 Acres

Schools

  • High school:WOODSTOWN H.S.
  • Middle school:ALLOWAY TOWNSHIP SCHOOL
  • Elementary school:ALLOWAY TWP. E.S.

Utilities

  • Water:Well
  • Sewer:On Site Septic

Finances and disclosures

  • Price:$320,000
  • Price per sq. ft.:$243.9
  • Tax amount:$6,137 (2024)

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