617 Newton Ave, Oaklyn, NJ 08107
Local realty services provided by:ERA OakCrest Realty, Inc.
617 Newton Ave,Oaklyn, NJ 08107
$715,000
- 10 Beds
- - Baths
- 6,042 sq. ft.
- Multi-family
- Active
Listed by:patrick m gorman
Office:keller williams - main street
MLS#:NJCD2085252
Source:BRIGHTMLS
Price summary
- Price:$715,000
- Price per sq. ft.:$118.34
About this home
PRIME INVESTMENT OPPORTUNITY SITUATED ON A QUIET CORNER LOT IN OAKLYN!!! Don't miss this staggering x6 unit building featuring x4 2BD/1BTH units & x2 1BD/1BTH units along with a private basement & spacious private parking lot! Units are filled with an abundance of natural light & brimming with historic charm as well as updated touches & upgrades. Brand new high efficiency heater with separate electric & gas. Tenants are responsible for electric & gas, the landlord is responsible for water & heat. Property is currently generating around 6k/mo in rental income with one vacant unit & room for tremendous growth. Whether you are a savvy investor looking to add SIX quality doors to your portfolio or an owner-occupant buyer living in either one of the 1 or 2 bedroom units while letting the tenants pay your mortgage AND still generating positive cash flow - then this incredible value add is for you! **Offer memorandum w/ rent roll & financials attached in Bright documents. The next proposed Group Showings (not an open house), will be Mon (8/18) @ 1p & Wed (8/27) @ 4p**
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Home facts
- Year built:1935
- Listing ID #:NJCD2085252
- Added:227 day(s) ago
- Updated:September 29, 2025 at 01:35 PM
Rooms and interior
- Bedrooms:10
- Living area:6,042 sq. ft.
Heating and cooling
- Heating:Natural Gas, Radiator
Structure and exterior
- Year built:1935
- Building area:6,042 sq. ft.
- Lot area:0.24 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$715,000
- Price per sq. ft.:$118.34
- Tax amount:$15,411 (2024)
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