40 SPILLWAY DRIVE, Alloway, NJ 08001

$300,000 Asking Price

5 beds
2 baths
1,312  sqft
Built in 1934

INVESTORS DELIGHT!! Come check out this unique property! Two separate houses situated on this 1 acre lot with a shared septic and well system! Unit# 40 has 2 bedrooms 1 bath that has been updated with new flooring through out, updated kitchen cabinets with new counter tops. The second house #42 has 3 bedrooms 1 bath recently renovated also has a solar system to help with your electric bill. Both homes are heated with oil , Unit #40 has its tank in the back of the house and Unit #42 tank is located in the basement. This is an excellent opportunity for investors or possibly for someone to own a private home and a rental unit to supplement their income. Both units are currently tenant occupied. Property being sold as is, buyer responsible for all certifications. Inspections are for informational purposes only. This is an estate sale with no property disclosure seller did not live in the homes, Buyers may perform a complete home inspection of both houses. Please do not disturb tenants without a scheduled appointment through Showing Time.


Features & Amenities

Interior

A/C:
Window Unit(s)
Heating:
Y, Baseboard - Hot Water, Oil
Disability Feature:
2+ Access Exits

Exterior

General:
Above Grade,Below Grade
Style:
Bungalow

Construction

General:
Frame, 1, Crawl Space

Location

Originating MLS:
BRIGHT_MAIN
School District:
ALLOWAY TOWNSHIP PUBLIC SCHOOLS
County:
SALEM

Lot

Zoning:
RESIDENTIAL, 01-00066-00002
Current Use:
0

Utilities

Water:
Well
Sewer:
Septic Tank Installed

Financial

Source:
BRIGHT_MAIN

This listing courtesy of:
Century 21 Rauh & Johns, Dolores Wood

About Alloway, NJ

Housing

Number of Units
104
Median Home Value
$252,751
Median Rent
$700

9.42% of housing units are renter occupied.

8.54% are vacant.

Commute

Car
90.08%
Public Transportation
0.39%
Walk to Work
0.00%
Work from Home
8.99%
Other
0.54%

The median travel time to work is 35 minutes.

People

Population
252
Median Age
46.40
Median Household Size
2.76

Education

High School
26.67%
Associate’s Degree
20.66%
Bachelor’s Degree
21.90%
Graduate Degree
6.38%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

Message

Interested in this home?

Request more information: