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 7k/mo in rental income with 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.
Pending
$715,000
617 Newton Ave, Oaklyn, NJ 08107
10beds
6baths
6,042sqft
Est.:
Multi Family
Built in 1935
-- sqft lot
$672,800 Zestimate®
$118/sqft
$-- HOA
What's special
Historic charmSpacious private parking lotAbundance of natural lightUpdated touchesCorner lot
- 91 days
- on Zillow |
- 63 |
- 3 |
Zillow last checked: 7 hours ago
Listing updated: April 02, 2025 at 08:45am
Listed by:
Patrick Gorman 856-200-8320,
Keller Williams - Main Street,
Listing Team: Gorman Group Realtors
Source: Bright MLS,MLS#: NJCD2085252

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 6
Basement
- Area: 0
Heating
- Radiator, Natural Gas
Cooling
- None
Appliances
- Included: Gas Water Heater
Features
- Basement: Partial
- Has fireplace: No
Interior area
- Total structure area: 6,042
- Total interior livable area: 6,042 sqft
Property
Parking
- Total spaces: 6
- Parking features: Gravel, Parking Lot
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 10,498 Square Feet
- Dimensions: 75.00 x 140.00
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 260005300012
- Zoning: RES
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Foundation: Permanent
Condition
- New construction: No
- Year built: 1935
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Oaklyn
- Municipality: OAKLYN BORO
Financial & listing details
- Price per square foot: $118/sqft
- Tax assessed value: $291,600
- Annual tax amount: $15,411
- Date on market: 4/2/2025
- Listing agreement: Exclusive Agency
- Ownership: Fee Simple
- Total actual rent: 84444
- Income includes: Apartment Rentals
- Loading