• 40 Spillway Drive ALLOWAY, NJ 08001

  • $300,000
  • 5
    Bed(s)
  • 2
    Baths
  • 1,312
    Sq Ft
  • 45738
    Sqft

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.

Property Type :

Residential

Subdivision :

Paradise Lakes

County :

SALEM

Style :

Residential

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Property Details

 

Bedroom Information

Total Bedrooms : 5

Master Bedroom Level: 5

Bathroom Information

Total Baths: 2

Full Baths: 2

Half Baths: 0

Water/Sewer

Water Source : Well

Heating & Cooling

Cooling: Window Unit(s)

Heating: Baseboard - Hot Water

Cooling Fuel: Electric

Heating Fuel: Oil

Building Information

Year Built: 1934

Structure: Detached

New Construction: No

Built: 1934

Construction Material: Frame

Foundation/Basement: Crawl Space

Architecture: Bungalow

Pool/Private: No Pool

Pool Information

Pool: No Pool

Utility Features

Sewer: Private Septic Tank

Water

Water Heat: Electric

Lot Information

Lot Size: 45,738

Dimensions: 0.00 x 0.00

Lot Size (Acres): 1.05

Architectural Style: Bungalow

Main Square Feet: 45,738

Property Information

SQ ft: 1,312

SQ ft (Living Area): 1,312

Total Lot SQ ft: 45,738

Subdivision: PARADISE LAKES

Financing: Cash,Conventional

Appx. Lot Dimensions: 0.00 x 0.00

Total Acreage: 1.05

New Construction: No

Type: Bungalow

Listing Information

Possession: Immediate

Days Of Market: 110

Tax Information

Annual Tax: $5,788

Tax Year: 2023

Total Taxes Payment Frequency: Annually

Possession

Immediate

Assessment Information

Taxes Assessment Amount: $176,000

Parking Information

Parking Type: Driveway

Has Garage: N

Multi-Unit Information

Acceptable Financing: Cash,Conventional

Homeowners Association Information

Direction: GPS

School Information

Elementary School: ALLOWAY TWP. E.S.

Middle OR Junior School: ALLOWAY TOWNSHIP SCHOOL

High School: WOODSTOWN H.S.

School District: ALLOWAY TOWNSHIP PUBLIC SCHOOLS

Utility Information

Water Source: Well

Sewer: Private Septic Tank

Cooling Fuel: Electric

Heating Fuel: Oil

Hot Water: Electric

Location Information

Direction: GPS

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
Yorketown Road , Alloway, NJ,08001 $50,000 -- -- 144,619 144619 Sqft
Fieldstone Estates #L.., Alloway, NJ,08001 $89,900 -- -- 64,904 64904 Sqft
Fieldstone Estates #L.., Alloway, NJ,08001 $89,900 -- -- 60,984 60984 Sqft
Fieldstone Estates #L.., Alloway, NJ,08001 $89,900 -- -- 50,965 50965 Sqft
Fieldstone Estates #L.., Alloway, NJ,08001 $89,900 -- -- 43,560 43560 Sqft
Fieldstone Estates #L.., Alloway, NJ,08001 $89,900 -- -- 43,560 43560 Sqft
Fieldstone Estates #L.., Alloway, NJ,08001 $89,900 -- -- 43,996 43996 Sqft
Fieldstone Estates #L.., Alloway, NJ,08001 $89,900 -- -- 43,996 43996 Sqft
85 W Main Street , Alloway, NJ,08001 $275,000 2 1.5 -- 41382 Sqft

Data provided by Bright MLS. Property information is for the users personal, non-commercial use. Information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties that appear on the website may no longer be for sale, and may be under contract or sold. ©2024 Bright MLS, All Rights Reserved. Information is reliable but not guaranteed.

ByOwner last updated this listing 04/29/2024 @ 21:11

MLS: NJSA2009558
LISTED BY: Dolores Wood , Century 21 Rauh & Johns
SOURCE: BRIGHT MLS
Buyer Agency Compensation: 3%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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