$715,000
( $68.11Per Sq Foot )
 $3,838 est/mo Sourced by Back At You

617 Newton Ave,OAKLYN, NJ 08107

OAKLYN, NJ 08107

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Description

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.

Details

MLS #NJCD2084936
Listing TypeFor Sale
Sub-TypeResale
StatusActive-bright
Year1935
Days On Site149
Listing Provided ByKeller Williams - Main Street | Patrick M Gorman

Features

Units6
ZoningRES
Acreage0.24

Interior

CoolingNone
Heating Yes / NoYes
HeatingRadiator

Exterior

Construction MaterialsVinyl Siding

Parking

Garage Yes / NoNo

Utilities

SewerPublic Sewer

Taxes

Tax Year2024
Tax Annual Amount15411
Tax Lot00012

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Learn More About This Property

StateNJ
CountyCAMDEN NJ
CityOAKLYN
Zip Code08107
AreaOaklyn Boro (20426)
School DistrictCAMDEN CITY SCHOOLS
Sourced by Back At You
Listing Updated: July 10, 2025 at 4:36:50 PM PDT