16-18 E Washington St, Paulsboro, NJ 08066
Local realty services provided by:CENTURY 21 Mertz & Associates
16-18 E Washington St,Paulsboro, NJ 08066
$359,000
- - Beds
- - Baths
- 2,280 sq. ft.
- Multi-family
- Active
Listed by: matthew cadabra
Office: hof realty
MLS#:NJGL2070098
Source:BRIGHTMLS
Price summary
- Price:$359,000
- Price per sq. ft.:$157.46
About this home
Nice duplex property right next to the Paulsboro Police Station. (2) 4 Bedroom- One Bath Units. The property was renovated in 2020 with new plumbing, electric. Each unit has basement storage with washer + dryer included for the tenant. Tenants pay 1935 and 2100 monthly. One tenant pays all utilities (W/S/E/G), and the other pays (E/G) and landlord pays (W/S). Landlord has provided working camera system on the building and currently pays for a shared internet. Keeping the shared internet will be the choice of the new landlord. Both tenants are pleasant and pay on time each month. Spacious yard space for the tenants, and the front yard was upgraded to artificial grass ensuring low costs to maintain the exterior of the building each year. One unit has lifetime lead cert and the other has to be re-swiped in 3 years. At the price listed after taxes/insurance/water/sewer, it is a 10% cap rate.
With the news of listing the building, one tenant has offered to vacate if the new owner would like to be a owner/occupant. This can be negotiated during the sale.
Seller is also selling 214-216 Billingsport Rd, Paulsboro, and both duplex's can be offered as package deal.
Contact an agent
Home facts
- Year built:1920
- Listing ID #:NJGL2070098
- Added:1 day(s) ago
- Updated:March 08, 2026 at 01:36 PM
Rooms and interior
- Basement:Yes
- Basement Description:Unfinished
- Living area:2,280 sq. ft.
Heating and cooling
- Heating:Forced Air, Natural Gas
Structure and exterior
- Year built:1920
- Building area:2,280 sq. ft.
- Lot area:0.11 Acres
- Architectural Style:Side-by-Side
- Construction Materials:Frame
- Foundation Description:Brick/Mortar
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$359,000
- Price per sq. ft.:$157.46
- Tax amount:$7,703 (2025)
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