617 Newton Ave, Oaklyn, NJ 08107

Oaklyn
Local realty services provided by:Better Homes and Gardens Real Estate Reserve
617 Newton Ave,Oaklyn, NJ 08107
$715,000
  • 10 Beds
  • - Baths
  • 6,042 sq. ft.
  • Multi-family
  • Pending
Listed by: patrick m gorman
Office: keller williams - main street
MLS#:NJCD2085252
Source:BRIGHTMLS

Price summary

  • Price:$715,000
  • Price per sq. ft.:$118.34

About this home

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.

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Home facts

  • Year built:1935
  • Listing ID #:NJCD2085252
  • Added:378 day(s) ago
  • Updated:November 01, 2025 at 07:28 AM

Rooms and interior

  • Bedrooms:10
  • Basement Description:Partial
  • Living area:6,042 sq. ft.

Heating and cooling

  • Heating:Natural Gas, Radiator

Structure and exterior

  • Year built:1935
  • Building area:6,042 sq. ft.
  • Lot area:0.24 Acres
  • Architectural Style:Traditional
  • Construction Materials:Vinyl Siding
  • Foundation Description:Permanent

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$715,000
  • Price per sq. ft.:$118.34
  • Tax amount:$15,411 (2024)

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