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159 Delaware Street Woodbury, NJ $ 1,500,000
159 Delaware Street
$ 1,500,000
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159 Delaware Street

Woodbury, NJ, 08096
$ 1,500,000
Bedrooms-- Baths-- Sq 9,000

Monthly Estimate*

$ 9,236

Commercial Property for sale in Woodbury, NJ

for $1,500,000. This 9,000 square foot building was built in 1998 on a lot size of 0.62.

100 % occupied, 12-unit commercial apartment building located in a quiet residential section of Woodbury, NJ. The property consists of eight (8) one-bedroom units and four (4) two-bedroom units, offering a desirable unit mix for long-term rental demand. Seven (7) units feature guaranteed rental income through HUD, providing stable and predictable cash flow. The remaining units are occupied by long-term tenants, further enhancing income reliability and reducing turnover risk. The seller is open to continuing property management for a fee, offering a seamless transition for an out-of-area or hands-off investor. This property presents an excellent opportunity for investors seeking steady income, government-backed rent, and minimal operational disruption in an established residential area. Highlights: 12 total units (8 one-bedroom / 4 two-bedroom) Quiet residential location in Woodbury, NJ 7 HUD-subsidized units with guaranteed rent Long-term tenant base Seller-offered property management available Strong candidate for buy-and-hold investors

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Commercial Active

Price

$ 1,500,000

Property Type

Commercial

Taxes

$ 31,768

Style

Apartment Building

Lot Size

0.62

Year Built

1998

Town/City

Woodbury

County/Region

Gloucester

MLS | Web ID

NJGL2068476

Features
Interior
Heating Fuel Electric
Flooring Carpet Vinyl Ceramic Tile
Hot Water Natural Gas
Total Stories 2
Heating Y/N Y
Central Air Y/N N
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General
Sewer Public Sewer
Heating Heat Pump(s)
Cooling Heat Pump(s)
Possession 0-30 Days CD
Zoning RM
Security Features Non-Monitored 24 hour security
Construction Materials Brick
Exclusions tenants personal items
Year Built 1998
Property Subtype Five Or More Units
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Municipality WOODBURY CITY
Gross Income 175000.00
Business Type Apartment Building
Accessibility Ramp - Main Level
County GLOUCESTER
Insurance Expense 30000.00
New Construction N
Property Type Commercial Sale
Possible Use Apartment Building
Water Access Y/N N
Status ACTIVE
Directions use GPS
City WOODBURY
Number Of Units Total 12
MLS Area Woodbury City (20822)
Lot Size Units Square Feet
Lot Size Square Feet 27094.00
Tax Annual Amount 31768.0
Property Condition Average
Price Per Sq Ft Total AG 166.67
Acceptable Financing Cash FHA Conventional VA
Association Fee 0.00
Historic Y/N N
Lease Considered Y/N N
Vacation Rental Y/N N
Location Type Downtown
Standard Status Active
Year Built Source Estimated
Tax Lot 0002701
Total Actual Rent 175000.00
Association Recreation Fee N
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Exterior
Parking Features Lighted Parking
Lot Features Road Frontage
Water Source Public
Inclusions all apartment appliances
Type of Parking Parking Lot
Foundation Details Concrete Perimeter
Water View Y/N N
Building Area Total 9000.00
Lot Size Acres 0.62
Road Surface Type Black Top
Lot Size Source Estimated
Waterfront Y/N N
Land Assessed Value 120000.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 159
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* Excluded Features
List By
Re/Max Preferred - Sewell

Broker

edmarroneremax@gmail.com

Email

Affordability Calculator

$11,883
Per Month
78%
22%
0%
Monthly Principal & Interest
$9,236
Monthly Property Taxes
$2,647
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/4/2026$1,500,000 Listed Price

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159 Delaware Street, Woodbury, NJ, 08096 is a Commercial Property for sale at $1,500,000 with 9,000 sqft and a lot size of 0.62. 159 Delaware Street was built in 1998. The property's zip code is 08096 which is in Woodbury, NJ