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    West Creek Multifamily Investment Opportunity
    Updated: Jan 31, 2024
    West Creek Multifamily Investment Opportunity

    130 THOMAS AVENUE, West Creek, NJ 08092

    $350,000
    3,026 sqft
    Six 1‑bedroom units offer immediate rental income potential.
    Multi‑family home situated on a corner lot.
    Newer roof provides long‑term value and reduces maintenance concerns.
    Three new hot water heaters (as of March) ensure reliable hot water supply and lower energy costs.
    Property located in West Creek.
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 1 Active listings in West Creek, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Gutted Multifamily Building for Six Units
    Gutted Multifamily Building for Six Units

    111 Oriental Ave, Atlantic City, NJ 08401

    $799,000
    4,620 sqft

    A gutted building is fit out for six units, with new windows installed and a full basement adding flexibility.

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    Ocean Block Development Site
    Ocean Block Development Site

    45-55 Dupont, Seaside Heights, NJ 08751

    $11,499,000
    1.00 AC lot

    41,000 sq ft development site near the ocean.

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    Six-Unit Apartment Building
    Six-Unit Apartment Building

    111 Oriental Ave, Atlantic City, NJ 08401

    $799,000

    Zoned RS-C and gutted for six units, with brand-new windows and a full basement ready for approvals.

    View details
    Multifamily Development Site
    Multifamily Development Site

    45-55 Dupont, Seaside Heights, NJ 08751

    $11,499,000
    0.94 AC lot

    Ocean-block site on three parcels with 78 units in three buildings sold as land for redevelopment in Seaside Heights.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Detached Two-Family Duplex
    Detached Two-Family Duplex

    69 Martense Street, Brooklyn, NY 11226

    $1,888,888
    0.10 AC lot

    Duplex on an R7a-zoned lot with three bedrooms per unit and a semi-finished basement with separate entrance.

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    Central Business Zoned Development Land
    Central Business Zoned Development Land

    107 HOWARD Street, La Plata, MD 20646

    $250,000
    0.23 AC lot

    Central Business zoned parcel with plans for a three-story mixed-use building and 15 parking spaces.

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    Land Near Shepherd University
    Land Near Shepherd University

    8285 MARTINSBURG Pike, Shepherdstown, WV 25443

    $650,000
    3.70 AC lot

    Prime land near Shepherd University with development potential.

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    Asheville Development Opportunity: 5.94 Acres
    Asheville Development Opportunity: 5.94 Acres

    215 N Bear Creek Road, Asheville, NC 28806

    $2,500,000
    5.94 AC lot

    5.94-acre parcel zoned RM6, ideal for multi-family development.

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    Off-Market Properties in West Creek, NJ

    Consider similar Off-Market properties in West Creek, NJ. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    130 Thomas Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    130 Thomas Ave, West Creek, NJ 08092-3330

    Value Estimation by Request
    3,026 sqft 0.52 AC lot
    View details
    782 Main St
    APARTMENT HOUSE (UNDER 5 UNITS)

    782 Main St, West Creek, NJ 08092-3139

    $1,700,000
    Estimated value
    13,440 sqft 2.70 AC lot
    View details

    West Creek, NJ Apartment Buildings Market Trends and Statistics

    Explore 3 apartment buildings for sale in West Creek, NJ on our real estate platform. These investment opportunities span a total of 3,026 square feet of properties for sale, with an estimated market value of $350,000.

    Sale prices for two-family homes in West Creek, NJ average $350,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 3,182
    Population Growth (5Y) -8.5%
    Median Household Income $97,058
    College Educated 52.9%

    High-Yield Neighborhoods for Investment

    Identify West Creek submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    08092 $350K

    Taxes & Financing

    Tax Rate (average for all types) 2.53%
    Property Tax per SF $61.28 per SF
    Tax Rate vs County Average 0.41 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Ocean County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Ocean County

    Retail

    Residential Income

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