Profitable Four-Unit Building in
112 Laurel Street Woodbury, NJ 08096
112 Laurel Street, Woodbury, NJ, 08096
$375,000
Pending
For Sale
$375,000
Pending
Four-unit building with established tenants in Woodbury, New Jersey.
Property Size2,603 SF
Days on Market68
Property Features for 112 Laurel Street
General Information
- Standard status
- Pending
- Size
- 2,603 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1890
Listing agency
Excel Realty & Property Management
(856) 430-1381
Listed by
Robert F Bailey · License #1120103
(856) 430-1381
Source
Compass
Added: May 15 Updated: Jul 10 at 1:38PM Checked: Jul 21 at 8:27AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Excel Realty & Property Management
Investment Insights
Based on property information with market context.
This is an investment opportunity to acquire a profitable four-unit building located on a quiet street in Woodbury. All units are currently occupied with established tenants. The landlord includes water in the monthly rent, while tenants are responsible for all other utilities. The property is located in Gloucester County, within the Woodbury City MLS Area (20822). School information includes WOODBURY JUNIOR-SENIOR H.S. (GLOUCESTER NJ) as the high school and WOODBURY (GLOUCESTER NJ) as the middle or junior school, both sourced from the Listing Agent. The school district is WOODBURY PUBLIC SCHOOLS, with the School District County ID being 300200396139, also sourced from the Listing Agent. The property size is 2603 square feet.
Key Highlights
- Profitable 4‑unit building offering an investment opportunity.
- All units are currently occupied with established tenants.
- Located on a quiet street in Woodbury.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $51.5k | $19.80 |
| − Vacancy | −$2.7k | −$1.03 |
| EGI | $48.9k | $18.77 |
| − OpEx | −$14.7k | −$5.63 |
| NOI | $34.2k | $13.14 |
2,603 SF · lease $19.80/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$488.6K
$427.5K – $570.0K
NOI $34,202 @ 7.0% cap · market cap 9.12%
Second Best
Apartment 5plus
$434.6K
$380.3K – $507.1K
NOI $30,425 @ 7.0% cap · market cap 8.11%
Theoretical Best
Office A
$875.0K
$765.6K – $1.02M
NOI $61,248 @ 7.0% cap · market cap 16.33%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Four-unit building with established tenants in Woodbury, New Jersey.
Where is this quadplex located?
The property is located at 112 Laurel Street Woodbury, NJ.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Profitable 4‑unit building offering an investment opportunity.; All units are currently occupied with established tenants.; Located on a quiet street in Woodbury.
