Two-Unit
27 W GARWOOD AVENUE, Williamstown, NJ 08094
For Sale
$245,000
Separate upper and lower residences provide a practical multi-unit configuration near shopping, transit, and major roads.
Property Size1,341 SF
Price / SF$182.70
Days on Market51
Property Features for 27 W GARWOOD AVENUE
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Additional Details
Public Transit
Building Details
Year Built
Listing Agency:
BHHS Fox & Roach-Washington-Gloucester
(856) 227-8900
Listed By:
Angie Kovalak · License #900924
(856) 885-0818
Source:
Cummingsrealtors
Added: Sep 18
Changed: Nov 6
Last Checked: Nov 6 at 9:31AM
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 BHHS Fox & Roach-Washington-Gloucester
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1939, this duplex contains two separate residences with distinct bedroom and bath configurations. The upper-level unit includes one bedroom and one full bathroom, while the lower residence provides two bedrooms and one full bathroom.
The property is situated near Main Street, shopping, public transportation, and major roadways. Its two-unit layout offers a straightforward residential income property format for an owner or investor seeking separate living spaces within one building.
The property is situated near Main Street, shopping, public transportation, and major roadways. Its two-unit layout offers a straightforward residential income property format for an owner or investor seeking separate living spaces within one building.
Key Highlights
- Two‑unit duplex configuration
- Upper unit with 1 bedroom and 1 full bath
- Lower unit with 2 bedrooms and 1 full bath
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,620
Cap Rate
7.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$352,400
$352.4K
Cap Rate 7%
$251,714
$251.7K
Cap Rate 9%
$195,778
$195.8K
Market Conditions
NOI Build-Up for 1,341 SF
Gross rent
$26.6K $19.80/SF
− Vacancy
−$1.4K −$1.03/SF
EGI
$25.2K $18.77/SF
− OpEx
−$7.6K −$5.63/SF
NOI
$17.6K $13.14/SF
Area
Gloucester County, NJ
Vacancy
5.20%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$352,400
Cap Rate 7%
$251,714
Cap Rate 9%
$195,778
Alternative Uses
Best Use
Multifamily LT 5
$251.7K
$220.3K – $293.7K
NOI $17,620 @ 7.0% cap · market cap 7.19%
Second Best
Apartment 5plus
$223.9K
$195.9K – $261.2K
NOI $15,674 @ 7.0% cap · market cap 6.40%
Theoretical Best
Office A
$450.8K
$394.4K – $525.9K
NOI $31,553 @ 7.0% cap · market cap 12.88%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
48
Businesses Nearby
Explore this area
Business Placement
Demographics for 08094, NJ
40,774
Population
15,878
Households
2.6
Avg Household Size
41
Median Age
28%
College-Educated
94%
High-School Grad
54.8 sq mi
ZIP Area
744
Density / Sq Mi
$92,125
Median Household Income
$52,681
Median Earnings
$1,420
Median Rent
$260,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Duplexes in Gloucester County, NJ
Properties on Market for Duplexes in Gloucester County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Separate upper and lower residences provide a practical multi-unit configuration near shopping, transit, and major roads.
Where is this duplex located?
The property is located at 27 W GARWOOD AVENUE Williamstown, NJ.
What is the asking price?
The asking price for this property is $245,000.
What are key features of this property?
This property features: Two‑unit duplex configuration; Upper unit with 1 bedroom and 1 full bath; Lower unit with 2 bedrooms and 1 full bath
