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    Updated Duplex in Woodbury Historic Title is generated by Realmo AI

    43 HIGH Street, Woodbury, NJ 08096

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    For Sale
    $300,000

    MULTI_FAMILY - Colonial - WOODBURY, NJ

    Property size:
    1,914 SF
    Price / SF:
    $156/SF
    Added:
    May 15, 2026
    Days on Market:
    7
    Last Refresh:
    May 21 at 11:06 am

    Property Features for 43 HIGH Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Rooms
    Basement
    Parking features
    On Street
    Appliances
    Oven/Range - Gas
    Standard status
    Active
    Size
    1,914 SF

    Taxes and HOA fees

    Tax Annual Amount
    5838

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1900
    Number of units
    1
    Building materials
    Frame
    Architectural style
    Colonial

    We can help!

    Listing Contact
    Monica L Francesco

    Listing agent Monica L Francesco License #119598

    Listing office Keller Williams Realty - Washington Township 381 Egg Harbor Road unit: 2, Sewell, NJ

    Listing date May 15, 2026

    MLS# NJGL2073230 Listing URL

    Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Dual‑income potential as a duplex in the Woodbury Historic District.
    • Updated second‑floor unit with new laminate floors, kitchen cabinets, and bathroom vanity.
    • Major mechanical updates (heater, hot water heater, central air) for the second floor installed in 2018; roof replaced in 2016.
    • Separate electric and gas meters for simplified utility management.
    • Low‑maintenance flooring (laminate and ceramic tile) throughout.
    • Unfinished basement provides ample storage and communal laundry area.

    Overview

    This twin/semi-detached duplex is located in the heart of the Woodbury Historic District. It offers the flexibility to live in one unit while renting the other or to manage both as a dual-income rental. The first floor unit has one bedroom, while the second and third floor unit has two to three bedrooms. The interior has been updated with fresh paint throughout and durable laminate and ceramic tile flooring. The second-floor unit features new laminate floors, new kitchen cabinets, and an updated bathroom vanity. Major mechanical updates include a heater, hot water heater, and central air conditioning for the second floor, all installed in 2018. The roof was replaced in 2016. Utility management is simplified with separate electric and gas meters, though the property operates on a single water and sewer bill. Additional functional space is available in the unfinished basement, which provides storage and a communal laundry area, supplemented by an individual washer hookup in the first unit. The property is being sold in "as-is" condition. The property size is 1914 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Woodbury
    County
    Gloucester
    State
    New Jersey
    Longitude
    -75.1276
    Latitude
    39.8266

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    FAQs

    What type of property is this?
    Duplex - Versatile duplex in Woodbury's Historic District, ideal for investment.
    Where is this duplex located?
    The property is located at 43 HIGH Street Woodbury, NJ.
    What is the asking price?
    The asking price for this property is $300,000.
    What are key features of this property?
    This property features: Dual‑income potential as a duplex in the Woodbury Historic District.; **Updated second‑floor unit with new laminate floors, kitchen cabinets, and bathroom vanity.**; Major mechanical updates (heater, hot water heater, central air) for the second floor installed in 2018; roof replaced in 2016.
    (856) 981-9233
    We can help!
    Listing Contact
    Monica L Francesco
    Real Estate License ID: 119598
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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