48-50 NEWTON Avenue Woodbury, NJ 08096
MULTI_FAMILY - Other - WOODBURY, NJ
Property Features for 48-50 NEWTON Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking
- 3
- Parking features
- On Street, Driveway
- Fireplace
- 1
- Standard status
- Active
- Size
- 4,125 SF
- Lot size
- 0.12 Acres
Taxes and HOA fees
- Tax Annual Amount
- 11773
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1895
- Number of units
- 3
- Building materials
- Brick
- Architectural style
- Other
Listing agent Elyaant Yaliska Armijos License #1862459 (267) 216-7168
Listing office HomeSmart First Advantage Realty 498 Kings Highway, CHERRY HILL, NJ (856) 363-3000
Listing date May 28, 2026
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.
Investment Insights
Based on property information with market context.
The office space has been maintained and offers flexibility for professional use. The property also includes a newer central air conditioning system and numerous improvements.
Situated in Woodbury’s professional district, the location is described as near downtown Woodbury and the Gloucester County Courthouse, with access to restaurants, shopping, and major transportation routes.
Key Highlights
- Brick mixed‑use building built in 1895 with commercial office space on the main level and 2 residential apartments above
- Central air and forced‑air heating, plus a fireplace (FireplaceYN: true)
- On‑street parking and a driveway
Local Financial Insights For Apartment 5plus
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 | $93.1k | $22.56 |
| − Vacancy | −$5.4k | −$1.31 |
| EGI | $87.7k | $21.25 |
| − OpEx | −$39.4k | −$9.56 |
| NOI | $48.2k | $11.69 |
