Upgraded 55+ Duplex with
5 Winthrop Place Whiting, NJ 08759
New
For Sale
$255,000
DUPLEX - Other - Whiting, NJ
Property Size1,184 SF
Lot Size0.08 Acres
Price / SF$215.37
Days on Market1
Property Features for 5 Winthrop Place
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
2
Bathrooms
3
Rooms
Bedroom 2, Den, Dining Room, Bathroom 3, Bathroom 2, Bedroom 1, Bathroom 1
Parking features
On Street, Driveway
Pets allowed
Dogs OK, Cats OK
Interior features
Attic - Pull Down Stairs, Eat-in Kitchen
Exterior features
Underground Sprinkler System, Storm Window
Basement
Crawl Space
Standard status
Active
APN
19-00075-115-00033
Size
1,184 SF
Lot size
0.08 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
3499
Utilities
Sewer type
Public Sewer
Heating system
Baseboard, Electric (Heating)
Cooling system
Central Air
Water source
Public
Building Details
Year built
1979
Floors in Building
1
Building materials
Aluminum Siding
Roof type
Shingle
Architectural style
Other
Listing Agency:
Childers Sotheby's Int Realty
(732) 341-2525
Listed By:
Joseph Amoroso
(732) 341-2525
Added: Jul 28
Last Checked: Jul 28 at 9:06PM
MLS# 22622853
Copyright © 2026 More 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.
This duplex is a Sherbourne model with a den, offering modern updates throughout. The recently updated kitchen features granite countertops and stainless steel appliances. Additional improvements include updated baths, recessed lighting, vinyl wood plank floors, and newer windows. The spacious primary bedroom includes two walk-in closets, along with additional storage throughout the home. Outside, there is a large patio and a sprinkler system for easier garden care.
Set on a quiet cul-de-sac within the 55+ Crestwood Village 5 community, the property benefits from exterior maintenance that covers roof and lawn care, plus snow and trash removal. The community also offers numerous social activities.
With its upgraded interior finishes and low-maintenance exterior support through the community, this duplex is positioned for comfortable, easy day-to-day living.
Set on a quiet cul-de-sac within the 55+ Crestwood Village 5 community, the property benefits from exterior maintenance that covers roof and lawn care, plus snow and trash removal. The community also offers numerous social activities.
With its upgraded interior finishes and low-maintenance exterior support through the community, this duplex is positioned for comfortable, easy day-to-day living.
Key Highlights
- 55+ Crestwood Village 5 community home on a quiet cul‑de‑sac
- Sherbourne model with a den and updated eat‑in kitchen
- Kitchen updates include granite countertops and stainless steel appliances
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 | $30.3k | $25.56 |
| − Vacancy | −$2.0k | −$1.65 |
| EGI | $28.3k | $23.91 |
| − OpEx | −$8.5k | −$7.17 |
| NOI | $19.8k | $16.74 |
1,184 SF · lease $25.56/SF/yr · vacancy 6.46% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$283.1K
$247.7K – $330.3K
NOI $19,816 @ 7.0% cap · market cap 7.77%
Second Best
Apartment 5plus
$260.1K
$227.6K – $303.5K
NOI $18,208 @ 7.0% cap · market cap 7.14%
Theoretical Best
Office A
$309.2K
$270.5K – $360.7K
NOI $21,642 @ 7.0% cap · market cap 8.49%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Well-maintained Sherbourne-model duplex in a 55+ community with updated kitchen, baths, newer windows, and a patio.
Where is this duplex located?
The property is located at 5 Winthrop Place Whiting, NJ.
What is the asking price?
The asking price for this property is $255,000.
What are key features of this property?
This property features: 55+ Crestwood Village 5 community home on a quiet cul‑de‑sac; Sherbourne model with a den and updated eat‑in kitchen; Kitchen updates include granite countertops and stainless steel appliances
