Duplex with Central Air and
For Sale
$249,900
5 Winthrop Place, Whiting, NJ 08759
Residential, Duplex, Whiting, NJ
Property Size1,184 SF
Lot Size0.08 Acres
Price / SF$211.06
Days on Market93
Property Features for 5 Winthrop Place
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
Residential, Single Family
Bedrooms
2
Bathrooms
2
Full bathrooms
1
Half bathrooms
1
Rooms
Den, Bedroom 1, Bathroom 2, Bedroom 2, Dining Room, Bathroom 1
Parking features
On Street, Driveway
Pets allowed
Cats OK, Dogs OK
Interior features
Attic - Pull Down Stairs, Eat-in Kitchen
Exterior features
Underground Sprinkler System, Storm Window
Basement
Crawl Space
Subdivision
Crestwood 5
Lot features
Cul-De-Sac
Middle school
Manchester TWP
High school
Manchester Twnshp
Directions
Rt 530 to Schoolhouse Rd. Right on Penwood. Left on Portsmouth. Right on Quincy. Left on Winthrop. Rt 530 right on Congasia. Left on Sunset. Left on Quincy. Right on Winthrop Place.
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
HOA Fee
$177 Monthly
Utilities
Sewer type
Public Sewer
Heating system
Baseboard, Electric (Heating)
Cooling system
Central Air
Water source
Public
Amenities
patio
sprinkler system
exterior maintenance
snow removal
trash removal
social activities
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
Listed By:
Joseph Amoroso
(732) 341-2525
Added: Jul 28
Changed: Oct 26
Last Checked: Oct 28 at 7:06PM
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.
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Investment Insights
Based on property information with market context.
Well-maintained Sherbourne model duplex with a den in the 55+ Crestwood Village 5 community, situated on a quiet cul-de-sac. The home features an updated kitchen with granite countertops and stainless steel appliances, updated baths, recessed lighting, vinyl wood plank floors, and newer windows. Interior details include an eat-in kitchen, a bedroom layout with a master bedroom offering two walk-in closets, and attic pull-down stairs.
Comfort is supported by baseboard electric heat and central air. Additional features include a large patio, an underground sprinkler system for garden care, storm windows, and aluminum siding with a shingle roof.
Public utilities include public water and public sewer. Parking is available with a driveway and on-street spaces.
Comfort is supported by baseboard electric heat and central air. Additional features include a large patio, an underground sprinkler system for garden care, storm windows, and aluminum siding with a shingle roof.
Public utilities include public water and public sewer. Parking is available with a driveway and on-street spaces.
Key Highlights
- Sherbourne model duplex in the 55+ Crestwood Village 5 community on a quiet cul‑de‑sac
- Updated kitchen with granite countertops and stainless steel appliances
- Central air plus baseboard electric heat
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,208
Cap Rate
7.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$364,160
$364.2K
Cap Rate 7%
$260,114
$260.1K
Cap Rate 9%
$202,311
$202.3K
Market Conditions
NOI Build-Up for 1,184 SF
Gross rent
$35.5K $30.00/SF
− Vacancy
−$2.4K −$2.04/SF
EGI
$33.1K $27.96/SF
− OpEx
−$14.9K −$12.58/SF
NOI
$18.2K $15.38/SF
Area
Ocean County, NJ
Vacancy
6.80%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$364,160
Cap Rate 7%
$260,114
Cap Rate 9%
$202,311
Alternative Uses
Best Use
Apartment 5plus
$260.1K
$227.6K – $303.5K
NOI $18,208 @ 7.0% cap · market cap 7.29%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$309.2K
$270.5K – $360.7K
NOI $21,642 @ 7.0% cap · market cap 8.66%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
21
Businesses Nearby
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Demographics for 08759, NJ
34,547
Population
22,101
Households
1.6
Avg Household Size
69
Median Age
23%
College-Educated
93%
High-School Grad
61.3 sq mi
ZIP Area
564
Density / Sq Mi
$55,000
Median Household Income
$41,089
Median Earnings
$1,324
Median Rent
$176,600
Median Home Value
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Frequently Asked Questions
What type of property is this?
Single family property - Well-maintained Sherbourne model duplex in 55+ Crestwood Village 5 with den, updated kitchen, patio, and central air.
Where is this single family property located?
The property is located at 5 Winthrop Place Whiting, NJ.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: Sherbourne model duplex in the 55+ Crestwood Village 5 community on a quiet cul‑de‑sac; Updated kitchen with granite countertops and stainless steel appliances; Central air plus baseboard electric heat
