Two-Home Multifamily
769 Route 54, Williamstown, NJ 08094
For Sale
$499,999
Multi-Family, Williamstown, NJ
Property Size3,348 SF
Lot Size3.46 Acres
Price / SF$149.34
Days on Market49
Property Features for 769 Route 54
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Half bathrooms
Rooms
Interior features
Fireplace
Basement
Middle school
High school
Directions
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Sewer type
Heating system
Water source
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Buildings
Listing Agency:
Goldstone Realty
Listed By:
Zev Wertzberger
(732) 898-3400
Added: Sep 20
Changed: Oct 30
Last Checked: Nov 7 at 9:06AM
MLS# 22629772
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.
This multifamily property includes two separate residences on approximately 3.46 acres. The front home has 3 bedrooms, 2 full baths, a living and dining area, kitchen, and a finished basement with additional rooms, a full bath, laundry room, and separate entrance. The rear home includes 3 bedrooms, 1.5 baths, living and dining rooms, and a kitchen. The 3,348-square-foot living area shown in tax records excludes the finished basement.
Located at 769 Route 54 in Williamstown, NJ, the property was built in 1958 and features stone and shingle siding, shingle roofing, laminate, ceramic tile, and vinyl flooring. Heating systems include forced air and baseboard, with well water and septic service.
Located at 769 Route 54 in Williamstown, NJ, the property was built in 1958 and features stone and shingle siding, shingle roofing, laminate, ceramic tile, and vinyl flooring. Heating systems include forced air and baseboard, with well water and septic service.
Key Highlights
- Two separate homes on approximately 3.46 acres
- Front home includes 3 bedrooms, 2 full baths, and a finished basement
- Rear home features 3 bedrooms, 1.5 baths, living and dining rooms, and a kitchen
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,133
Cap Rate
7.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$782,660
$782.7K
Cap Rate 7%
$559,043
$559.0K
Cap Rate 9%
$434,811
$434.8K
Market Conditions
NOI Build-Up for 3,348 SF
Gross rent
$75.5K $22.56/SF
− Vacancy
−$4.4K −$1.31/SF
EGI
$71.2K $21.25/SF
− OpEx
−$32.0K −$9.56/SF
NOI
$39.1K $11.69/SF
Area
Gloucester County, NJ
Vacancy
5.80%
Lease Rate
$22.56 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$782,660
Cap Rate 7%
$559,043
Cap Rate 9%
$434,811
Alternative Uses
Best Use
Apartment 5plus
$559.0K
$489.2K – $652.2K
NOI $39,133 @ 7.0% cap · market cap 7.83%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.13M
$984.7K – $1.31M
NOI $78,778 @ 7.0% cap · market cap 15.76%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
7
Businesses Nearby
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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
$260,200
Median Home Value
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Market
Average Price Trend$/SF for Multifamily properties in Gloucester County, NJ
Properties on Market for Multifamily properties in Gloucester County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Multifamily property - Two separate residences provide distinct living layouts with additional finished basement space.
Where is this multifamily property located?
The property is located at 769 Route 54 Williamstown, NJ.
What is the asking price?
The asking price for this property is $499,999.
What are key features of this property?
This property features: Two separate homes on approximately 3.46 acres; Front home includes 3 bedrooms, 2 full baths, and a finished basement; Rear home features 3 bedrooms, 1.5 baths, living and dining rooms, and a kitchen
