First-Floor Residential Income
For Sale
$165,000
805 WINDING WAY, Westville, NJ 08093
One-level condo with an open layout, included appliances, and community pool access.
Property Size672 SF
Days on Market20
Property Features for 805 WINDING WAY
General Information
Standard status
Active
Size
672 SF
Property subtype
Unit/Flat/Apartment
Units
Unit Mix
1 x 1BR/1BA
Multifamily Units
1
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$2,295
Amenities
community pool
Building Details
Building Size
672 SF
Year Built
1973
Listing Agency:
Fathom Realty NJ, LLC
(609) 247-7389
Listed By:
Susan E Rumpp · License #1537200
(609) 247-7389
Source:
Patmckennarealtors
Added: Jul 17
Changed: Aug 4
Last Checked: Aug 5 at 5:08AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Fathom Realty NJ, LLC
Investment Insights
Based on property information with market context.
This first-floor condominium offers one-level living with one bedroom, one bathroom, and an open interior layout. Appliances are included, providing a straightforward setup for occupancy. The property was built in 1973 and is located at 805 Winding Way in Westville, New Jersey.
Condo fees cover lawn maintenance, snow removal, and water/sewer service. Residents also have access to a neighborhood community pool. Shopping and transit are nearby, adding convenience for occupants and supporting the property’s residential income profile.
Condo fees cover lawn maintenance, snow removal, and water/sewer service. Residents also have access to a neighborhood community pool. Shopping and transit are nearby, adding convenience for occupants and supporting the property’s residential income profile.
Key Highlights
- First‑floor condo with one bedroom and one bathroom
- Open layout with all appliances included
- Condo fees cover lawn maintenance and snow removal
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 | $15.2k | $22.56 |
| − Vacancy | −$879 | −$1.31 |
| EGI | $14.3k | $21.25 |
| − OpEx | −$6.4k | −$9.56 |
| NOI | $7.9k | $11.69 |
672 SF · lease $22.56/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$112.2K
$98.2K – $130.9K
NOI $7,855 @ 7.0% cap · market cap 4.76%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$225.9K
$197.7K – $263.5K
NOI $15,812 @ 7.0% cap · market cap 9.58%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
192
Businesses Nearby
Explore this area
Business Placement
Demographics for 08093, NJ
9,933
Population
4,473
Households
2.2
Avg Household Size
39
Median Age
22%
College-Educated
94%
High-School Grad
4.0 sq mi
ZIP Area
2,483
Density / Sq Mi
$70,257
Median Household Income
$41,051
Median Earnings
$1,230
Median Rent
$192,800
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - One-level condo with an open layout, included appliances, and community pool access.
Where is this residential income property located?
The property is located at 805 WINDING WAY Westville, NJ.
What is the asking price?
The asking price for this property is $165,000.
What are key features of this property?
This property features: First‑floor condo with one bedroom and one bathroom; Open layout with all appliances included; Condo fees cover lawn maintenance and snow removal
