Quadplex with Vacant Building

WILLIAMSTOWN, NJ 08094 Williamstown, NJ 08094

Claim this Listing
For Sale
$899,900

SINGLE_FAMILY - WILLIAMSTOWN, NJ

Property size:
2,875 SF
Lot size:
10.20 Acres
Price / SF:
$313/SF
Added:
Dec 12, 2024
Days on Market:
575
Last Refresh:
Jul 10 at 10:06 pm

Property Features

General Information

Property type
Residential
Property subtype
Other
Standard status
Active
Size
2,875 SF
Lot size
10.20 Acres

Building Details

Year built
1950

Listing agent Raj Khullar License #0673568

Listing office BHHS Fox & Roach Northfield NJ

Listing date Dec 12, 2024

MLS# NJGL2051026

Copyright © 2026 Berkshire Hathaway HomeServices Fox & Roach, Realtors. 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 offering includes a fully occupied four-family (quadplex) property and an additional vacant building on 10.2 cleared acres. The residential building features two 1-bedroom units and two 2-bedroom units. Units are currently rented on month-to-month leases, and the property is described as well-maintained. The seller also notes recent upgrades including a newer roof and a water softener.

The site is in Williamstown, New Jersey, and is described as surrounded by established single-family homes. The remarks further indicate convenience to Philadelphia, Gloucester Premium Outlets, shopping, dining, and public transportation.

Some photos have been staged. This is a for-sale opportunity for buyers seeking an income-producing multifamily asset together with a separate vacant building on a cleared tract.

Key Highlights

  • 10.2 cleared acres
  • Fully occupied 4‑family building: two 1‑bedroom units and two 2‑bedroom units
  • Month‑to‑month leases with current rental income

Local 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 $73.5k $25.56
− Vacancy −$4.7k −$1.65
EGI $68.7k $23.91
− OpEx −$20.6k −$7.17
NOI $48.1k $16.74
2,875 SF · lease $25.56/SF/yr · vacancy 6.46% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$687.4K
$601.5K – $802.0K (±1% cap)
NOI $48,117 @ 7.0% cap · market cap 5.35%
Second Best
Apartment 5plus
$631.6K
$552.7K – $736.9K (±1% cap)
NOI $44,212 @ 7.0% cap · market cap 4.91%
Theoretical Best
Office A
$750.7K
$656.9K – $875.8K (±1% cap)
NOI $52,550 @ 7.0% cap · market cap 5.84%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

FAQs

What type of property is this?
Quadplex - A fully occupied four-family home plus an additional vacant building on 10.2 cleared acres.
Where is this quadplex located?
The property is located at Williamstown, NJ.
What is the asking price?
The asking price for this property is $899,900.
What are key features of this property?
This property features: 10.2 cleared acres; Fully occupied 4‑family building: two 1‑bedroom units and two 2‑bedroom units; Month‑to‑month leases with current rental income
Contact an agent
More about this property
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