WILLIAMSTOWN, NJ 08094 Williamstown, NJ 08094
MULTI_FAMILY - WILLIAMSTOWN, NJ
- Added:
- Jun 23, 2026
- Days on Market:
- 18
- Last Refresh:
- Jul 10 at 10:06 pm
Property Features
General Information
- Property type
- Residential Multi Family
- Property subtype
- Single Family Residence
- Standard status
- Active
- Size
- 2,939 SF
Building Details
- Year built
- 1958
Listing agent Valerie Yosef (856) 906-4252
Listing office BHHS Fox & Roach Cherry Hill Home Marketing Center NJ (856) 428-8000
Listing date Jun 23, 2026
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Investment Insights
Based on property information with market context.
Two of the units have been extensively renovated with updated finishes, while the third unit requires a complete renovation. The property sits on a large lot and is described as having commercial zoning, offering flexibility for future development considerations.
For sale as an income-producing multifamily asset with a current occupancy base and a value-add component tied to completing the renovation of the remaining unit.
Key Highlights
- Legal triplex built in 1958 with nearly 3,000 sq ft of living space
- Three 4‑bedroom, 2‑bath units; two units currently occupied
- Leases in place at $2,500/month and $2,450/month, extending for approximately another year
Local 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 | $88.2k | $30.00 |
| − Vacancy | −$6.0k | −$2.04 |
| EGI | $82.2k | $27.96 |
| − OpEx | −$37.0k | −$12.58 |
| NOI | $45.2k | $15.38 |