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9 Quinton Alloway Road Salem, NJ $ 1,800,000
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$ 1,800,000 Get more info
9 Quinton Alloway Road
$ 1,800,000
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9 Quinton Alloway Road

Salem, NJ, 08079
$ 1,800,000
Baths0.0 Sq 13,896

Monthly Estimate*

$ 12,574

9 Quinton Alloway Road, Salem, NJ 08079 - Image 1
9 Quinton Alloway Road, Salem, NJ 08079 - Image 2
9 Quinton Alloway Road, Salem, NJ 08079 - Image 3
9 Quinton Alloway Road, Salem, NJ 08079 - Image 4
9 Quinton Alloway Road, Salem, NJ 08079 - Image 5
9 Quinton Alloway Road, Salem, NJ 08079 - Image 6
9 Quinton Alloway Road, Salem, NJ 08079 - Image 7
Studio

Commercial Property for sale in Salem, NJ

for $1,800,000. This 13,896 square foot building was built in 1900 on a lot size of 0.76.

Quinton Twp multifamily, the mailing address is Salem however this is not Salem City. 6 Duplexes on one block and lot. 8 three bedroom one bath and 4 two bedroom one bath. Laundry in all units. All units have a finished attic and full unfinished basement for storage. New architectural shingles on all the buildings. New Siding on 5 of the buildings. Public water and Public Sewer. Electric water heaters in all units. Every unit has separate above ground oil tanks, tenant is responsible to fill for heat. There are plenty of opportunities for an increase in rents. 2024 Pro-forma gross income of $186, 720.

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Commercial Active

Price

$ 1,800,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 16,268

Style

Apartment Building

Lot Size

0.76

Year Built

1900

Town/City

Salem

County/Region

Salem

MLS | Web ID

NJSA2010032
Features
Interior
Heating Fuel Oil
Hot Water Electric
Heating Y/N Y
Street Suffix ROAD
Central Air Y/N N
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General
Sewer Public Sewer
Heating Baseboard - Hot Water
Cooling Window Unit(s)
Possession 0-30 Days CD 120-180 Days 31-60 Days CD 61-90 Days CD 90-120 Days CD Immediate
Roof Architectural Shingle
Zoning APT
Construction Materials Frame
Year Built 1900
Property SubType Five Or More Units
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
Municipality QUINTON TWP
Business Type Apartment Building
Accessibility 2+ Access Exits
County SALEM
Net Operating Income 129747.00
Operating Expense 31368.00
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions Left at light on main onto Quinton Alloway
City SALEM
Buyer Agent Compensation 2.5
Total Units 0
MLS Area Quinton Twp (21712)
Lot Size Square Feet 33106.00
Waterfront Y/N N
Street Name QUINTON ALLOWAY
Tax Annual Amount 16268.0
Price Per Sq Ft 150.0
Vacation Rental Y/N N
Days on Market 50
Standard Status Active
Year Built Source Assessor
Tax Lot 00001
Cap Rate 7.21
Buyer Agent Compensation Type % Of Gross
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Exterior
Water Source Public
Type of Parking Parking Lot Driveway
Water View Y/N N
Building Area Total 12000.00
Lot Dimensions 0.00 x 0.00
Lot Size Acres 0.76
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 43400.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 9
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* Excluded Features
List By
Keller Williams Hometown

Broker

realestatekate856@gmail.com

Email

Affordability Calculator

$13,929
Per Month
90%
10%
0%
Monthly Principal & Interest
$12,574
Monthly Property Taxes
$1,356
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/12/2024$1,800,000 Listed Price

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9 Quinton Alloway Road, Salem, NJ, 08079 is a Commercial Property for sale at $1,800,000 with 13,896 sqft and a lot size of 0.76. 9 Quinton Alloway Road is a studio with 0.0 baths and was built in 1900. The property's zip code is 08079 which is in Salem, NJ

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