246 Billings Avenue Paulsboro, NJ
$ 215,000
Property Attributes
  • MLS#NJGL2007844
  • TypeMulti-Family
  • CityPaulsboro
  • AreaPaulsboro Boro
  • NeighborhoodBillingsport
  • Zip08066
  • StyleColonial,Side-by-Side
  • Year Built1910
  • Taxes$ 6225
  • Price$ 215,000
  • Bedrooms6
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size6,534 SqFt
Listing Provided Courtesy Of:
Compass New Jersey, LLC
Data Source:
Bright MLS
Property Description

Turn your cash into cashflow! Unique value in Desirable Billingsport. Move fast to see this impressive multi-unit property (plus a bonus lot!) on a quiet street in one of South Jersey's hottest markets. This duplex, consisting of 2, 3 bedroom 1 bathroom, units is currently leased for $2,650/month total with the detached garage capable of generating additional income. Each unit has a main floor, full basement, upstairs, and attic. The current condition is average relative to comparably priced properties and both units are current on their yearly municipal inspections. Multi-family properties in Gloucester County have surged in value over 52% in the past calendar year and there is currently a shortage of rental inventory available. An added feature of this property is a second building lot with a detached garage. This structure can generate additional income or serve as dedicated space for a hobbyist or just additional storage. More ambitious buyers could seek to develop this lot but would need to consult with the appropriate municipal authorities to determine the feasibility of any intended use. You're encouraged to learn more about this opportunity but please do not disturb the current tenants. Only individuals with an approved appointment are permitted to access/walk the property, NO EXCEPTIONS.

Elementary School Middle School High School
Billingsport E.S. Paulsboro Middle School Paulsboro H.S.
Price History
12/4/2021 Listed $215,000

General Features

Acceptable Financing Cash, Conventional
Accessibility None
Architectural Style Colonial, Side-by-Side
Construction Materials Frame
Cool Fuel None
Cooling None
Days on Market 51
Elementary School BILLINGSPORT E.S.
Garage Y/N No
Heating Forced Air
High School PAULSBORO H.S.
Lot Size Square Feet 6750.00
MLS Area Paulsboro Boro (20814)
Middle/Junior High School PAULSBORO
New Construction No
Other Structures Above Grade, Below Grade
Other Units Unit 1, Unit 2
Ownership Fee Simple
Pool Y/N No Pool
Possession Immediate
Price Per Sq Ft 101.03
Property SubType Duplex
Property Type Multi-Family
Rent Control Y/N No
School District 300200397138
Sewer Public Sewer
Structure Type Other
Subdivision Name BILLINGSPORT
Tax Annual Amount 6225.0
Tax Lot 00013
Tax Year 2021
Total Units 1
Vacation Rental Y/N No
Water Access Y/N No
Zoning RES

Interior Features

Central Air Y/N No
Heating Fuel Natural Gas
Heating Y/N Yes
Hot Water Electric
Living Area 2128
Three Bedroom Units Count 2

Exterior Features

Lot Dimensions 50.00 x 135.00
Lot Features Additional Lot(s)
Lot Size Acres 0.15
Lot Size Source Assessor
Navigable Water Y/N No
Type of Parking Driveway
Water Oriented Y/N No
Water Source Public
Water View Y/N No
Waterfront Y/N No


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 08066

AVG $200K
AVG $5,182
AVG 36
Year Built
AVG 1915

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