Property
Glassboro, NJ 08028 357 Oakwood Avenue
$1,750,000
14 more
Presented By: Excel Realty & Property Management
SQFT • 7,232
SQFT • 7,232Home Details
An exceptional investment opportunity awaits in Glassboro! Perfectly positioned only steps from Rowan Universitys main campus, this fully occupied 8-unit building was completely rebuilt in 2018 with high-end finishes throughouthardwood floors, granite countertops, and modern appliances in every unit.
The first floor features four spacious 1-bed/1-bath units, while the upper level offers four premium 3-bed/3-bath layouts ideal for student housing demand. With tenants responsible for all utilities, this property offers strong cash-flow . Pro forma details can be found in the documents section.
Presented By: Excel Realty & Property Management
Interior Features for 357 Oakwood Avenue
Other Interior Features
Central Air Y/NYes
FlooringHardwood, Carpet, Ceramic Tile
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas
Total Stories3
Other Rooms
Entry Level2
General for 357 Oakwood Avenue
Acceptable FinancingBank Portfolio, Cash, Conventional, Exchange, Private
Accessibility2+ Access Exits
Association Recreation FeeN
Business TypeApartment Building
CityGLASSBORO
Construction MaterialsStucco, Metal Siding
Cool FuelElectric
CoolingCentral A/C
CountyGLOUCESTER
DirectionsRt 322 to Girard Ave to corner of Oakwood & Whitney Ave.
DisclosuresLead Inspection Certificate Available, Prop Disclosure, Rental Permits
ExclusionsPersonal Property
Gross Income167685.00
HeatingForced Air
Historic Y/NNo
Insurance Expense7768.00
Location TypeCorner Lot/Unit
Lot Size Square Feet8712.00
Lot Size UnitsSquare Feet
MLS AreaGlassboro Boro (20806)
MunicipalityGLASSBORO BORO
Net Operating Income110639.00
New ConstructionNo
Number Of Units Total8
Operating Expense56454.94
OwnerPaysCommon Area Maintenance
OwnershipFee Simple
PossessionSettlement
Price Per Sq Ft Total AG241.98
Property ConditionExcellent
Property SubtypeFive Or More Units
Property TypeCommercial Sale
Property UseInvestment
RoofFlat
Security FeaturesCarbon Monoxide Detector(s), Fire Detection System, Sprinkler System - Indoor, Smoke Detector
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Tax Annual Amount32369.0
Tax Assessed Value890000.0
Tax Lot00002
Tax Year2025
Total Actual Rent167185.00
UtilitiesCable TV Available, Natural Gas Available, Electric Available
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1925
Year Built SourceEstimated
ZoningR2
Exterior for 357 Oakwood Avenue
Building Area Total7232.00
Car Parking Spaces16
InclusionsAll existing Appliances; Current Lease Agreements
Land Assessed Value55000.00
Land Use Code
Lot Dimensions0.00 x 0.00
Lot FeaturesCorner
Lot Size Acres0.20
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Parking FeaturesPaved Parking, Private
Total Loading Docks0
Total Parking Spaces16
Type of ParkingParking Lot
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo
Additional Details
Price History
Tina Torres
Broker/Owner