Rental Opportunity 4BR in Hot Williamstown Market! For Sale

  • $155,000
  • 4 beds
  • 1.5 baths
  • 1,238 sqft

  • 🏡 651 N Main St, Williamstown, NJ 08094

    Asking Price: $155,000
    Type: Single Family (Deed-Restricted Moderate-Income Rental)
    Occupancy: Vacant


    🔑 Quick Highlights

    • 4 Beds / 1.5 Baths

    • 1,240 Sq Ft Living Area

    • 15,246 Sq Ft Lot (Deep Lot)

    • Year Built: 1900

    • Parking: Rear Driveway (Access via 1812 Tuckahoe Rd)

    • Storage: Detached Shed

    • Condition: Light cosmetic + minor system updates


    💰 Investment Snapshot

    • Use: Rental only must lease to income-qualified tenants

    • Current Rent Cap: $1,680/month

    • Recent Updates:

      • Septic replaced ≈ 6 years ago

      • Well pump replaced ≈ 3 years ago

      • Passed well certification (last rental inspection)


    📈 ARV (Comps Nearby)

    Comparable unrestricted sales show values ranging from $250,000 to $320,000+ depending on condition and size:


    💡 Why This Deal Works

    ✅ Predictable rental income under moderate-income program
    ✅ Strong affordable-housing demand in Williamstown
    ✅ Low ownership & maintenance costs
    ✅ Upside potential with light updates


    📞 Access & Questions

    Reach out to Harshil for access: 📲 (856) 388-5669 (Call or Text)

Price:
$155,000
Address:
1651 N Main St
Williamstown, New Jersey 08094
Square Feet:
1,238
Lot Size:
0.35 Acres Lot
Bedrooms:
4
Bathrooms:
1.5
Terms:
For Sale
Property Type:
Home
Year Built:
1900

Call 856-512-1899 for more details

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