11 HIGH ST, Woodbury, NJ 08096
11 HIGH ST, Woodbury, NJ 08096
11 HIGH ST, Woodbury, NJ 08096
27
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Listed by Nicole Dillon • HomeSmart First Advantage Realty
$439,900
Est. payment /mo
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4,070 SqFt
New

11 HIGH ST Woodbury, NJ 08096

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Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 4,070 sqft

Price per Sqft $108

MLS Listing ID NJGL2077252

Style Victorian

Abv Grd Liv Area 4,070

Year Built 1900

Annual Tax Amount $8,134

Tax Year 2025

Lot Size 6,098 Sqft

Acres 0.14

Lot Dimensions 45 x 128

Property Sub-Type Detached

Source BRIGHT

Property Description

***Attention Savvy investors -Instant Cash Flow, Long-term tenants, Significant upside.*** 11 High Street presents a compelling opportunity to acquire an established three-unit income-producing property in the heart of Woodbury, currently generating $4,200 per month and $50,400 in annual gross rental income.

All three units are occupied by long-term tenants of approximately 10 years, providing an established rental history from day one. The first and second-floor units each feature 2 bedrooms and 1 full bath, while the third-floor unit offers 3 bedrooms and 1 full bath. Each unit has its own utilities and mechanical systems, with tenants paying their own utilities.

Substantial Rent roll upside! Current rental comps indicate meaningful opportunity to increase rental income with modest improvements, giving the next owner the ability to add value over time while acquiring a property that is already producing income today.

The opportunity goes well beyond the numbers. This classic High Street property retains the craftsmanship and architectural character that make older homes special, including original hardwood floors, pocket doors, handcrafted railings and other period details throughout. Generous room sizes and traditional layouts add to the appeal, while an exceptionally large backyard provides a surprising amount of outdoor space for a multi-unit property.

Major improvements include a roof less than 10 years old and replacement windows installed approximately 15 years ago. Driveway and street parking are available.

For the investor looking for that difficult-to-find combination of established income, long-term occupancy, value-add potential and a property with genuine character, 11 High Street checks a lot of boxes.

Buyer are responsible for conducting their own due diligence regarding zoning, permitted use, unit count, rental requirements, historical district requirements and any intended future use of the property with the appropriate municipal and governmental authorities. Photos have been digitally enhanced to preserve the privacy of the tenants and their belongings.

Location

State NJ

County Gloucester

Area Woodbury City (20822)

Zoning RESIDENTIAL

Rooms

Basement Unfinished

Interior

Hot Water Electric, Natural Gas

Cooling Window Unit(s)

Flooring Hardwood

Fireplaces Number 1

Fireplaces Type Non-Functioning

Fireplace Y

Heat Source Natural Gas

Laundry None

Exterior

Garage Spaces 3.0

Water Access N

Roof Type Architectural Shingle

Accessibility None

Total Parking Spaces 3

Garage N

Private Pool No

Building

Lot Description Front Yard, Rear Yard

Foundation Block, Stone

Above Ground Finished SqFt 4070

Sewer Public Sewer

Water Public

Architectural Style Victorian

Additional Building Above Grade

Structure Type Plaster Walls

New Construction N

Schools

School District Woodbury Public Schools

Others

Tax ID 22-00064-00015

Ownership Fee Simple

SqFt Source 4070

Security Features Carbon Monoxide Detector(s),Fire Detection System,Smoke Detector

Acceptable Financing Cash, Conventional, Private

Listing Terms Cash, Conventional, Private

Financing Cash,Conventional,Private

Special Listing Condition Standard


Bright MLS (BMLS)

NEARBY SCHOOL & BUSINESS

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Zack Grimmer

Zack Grimmer

Associate Broker | Team Leader | REALTOR | Mortgage Loan Officer | License ID: RS346782 | 1973175 | BK359849

+1(215) 667-0238

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11 HIGH ST