Bought with Tito B Santiago III • Garden State Properties Group - Merchantville
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22 MADISON AVE Paulsboro, NJ 08066
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Key Details
Sold Price $163,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,511 sqft
Price per Sqft $107
Subdivision None Available
MLS Listing ID NJGL2077446
Sold Date 10/29/26
Style Other
Abv Grd Liv Area 1,511
Year Built 1920
Available Date 2026-08-19
Annual Tax Amount $5,509
Tax Year 2025
Lot Size 9,147 Sqft
Acres 0.21
Property Sub-Type Detached
Source BRIGHT
Property Description
Investor/contractor special with major upside. This two-family property needs extensive rehabilitation, and is not for beginners. Best suited for experienced investors, builders, contractors, cash buyers. Once properly rehabbed, projected rents may be approximately $1,600–$1,650/month for the 2-bedroom unit and $1,900–$1,975/month for the 3-bedroom unit, for a potential combined rent roll of approximately $3,500–$3,625/month. Property is being sold strictly as-is, where-is. Buyer responsible for all due diligence, inspections, certifications, repairs, permits, and municipal requirements. Proof of funds required prior to showing approval. All parties entering must sign a waiver and release of liability before access.
Location
State NJ
County Gloucester
Area Paulsboro Boro (20814)
Zoning RES
Interior
Hot Water None
Heating None
Cooling None
Fireplace N
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Private Pool No
Building
Foundation Slab
Above Ground Finished SqFt 1511
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade
New Construction N
Schools
School District Paulsboro Public Schools
Others
Tax ID 14-00067-00004
Ownership Fee Simple
SqFt Source 1511
Special Listing Condition Short Sale
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