Link Copied
Listed price in listed location currency (USD).
$320,000

420

MLS® NJSA2016852

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 1312 sqft
Garage No
Taxes $6,137
Days Active 36
Lot Size 1.05 acres
Approx. Age 1934
Avg. Price Per Sqft $243
MLS® Number NJSA2016852

Property Address: 40 Spillway Dr, ALLOWAY, NJ, 08001-2023

Average square foot calculated using Size range provided by listing agent.

Description

Discover the potential of 40-42 Spillway Drive - two separate homes set on a beautiful one-acre lot with mature trees and room to expand. Whether you’re an investor, flipper, or buyer looking for multi-income potential, this property offers an incredible opportunity. The main house (#42) features three bedrooms, one full bath, eat-in kitchen, and a large living room anchored by a decorative brick fireplace. Freshly painted with newer flooring in key areas, it’s clean and move-in ready while leaving plenty of room for value-adding improvements. The home also includes solar panels for energy savings and a full basement that could be finished for additional living. Outside, you’ll find an expansive yard, private setting, and detached storage shed - perfect for tools, equipment, or future projects. Tucked beside the main home, (#40) is a cozy one bedroom bungalow offering a world of opportunity. Whether used as a rental unit, guest house, or extended-family suite, it delivers flexibility and strong income potential. Inside, the home features a comfortable living room, updated kitchen with modern cabinetry, and a full bath. The main-level bedroom provides easy convenience, while the loft area upstairs offers bonus space - perfect for a second bedroom, home office, or studio. With private entrances, separate utilities and two septic systems (shared well), and a quiet setting, this opportunity is ideal for investors looking for multi-unit income or homeowners seeking extra space for guests, hobbies, or short-term rental possibilities. Don’t delay, schedule you private tour of this unique property today! Being Sold STRICTLY as-is, where is- Buyer is responsible for ANY/ALL inspections and certificates for the property. Certificate of Occupancy has been received for both homes-see Bright documents. Multi-Family - MLS# NJSA2016856
MLS® NumberNJSA2016852
Laundry Level
Central VacNo
FireplaceNo
Acreage1.05
Exterior
GarageNo
Approx. Age1934
BasementFull
DrivewayAsphalt Driveway, Shared Driveway, Circular Driveway, Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Refrigerator (1), Microwave (1), Range (2), Washer (1), Dryer (1), Window A/C

Rooms

Loft:10 × 24 ft
Bedroom 1:9 × 11 ft
Bedroom 4:9 × 10 ft
Living Room:9 × 13 ft
Other:8 × 9 ft
Office:7 × 9 ft
Other:8 × 14 ft
Bedroom 2:9 × 10 ft
Kitchen:8 × 10 ft
Bedroom 3:10 × 11 ft

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 30, 2025List Date
$320,000List Price
  • Commute

Commute

Starting Address
Destination Address
40 Spillway Dr, ALLOWAY, NJ

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Comparable Properties