USANJWoodbury159 Delaware St
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New
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$1,500,000

For Sale

3 days ago

159 Delaware St, Woodbury, NJ

MLS® NJGL2068476

0 Bed

0 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes $31,768
Days Active 2
Approx. Age 1998
MLS® Number NJGL2068476

Property Address: 159 Delaware St, Woodbury, NJ, 08096-5914

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

Description

100 % occupied, 12-unit commercial apartment building located in a quiet residential section of Woodbury, NJ. The property consists of eight (8) one-bedroom units and four (4) two-bedroom units, offering a desirable unit mix for long-term rental demand. Seven (7) units feature guaranteed rental income through HUD, providing stable and predictable cash flow. The remaining units are occupied by long-term tenants, further enhancing income reliability and reducing turnover risk. The seller is open to continuing property management for a fee, offering a seamless transition for an out-of-area or hands-off investor. This property presents an excellent opportunity for investors seeking steady income, government-backed rent, and minimal operational disruption in an established residential area. Highlights: 12 total units (8 one-bedroom / 4 two-bedroom) $20, 000 state of the art security system Quiet residential location in Woodbury, NJ 7 HUD-subsidized units with guaranteed rent Long-term tenant base Seller-offered property management available Strong candidate for buy-and-hold investors Roof is about 15-17 HVAC units, probably 7 of the 12 are less than 5 years. Remaining 5 are fully operational, no issues.
MLS® NumberNJGL2068476
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1998
Stories2
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

all apartment appliances

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 4, 2026List Date
$1,500,000List Price
  • Commute

Commute

Starting Address
Destination Address
159 Delaware St, Woodbury, NJ

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