159 Delaware St | Image 1
159 Delaware St | Image 2
159 Delaware St | Image 3
159 Delaware St | Image 4
159 Delaware St | Image 5
159 Delaware St | Image 6
159 Delaware St | Image 7

$1,500,000

Pending

A month ago

159 Delaware St, Woodbury, NJ

House

MLS® NJGL2068476

0 Bed

0 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Commercial Sale
Size -
Garage 
Taxes $31,768
Lot Size 
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. ADDITIONAL BUILDING INFO: Roof is about 15-17 years old, HVAC units probably 7 of the 12 are less than 5 years, Remaining 5 are fully operational, no issues.
MLS® NumberNJGL2068476
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1998
Basement
DrivewayLighted Parking, Parking Lot
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
-Sold Price

Pending

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

Commute

Starting Address
Destination Address
159 Delaware St, Woodbury, NJ

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