159 DELAWARE ST, WOODBURY, NJ 08096
159 DELAWARE ST, WOODBURY, NJ 08096
Sold Price:
$1,100,000
List Price:
$1,500,000
Sold Date:
May 19, 2026
Sq. Ft.:
N/A
Type:
Commercial
Listing #NJGL2068476
Buyer's Agent: Edward R Marrone
Listing Agent: Edward R Marrone
Listing Agent: Edward R Marrone
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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.
Buyer's Agent: Edward R Marrone
Listing Agent: Edward R Marrone
Listing Agent: Edward R Marrone
Property Features
County:
GLOUCESTER-NJ
Municipality:
WOODBURY CITY
MLS Area:
Woodbury City (20822)
Heating:
Heat Pump(s)
Heating Fuel:
Electric
Cooling:
Heat Pump(s), Electric
Floors:
Carpet, Vinyl, CeramicTile
Total Number of Units:
12
Accessibility:
Ramp - Main Level
Stories:
2
Is New Construction:
No
Construction:
Brick
Foundation:
Concrete Perimeter
Septic or Sewer:
Public Sewer
Has Garage:
No
Parking Spaces:
24
Site Description:
Downtown
Lot Features:
Road Frontage
Lot Size in Acres:
0.62
Lot Size in Sq. Ft.:
27,094
Condition:
Average
Building Total Area (Sq. Ft.):
9,000
Road Description:
Black Top
Has Waterfront:
No
Has Water Access:
No
School District:
WOODBURY PUBLIC SCHOOLS
ListDate:
2026-03-04 00:00:00.0
Property Type:
COM
Property SubType:
Commercial Sale
Year Built:
1998
Ownership Interest:
Fee Simple
Inclusions:
all apartment appliances
Exclusions:
tenants personal items
$ per month
Year Fixed. % Interest Rate.
| Principal + Interest: | $ |
| Monthly Tax: | $ |
| Monthly Insurance: | $ |
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© 2026 BRIGHT. All rights reserved.
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Rivera Realty participates, and is provided by BRIGHT through a licensing agreement. Real estate listings held by brokerage firms other than Rivera Realty are marked with the IDX icon, and detailed information about each listing includes the name of the listing broker. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale. Home sale information is not to be construed as an appraisal and may not be used as such for any purpose. BRIGHT MLS is a provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Information Deemed Reliable But Not Guaranteed.
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Rivera Realty participates, and is provided by BRIGHT through a licensing agreement. Real estate listings held by brokerage firms other than Rivera Realty are marked with the IDX icon, and detailed information about each listing includes the name of the listing broker. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale. Home sale information is not to be construed as an appraisal and may not be used as such for any purpose. BRIGHT MLS is a provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Information Deemed Reliable But Not Guaranteed.
BRIGHT(MRIS/Trend) data last updated at May 24, 2026, 4:27 PM ET
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