About 56 Linwood Ave
56 Linwood presents a rare opportunity to acquire a fully stabilized, six-unit multifamily investment offering an attractive 8.0% in-place cap rate and immediate cash flow. Each unit is 2 bed, 1 bath with seperate metered gas/electric. This professionally maintained asset is 100% occupied with an established tenant base and has undergone a comprehensive value-add transformation over the past five years. Ownership has strategically renovated units, achieved market rents, implemented a utility reimbursement program, and completed significant capital improvements, including a new and replacement of the front concrete walkway—allowing a new owner to step into a true turnkey investment with limited anticipated near-term capital expenditures. The property also features a separate six-bay garage/storage building that enhances tenant convenience while providing future income potential, as well as coin-operated laundry for supplemental revenue. Situated on a quiet, tree-lined street in Monroe Township, the property benefits from strong tenant appeal and convenient access to Route 42, the Atlantic City Expressway, Philadelphia, and Rowan University.
Features of 56 Linwood Ave
| MLS® # | NJGL2076182 |
|---|---|
| Price | $925,000 |
| Bathrooms | 0.00 |
| Square Footage | 5,520 |
| Year Built | 1960 |
| Type | Multi-Family |
| Sub-Type | Other,Detached |
| Style | Other, Unit/Flat |
| Status | Pending |
Community Information
| Address | 56 Linwood Ave |
|---|---|
| Area | Monroe Twp |
| Subdivision | WOODS OF WASHINGTO |
| City | WILLIAMSTOWN |
| County | GLOUCESTER-NJ |
| State | NJ |
| Municipality | MONROE TWP |
| Zip Code | 08094 |
Amenities
| Amenities | Wood Floors |
|---|---|
| Parking | Private |
| # of Garages | 6 |
| Garages | Covered Parking |
| Is Waterfront | No |
Interior
| Interior Features | Unit/Flat |
|---|---|
| Heating | Radiator |
| Cooling | Wall Unit |
| Has Basement | Yes |
| Basement | Full |
| Fireplace | No |
| # of Stories | 2 |
Exterior
| Exterior | Block, Concrete |
|---|---|
| Lot Description | Level |
| Roof | Shingle |
| Construction | Block, Concrete |
| Foundation | Block |
School Information
| District | MONROE TOWNSHIP PUBLIC SCHOOLS |
|---|
Additional Information
| Date Listed | July 28th, 2026 |
|---|---|
| Days on Market | 32 |
| Zoning | APART |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Listing Ownership | Other |
Listing Details
| Office | Keller Williams Realty |
|---|
