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357 OAKWOOD AVENUEGLASSBORO, NJ 08028

Commercial · 7,232 Sq. ft. | 0.20 Acres
$1,750,000 ACTIVE

357 OAKWOOD AVENUE Overview

Time on Site:
158 days
Visits:
6

An exceptional investment opportunity awaits in Glassboro! Perfectly positioned only steps from Rowan University's main campus, this fully occupied 8-unit building was completely rebuilt in 2018 with high-end finishes throughout—hardwood floors, granite countertops, and modern appliances in every unit. The first floor features four spacious 1-bed/1-bath units, while the upper level offers four premium 3-bed/3-bath layouts ideal for student housing demand. With tenants responsible for all utilities, this property offers strong cash-flow . Pro forma details can be found in the documents section.

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357 OAKWOOD AVENUE Facts & Features

  • Type Commercial
  • Sq. ft. 7,232
  • Price/Sq.ft. $242
  • Lot 0.20 Acres

Details

General

Income/Expenses

  • Gross Income: 167685.00
  • Income Includes: Apartment Rentals,Laundry
  • Insurance Expense: 7768.00
  • Net Operating Income: 110639.00
  • Operating Expense: 56454.94
  • Operating Expense Includes: Electric,Insurance,Landscaping,Management Fees,Pest Control,Repair/Maintenance,Sewer,Snow Removal,Trash

Listing Information

  • Real Estate Owned: No
  • Short Sale: No

Building Information

  • New Construction: No
  • Year Built: 1925

Business Information

  • Business Type: Apartment Building

Location/Region

  • Country: US
  • County: GLOUCESTER
  • County Or Parish: GLOUCESTER
  • MLS Area Major: Glassboro Boro (20806)

Parking Information

  • Total Parking Spaces: 16
  • Type of Parking: Parking Lot

Tax Information

  • City/Town Tax Payment Frequency: Annually
  • County Tax Payment Frequency: Annually
  • Tax Annual Amount: $32,369.00
  • Tax Assessed Value: 890000.00
  • Tax Year: 2025

General Information

  • Exclusions: Personal Property
  • Historic: No
  • Inclusions: All existing Appliances; Current Lease Agreements
  • Municipal Trash: No
  • Property Condition: Excellent
  • Property Sub Type: Five Or More Units
  • Property Type: Commercial Sale
  • School District Name: GLASSBORO PUBLIC SCHOOLS
  • Special Listing Conditions: Standard
  • Vacation Rental: No
  • Year Assessed: 2025
  • Zoning: R2

Unit Information

  • Other Units: Unit 1,Unit 1,Unit 1,Unit 1,Unit 1

Interior

Building Information

  • Cooling Fuel: Electric
  • Heating Fuel: Natural Gas
  • Total Drive In Doors: 0

Parking Information

  • Garage: No

Building Interior

  • Building Area Source: Estimated
  • Building Area Total: 7232.00
  • Central Air: Yes
  • Hot Water: Natural Gas

General Information

  • Accessibility Features: 2+ Access Exits
  • Cooling: Central A/C
  • Entry Level: 2
  • Flooring: Hardwood, Carpet, Ceramic Tile
  • Internet Services: Cable
  • Security Features: Carbon Monoxide Detector(s),Fire Detection System,Sprinkler System - Indoor,Smoke Detector
  • Stories Total: 3

Exterior

Building Information

  • Total Loading Docks: 0

Parking Information

  • Parking Features: Paved Parking, Private

Lot Information

  • Lot Dimensions Source: Assessor
  • Lot Features: Corner
  • Lot Size Acres: 0.20
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 8712.00
  • Lot Size Units: Square Feet
  • Water Source: Public

Waterfront/View

  • Water Oriented: No
  • Water View: No
  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Stucco, Metal Siding
  • Roof: Flat

General Information

  • Number Of Units Total: 8
  • Sewer: Public Sewer
  • Utilities: Cable TV Available,Natural Gas Available,Electric Available
  • Water Access: No

Unit Information

Unit 1 Details

  • Unit Type: Unit 1

Unit 2 Details

  • Unit Type: Unit 1

Unit 3 Details

  • Unit Type: Unit 1

Unit 4 Details

  • Unit Type: Unit 1

Unit 5 Details

  • Unit Type: Unit 1

357 OAKWOOD AVENUE Neighborhood

Community

08028 (GLASSBORO) Demographics

29
Median Age
1,402
Population Density (per sq. mile)
46%
College Educated
$75,189
Estimated Median Income
4,396
Estimated Total Home Owners
2,300
Estimated Total Renters
66% / 34%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

357 OAKWOOD AVENUE Monthly Cost

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$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

357 OAKWOOD AVENUE Market Data

Based on the last 30 days in this zip code

$417,111
Average List Price
$229
Average Price per Square Foot
11
Properties Sold
78
Average Days on Market
61
Properties for Sale
Calculations provided by Reliance Network

357 OAKWOOD AVENUE History

Date Event Value Agent
1/22/2026Source: BRIGHT MLS Added to Database
January 22, 2026
12/3/2024Source: BRIGHT MLS Added to Database
August 10, 2021
Listing provided courtesy of Excel Realty & Property Management- MLS# NJGL2065782MLS ProviderContact Information: [email protected] - 8562263311