40-42 SPILLWAY DR, Alloway, NJ 08001

• 1,312 sqft

Property Description

Discover the potential of 40-42 Spillway Drive - two separate homes set on a beautiful one-acre lot with mature trees and room to expand. Whether you’re an investor, flipper, or buyer looking for multi-income potential, this property offers an incredible opportunity. The main house (#42) features three bedrooms, one full bath, eat-in kitchen, and a large living room anchored by a decorative brick fireplace. Freshly painted with newer flooring in key areas, it’s clean and move-in ready while leaving plenty of room for value-adding improvements. The home also includes solar panels for energy savings and a full basement that could be finished for additional living. Outside, you’ll find an expansive yard, private setting, and detached storage shed - perfect for tools, equipment, or future projects. Tucked beside the main home, (#40) is a cozy one bedroom bungalow offering a world of opportunity. Whether used as a rental unit, guest house, or extended-family suite, it delivers flexibility and strong income potential. Inside, the home features a comfortable living room, updated kitchen with modern cabinetry, and a full bath. The main-level bedroom provides easy convenience, while the loft area upstairs offers bonus space - perfect for a second bedroom, home office, or studio. With private entrances, separate utilities, two septic systems (shared well), and a quiet setting, this opportunity is ideal for investors looking for multi-unit income or homeowners seeking extra space for guests, hobbies, or short-term rental possibilities. Don’t delay, schedule you private tour of this unique property today! Being Sold STRICTLY as-is, where is- Buyer is responsible for ANY/ALL inspections and certificates for the property. Certificate of Occupancy has been received for both homes-see Bright documents.

Listing Status:

Active

Listing Office:

Keller Williams Realty - Washington Township : 8565821200

Listing Agent:

Michael Lentz : 8562023154

MLS ID:

NJSA2016856

Interior

• General: Bathroom - Tub ShowerBuilt-InsCarpetCeiling Fan(s)Combination Kitchen/DiningEntry Level BedroomKitchen - Eat-InKitchen - Table SpaceWater Treat System
• Basement: Full
• A/C: Window Unit(s)
• Heating: Baseboard - Hot WaterOil
• Fireplace: FireplaceFireplaces: 1
• Disability Feature: None
• Eco/Green Feature: PV Solar Array(s) LeasedSolar panels lease through Sunrun on #42

Exterior

• General: Above GradeBelow Grade
• Style: BungalowRanch/Rambler
• Other Structures: Porch
• Parking: Asphalt DrivewayShared Driveway

Construction

• General: FrameBlock

Location

• Originating MLS: BRIGHT_MAIN
• School District: ALLOWAY TOWNSHIP PUBLIC SCHOOLS
• County: SALEM-NJ

Lot

• Zoning: RESIDENTIAL01-00066-00002

Utilities

• Water: Well
• Sewer: On Site Septic

Financial

• Source: BRIGHT_MAIN
• Exclusions: Tenants possessions

This listing courtesy of Michael Lentz, Keller Williams Realty - Washington Township