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$320,000
46 Days On Site

40 SPILLWAY DRIVE 42
ALLOWAY, NJ 08001

For Sale|Single Family Residence|Active
4
Beds
2
Total Baths
2
Full Baths
1,312
SqFt
$244
/SqFt
1934
Built
Subdivision:
PARADISE LAKES
County:
SALEM
Listing courtesy of Keller Williams Realty - Washington Township

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215-206-1980
40 SPILLWAY DRIVE 4240 SPILLWAY DRIVE 4240 SPILLWAY DRIVE 4240 SPILLWAY DRIVE 42
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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 and 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. Multi-Family - MLS# NJSA2016856

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Listing Snapshot
Price 
$320,000
Days On Site 
46 Days
Bedrooms 
4
Inside Area (SqFt) 
1,312 sqft
Total Baths 
2
Full Baths 
2
Partial Baths 
N/A
Lot Size 
1.05 Acres
Year Built 
1934
MLS® Number 
NJSA2016852
Status 
Active
Property Tax 
$6,137
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
a month agoListing updated with changes from the MLS®
2 months agoListing first seen on site
General Features
Acres 
1.05
Foundation 
Block
Levels 
One
Parking 
AsphaltShared DrivewayCircular DrivewayDriveway
Parking Spaces 
4
Property Sub Type 
Single Family Residence
Sewer 
Septic Tank
Special Circumstances 
Standard
SqFt Above 
1312
SqFt Total 
1312
Style 
BungalowRanch/Rambler
Water Source 
Well
Zoning 
RESIDENTIAL
Interior Features
Appliances 
Electric Water HeaterWater Purifier
Basement 
Full
Cooling 
Ceiling Fan(s)Window Unit(s)Electric
Fireplace 
Yes
Fireplaces 
1
Flooring 
Carpet
Heating 
OilBaseboard
Interior 
Eat-in KitchenCeiling Fan(s)Built-in Features
Main Level Bedrooms 
4
Bedroom 1 
Level - Main
Bedroom 2 
Level - Main
Bedroom 3 
Level - Main
Foyer 
Level - Main
Kitchen 
Level - Main
Living Room 
Level - Main
Loft 
Level - Main
Mud Room 
Level - Main
Office 
Level - Main
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Exterior Features
Construction Details 
Frame
Patio And Porch 
Porch
Pool Features 
None
Community Features
MLS Area 
Alloway Twp (21701)
School District 
ALLOWAY TOWNSHIP PUBLIC SCHOOLS
Schools
School District
ALLOWAY TOWNSHIP PUBLIC SCHOOLS
Elementary School
ALLOWAY TWP. E.S.
Middle School
ALLOWAY TOWNSHIP SCHOOL
High School
WOODSTOWN H.S.
Listing courtesy of Keller Williams Realty - Washington Township



The real estate listing information is provided by Bright MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. This web site references real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2020 Bright MLS. All rights reserved.

Neighborhood & Commute
Source: Walkscore
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