#NJCD2095522, Jeffrey Pilla, Listing office: Tesla Realty Group LLC
Property details
About 617 Newton Ave
PRIME INVESTMENT OPPORTUNITY SITUATED ON A QUIET CORNER LOT IN OAKLYN!!! Don't miss this staggering x6 unit building featuring x4 2BD/1BTH units & x2 1BD/1BTH units along with a private basement & spacious private parking lot! Units are filled with an abundance of natural light & brimming with historic charm as well as updated touches & upgrades. Brand new high efficiency heater with separate electric & gas. Tenants are responsible for electric & gas, the landlord is responsible for water & heat. Property is currently generating around 6k/mo in rental income with one vacant unit & room for tremendous growth. Whether you are a savvy investor looking to add SIX quality doors to your portfolio or an owner-occupant buyer living in either one of the 1 or 2 bedroom units while letting the tenants pay your mortgage AND still generating positive cash flow - then this incredible value add is for you! **Offer memorandum w/ rent roll & financials attached in Bright documents.
Highlights
Home typeOther
HeatingRadiant
StatusActive
(ACTIVE)
(ACTIVE)
Size6,042 sqft
BasementYes
Lot size0.24 Acres
Year built1935
ParkingGravel Driveway, Parking Lot
MLS #NJCD2085252
Summary
- Basement: Yes
- Parking: Gravel Driveway, Parking Lot
- Architectural Style: Traditional
- Heating: Radiant
- Cooling: None
- List Price: $715,000
- Price/SqFt: $118
- Annual Tax Amount: $14,862
- Tax Year: 2024
- Directions: Head west on Haddon Ave toward E Homestead Ave. Turn left onto Collings Ave then left onto White Horse Pike. Turn right onto W Clinton Ave then left onto Newton Ave & the property will be on the left.
- Year Built: 1935
- Living Area: 6,042 SqFt
- Municipality: Oaklyn Boro
- Lot Size: 0.24 Acres
- MLS Number: NJCD2085252
- MLS Name: BRIGHT
- Office Name: Keller Williams - Main Street
- Office Phone: (856) 858-2200
- Office Email: njrealtortara@gmail.com
- Listing Agent: Patrick M Gorman
- Agent Phone: (856) 200-8320
- Agent Email: patrick.gorman@gormangrouprealtors.com
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 participates, and is provided by BRIGHT through a licensing agreement.
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 sold or are no longer being offered for sale. 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. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
BRIGHT MLS is the (or 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. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/16/2025, 3:45:28 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Nov 17, 2020 | Home Sold | $292,500 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $291,600 | $14,862 |
| 2022 | $291,600 | $13,794 |
| 2021 | $291,600 | $13,794 |
| 2020 | $291,600 | $13,620 |
| 2019 | $291,600 | $12,973 |
History based on county public records data.
Nearby schools
7
Clyde S. Jennings Elementary School
Public District KG-5
0.4 mi
•100 W Cedar Ave
4
Thomas Sharp Elementary School
Public District PK-5
0.9 mi
•400 Comly Ave
6
Mansion Avenue School
Public District 3-6
1.0 mi
•300 Mansion Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $51,074. Most Oaklyn, NJ residents have annual incomes between $35k-100k. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
33%
<35k
52%
35k-100k
14%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
62%
Single, No Kids
9%
Single, with Kids
16%
Married, No Kids
13%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
13%
<11 yrs old
6%
12-17 yrs old
25%
18-34 yrs old
47%
35-64 yrs old
9%
65+ yrs old
What do the neighbors do for fun?
Major League Soccer (MLS)
Pro Boxing
Tennis
Where do the neighbors shop?
Banana Republic
IKEA
Crate & Barrel
Where do the neighbors go to eat?
Jack In The Box
Quiznos
Starbucks
What do the neighbors drive?
Toyota
Lexus
BMW
What do the neighbors listen to?
Jazz
Soft Adult Contemporary
News
All data provided by Home Junction and Claritas
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Frequently asked questions
About 617 Newton Ave
The listing price of 617 Newton Ave property is $715,000.
The property 617 Newton Ave is a house located in Oaklyn, New Jersey, 08107.
Active Listing: 617 Newton Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 617 Newton Ave are: Clyde S. Jennings Elementary School (GreatSchools Rating 7/10), Thomas Sharp Elementary School (GreatSchools Rating 4/10), Mansion Avenue School (GreatSchools Rating 6/10), Collingswood Middle School (GreatSchools Rating 5/10), William G. Rohrer Middle School (GreatSchools Rating 5/10), Woodlynne Borough Public School (GreatSchools Rating 5/10), Oaklyn Public School (GreatSchools Rating 5/10), Collingswood High School (GreatSchools Rating 3/10), Audubon Junior/Senior High School (GreatSchools Rating 4/10).
According to the records, the last property tax for 2024 is $14,862 (source: MLS/based on county public records data).
The last sale was on November 17, 2020 for $292,500 (source: MLS/tax record).
The property at 617 Newton Ave has 0 bathroom.
The property 617 Newton Ave is 6,042 SqFt (source: MLS/tax record).
The year of construction for 617 Newton Ave is 1935.
This home is located at 617 Newton Ave in Oaklyn, NJ and zip code 08107. This 6,042 square foot home, which was built in 1935, sits on a 0.24 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since February 13, 2025 and is currently priced at $715,000.
The number of listings in Oaklyn, NJ increased by 14.3% between May and June 2025. In June 2025 median list price was $400,000 and the average listing age was 68 days.
From Rocket Homes Real Estate and based on county public records data.