40-42 Spillway Dr, Alloway, NJ
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
Reviews
Mike - Is the ultimate realtor. He is respectfully, aggressive. Our property was on the market for over 12 months, prior to Mike and his team, with less than a handful of viewings in those 12...
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01/31/2026 - Ronda Wells
Mike - Is the ultimate realtor. He is respectfully, aggressive. Our property was on the market for over 12 months, prior to Mike and his team, with less than a handful of viewings in those 12...
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01/31/2026 - cateredsoul
Mike and Tanya represented us in listing and selling our home in Pitman, NJ. We chose the Lentz Team because of their experience and good reviews - and they exceeded our expectations during every...
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01/13/2026 - Keith Armstrong
Just had a closing today with the Mike Lentz Team. Mike and his Executive Administrator Tanya were a pleasure to work with from start to finish. The entire transaction went perfectly from start to...
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01/05/2026 - Ron Bruce
Mike and his team are true professionals. They stand out as one of the best real estate teams out there. I had the pleasure of working with them first when renting out my condo, and later when we...
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12/31/2025 - Brian Jensenius
Mike and his team are true professionals. They stand out as one of the best real estate teams out there. I had the pleasure of working with them first when renting out my condo, and later when we...
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12/31/2025 - bjensenius1
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