CCertihomes
294 Devoe Avenue, Spotswood, NJ 08884

$525,000

1 beds 2 baths 931 sqft64 days on marketActive

About this home

Unique investment opportunity in Spotswood! This special property features two separate units on one lot sharing the same address, offering excellent flexibility for investors or owner-users. The residential unit is a home with 1 bedroom, 1 bathroom, and a full basement, perfect for rental income or owner occupancy. The second unit is a 950 sq ft commercial space ideal for retail sales or other small business uses. A new owner has multiple options, including potentially subdividing the two properties or applying for a variance for alternative uses, making this a versatile property with strong upside. Great opportunity for investors, business owners, or anyone looking for mixed-use potential in a prime location.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.19% APR.

Your estimated payment
$5,031/mo

Real estate (PITI + HOA + PMI)
$4,765
Principal + interest$3,382
Property tax + insurance$1,186
PMI / 2nd mortgage$197
Utilities
$464
Heating + cooling$70
Internet + TV + phone$158
Water + sewer + garbage$58
Transportation
$127
Car insurance + maintenance$127
Other (entertainment)
$158
$5,031/mo TLC
Budget$5,531/mo
Remaining after TLC$500/mo
Purchase price
$525,000
Down payment
$26,250 (5%)
Loan amount
$498,750
APR
7.19%

Quick facts

Type
Single Family Residence
Style
Ranch
Year built
Lot size
0.2296 ac
Stories
1
Heating
Forced Air
Cooling
Central Air
Water
Public
HOA
Annual tax
$8,160
MLS #
2611884R
County
Middlesex

At a glance

Air conditioning
Basement

Home features

Appliances
Gas Range/OvenMicrowaveRefrigeratorRangeGas Water Heater
Interior
Vaulted Ceiling(s)1 BedroomKitchenBath FullDining RoomFamily RoomNone
Parking
2 Car Width3 Cars Deep
Kitchen
Galley Type
Dining
Living Dining Combo
Flooring
Carpet, Ceramic Tile, Wood
Roof
Asphalt
Sewer
Public Sewer
Ownership
Fee Simple

Lot features

Possible Subdivision, Irregular Lot, Level

Neighborhood — 08884

MetricThis ZIPCountyUSA
Population7,8948,832,837299,088,112
Population Change Since19903.00%14.00%20.00%
Population Density3,1561,137
Male3,8284,307,827147,432,321
Female4,0664,525,010151,655,844
Never Married1,4441,965,81163,775,926
Married3,7253,647,435123,120,365
Separated166391,23912,639,686
Widowed625515,17215,467,586
Divorced464529,39323,075,029
Number Of House Hold3,0983,167,345111,826,380
Average House Hold Size2.542.732.60
Medial Age39.4737.1535.46
Median House Hold Income$61,994$63,392$48,276
Average House Hold Income$77,145$83,312$63,629
P C I$30,276$30,662$24,529
M D I$51,446$52,505$41,133
A T H E$58,915$61,369$50,898
S T R7.00%7.00%
W C J74.78%81.02%77.74%
(Zip) Code
8884

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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Central Jersey Multiple Listing System, INC

Listing information last refreshed 3/10/2026. Provided courtesy of EXP REALTY, LLC via Central Jersey Multiple Listing System, INC. Information deemed reliable but not guaranteed.

294 Devoe Avenue · Spotswood — $525,000 · Certihomes