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27 Thomas St, South River, NJ, 08882

2beds
2baths
1,615sqft
$589,999
$365price/sqft
$4,576/moest. monthly cost
$183,040/yrincome needed

About This Home

Welcome to 27 Thomas Street, a well-maintained two-family home in the heart of South River, New Jersey, offering an excellent opportunity for both owner-occupants and investors alike. This versatile property features two spacious units, each offering comfortable living spaces and strong rental potential. The first floor unit includes a generously sized one bedroom, one bath layout with direct access to the backyard and a dedicated laundry room. The second unit is a large duplex style one-bedroom, one bath residence featuring a private balcony and a finished attic that provides valuable additional living space, perfect for a home office, recreation room, or guest area. Situated on a large lot, the entire property is enclosed by a brand new 6 foot vinyl privacy fence. A newly constructed two car garage adds tremendous value and offers the potential for additional rental income. The spacious outdoor area provides plenty of room for entertaining, gardening, or simply enjoying your own private retreat. Conveniently located near shopping, dining, schools, and major highways, this property offers easy commuting access and is less than an hour from both New York City and Philadelphia. Whether you're looking to live in one unit while collecting rental income from the other or seeking a strong addition to your investment portfolio, 27 Thomas Street presents an exceptional opportunity in a desirable South River location.

Getting Around

83
WalkingVery Walkable
0
TransitVery Limited Transit
56
BikeBikeable

Schools

5/10
4/10
3/10
South River High SchoolGrades 9-120.9 mi

Construction

Condition

  • Year built: 1910

Materials

  • Roof: See Remarks
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Microwave,Refrigerator,Washer/Dryer Stacked,Microwave Oven,Range/Oven - Gas,Water Heater (See Remarks)
  • Laundry features: Laundry Room

Basement

  • Has basement: Yes
  • Basement: Yes,Crawl Space,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Bedrooms,Eat-in Kitchen,Living Room,Master Bedroom,See Remarks,Attic,Den,Kitchen,Ceiling Fan(s)

Heating & Cooling

  • Heating features: 2 Units,Baseboard - Hotwater,Natural Gas
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 1,615
  • Total interior livable area: 1,615 sqft

Property

Details

  • Parcel number: 2123001480000000160000
  • Zoning description: R-75

Features

  • Levels: Two
  • Stories: 2
  • Fencing: Privacy

Lot

  • Lot size: 4,791 sqft
  • Lot size dimensions: 40 x 125

Parking

  • Total spaces: 10
  • Parking features: 1 Car Width,Asphalt,Driveway-Exclusive,Enclosed,Lighted,On Street,Detached Garage,Finished Garage,Garage,Oversized,See Remarks
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Uncovered spaces: 10

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Strong Wind
    Strong WindRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Strong Wind
Winter Weather
Cold Wave
Inland Flooding
Ice Storm
Tsunami

FEMA Declared Disasters Across New Jersey Counties

Fire
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,983$35,796
Home Insurance *$179$2,148
Property Taxes $1,221$14,652
Electricity $193$2,318
Total$4,576$54,912
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$156,891/yr
40% on housing$137,280/yr
45% on housing$122,026/yr

New Jersey FAIR Plan Programs

New Jersey Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,029Commercial: 173
Total Premiums$5.54M
Total Exposure$1.19B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.6%
7.6%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: -2.7%
-2.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$365This listing

vs Other Active Listings

Avg $/sqft

ZIP 08882$264
Middlesex County$305

vs Homes Sold Last Month

Median $/sqft

ZIP 08882$355
Middlesex County$345

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-12Price change$580,000
2026-07-21Price change$589,999
2026-06-14Listed for sale$599,999
2021-03-19Listing removed--
2021-03-18Listed for rent$1,400
2020-12-04Listing removed$1,400
2020-06-09Listed for rent$1,400
2016-01-04Sold$215,000
2015-09-30Price change$235,000
2015-07-24Listed for sale$275,000

For Sale by Agent

AgentAlexander Fayn
BrokerageProminent Properties Sir

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