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294 Devoe Ave, Spotswood, NJ, 08884

1beds
2baths
931sqft
$475,000
$510price/sqft
$3,510/moest. monthly cost
$140,400/yrincome needed

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.

Getting Around

63
WalkingSomewhat Walkable
0
TransitVery Limited Transit
40
BikeSomewhat Bikeable

Schools

3/10
5/10
Spotswood High SchoolGrades 9-121.1 mi

Construction

Materials

  • Roof: Asphalt

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Gas Range/Oven,Microwave,Refrigerator,Range,Gas Water Heater

Basement

  • Area: 0

Basement

  • Has basement: Yes
  • Basement: Full, Storage Space, Laundry Facilities

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1

Dining Room

  • Features: Living Dining Combo

Features

  • Vaulted Ceiling(s),1 Bedroom,Kitchen,Bath Full,Dining Room,Family Room,None
  • Flooring: Carpet,Ceramic Tile,Wood

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 931
  • Total interior livable area: 931 sqft

Kitchen

  • Features: Galley Type

Property

Details

  • Parcel number: 2400111500012

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 10,001 sqft
  • Features: Possible Subdivision,Irregular Lot,Level
  • Lot size dimensions: 100.00 x 100.00

Parking

  • Parking features: 2 Car Width,3 Cars Deep
  • Has uncovered spaces: Yes

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

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

How This Home’s Risks Compare

Inland Flooding
Strong Wind
Winter Weather
Cold Wave
Heat Wave
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 $2,401$28,812
Home Insurance *$129$1,548
Property Taxes $787$9,444
Electricity $193$2,318
Total$3,510$42,120
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$120,342/yr
40% on housing$105,300/yr
45% on housing$93,600/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

$510This listing

vs Other Active Listings

Avg $/sqft

ZIP 08884$194
Middlesex County$305

vs Homes Sold Last Month

Median $/sqft

ZIP 08884$391
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
2026-04-23Price change$525,000
2026-03-10Listed for sale$549,900
2025-12-02Listing removed$599,999
2025-11-03Listed for sale$599,999
2025-10-21Listing removed$650,000
2025-08-25Listed for sale$650,000
2019-05-28Sold$325,000

For Sale by Agent

AgentFADY BESHARA
BrokerageEXP REALTY, LLC

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