REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.

In-PersonVirtual Tour

Joseph Lam

sales@soldbyturnkey.com +1(856) 305-8329

Listed by Valerie Yosef • BHHS Fox & Roach-Cherry Hill

$525,000

Est. payment - /mo

2,939 SqFt

Save

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,939 sqft

Price per Sqft $178

MLS Listing ID NJGL2074970

Style Ranch/Rambler

Abv Grd Liv Area 2,939

Year Built 1958

Annual Tax Amount $10,529

Tax Year 2018

Lot Size 0.930 Acres

Acres 0.93

Property Sub-Type Detached

Source BRIGHT

Property Description

Excellent investment opportunity! Income-producing legal triplex offering nearly 3,000 square feet of living space and featuring three spacious 4-bedroom, 2-bathroom units. Two units are currently occupied and generating immediate rental income with leases in place at $2,500/month and $2,450/month, both extending for approximately another year. Two of the units have been extensively renovated, offering updated finishes and strong tenant appeal. The third unit requires a complete renovation, presenting significant upside potential for investors seeking to increase cash flow and value. Situated on a large lot with commercial zoning, this property offers flexibility and future development possibilities. Whether you're looking to expand your portfolio or capitalize on a value-add opportunity, this property delivers both current income and long-term potential.

Location

State NJ

County Gloucester

Area Monroe Twp (20811)

Zoning RES

Rooms

Basement Full

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling None

Flooring Luxury Vinyl Plank

Heat Source Natural Gas

Exterior

Water Access N

Roof Type Shingle

Accessibility None

Garage N

Building

Foundation Brick/Mortar

Above Ground Finished SqFt 2939

Sewer On Site Septic

Water Well

Architectural Style Ranch/Rambler

Additional Building Above Grade

New Construction N

Schools

School District Monroe Township

Others

Tax ID 11-04103-00036

Ownership Fee Simple

SqFt Source 2939

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

Read Less Info

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

Joseph Lam

+1(856) 305-8329

Broker Associate | License ID: 0682262

Broker Associate License ID: 0682262

2442 S BLACK HORSE PIKE Williamstown, NJ 08094

Joseph Lam

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

Go tour this home

2442 S BLACK HORSE PIKE