4,584 SqFt
4,584 SqFt
Key Details
Property Type Multi-Family, Townhouse
Sub Type Interior Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 4,584 sqft
Price per Sqft $207
MLS Listing ID NJSA2015456
Style Other
Abv Grd Liv Area 4,584
Year Built 1974
Available Date 2025-07-10
Annual Tax Amount $13,497
Tax Year 2024
Lot Size 0.980 Acres
Acres 0.98
Lot Dimensions 0.00 x 0.00
Property Sub-Type Interior Row/Townhouse
Source BRIGHT
Property Description
This turnkey quadplex checks all the boxes: high cap rate, immediate cash flow, no HOA or utility burdens, and an ideal tenant-friendly location. With rents totaling $8,000/month and expenses under control, this is a rare opportunity to earn over $1,100/month net even with today's rates. Whether you're looking for a passive buy-and-hold or a high-equity, long-term strategy—1123 Almond Road delivers
All four townhome units feature 2 bedrooms, 1.5 bathrooms, and full, unfinished basements with washer & dryer hookups in each unit—ideal for long-term tenant appeal.
The property offers paved parking and is tucked away in a quiet, private setting that backs to trees and a stream flowing into Parvin Lake. Located directly across from Pittsgrove Middle School and within walking distance to Parvin State Park, Centerton Inn, Anderson's Country Store, and Centerton Pond, this location offers both convenience and charm.
Whether you're a seasoned investor or new to multi-family properties, this is a strong cash-flowing asset with excellent long-term potential.
Additional documents are available in the document section, including a full financial breakdown, cap rate details, and rental projections—everything you need to evaluate this exceptional opportunity.
Contact the listing agent today for more details or to schedule a private showing!
Location
State NJ
County Salem
Area Pittsgrove Twp (21711)
Zoning R1
Rooms
Basement Full
Interior
Interior Features Built-Ins, Family Room Off Kitchen, Floor Plan - Open
Hot Water Electric
Heating Baseboard - Electric
Cooling Central A/C
Flooring Carpet, Ceramic Tile
Equipment Range Hood, Refrigerator, Microwave
Fireplace N
Window Features Energy Efficient
Appliance Range Hood, Refrigerator, Microwave
Heat Source Electric
Exterior
Utilities Available Cable TV, Electric Available
Water Access Y
View Creek/Stream, Street, Trees/Woods
Roof Type Pitched,Shingle
Accessibility None
Garage N
Building
Lot Description Rear Yard
Foundation Block
Sewer Private Sewer, On Site Septic
Water Private
Architectural Style Other
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Pittsgrove Township Public Schools
Others
Tax ID 11-01702-00010
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
Virtual Tour https://youtu.be/4En5IR6zBuE
