26 State Street, PENNS GROVE, NJ 08069 (MLS # NJSA2014366)
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Investment Opportunity at 24-26 State St.! This quadplex is a fantastic addition to any investor's portfolio, offering significant potential for value appreciation. All four units are spacious one-bedrooms, with two currently occupied and two recently renovated and vacant. Rents are well below market value, presenting an excellent opportunity to maximize cash flow with proper adjustments. The fair market rent (FMR) for this building is a minimum of $5,000/month, making it a strong income-generating asset. Please note: The owner is an investor who has never visited the property, and both the owner and agent make no guarantees. With a little vision and strategic updates, this property could be a high-performing addition to your client's portfolio. Don't miss out on this promising investment"”schedule a viewing today!
| DAYS ON MARKET | 1 | LAST UPDATED | 4/3/2025 |
|---|---|---|---|
| YEAR BUILT | 1945 | COMMUNITY | Penns Grove Boro (21708) |
| COUNTY | SALEM | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| School District | PENNS GROVE-CARNEYS POINT SCHOOLS |
|---|
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| APPLIANCES | Electric Water Heater |
| AREA | Penns Grove Boro (21708) |
| CONSTRUCTION | Block, Vinyl Siding |
| HEAT | Forced Air, Natural Gas |
| LOT DIMENSIONS | 50.00 x 0.00 |
| PARKING | On Street, Driveway |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STYLE | A-Frame |
| TAXES | 7781 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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